Are you sure it's a positive news? Some shady unknown exchange without any background comes out of nowhere and lists Mooncoin. What could go wrong?

Mooncoin Folgory exchange wallet is back online  

https://folgory.com/

hmm ... this is actually quite unstable. for every 100,000 blocks processed the reward will be reduced and I don't like this. Our profits will be greatly reduced or sometimes we will go bankrupt. Actually your idea is quite good but it only applies to famous coins and wishing to buy it a lot. But moon coin really does not have a good community and very few people know about it. the liquidity is very low and you also reduce the reward per 100000 blocks, this is not an attractive deal for me. Hope you read it and understand my advice.

Mooncoin mobile app Android is online on Google Play Store

https://play.google.com/store/apps/details?id=com.moonypool.moonwallet

https://miningpoolstats.stream/mooncoin
Mining pool stats
Mining-dutch.nl, hash-to-coins are on 0.17.1 and mine,
Prohashing, Aikapool, Zergpool are on 0.17.1 and don't mine currently.

I received this note, if it matters.

“ Hi there,

My name is Vadim (@zolotokrylin) and I am the CEO and co-founder of @holdexHQ.

A little background on Holdex: since our launch last year, our community of crypto-enthusiasts has grown to 300,000+ users. We have built the first user acquisition network for crypto-businesses, after discovering that many crypto-projects, including wallets such as yours, found acquiring real crypto-users time-consuming and expensive.

In the spirit of helping businesses such as yours to grow their user base, we have released the Holdex Marketplace, where you can list your crypto-project for free. From there you will be showcased to our community and benefit from a number of tools and ways to leverage it.

As our aim is to have the best Crypto-businesses in our Marketplace, we would like to invite you to list on Holdex at your earliest convenience.

What do you say?”

After  the entire situation was reviewed and discussed with community members, devs and independent experts, the conclusion is that the only way for Mooncoin now is update to 0.17.

When 0.18 update was announced and released, there was no certainty about what 0.17 release will contain and will it be secure or not. There was no information that there would be separate chains after the release of 0.18 and 0.17.
Moreover, MooncoinCore devs now confirmed that they are active and really want to continue Mooncoin development, what is also important they took responsibility for the 0.17 code and published it at https://github.com/mooncoincore/wallet/releases.
It took almost 2 years comparing to about 2 days (barrysty1e), however it gives hope that the release was prepared carefully. No one yet said that 0.17 release was insecure.
Why not use 0.18.1? It is not compatible with 0.17, which  was released after 0.18.1
0.18.1 was released when there was lack of information and it was necessary to fix the security issue ASAP.

0.17 and 0.18 have different consensus agreements implemented, 0.17 overtook the 0.13.9 & 0.18.1 chainwork so that 0.13.9 now follows 0.17. It is easier for everyone to update to 0.17 and unify the chains that way.


After that the 0.18 wallet can be developed to be compatible with 0.17 and to be an optional wallet. The community will have to come to the consensus what should be in next versions of Mooncoin, and looks like everyone agrees that there must not be different directions of development, different wallets must remain  on one chain, with the same consensus rules, or it would be just chaos.

How to update? First, as usually, you save your wallet.dat file offline.
If you know how it works, you can also export your private keys and keep them in a safe place, offline.
Then you run 0.17 version from https://github.com/mooncoincore/wallet/releases.
Please don't use 0.18.1 wallet any longer! It has to be developed first, to be compatible with 0.17.
Please don't move coins until we are on one chain again, or it can lead to losses.

There are different chains now, and any delay with update to 0.17 would lead to additional losses.
There were no big movements of coins after the block 1'801'000 and Altilly, a primary exchange for Mooncoin keeps the wallet in maintenance with deposits and withdrawals disabled.
To miners of 0.18:  please report your losses of MOON related to the update from 0.18 to 0.17, how many MOON you lost and your Mooncoin address for compensation, please report it to agswinner or to me.

Newbie at the bitcoin talk forum? But She’s not an impostor, I got to know her in the telegram lion arena. You told me you were here from the first page of the old MOON forum. I assume that’s Markus' or Mr Palmer’s account instead. We know that Doge is our sister/brother, born as copy and paste of Titan’s Luckycoin, our previous dev/consultant. I want to remind  that are part of MF those who hold more than 1b here. In renewing my esteem and all my trust in MF, he will be able to clarify your comments on time. As an investor, not nice to see groups or teams fighting, censoring and mocking for a bad English. In any case we go ahead, we are human, we can also go wrong, I vote for the proposal of MICHI for a release of the v 0.18.5. (my vote = 1). About the v 0.17 experienced technicians told that it was full of bugs. Here we ask for two years security, Mword and SL, exchanges, mobile wallet. They said “soon”, but does “soon” mean two years in English? I can only say,  that the “reborn” group is a “death group” .

Your concept of moon has “no investors”, is a your personal opinion, you’re talking to a banker, financial analyst. If you do a little research you will see that banks offer btc and others as an investment. Doge also has venture capital investors. You have chosen to be a non-profit entity.

I do not think it is appropriate here to discuss whether moon is a securities, liabilities or asset, currency or commodities.

All the solutions to be adopted in a constructive way for the future of MOON are appreciated, also with the advice of other independent expert devs.

Thank you.

I repeat again and again here, that in blockchain development previous works and level of knowledge matter.
It is necessary to listen to experts, and if you don't know ChekaZ, listen at least to Peter, Feathercoin founder. If you don't know, Feathercoin is one of the first altcoins, very famous one.

About 62B, if 0.17 removed protection, they removed not only protection for 62 B which did not work, but also the protection for 12B from Dec, 2014 thefts, and this protection worked, at least a hacker never moved these coins, and in 0.17 they are free and ready to be dumped. Did they forget about it, or don't know? But you can just make a research and find this and other information in transparent posts in this ANN thread and in the old ANN thread, created by original dev in 2013, or ask members who know or remember Mooncoin history.

Hi everybody,

I'm the developer who was commissioned to create the 0.18 client by Chekaz.

I've put my suggestions on the Telegram channel. We want a single chain after all the dust has settled, 0.17 has already broken consensus with 0.13, which is why you do not restore consensus breaking validation without doing so at a set height so everyone can upgrade in good time.

My suggestion is to update 0.17 to follow the 0.13 chain and release it after the validation restoration height in 0.18, then 0.17 and 0.18 will exist on the same chain and as long as the majority of miners are on 0.17 and 0.18 then 0.13 will follow it. 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.

Side note, all this talk of a 51% attack is incorrect and there's a lot of other misinformation going round. This sort of thing is counterproductive, this is a purely technical issue that can be resolved by dialog.

Peter

I got contacted because there was 2 years of nearly no progress on Mooncoin, as you maybe saw the last 0.13.9 release already featured the MoonWord, this time the upgrade was even bigger, SmartLikes is included and a new codebase got introduced and the fork got planned carefully. I tried to work with the old devs, but they refused at some point and said that they were working for such a long time now on the 0.17 release.

I did share the codebase ( 0.18.1.L ) beforehand with them, they could review it and leave comments/suggestions. They on their end, never shared the 0.17 code. As they stopped answering DMs, we decided to move ahead, lay out the plans and plan the fork accordingly. ( Yes you have to notify all Pools, Exchanges and Services that they are upgrading to a new Version which introduces a set height update). It got planned that they have about 14 days time to upgrade to it.

Most of the services were happy that they got notified and upgraded accordingly.

Now 1-2 days before the HardFork takes place, the old devs release a Version without ANY commit history. The Repository has 20 commits, the commits aren't labeld or easily reviewable. Changes werent commited properly, so the commits are just a cluster of old and new code.

Now the 0.17 version does  introduces new consensus rules, the problem is they didnt do it via a set block height, which you would normally do if you introduce something new regarding the consensus ( HardFork ). - The Problem here is that the 0.17 version instantly refuses the 0.13 & 0.18 clients which lead to a split of the Blockchain. So now there are 2 chains, the ( 0.13 + 0.18 Chain ) & the ( 0.17 ) Chain.

"Mebagger" said that his "0.17" version doesnt require a HardFork and here we go, as soon as they released it and took the clients online, the chain did split.

It is not possible to burn coins, which would be indeed a completely irreversible step.
We would need private keys for that. Other solutions to burn coins are untested and obviously they are very risky and could lead to blockchain collapse. And even if a safe way would be found, obviously it could be done in the future with another fork.
Moreover, some users reported that there could be legal issues with coin burn. Thus, it is necessary to protect coins as much as possible against unauthorised move, at the same time with no legal risks for a dev, and with no possible negative impact on blockchain.

To avoid 51 we need to raise network hashrate, now it is very low due to 2 years of stagnation. SmartLikes will attract investors, and hashrate will increase. That is one of reasons why we need innovations. They aim to deliver a new mindblowing crypto idea and solution, and also to increase price and hashrate, that will make MOON more secure.

After a long discussion this morning with devs and administrators of Telegram Group, I am posting here the conclusions and I would like to know the thought of the bitcoin talk community on these topics:

1. The last release 0.17 fixed once and for all a lot of issues arising from 7 years of alternating development and is focused on security.
2. The community of Telegram Group - the Mooncoin Core Team - already illustrated their plans to the Bitcoin Talk Mooncoin community.
3. They are not against Moonword and Smartlikes features, but they have to be implemented after fixing all other necessary issues.
4. I have asked directly why they don't want a collaboration with you and they replied that is rather the opposite situation, that the Bitcoin Talk Mooncoin community prefers to run alone.

So I ask you: why? it shouldn't be better to gather all the forces and collaborate for a common cause? Do you think that divisions will help?

In the meanwhile I would prefer not to download any wallet until clouds are cleared.

Thanks a lot for your thoughts. Have a nice day.

Luigi