We are very sad too and had a lot of various coins there that we will miss. Some of mine are still there also. You would think that he would not give up that easy. Like you said, get some security experts in to make sure it does not happen again and re-open with whatever is left.
I would also hope that he would publically announce which coin caused the security problem. Or at the very least let us know which coins he had just uploaded that caused issues. That way other exchanges would not be hacked in the same manner.
+1! |
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Thanks for the tip! I will notify them and see if we can get them involved.  |
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I will add it |
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I am not sure about even the word foundation, it looks more like a Corporation everyday and is heavily linked to monetary investment. The community as a whole, as in everyone on the planet, should be able to not only freely voice their opinion on any coin, even Bitcoin SHA256, not have their constructive posts either deleted without a thought or even to the extreme of bans; those kind of actions are the main reason we don't trust our own governments. What we cannot do is decide on if a Crypto-Currency can me made, anyone can now make a coin and nobody should or be able to stop them, however it depends on the situation and Bitcoin Scrypt is a good example. I knew that when I released Bitcoin Scrypt that the negativity for it would be overwhelming, it got so bad that any post regarding Bitcoin Scrypt got banned on this forum but after adult discussions were made, it was officially unbanned and can now be freely spoken about. Bitcoin Scrypt has a huge following, the financial backing from not just myself but investors from Russia and China, it's global hash hovers around 1 billion, it has a new client release coming out making it easier to mine, the Dev team is actually the whole community, not an actual team or person. BTCS core principles are for it to always remain decentralized and in the hands of the people and not being manipulated by corporations, money and greed. This is the big point that needs to be addressed: Website Currency Equality, some example: http://www.coindesk.com -It has the sub heading "The Voice of Digital Currency" so this should be a great website to find out about ALL digital currencies or at least digital currencies that show some innovation or might be of interest to the public? Try and find one single article about Bitcoin Scrypt, if anyone can find a post on that website that mentions "Bitcoin Scrypt" which is referencing the Crypto-Currency directly then I will send the first user to PM me the link for the post 100 BTCS, it would take a long time to mine that many at the current difficulty of 132. On the same website hover over the NEWS menu link, notice that its says Altcoins, Litecoin, Dogecoin. What does that mean? So suddenly Litecoin and Dogecoin are no longer Alternative Currencies? This brings up the most important question of all, what is an Alternative Currency? One meaning of the word Alternative - "(of one or more things) available as another possibility or choice" Choice being the word many community members are concerned about and the whole reason I created Bitcoin Scrypt in the first place, to give the community another choice when it comes to Bitcoin. Bitcoin is the item, the substance, the recipe - Bitcoin SHA256 and Bitcoin Scrypt are just two different brands, just like Pepsi and Coke, OSX and Linux, if you go back in history long enough all these things will have come from the same thing. This is just one example, of one website deciding for itself which Crypto-Currencies should be popular and which should not, to increase popularity of something, the knowledge of that something existing needs to be shared and this sharing of knowledge is one of the main problems holding many fantastic innovations back. The above is my opinion and this post can be treated only as such. Thanks for your lengthy post, but I'm afraid people will not read it whilst it is very interesting. From this I get a couple of important principles: - Freedom of speech (no censorship) - Community-driven like Bitcoin - Altcoin is maybe a temporary name (might become just currency) - Current platforms should have less power. |
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Great idea! Obfuscode.net's team will gladly support you! We're in ingoing contact with jonesd and will always provide a fast, stable and reliable pool for the 'revived' coins! The entire development-team will help out where possible! +1 ! Great to have your team on board! |
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After all the fuzz about people/services jumping off FRY I had the feeling to tell you that we're not planing on dropping Fry any time soon  We're not only futurama fans but also we'd like you to SHUT UP AND TAKE MY FRYCOINS! Thanks for the support guys! Lost a lot of coins with CryptoKK. What do I do? Give up? NO! I'll just keep mining. @Frycoin: To the moon, please!  |
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I would suggest voltcoin.
I think that one still has a dedicated dev, right? |
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Count me in to help out on the Technical board Thanks man! I will add you to the OP! |
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It is pretty clear that I've struck on a sentiment here The poll came up with these results: Do you think we need an independent foundation for this? Yes - 25 (71.4%) No - 4 (11.4%) Maybe - 6 (17.1%) Total Voters: 35 New coin to revive the market?I also posted this in another part of the forum ( https://bitcointalk.org/index.php?topic=576602.new#new) and got the response that it would be better to use a combined effort to create a new coin with the best of all coins. As we've seen, the only way to succeed is to have a coin that continually updates (to counter SSL heartbleed and KGW leak for example), is asicproof and does not have one central owner. The Coin Revival foundation will revive the coin market in general by having a reliable altcoin that is run by several people and is controlled by the people. Maybe we could use this topic to start to get the best kinds of people together and create something truly great! Old coinsNext to this, we could use the knowledge of the foundation to select certain coins to fix them and patch them up. These coins should be chosen by the community and an independent team should continue with the coin further on. I will create a new poll, so we can see if we should have a foundation that solely focuses on repairing altcoins, create one innovative coin or both. |
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This is a great idea.
I will help to revive the forgotten "real" Communitycoin as I don't think many are aware that the current one getting attention is not the original one (Did the Dev's ever mention this?) which is not very fair on the original Communitycoin miners who invested their time and money on it.
I have no interest in the original or the rebooted version, my interest in only in Crypto-Currencies being fair and honest, which includes what I created and might in the distant future depending on how certain trends play out.
No currency should be remade with a new blockchain, they should only be revived and updated, that way miners of older coins who might have quite a few stuffed away in an old wallet somewhere lose out.
No one would reboot for instance, Liquidcoin with a fresh blockchain, how unfair would that be, it would just need to be revived and the code updated so it didn't have a fixed difficulty.
Sometimes people involved with Cryptographic's tend to stay out of the limelight for various reasons for a very long time but quietly listening, learning the trends and following the outcomes.
These kind of strange things make it hard to support a coin. I really like the idea of getting some talented people together and create a new stronger coin. This topic is faster developing here: https://bitcointalk.org/index.php?topic=576714.new#newWould be great if you could join us in that thread! |
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The idea is great! Forum bookmarked  The only thing is, that 66coin hasn't a lazy devs!  I will see that as a +1 for 66. Their new dev posted on this topic, so maybe efforts can be combined |
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My opinion: Your effort and concern is genuine, but i dont find sense into reviving scam/abandoned/outdated altcoins other than some financial gain, which is clearly against the spirit you propose.
If you gather that kind of people, you will do a lot more joining and supporting existing coins with special atributes and an established base that maybe is just lacking a bit of new blood.
I mean, let the natural selection select...
My 2 litoshis,
I agree with this sentiment. The main purpose is financial gain (not saying that's "wrong") which kinda is pointless. Why not just take the hit of the loss and use the experience to make a better judgment on the next coin? The purpose of the foundation would not be financial gain, but to strengthen altcoins in general. Coins are made to be decentralized, but with closed off development accounts to further the coin, the community needs control and ownership of the code. If you strengthen too many coins that pretty much have nothing particularly unique to them doesn't it just dilute the effort? Why not use the community you gather to develop a coin that is already strong and make it stronger? You say that this isn't about money, but in your first post you talk about people who are left as bagholders (both with mining and buying from exchanges); this implicitly holds that the purpose of this is to further the financial strength of those coins so that they are no longer left as bagholders. In other words, financial "gain" for the holders of those coins. Don't get me wrong, I think it's a nice sentiment, but I think those efforts could be put to better use. If a coin is "dying" there may be reasons for it, even if they have a "solid" foundation. Financial gain is kinda hard to ignore in this case, since we're talking about money. Using the coin as a way to start a new coin is not such a bad idea, actually! In that case we could use different kinds of expertises to create the best coin possible, without having a premine or a single person that controls everything. |
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I am very sad, not so much about my coins (and I had a bunch on there) but for the loss of a wonderful and friendly exchange that was growing and evolving very well.
I watched the development from the beginning and can only imagine the many many hours put into it's development and it was indeed a valuable and awesome service to many alt coins. It truly was a work of passion with the absolute best of intentions. I can only imagine how it would have grown in the coming weeks and months, if there is any way to revive it, I for one would be willing to give it a go. Have you considered anything like a stock offering to fund the various operation costs, the site was just getting some legs under it and had a very bright future it seemed to me. In any case I pardon my loss of coins and can only hope at some time in the future this site and services are revived somehow.
I have the same feeling. It all seemed very friendly and I understand the security risks of running an exchange. He could salvage it by having shares, indeed and hire a security expert to prevent something like that from happening in the future. My coins are still there in his wallet, so it's really frustrating for me. I have also mined for months to get a decent amount of Frycoin and now this guy feels it's his property for some reason.  You can trace my coins here: http://cryptexplorer.com/address/FPzuZTnpKRgozoC6LoxnE6m3EavfdxTTdR |
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Thanks for spreading the word |
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Thanks for the update! |
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I'm only out about 75,000 FRY. But still if he takes the money and runs, that is so wrong...
It is, right?! The only place he can sell it right now is C-Cex, so we'll see what happens there. |
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+1 to Q2C, This coin is totally underestimated. It need dev and support. This coin have a great community!
I will add it |
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I believe this is the best way to strengthen the community and counter the speculative whales. We can select the best coins and work together to let them grow!  Exactly! Would you like to contribute to it? |
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GPUcoin
That one still has an active def or did he bounce? |
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