Latest posts of: Mooncoin

MOON

This ANN thread was started by Mooncoin_Foundation on Dec, 30, 2016,
following the consensus of the community.
Mooncoin_Foundation is not a company, and doesn't admin Mooncoin.

This thread is no longer in use.
The active Mooncoin ANN thread is
https://bitcointalk.org/index.php?topic=5351789

Mooncoin was launched in Dec, 2013
and completely abandoned by original devs in 2014.

Mooncoin holders saved the project
and made it a successful decentralised project.

Unique vision, friendly spirit and our own inventions (SmartLikes, MoonWord)
were added to the project.

Miners and investors kept blockchain up and running during years,
without any central authority.

The project never used a model of paid voting
(unlike when people, including those who never knew about the project before,
receive money to agree with given proposals),
and there never were instructions on how to develop,
not supported/initiated by holders of majority of coins
with the additional condition that no one minded in public
against initiatives and developments. It worked in 2016-2017.

There were tech issues, however, even Bitcoin had issues.

The project with no-center model, without self promoting of devs
(only tech devs who compiled binaries at Github had been ever asked
to provide contact details to ensure that there is no backdoor in exe files),
also with interesting vision and ideas and great atmosphere
was highly estimated by crypto market.

As a result, in 2017 Mooncoin was in top 100 at Coinmarketcap.

The project which became known (Forbes wrote about Mooncoin in 2017),
with high value and with no center attracted attention of people
who tried to become its center.
The project was open for everyone and new people were welcome
however, many supporters didn't agree with their vision.

Since 2018, after those people came, progress had stopped,
politics and toxic spirit had been started,
there were attempts to falsely discredit historical supporters in public
and to seize full control on the project.
As a result, the market cap of Mooncoin declined dramatically
destroying hopes of many followers.

In 2018-2020, initiatives of Mooncoin holders were blocked,
were artificially and falsely discredited.

Initiatives were to fix discovered security issues,
to add interesting ideas after several years of imposed stagnation,
with engineering by an independent dev and crypto expert,
Peter Bushnell, Feathercoin founder and one of Bitcoin devs.

Unknowing people from DOGE and RDD communities supported
people who were saying they're official.
We didn't have all information at the moment,
to prove that public accusations were false
and there was nothing dishonest behind launch of 0.18
(engineered by Peter Bushnell at github.com/mooncoincommunity),
also to avoid split of chain and community,
which occured after their 0.17 version was released shortly after 0.18,
to avoid all mess and toxic spirit we had to accept 0.17.
That turned out that 0.18 had several issues, however, they could be fixed.

Unfortunately, many people still don't realize that decentralised only Mooncoin,
with no-center model, similar to Bitcoin, has real value,
that over long term no one is interested in a company-like coin.
Mooncoin is not ICO and not a DeFi token.
There is no self promoting and deciding things center,
no matter how you call this center: "miners", "community", "team", '"group".

Why not "community"? Because it could be limited part of real community,
or even irrelevant people, engaged to look like the community.
Why not "miners"? If regular hashrate is not large, even one person can set up
many nodes temporarily, and generate hashrate
to make it look like miners decided.
The centralised model is not Bitcoin like, and there is no true value in this case.

We invite crypto community, crypto devs and all people
who care about decentralisation
to come and defend our project, which is one of the oldest classic crypto coins.

About the 62B MOON case, Vassilis, a dev from Greece,
who unexpectedly received 62B in 2018 to his address,
very likely from defuncted exchange admins,
after long silence posted a public message in 2021, also was communicating to
other people (J.B and actarus) through e-mail and he stated the following:

1. He was in full control of private keys of his address,
which was his personal address for donations,
other investors never had any control on his address or on him
(unlike what some people were actively saying in public during years).
2. Shortly after receiving coins in 2018 he reported unjust enrichment
to Greek and European authorities.
3. Though coins were sent to his address for donations, he considered them
as seized property not belonging to him,
(rightful owners, including historical supporters, mostly agreed
to burn their coins for the sake of project and community).
4. Legal papers confirming the origin of coins are needed
to proceed with these coins in a legitimate way.

In 2016 the Court Receiver said in his official report
that only about 8B were sent to him,
and asked exchange admins and all relevant people to lock remaining funds,
the community tried to lock coins in 2017,
however, later it turned out that there is no known proof yet
which could be seen as a 100% proof about the origin of coins
for legal purposes, according to requirements of law.

Unluckily Vassilis didn't communicate with the community during years,
however, he saved coins, never dumped even one of them,
even taking into account that their price was much higher in 2018.
We can see that the problem is quite complex and waits for legitimate solutions.

The true history of Mooncoin development, the truth about events of 2020:
https://bitcointalk.org/index.php?topic=1733963.msg54113024#msg54113024
https://bitcointalk.org/index.php?topic=1733963.msg53974582#msg53974582

Quote from: mebagger2 on March 06, 2020, 06:34:14 AM

This is an outright lie. Nuff said.

Quote from: ChekaZ on March 05, 2020, 11:59:56 AM

Also the addresses & code got sent to Mebagger, he reviewed it before the code was published & didnt have any comments on the blocked tx'es/addresses.

Here is a screenshot, provided later by ChekaZ, which indicates the truth:

Here is another screenshot, showing how a 51% attack was organized
(see the hashrate spike to 1.09 THs on March, 1 at mebagger's pool)
to impose their 0.17 version.
When released by mebagger2, after 0.18, the 0.17 made an instant chain split.
The 0.17 wallet fixed security issues, but removed all protection (though not ideal one)
against move of stolen funds, the 0.17 didn't implement any planned hard fork block,
unlike the 0.18, which tried (with the planned hard fork block height)
to set security improvements in stone and to prevent attempts of rewriting blockchain history:

What people say:

Peter Bushnell, Feathercoin Founder, an engineer of 0.18 wallet

Quote from: bushstar on February 21, 2020, 09:58:59 AM

The only concern is if someone tries to spend the 62B stolen coins, moving these funds on 0.18 is now blocked on a consensus level, 0.13 only protected the mempool which is why they moved and 0.17 has no protection against this at all. A new 0.17 version should also block spending of those stolen funds on a consensus level, I can send create the pull request on their 0.17 repo to add this feature.

I've also recommended to to Chekaz that historical validation be restored in the 0.18 release once validation has been restored, then 0.18 will be a fully validating release as it should be, this could not be done from the outset or consensus would break at some point as demonstrated by 0.17.

agswinner, the largest Mooncoin investor

Quote from: agswinner on February 20, 2021, 06:27:30 PM

I will limit myself to saying that given the lack of team.eco activity to which we entrusted the github pasw (mooncoicore)we hired independent devs Chechaz founder of Trezarcoin and Coinkit.de and Peter Bushnell founder of Feathercoin and bitcoin core dev for the development of the client v0.18 in order to guarantee greater security with also the implementation of Smart Likes and MoonWord. In the name of consensus the old group has been covered with false accusations, with pressure from other communities as well, such as dogecoin Reddcoin and Vertcoin. Therefore we have agreed together to avoid splitting the blockchain to continue with V 0.17

Luigi (actarus), scientist and Mooncoin investor

Quote from: actarus on February 26, 2020, 05:49:25 PM

MF and agswinner, but also many others here, have dedicated time and personal funds to the Mooncoin project, and have naturally formed a group. What then this group is called MF or anything else does not matter.

This group has always been active and present here on the bitcoin talk forum, despite positive and also very negative periods, but always focused on the Mooncoin project. After various vicissitudes, which saw several actors alternate here on the scene, the so-called group Mooncoin Core or Mooncoin Reborn arrived - suddenly from nowhere. He snubbed this historic forum and formed a telegram group...

Well, apart from the disgust, which is why I decided to leave the telegram group for a more transparent and less rude environment, I would like to tell you that this is not the right spirit to collaborate

midmir, historical Mooncoin supporter

Quote from: midmir on August 05, 2017, 10:11:01 PM

Mooncoin_Foundation said it more than clear above: "However, if people just discuss the future of MOON and say about the importance of decentralisation, it's not pure fighting,
it's an important topic and the future of Mooncoin (and its price) will depend on how well the community understands the idea. "

We do not need any corporate entity behind and any VC money.
There are other types of projects which go this way.
You can consider those as private cryptocurrencies, not much different from the fiat.
Mooncoin simply is not one of them.
Same as crypto world don't have only POW consensus algo but also POS, dPOW etc.

You do not need to form vertical (pyramidal) structures
in order to help Mooncoin further grow and development.
We don't need titles, we need good consensus and flat, decentralized structure.