Some interesting events unfolded over the past 3 days regarding Bitcoin-BLAKE2b.
Here’s the timeline:
1. On September 1, a small non-KYC exchange called Neoxa listed the fork under a temporary ticker BTCB2B. Trading pairs included USDC and BTC.
2. Just a few hours later, an unverified claim appeared on the BLAKE-hostile Reddit. A user claimed the exchange had rugged him for $500 worth of BTC that he allegedly deposited intending to sell it for BTCB2B. The user provided no evidence, but was quick to warn others not to use Neoxa.
3. The Bitcoin-BLAKE2b community picked up the claim and started attacking the exchange with increasingly hostile comments — again, without first verifying whether the claim was true.
4. About 24 hours later, the Neoxa team announced that they intended to remove support for BLAKE2b because of the enormous amount of hate directed at them.
This reaction appears particularly unfortunate given that there is no evidence anyone was actually robbed. Apparently, the account behind the original claim never even opened a support ticket, which raises obvious questions.
5. After some level-headed people joined the discussion, it appears the delisting has been postponed for now, and trading is still possible:
https://neoxa.exchange/trade/BTCB2_USDC
https://neoxa.exchange/trade/BTCB2_BTC
6. This should be a cautionary tale for us BLAKE2b Bitcoiners.
On one hand, it demonstrates that our attackers may be willing to operate in highly deceptive ways, including pretending to be one of us in order to cause damage from within.
On the other hand, we need to do a better job of verifying information — whether it confirms what we want to believe or not.
7. I have verified with multiple people that deposits, trading and withdrawals are working. But you should verify this independently as well.
Since the exchange is still in beta, exercise extra caution. Use only small amounts, and withdraw them immediately to your own wallet.
If you run into an issue, don’t be an asshole: open a support ticket and give the exchange a chance to resolve it. Only if the issue remains unresolved should you start posting angry accusations on social media.
We have few friends in this fight and many enemies — some of whom may even pretend to be friends. Stay vigilant.
Here’s the timeline:
1. On September 1, a small non-KYC exchange called Neoxa listed the fork under a temporary ticker BTCB2B. Trading pairs included USDC and BTC.
2. Just a few hours later, an unverified claim appeared on the BLAKE-hostile Reddit. A user claimed the exchange had rugged him for $500 worth of BTC that he allegedly deposited intending to sell it for BTCB2B. The user provided no evidence, but was quick to warn others not to use Neoxa.
3. The Bitcoin-BLAKE2b community picked up the claim and started attacking the exchange with increasingly hostile comments — again, without first verifying whether the claim was true.
4. About 24 hours later, the Neoxa team announced that they intended to remove support for BLAKE2b because of the enormous amount of hate directed at them.
This reaction appears particularly unfortunate given that there is no evidence anyone was actually robbed. Apparently, the account behind the original claim never even opened a support ticket, which raises obvious questions.
5. After some level-headed people joined the discussion, it appears the delisting has been postponed for now, and trading is still possible:
https://neoxa.exchange/trade/BTCB2_USDC
https://neoxa.exchange/trade/BTCB2_BTC
6. This should be a cautionary tale for us BLAKE2b Bitcoiners.
On one hand, it demonstrates that our attackers may be willing to operate in highly deceptive ways, including pretending to be one of us in order to cause damage from within.
On the other hand, we need to do a better job of verifying information — whether it confirms what we want to believe or not.
7. I have verified with multiple people that deposits, trading and withdrawals are working. But you should verify this independently as well.
Since the exchange is still in beta, exercise extra caution. Use only small amounts, and withdraw them immediately to your own wallet.
If you run into an issue, don’t be an asshole: open a support ticket and give the exchange a chance to resolve it. Only if the issue remains unresolved should you start posting angry accusations on social media.
We have few friends in this fight and many enemies — some of whom may even pretend to be friends. Stay vigilant.
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