WrappedXTM price maintenance

Community
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The title is just clickbait. The bridge situation, however, is not.

I don’t particularly want to take this to Reddit or X and start spreading negativity about the project. And sure, nobody has to respond to this. But I do think this needs to be said.

Here’s what bothers me about the whole bridge maintenance situation.

I submitted a wrapping transaction before the maintenance even started. It’s now been 10 days. TEN DAYS, CARL. My coins are still stuck, and I have absolutely no way to access or use them.

So, thanks, Tari Labs, for holding my funds against my will.

Yes, I’m aware of the Community Takeover, the Council, core contributors, and everything else. But looking at GitHub, it appears that bridge transactions require manual approval. And I seriously doubt that just anyone has access to that approval process.

So yes, I chose my words deliberately. My funds are being held.

Why, just WHY, couldn’t the pending transactions have been approved before taking the bridge down for maintenance?

If this really is technical maintenance, wouldn’t clearing the existing queue BEFORE shutting things down have been the obvious thing to do?

Whether intentional or not, the way this was handled makes it pretty hard not to wonder if the pending transactions were deliberately left in limbo.

And that brings me to another question: what exactly is this technical maintenance supposed to involve?

I haven’t seen any recent changes to the bridge-related backend, frontend, or smart contracts on GitHub. Is this about some third-party API integration or maintenance? Maybe, but that doesn’t sound particularly convincing either.

Regardless of what’s actually happening behind the scenes, a simple announcement along the lines of “The bridge will be temporarily unavailable starting on [date]” would have been a much more user-friendly approach.

It would have given people a chance to plan accordingly and avoided a lot of unnecessary frustration and questions.

But apparently, that’s too much to ask.

You’re all about the community, right?

One day, your funds are yours. The next day, you are bridging them and they’re effectively frozen until someone decides otherwise.

Sounds a bit like Tether, doesn’t it?

But hey, there’s no surveillance or centralized control here. Right? Right?..

And even if there genuinely is some complicated technical maintenance going on, TEN DAYS?

Is this seriously the kind of technology that’s supposed to compete with top-100 crypto projects, or even come anywhere close?

I’ve never seen a blockchain bridge take 10 days to process a transaction. LOL.

At this point, carrier pigeons would probably be faster than this top tech.

Thanks for coming to my TED Talk.

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P.S. Honestly, I couldn’t give a fuck what kind of maneuvering is going on or what measures are being taken, as long as it doesn’t affect my coins or negatively impact the project.

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No offense to Okz and I’ll leave it anyway feels like no one noticed Honestly I don’t think so, just rofl :rofl:
Washing out paper hands and take more to diamond hands is appreciated 4 sure

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they said they think they got overcharged on the api plan, and naveen said yesterday it should go back live in a few days, also okz was arbitraging

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Yeah @Okz would never dump on us. He was just trying to arbitrage and make some cash to buy more XTM.

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okok but overall experience when your coins get stuck for 10 days is fcking bad

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I actually respect the vigilance, genuinely. But try reaching out to me first before making public accusations.

read … Okan Saglam on X: "Today absolutely reassured me of my $XTM conviction. Firstly, credit to the community members who stay vigilant and keep an eye on things. Genuinely reassuring to see people being this nosey 😅 Now, on to it. I bought $WXTM a couple weeks back, simply because it's easier to gra… / X

PS: I’ve got no reason to hide my wallet, and I genuinely like my ENS :grinning_face_with_smiling_eyes:

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The bridge maintenance was unplanned, not planned. If this was planned maintenance, we would have given a good time warning and the exact time periods it was going to be down. This was unplanned maintenance; we dit not plan to do it. Our hands were forced by the api limits.

Then you talk about manual approvals; those are set only for high-value transactions as a safety limit. Naveen talked about this, the most hacked crypto software are bridges. We take safety very seriously, and so far we have not had an incident. We would rather be over cautious than lose people’s funds.

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The bridge is back up!

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tks 4 z answers its ok now

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cant figure out how to delete the topic lulz

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I’m not very sure this is the real issue with the bridge. I bought some XTM a long time ago and looks like I’m lucky I didn’t bridge it to wXTM because as far as I can tell, there is no way to bridge it back to the privacy coin. I have plenty of wXTM. Was buying it at .0003. Which was amazing after buying XTM at 5 cents. Thing is, the stuff is like, completely easy to get, unlike XTM which is very very difficult to get. Especially now that TradeOgre is gone.

So in my opinion the real issue with this bridge is that it’s one way. Can’t be run in reverse.

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The bridge is two-way. You can bridge back to XTM in Universe. There are daily global limits, so if it is declined one day, try the next.