# <center>UPDATE</center>
<center>**Seems like Poloniex indeed have access to their wallet. https://steemit.com/poloniex/@sc-steemit/poloniex-still-has-access-to-their-cold-wallet-get-your-assets-while-you-can**</center>

https://steemitimages.com/0x0/https://steemitimages.com/DQmNQeQjm3jruYmeF1RqKDuGQPzKsE47UjpenUUVVPdT7xR/imge.png

# Transparance of the BitShares
The greatness of the BitShares DEX is that it's fully transparent. You can easily look up how much a user owns and what their transaction history is. 

*There are ways to anonymize yourself sure, but that's a whole other story*

## The History
Yesterday @robrigo posted [[WARNING] Poloniex BTS Hot Wallet is empty; Do they have the keys to their cold storage?](https://steemit.com/bitshares/@robrigo/warning-poloniex-bts-hot-wallet-is-empty-do-they-have-the-keys-to-their-cold-storage), where he writes about how Poloniex has 290 million BTS in their account poloniexcoldstorage. Yet they have not transferred anything from this account in 10 months!

### Easily seen on CryptoFresh
- [Poloniex Hot Wallet Assets on CryptoFresh](http://cryptofresh.com/u/poloniexwallet)
- [Poloniex Cold Storage Assets on CryptoFresh](http://cryptofresh.com/u/poloniexcoldstorage)

Current asset in Hot Wallet = 5.57 BTS. Current asset in Cold Storage = 290,001,203 BTS 

This is quite alarming as they are now putting signs up on their webpage that their BTS wallet is *under maintenance*
https://steemitimages.com/DQmdADaYgr6GW9u6cBZpmazGHZ1uv1UZ5RzQsuAfUmTShZz/Polo_BTS_Main.PNG

This makes me question all the previous alerts of STEEM and Steem Dollars that's been under maintenance recently to. Have they really lost their wallet keys?

## Not a Solution, but a way to find out

@cm-steem [just created an asset on BitShares called **POLOLOSTKEYS**](https://steemit.com/bitshares/@cm-steem/uia-pololostkeys-created-to-audit-poloniex-s-bitshares-cold-storage).

By making a small proposal transaction from their account to yourself we can know when and if they have access to their account again. If they are smart they will accept all these proposed transactions and prove that they are indeed in control of their wallets. If they are not, well then we can know for sure that they have lost their access. 

The transaction doesn't cost you anything since it's only a proposal, and it's their end that will pay for the fees when they approve it. The proposal is only valid for 24 hours, but you can do this as many times as you wish :)

**Want some POLOLOSTKEYS tokens? Just paste your BitShares handle in the comments section and I'll transfer them**

### The Steps

### 1. Go to SEND in your BitShares wallet
https://steemitimages.com/DQmbFVfZTYHrMUXwqKfxbAMsNu5zZBYdLLnWqUvHZpnB3T5/BitShares_PoloLostKeys_SelSend.PNG

### 2. Fill in the Transaction form with **poloniexcoldstorage** as sender and press propose. Select the **POLOLOSTKEYS** tokens.
https://steemitimages.com/DQmd5Kp5nE4G5fa9js8i4nMreX9MXvW8Yzq6kCbM73mKKRj/BitShares_Propose_1.PNG

### 3. Sign the transaction
https://steemitimages.com/DQmdidqZxKBXUsbBPcLWsRwgXE6bGAgM9nqEACKFf9GrC41/BitShares_Propose_2.PNG

# <center>4. Wait for them to make everyone know :)</center>

# <center>Vote for me as Witness</center>
<div class=pull-left>https://steemitimages.com/0x0/https://steemitimages.com/0x0/http://orig05.deviantart.net/0f00/f/2012/097/5/7/eye_witness_by_0x4fffwhite-d4vclzf.png</div>

Enjoying what I do and contribute to the community, please vote for me as a Witness or a [Steemit Proxy Voter](https://steemit.com/witness-category/@sc-steemit/the-difference-of-votes-and-witness-votes-don-t-waste-your-witness-votes-on-dead-witnesses).

By voting for me as a witness, you will support an active witness on Steem and BitShares. I believe a witness should keep up-to-date on current happenings and be a conduit between the many users and the system.

**Read my Witness Posts:** [BitShares](https://steemit.com/bitshares/@sc-steemit/joining-in-as-bitshares-witness), [Steemit](https://steemit.com/witness/@sc-steemit/intent-to-become-a-witness-of-steemit)

**Support my Projects:** [Project Minnow Witness](https://steemit.com/minnowwitness/@sc-steemit/starting-up-project-minnow-witness-current-report-end-of-july), [Gridcoinstats.eu](https://www.gridcoinstats.eu), [Crypto.fans](https://www.crypto.fans)

<center>

Steemit: sc-steemit <a href='https://steemit.com/~witnesses'><img src='https://steemitimages.com/DQmNMUctDGwFLodWPEhtsNNqX49czWPTPffReVEeWcHRwmt/vote_witness_scsteemit.PNG'></a><br />BitShares: sc-ol <a href='http://cryptofresh.com/u/sc-ol'><img src='https://steemitimages.com/DQmZu3oUhQRQUN6VsFMuWeyPHW8Dd5es49ZCLyvdXM9jLmq/vote_witness_scol_white_2.PNG'></a><br /><h4>**Proud Supporter of the <a href='http://www.gridcoin.us'>Cryptocurrency Gridcoin</a>**</h4>

</center>