Author Topic: I get this error "Failed to broadcast the transaction: Assert Exception: "  (Read 124 times)

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Offline excell831

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Hello and thanks for anyone in advance who can help me out with this problem.
When attempting to borrow bitGold into existence, I get the error message "Failed to broadcast the transaction:
Assert Exception: !_bitasset_data->has_settlement():"
Does anyone know why I get this message?
« Last Edit: May 08, 2018, 11:14:51 pm by excell831 »

Offline Bangzi

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Please try different nodes.
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My Blog: https://steemit.com/@bangzi

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You can't currently borrow bitGOLD because it has seen a black swan during the recent drop of BTS.
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Offline excell831

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Does this mean holders of bitGold had their bitGold converted to BTS forcefully?

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Does this mean holders of bitGold had their bitGold converted to BTS forcefully?

No, the bitGOLD still exists, only it isn't pegged to actual gold anymore. It can be exchanged (i. e. settled immediately) for 4,753 BTS per GOLD, until the BTS price recovers sufficiently.
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Offline excell831

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So the settlement option means bitGold holders did not lose any money correct? And when do you think I will be able to borrow bitGold again?