Haha;) Oh there was another one as well that was quite awesome.

https://twitter.com/CryptoCayce/status/472940393365917696

Thanks! This could really help us. Thank you so much. Part of me wonders if they're tired of hearing from devs, and when we're sending them stuffs daily their brains default to '/ignore scam'. Consistent volume, after all, is far more valueable than huge volume from P&D followed by a huge plummet into nothingness.

There's a reason I keep LGC in my sig. There's some dedicated guys behind the logicoin.info and logicoin.adnim names. I hope they still know that if they need anything that I can help with, I'm a pm away.

They've had three of us banging on their door for the last week, not to mention members of the community helping as well. We're starting to wonder what the problem is. We've emailed them, gone through their coin submission form, tweeted at them, and chatted in their trollbox... all multiple times, and by different members of the team, and our volume was ~90 over the last couple of days, and has been reasonably high for over a week now.

We all want to know why polo doesn't have us listed yet.

I just realized we've gotten ourselves so wrapped up in the challenge we haven't been replying to questions!


Kinda. It could be, but it'd be centralized. Our goal is to avoid that for the main wallet. I don't want to give too much away about future developments, but given the nature of some of the things we have going in the development pipeline, and the amount of time that we've poured into the anon website, I do have to be honest and say that the anonymous wallet is a reasonable amount of time down the line and not something people should be watching out for in the near (1-2 weeks) future. With that said, some other incredible things are planned to take place. We're just not a one trick pony, so we're not going to spend all our time perfecting just one trick. We'll get there, I promise. But in the meantime, there's more to come:)


I kind quoted you earlier, but I never replied. I'm sorry. Thank you. Our whole team really appreciates your support. We're about as shocked as anyone that we all found eachother and our talents complement eachother's so well. You keep buying and holding, and we'll keep things interesting by doing cool things. Actually, we'll keep doing cool things anyway. But you probably already knew that;)


Thanks!

I know. I mean it's possible to do, when the guys started this challenge I wasn't around and I kind of warned them against it because I wasn't satisfied with the level of anonymity for a challenge like this. I can take an educated guess, based on having a working knowledge of how the code works. For the two times I took Cayce's challenge, I personally did manage to find it once. But the fact is, there's no way to be 100% sure. I'm just not happy with that though. For a challenge like this, I don't want people to be able to make a potentially legitimate guess at all.

I really think this about sums it up:

'android wallet'

quiet you. To some people, that is a bombshell.

Heh, I just realized, the warning message on http://anon.pinkcoin.info/beta isn't accurate about exchanges. That's fixed now. Just put your exchange wallet address in the failsafe 'Your PinkCoin Address' box and it'll work just fine.

In fact, 99.9% of the time, it works just fine. The only new issue we've found so far is that the thing doesn't like daisy chaining. So, for right now, you can't really do myaddress > anonsite > anonsite > toaddress

but we're working on that.

Seriously, we're trying to break it any way we can right now. Even when we do manage to make the thing hiccup - something that we've only managed to do right now when we try weird things - it still processes everyone's transactions just fine. If you're just putting the thing to normal use, say, sending 100,000 pinkcoins to yourself from bittrex, we can pretty much guarantee you'll have your coins within 5 minutes of confirming your withdrawal. We know, because we've tested it dozens of times. Just don't try the same thing with more than 500,000 coins, ok? It wont work, and your coins will just get sent back - semi-anonymously - to your failsafe address, and we're still testing failures like that so it could make the thing hiccup. So just don't do that.

Note, we're looking for his new wallet. Not the one he gives everyone pinkcoins from. That wallet is plastered all over the blockchain and isn't anonymous at all. Everyone that's gotten goins from him can figure out what that is, and it's even wrapped up in the anonymous transactions themselves because of how many coins we've all been blowing through sending eachother for so long.

The challenge is to find the address from his new wallet.

For what it's worth guys, Cayce is hosting a challenge on twitter: https://twitter.com/CryptoCayce/status/473146503746187265

He had to wait for his new 'find my address' wallet to finish downloading the blockchain, but his challenge is running now.

Alright, we've found a solution that will work for our hiccup. We've got our guy coding away on it right now.

It's killing us because it works. But all it takes is for someone to do precisely what we tell them not to do in big bold letters and suddenly we're coin thieves. I hate that it's all a puff of smoke as far as the community is concerned right now and maybe moreso I hate the time it's taken away from the other things we've had planned. But this is the beast we've taken on and we're going to deliver on it. Thankfully we're not just a one man band here, so there are other things being worked on alongside the anon coding efforts.

Stay tuned.

Alright, so here's the deal guys. We've had anon transactions all day. They work, we're happy with the results. It's gorgeous. Literally, 8 hours ago we were all having a bit of a party celebrating our success.

So what's the problem? Well, as it turns out, the return to sender feature that we created for if there is a problem is a way more annoying and disgusting hornets nest than we were anticipating. That's what we've been beating ourselves up about all day, not the anon problem. That's cake and done. For general use, it's not a problem. You send your coins, receiver gets their coins, no problem. But we built it with having a failsafe in mind. Things like making the addresses disposable use once addresses that expire an hour after they're created. Storing everything in memory, so the links between sender and receiver literally just disappear when the address expires. All that works. But if we can't just send your coins back to you if things go wrong, that's a problem.

Then there's the whole thing about exchanges, you can't return coins to an exchange if there's a problem. If you do, there's no way they can tell for sure that the coins that got sent back are the ones you withdrew, because as far as the blockchain is concerned, there's no connection.

So we're looking at other ways to securely manage the transaction without having to risk holding your coins if something goes wrong.

tl:dr - The beta anon site works great, we're just spending more time than we expected trying to idiot proof it.

*shrug* we're looking at having an update in an hour or two. Stay tuned.

Edit: It's good news.

You just said a mouthful.

Ok, here's what's going on. Instead of mining, like in pow, the coins in your wallet are used to 'stake' blocks instead. The more coins you have, and the older those coins are, the more 'weight' they have, which in pow terms, means the more coins you have and the longer you've had them, the higher your 'hashrate'.

When your coins actually mine a block, you mint a number of coins appropriate for the age of the coins that actually mined the block. So, if, hypothetically, your coins were a year old when they mined a block, the block would produce %1 of the coins, because the annual staking interest is 1%. If they were 6 months old, the block would produce .5%. And so on. The thing is, all your coins don't find blocks at the same time, only a portion do, and in order to reset their age, they are sent back to yourself with along with your new coins.

Coins minted through staking (and the coins that minted them) aren't available for use until after 510 confirmations. But here's the kicker. Your wallet needs to stay online, helping to confirm those 510 blocks, or you lose credit for minting the block, and the coins that were used to mine it are returned to you, with their original age intact, so they can help mine the next block.

It takes about 4 1/2 hours for 510 blocks to be minted, after that, they go from 'staking' to your available balance. Thing is, you probably minted more blocks in that 4 1/2 hours, and if you want your interest minted from those, you have to stay online until they're done. Thus there's a constant flow of coins going into staking, and a constant flow coming out of staking.

Oh GBCoin, i was there for that launch. Looked so promising. *shrug* Shame I haven't seen any recent updates.

I spent a some time going through the blockchain on that wallet a while back. Sold off half before we started work on the 'community semi-relaunch', as we were calling it at the time, since the original dev jumped on board with us once we got going with it. The rest were dumped when we were working on it with him before he disappeared. Not sure what the price was the first time, but the second time the price was in the 20-30 sats range. Really put a damper on everything and delayed our plans, and ultimately forced us to plan and implement a full relaunch.

The Blockchain explorer we have has a cool feature where you can see all the addresses that are likely part of the same wallet. It's supposedly experimental, but it seems to work pretty well. All the addresses linked to the instamine on our explorer are empty.

http://chainz.cryptoid.info/pc/wallet.dws?1.htm

So as far as I'm concerned, if the original dev does get any more coins from this point on, he bought them, same as everyone else, and either way, he still wouldn't get on the present dev team, though I do welcome him to rejoin the community. I don't want to exclude anyone.

It's the latest bandwagon for sure, emphasized by the fact that so few coins have manged to do it right. It's become something of a unicorn if you will, and almost a right of passage for those that dare to take it on. You're absolutely right about some of the shady things that go on. I've seen it too. There's a reason everyone wants trustless, and it's because in the altcoin community, you're best off not trusting anyone. Everyone's trying to make money. Even us.

All I can say is that for those of us involved in the development, this is a project that we've invested ourselves personally in. This is the platform we've set for ourselves to do something we love, do something good, and to make money doing it. I look at PinkCoin as my dream job right now. I can't tell you guys how lucky I feel that I've found such a great group of guys to work with. We've built trust among ourselves, and if one of us breaks that trust, the others will be just as devastated, if not more-so than you.

Moreover, one of our primary objectives is to reach outside the altcoin world, and make PinkCoin accessible and available to everyone. We need the support of the altcoin community right now to get PinkCoin off the ground, and so we're catering to what people here want. But ultimately, we care about the PinkCoin community as a whole, regardless of how they become a part of us.