If you’re a miner who uses ViaBTC.com (one of the largest Mining Pools in the world) to mine coins like Bitcoin, Litecoin, Ethereum, Dogecoin and others then you noticed their website will not load and the ViaBTC.com App cannot connect to anything. You might see something like this.
So what does this mean? Google Defines the error as “The DNS_PROBE_FINISHED_NXDOMAIN error typically appears in fine print under a message indicating that a website isn’t responding and can’t be loaded in your browser. This means that your browser failed to find the domain’s internet protocol (IP) in the Domain Name System (DNS).”
In other words, no one can connect to their website. If you cannot interact with your wallet or coins held on a third parties platform when this happens. It is believed that ViaBTC.com is ran buy a Chinese organization and this could be occurring because of recent laws that went into effect with the CCP. Whatever the reason though, it further demonstrates the inherent need to keep your coin in your possession where only you posses your keys and not in the hands of any third parties.
Have you been effected? Share your thoughts in the comments.
What is Sumcoin?
Sumcoin is a cryptographic blockchain and the worlds first cryptographic Index which uses a proof-of-work algorithm to unlock coins. Its maximum targeted processing time is only 3 mins with a maximum supply of only 100 M coins and is Segwit enabled.
What is the Sumcoin Index and how is the price of SUM determined?
• The Sumcoin Index
• Sumcoin, or the “SUM” of coins means that Sumcoin is price as it tracks all coins in near real time from over 4000 different data points. Sumcoin is continuously aggregating and finds what the current top 100 coins are by global market cap. The result is a “SUM” price is using these algorithms.
Why use Sumcoin?
• Given the speed, security and simplicity being able to hold the “SUM” of the market in only one coin, Sumcoin is for those who want to gain maximum exposure to the crypto space but may only want to hold one coin for simplicity, which can have an effect of reduced risk factors. As the value is spread across 100 coins, there is a great reduction of volatility to Sumcoin vs any other coin.
• Sumcoin Mobile on Slice Wallet.
* Your download/purchase of Slice Wallet does not include any Sumcoins. Slice Wallet is like it sounds, a Wallet. It allows you to store and use your Sumcoins in a safe and easy way.
• Slice Wallet is the first standalone Sumcoin Wallet built for iOS and Android with a focus on accessibility, security and simplicity. Slice Wallet makes getting started with Sumcoin easier than ever!
• There aren’t any hidden servers to backup or store your coins, you’re in control 100%.
• Backup and recover your wallet on any device with the ‘recovery phrase’ generated by the app. Even if you lose your phone you will not lose your Sumcoin.
• As long as you store the (12) generated words in order #1-#12, keep in a vault and NEVER share, you can have complete confidence in being your own bank.
• NEVER backup your recovery words using a camera/photo
• Send and receive Sumcoin at the touch of a button, anytime, anywhere and to anyone else using Slice Wallet.