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Undistributed funds escrowed at poloniex

Discussion in 'News And Announcements' started by Pharesim, Jul 30, 2014.

  1. Pharesim Administrator

    The major part of the undistributed NHZ funds have been sent to escrow@poloniex today

    http://explorer.nhzcrypto.org/?page=account&id=15599447215552607931

    //edit:
    official confirmation by busoni
     
    Pharesim, Jul 30, 2014
    #1

  2. Martian

    What is the intended outcome of this action, just to be clear?




    NHZ-MMVX-Q462-BXY2-GQA8N
     
    Martian, Jul 31, 2014
    #2

  3. Pharesim Administrator

    We did this solely for transparency and trust reasons. Nobody except us knew exactly who controlled those funds before, and some people may have kept a distance because of that.
    It was discussed nearly from the beginning how to solve the trust issue, and we finally agreed that polo is a well-known and trusted entity in the crypto sphere and able to handle the responsibility.


    It doesn't really change anything, except that if we devs collectively overdose on coke the coins won't be lost and the community can discuss how to proceed.
     
    Pharesim, Jul 31, 2014
    #3

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