[ANN]█▅ AurumCoin AU ▅█ Welcome to Aurumcoin(AU) Project █▅ 2014-2017 ▅█

[kaszebe1]

You still didn't answered for my question: why should anyone trust you (or your company) ?

So your plan is:

1. People gives you money
2. You buy gold and keeps that gold
3. You give coins to people who give you money for gold

That simply can't work ... Cause your company means nothing and has no trust nor warranties.

Personally i wouldn't buy even paper gold from bank cause i dont trust them not even to mention small company cause its just crazy.
One big miner could attack your weak network and mess up the chain ... What would you do then ? Keep the gold and put on website : " maintance mode " ?

Honestly, if you don't see why this project failed none can help you. This project is wrong at its basis.

[1715183431]

1715183431

[AurumCoin.com]

You still didn't answered for my question: why should anyone trust you (or your company) ?

So your plan is:

1. People gives you money
2. You buy gold and keeps that gold
3. You give coins to people who give you money for gold

That simply can't work ... Cause your company means nothing and has no trust nor warranties.

Personally i wouldn't buy even paper gold from bank cause i dont trust them not even to mention small company cause its just crazy.
One big miner could attack your weak network and mess up the chain ... What would you do then ? Keep the gold and put on website : " maintance mode " ?

Honestly, if you don't see why this project failed none can help you. This project is wrong at its basis.

No, you didn't understand.
1. Only coins that people buy in full priced are full gold-backed, people do not give us money, same as you do not "give" your money to the bank, you deposit it.
2. same as original dollars.
3. no, please read again.

Please understand, you can buy AU coins in free market and hold them at your own personal wallet.
You don't need to trust anyone that is the beauty of decentralized crypto currency, anyone could have mine or buy it since 2014  
About big miner attack theoretically this can happen with bitcoin as well (same code, same problems).

[kaszebe1]

[quote author=AurumCoin.com
Please understand, you can buy AU coins in free market and hold them at your own personal wallet.
You don't need to trust anyone that is the beauty of decentralized crypto currency, anyone could have mine or buy it since 2014  
About big miner attack theoretically this can happen with bitcoin as well (same code, same problems).

[/quote]

As for attack ..its not the same. Attack on your network is much easier and cheaper since aurum network has terribly low hashrate comparing it to btc.

But , once again. Who will provide gold to back up aurum coin ? You ? 

[Althor49]

As for attack ..its not the same. Attack on your network is much easier and cheaper since aurum network has terribly low hashrate comparing it to btc.

The blockchain has been backed up and published at regular intervals since a few months.
The exact intervals were not published in order to provide attackers with little information.
The most recently published blockchain.dat can be found at:
https://aurumcoin-au.com/wallets.html

However, this does not necessarily have to be the latest and last secured blockchain.
A reset or forking of the blockchain is quickly recognized by the existing mechanisms.

By publishing the current blockchain.dat, a quick restoration of the original blockchain is guaranteed.

Regards

[AurumCoin.com]

As for attack ..its not the same. Attack on your network is much easier and cheaper since aurum network has terribly low hashrate comparing it to btc.

The blockchain has been backed up and published at regular intervals since a few months.
The exact intervals were not published in order to provide attackers with little information.
The most recently published blockchain.dat can be found at:
https://aurumcoin-au.com/wallets.html

However, this does not necessarily have to be the latest and last secured blockchain.
A reset or forking of the blockchain is quickly recognized by the existing mechanisms.

By publishing the current blockchain.dat, a quick restoration of the original blockchain is guaranteed.

Regards

Hello @Althor49, do you and @Rossen intend to update the desktop wallet version and bring back the mobile application?

[Althor49]

As for attack ..its not the same. Attack on your network is much easier and cheaper since aurum network has terribly low hashrate comparing it to btc.

The blockchain has been backed up and published at regular intervals since a few months.
The exact intervals were not published in order to provide attackers with little information.
The most recently published blockchain.dat can be found at:
https://aurumcoin-au.com/wallets.html

However, this does not necessarily have to be the latest and last secured blockchain.
A reset or forking of the blockchain is quickly recognized by the existing mechanisms.

By publishing the current blockchain.dat, a quick restoration of the original blockchain is guaranteed.

Regards

Hello @Althor49, do you and @Rossen intend to update the desktop wallet version and bring back the mobile application?

There are currently no plans for this and no reason for me to publicly discuss this.

The source code is public. Feel free to be part of the community and update the desktop wallet or bring back the mobile application!

[kaszebe1]

As for attack ..its not the same. Attack on your network is much easier and cheaper since aurum network has terribly low hashrate comparing it to btc.

The blockchain has been backed up and published at regular intervals since a few months.
The exact intervals were not published in order to provide attackers with little information.
The most recently published blockchain.dat can be found at:
https://aurumcoin-au.com/wallets.html

However, this does not necessarily have to be the latest and last secured blockchain.
A reset or forking of the blockchain is quickly recognized by the existing mechanisms.

By publishing the current blockchain.dat, a quick restoration of the original blockchain is guaranteed.

Regards

Hello @Althor49, do you and @Rossen intend to update the desktop wallet version and bring back the mobile application?

There are currently no plans for this and no reason for me to publicly discuss this.

The source code is public. Feel free to be part of the community and update the desktop wallet or bring back the mobile application!

Nice support from the dev team, LOL .

[AurumCoin.com]

As for attack ..its not the same. Attack on your network is much easier and cheaper since aurum network has terribly low hashrate comparing it to btc.

The blockchain has been backed up and published at regular intervals since a few months.
The exact intervals were not published in order to provide attackers with little information.
The most recently published blockchain.dat can be found at:
https://aurumcoin-au.com/wallets.html

However, this does not necessarily have to be the latest and last secured blockchain.
A reset or forking of the blockchain is quickly recognized by the existing mechanisms.

By publishing the current blockchain.dat, a quick restoration of the original blockchain is guaranteed.

Regards

Hello @Althor49, do you and @Rossen intend to update the desktop wallet version and bring back the mobile application?

There are currently no plans for this and no reason for me to publicly discuss this.

The source code is public. Feel free to be part of the community and update the desktop wallet or bring back the mobile application!

Please ask Rossen to publish the code to mobile wallet that we can take it from here.

[AurumCoin.com]

Please withdraw all your AU from unnamed exchange at the moment ASAP.

[Arhgus]

Please withdraw all your AU from unnamed exchange at the moment ASAP.

you can find out why such a rush, what is the reason?

[CyberDyne_Int]

so excuse my ignorance but i'm completely new to mining and crypto currencies.
i seen this coin on a pool last night and and got abit of them and this morning i was looking more into it and its not on any exchanges and from this last message from the guy saying pull your coin from exchanges.

is this a dead coin with no value that just failed?

[AurumCoin.com]

Gold + Crypto = Aurum Coin (AU)
https://www.deccanherald.com/opinion/panorama/nixon-shock-from-50-years-ago-has-lessons-for-today-s-politics-of-money-1019094.html

[CyberDyne_Int]

Gold + Crypto = Aurum Coin (AU)
https://www.deccanherald.com/opinion/panorama/nixon-shock-from-50-years-ago-has-lessons-for-today-s-politics-of-money-1019094.html

you post alot of content that has no info about your coin......im guessing fail coin eh?

[AurumCoin.com]

https://www.business-standard.com/the-morning-show/video/markets-insights/should-you-invest-more-in-gold-or-pare-your-exposure-to-the-yellow-metal-10.htm

[AurumCoin.com]

Current price according to mining costs 50 AU for 1 BTC
This is the minimum advised price for sellers at the moment.
Coins will be sell for gold units.
price will be attached to gold in future.

[AurumCoin.com]

https://www.forbes.com/sites/migombank/2021/10/04/a-new-chapter-in-the-history-of-gold-physicalizing-crypto/

[Althor49]

Hello Community,
to clear all unconfirmed Transactions from your wallet start the wallet (aurumcoin-qt.exe - Versin Core 0.12.4.0) with parameter "-zapwallettxes=1"
This command should be issued no earlier than 72 hours after the actual transfer has been sent.
Check whether the transaction ID exists in the block explorer. If the Transaction ID exist wait! If you use the command anyway, it can lead to unsightly side effects in your wallet.

The Transaction ID in your Wallet looks like:
Transaction ID: 6f6733d679bb8bb4c9c26a5d58ea19f26cb738fe500beace24ba75866b878e75-000

use it without the "-000" at the end in Blockexplorer like
http://explorer.aurumcoin-au.com:3001/tx/6f6733d679bb8bb4c9c26a5d58ea19f26cb738fe500beace24ba75866b878e75

Unconfirmed transaction IDs are deleted from the blockchain after a certain period of time. If they are deleted from the block chain, they can also be deleted from the wallet with the specified command.

use the command like:
C:\AurumCoin\aurumcoin-qt.exe -datadir=C:\AurumCoin -conf=C:\AurumCoin\aurumcoin.conf -zapwallettxes=1

Backup your Wallet before use and use the command carefully to your wallet.
You will get back all unconfirmed AU to your Wallet.

Regards

[AurumCoin.com]

Does anyone have issues with unnamed exchange?
Required AU Confirms: 2,880 and withdrawals/deposits are working fine.

[AUKING]

Hope for a new exchange listed on CMC, What are we doing to do about this?

[Doctor Zero]

You guys competing with goldcoin?  Just asking cause I think they have some serious backers.  Thanks.