I originally gave it a shot, but quickly lost interest after I personally experienced how untrustworthy the lead developer is. Solidcoin 2 is an abomination. I hope that it just dies out quickly and silently.

This can't be right. This idea is too fucking retarded, even for RealSolid.

Edit: Nevermind, it is real. SolidCoin is such a fucking joke.

This software is awfully buggy for something that is supposedly "ready for (the) Bitcoin collapse".

Have an extra .5 BTC for cleverly adding a cleaver!

I have a minor modification request. Please add a cleaver caption so that people will know what this picture is about.

1 BTC being sent to 1AeW7QK59HvEJwiyMztFH1ubWPSLLKx5ym!

I will pay 1 BTC to anyone who can give me a drawing of this.

For reference, here is the last piece of art I had commissioned:
NeedyPoo's amazing rendition of RealSolid (NSFW)

Nothing being revealed during your tiny beta means very little. If I had found a vulnerability during the beta period, I wouldn't tell anyone. I'd wait until after adoption of the full release, and then I would relieve you of the burden of having to divvy out that premined fortune you have.

I suggest "Solidcoin v3.0" as the name for the project.

Is this project continuing, or is it dead in the water?

This is an interesting idea, but ultimately flawed. It destroys the use of Solidcoin for small transactions. The same goes for a fixed rate transaction fee. These do not work in a deflationary environment. RealSolid claims that the fixed transaction is "floating", but this is a blatant lie. The fee is hard coded in the source. Another big problem is that there is no way to ensure that the tax will be used towards the interests of the users. RealSolid might just decide he wants to take the whole pie one day. The very aspect of a tax that goes to a specific set of individuals completely defeats the decentralized nature of the currency.


RealSolid has repeatedly demonstrated that he is not skilled at all. His first few releases were virtually untested and bug ridden. He implements large changes without serious thought or a test phase. He takes shortcuts in his code, and lies about its shortcomings. Solidcoin cannot be taken seriously with this kind of leadership.


I believe that he has some interest of the users at heart, but I question how genuine it is, and how he will go about it. He also does not have the social skills required to get people behind him.

RealSolid is an egotistical and emotionally driven person. His sense of judgement and morals goes out the window when he is challenged. It is well known that I have been rude and critical to him both in the IRC channel, and the forum. I created the first SolidcoinFaucet. I was refused the bounty for the first faucet, and he never updated the website; instead he allowed other users to create faucets thinking they would be first and eligible for the bounty. RealSolid started stating that the shutdown of v1.04 was optional when I began questioning it. I stated in the forum that I wanted to opt to continue development of the old client, and asked that he release the source without any of his "special" license provisions. My post was promptly deleted, and my account banned.

Solidcoin v2.0 will be heavily premined, and will have a tax. If Solidcoin somehow really took off, I would not trust RealSolid to keep his hand out of the cookie jar.

Quit with this "voluntary" bullshit. No where in the shutdown post did it say it was voluntary. I asked on the Solidcoin forum for the v1.04 source to be released without license restriction, and my post was promptly deleted and my account banned.

Aren't all Bitcoin address types case sensitive?

Damn, it's based off Solidcoin again.

Is this based off the Solidcoin source, or the Bitcoin source? I highly suggest using the Bitcoin source. You don't want to get caught up with RealSolid's bullshit license additions. Also, 0.3.25 is beta. If you want to be taken seriously, stick with the stable version.

The way RealSolid rapidly releases bug ridden garbage is shameful. I would never trust my money to unreliable crapware. Let's not repeat this idiot's mistakes.

Nice. Is this based of Bitcoin 0.3.24?

5Gh/s is a start, but it really needs to go back over 100GH/s to be taken even slightly seriously. To get that kind of support, we cannot rely on the old v1.04 client. I asked for the v1.04 source to be released without the special license provisions, and my Solidcoin forum account was banned. I am still in favor of forking the original Bitcoin source again, and just continuing the Solidcoin chain, and calling it Solidcoin v3.0.

The Bitcoin source is all that is tried and true, so I say we just stick hard to that. No unsafe freestyle coding like that idiot RealSolid is doing. He just makes shit up as he goes without really thinking about it. To make things worse, he talks about ways he has solved certain problems, but then you check the source code and realize he lied about the whole thing.

You can solo mine just as well since the Gh/s is so low. You will get a couple blocks a day. Personally, I've stopped mining Solicoin completely. In a couple weeks, if the difficulty is low enough, I might go back to it.

Well that explains why I only found 1 whole block today. I'll go back to mining it in a couple weeks.

Let's fork Bitcoin again and base it off the old Solidcoin block chain. Fuck it, why not? SC2.0 copies the coins from the old block chain. It doesn't move them. Everyone who decides to use both will now have 2x the coins. Infact, let's just call it Solidcoin 3.0. Not having that idiot RealSolid involved is a clear upgrade.

RealSolid (aka CoinHunter) has started claiming that the migration to v2.0 is optional. In my last post on the Solidcoin forums I said I wanted to support the old blockchain. I asked for the v1.04 source to be released without any of the special license provisions that were added. My post was deleted and my account banned. I guess that's a no.

I agree that stability will only occur after more widespread acceptance. I believe a big part of this is to not only have vendors accept Bitcoin as payment, but to calculate the price in Bitcoin rather than USD->Bitcoin. Right now everything bought with Bitcoin is based on the rapidly fluctuating exchange rate.

I like the idea of securing a second wallet with Truecrypt. If I ever get enough coins to matter, I'm definitely doing this.

I don't see deflation as a bad thing. It will strengthen the currency against weakening fiat currencies over time. This provides a reason to buy into Bitcoin over other currencies; as a store of value. Those who hold Bitcoins will slowly gain more purchasing power over time. I do not see hoarding as a becoming a problem. After all, currency is useless if you never spend anything, so there is no reason to hoard forever. Healthy savings is beneficial. Look at the USA with our massive debt problems. On the other hand, China, has a super heated economy, and a huge savings rate.