Originally published on CryptoHuff
Livecoin.net is a centralized cryptocurrency exchange headquartered in Belize that has been operating for over five years. It has more than 600 market pairs, generates roughly $25 Million in trading volume per 24 hour period (according to CoinMarketCap) and has many happy, satisfied users we imagine. In and of itself, it is not a scam.
However, some rogue members of the official Livecoin team are running a scam that, unfortunately, the 01coin Community fell victim to. We would like to recount our experience in hopes of preventing any other cryptocurrency projects from suffering a similar fate.
The zocteam executive recently got together for a conference call to discuss plans and timelines for various development goals. As a result, we have a clear vision of the road ahead. Although the purpose of this Project Update is not to recap that conference call — a lot of the details from it are included here.
It’s a new year in zocland (and everywhere else for that matter), bringing its concomitant new hopes and new dreams. This is the year 01coin will finally reach its goal of becoming the most community-centric project in all of crypto. To follow are some updates describing what is happening now to help bring that goal to fruition.
Over the past several months, a number of zocteam members took time away from the project to focus on work, family and life in general. Although progress in the project did slow over the summertime it by no means stalled completely. Most zocteam members now have renewed availability to work on advancing the project, and so renews our Project Update series. This Project Update will give a cursory overview of what has been occurring since our last update all the way back in June.
In order to participate in network consensus, your 01coin node must remain in sync with the rest of the network. Your node is pretty good at taking care of that all on its itty-bitty lonesome, but sometimes things go wrong. Sometimes a single node can get stuck, and sometimes a big chunk of the network can hive itself off onto a sidechain.
Following these simple steps laid out in this quick reference guide will help you get your 01coin node back in sync, and smack a smile back on your face just like Justin Timberlake circa 1997.
1.) The first…
In honour of the summer solstice, this is going to be the longest Project Update of the year. Just kidding! It will be normal-sized. Promise! In this Project Update, we have some useful information for Noir and FD Reserve users on 01VPS.net, some new functionality for Discord users, and a look-ahead to our upcoming wallet release.
For many of us, the days are getting warmer and longer. Some may be having to shut down or reduce their mining operations. But the 01coin project keeps humming along regardless. Let’s bring ourselves up-to-date with the latest news from the 01coin Community with this Anthology of Activity: the 01coin Project Update.
It’s everyone’s favourite time of the month — 01coin Project Update Day! Yaaaayyyy! 😁
01coin continues to work towards completing our immediate-term tasks that we identified during our planning & coordination meeting on April 19. In this instalment of the 01coin Project Update, we highlight what we’ve been working on over the past two weeks.
This 01coin Project Update comes a little later in the week than usual. Our apologies for the delay! We shan’t delay any further, though, so let’s dive right in…
The most community-centric project in all of crypto: The future is in your hands.