[MOON] Mooncoin 🌙 Proof-of-Work, launched in 2013

[GrGringo]

It would be fair if people who had lost coins at Cryptsy would decide what to do with these coins.
I personally had lost a lot of coins at Cryptsy,
but for now I'm not sure: maybe better to burn these coins, to send them to a confirmed (with a technical proof) burn address.
Or there will be suspicions about dumping, split of community etc.
Another way is to send coins to the court, but then no one will benefit.
The Florida court already received 8 bil MOON before, but never returned even 1 Mooncoin to Cryptsy account holders.
Instead of that coins were sold via silent auction to unknown buyers 8 bil MOON + a lot of other crypto coins for a very small amount of money (about $100,000 if I remember correct numbers from their report).
Will anyone benefit from it? If coins were returned to the community, should community send these coins to the court?
They will dump these coins again on us, and we will pay for our own coins and will not receive money, because they will share all received money between all Cryptsy account holders. Is it fair? Not. Is it moral? Not. Is this even legal? Is there any good lawyer in the Mooncoin community?

It is not a hard decision for me (I am the most damaged mooncoin supporter!) I had always thought these coins lost. I love moon and mooncoin comunity! Better burn these coins.

I lost in todays numbers 20,000 $ in the Cryptsy disaster. I don't look back, these things happen you can't change them. I move on... This is a great coin and community, discord and ann. Vassilis is a active and honest dev. 2018 will be a good year for Moon I think. Burn the coins en look forward is my opinion but who am I. Time will tell! The best to Moon!

[Vassilis_Dev]

It would be fair if people who had lost coins at Cryptsy would decide what to do with these coins.
I personally had lost a lot of coins at Cryptsy,
but for now I'm not sure: maybe better to burn these coins, to send them to a confirmed (with a technical proof) burn address.
Or there will be suspicions about dumping, split of community etc.
Another way is to send coins to the court, but then no one will benefit.
The Florida court already received 8 bil MOON before, but never returned even 1 Mooncoin to Cryptsy account holders.
Instead of that coins were sold via silent auction to unknown buyers 8 bil MOON + a lot of other crypto coins for a very small amount of money (about $100,000 if I remember correct numbers from their report).
Will anyone benefit from it? If coins were returned to the community, should community send these coins to the court?
They will dump these coins again on us, and we will pay for our own coins and will not receive money, because they will share all received money between all Cryptsy account holders. Is it fair? Not. Is it moral? Not. Is this even legal? Is there any good lawyer in the Mooncoin community?

I didn't know all those details!
You have a good point.

[actarus]

It is not a hard decision for me (I am the most damaged mooncoin supporter!) I had always thought these coins lost. I love moon and mooncoin comunity! Better burn these coins.

I think that Mooncoin project cannot be better than this, because people involved are fair and honest. This man (beside the fact that in real life we are friends and we live in the same town) is a great person: he was the most damaged in cryptsy affair but he is ready to burn all the stolen coins for a bright future of Mooncoin and its community. Chapeau!!!

Luigi

[paulus59]

Chapeau!!! Luigi

[mebagger]

Hi,

Guys from searching around I think this would be the fastest cleanest most transparent way to Burn these coins..

You can see from this link the address below would take 3.3E+33 or 3.3 decillion years to crack.
https://en.bitcoin.it/wiki/Vanitygen

So, I think this would work and be transparent to all..

2CryptsyBurnLockedForeverxxxxdmvPw

I believe that this would make the address known to all and the private key unknown to all. But the address would be a valid and would, in theory, have some theoretical valid private key, just no-one would know what it is.


Let me know what you think.

[Mooncoin_Foundation]

Can someone please try to send a small amount of coins to the address above, to prove that it works?

[coinflow]

It would be fair if people who had lost coins at Cryptsy would decide what to do with these coins.
I personally had lost a lot of coins at Cryptsy,
but for now I'm not sure: maybe better to burn these coins, to send them to a confirmed (with a technical proof) burn address.
Or there will be suspicions about dumping, split of community etc.
Another way is to send coins to the court, but then no one will benefit.
The Florida court already received 8 bil MOON before, but never returned even 1 Mooncoin to Cryptsy account holders.
Instead of that coins were sold via silent auction to unknown buyers 8 bil MOON + a lot of other crypto coins for a very small amount of money (about $100,000 if I remember correct numbers from their report).
Will anyone benefit from it? If coins were returned to the community, should community send these coins to the court?
They will dump these coins again on us, and we will pay for our own coins and will not receive money, because they will share all received money between all Cryptsy account holders. Is it fair? Not. Is it moral? Not. Is this even legal? Is there any good lawyer in the Mooncoin community?

It is not a hard decision for me (I am the most damaged mooncoin supporter!) I had always thought these coins lost. I love moon and mooncoin comunity! Better burn these coins.

Burning the coins is a viable method. But another - maybe better one - could be to donate it.
Have you heard about the Pineapple Fund?

https://pineapplefund.org/

An unknown donator giving $86 million USD worth of BTC of his personal funds to charities.

What do you think?

[Ways2Crypto]

Hello Moon Community,

I joined the community after the stolen coin event, so I'm not eligible to participate in the decisions of what to do with the stolen coins. However, I would suggest to burn the majority of the coins, and also set a portion aside for future development such as promotion, marketing, and expenses.

I joined Moon Community due to two reasons: (1) I like the logo that was on Coinmarketcap, the light green M logo (the major contribution as to how I checked out Moon). And (2) I like the idea behind the Moon Community, especially Smart Likes.

In regards to Smart Likes, I'm quite perplexed on how it works. My interpretation is that the general idea is people are getting paid for hitting the 'like' button on others' post. It is also mentioned that the source for the fund will be through a separate currency, MoonLite.

Hitting the 'like' button is very simple. If millions of social media users hit the 'like' button on a daily basis, the fund needed to pay the users will accumulate to an astronomical amount within a very short time. Even if the number of MoonLite were to be in trillions, I'm unable to see how it will be able to cover the payment to social media users over an extended period. That is my interpretation.

It would be great if the community can help me clarify the full process of Smart Likes since I am quite fresh to the community.

I'm looking forward to hearing from the community.

Best regards,

New additional Moon member.

*P.s - perhaps a portion of the stolen coin can contribute to Smart Likes development/MoonLite.

[Mooncoin_Foundation]

Re: charity
In this case they would convert MOON to BTC or FIAT (MOON is not accepted right now worldwide), that would dump the market, so there would be charity for other people, but a disaster for our community. These coins were blocked and they should stay blocked, as it was promised, even if the protection was hacked. Investors were investing in MOON because they believed these coins were blocked. It's fair. If to send coins to a confirmed burn address, this protection won't be hacked, at least in our lifetime.

[Vassilis_Dev]

Hi,

Guys from searching around I think this would be the fastest cleanest most transparent way to Burn these coins..

You can see from this link the address below would take 3.3E+33 or 3.3 decillion years to crack.
https://en.bitcoin.it/wiki/Vanitygen

So, I think this would work and be transparent to all..

2CryptsyBurnLockedForeverxxxxdmvPw

I believe that this would make the address known to all and the private key unknown to all. But the address would be a valid and would, in theory, have some theoretical valid private key, just no-one would know what it is.


Let me know what you think.

Hi,

Guys from searching around I think this would be the fastest cleanest most transparent way to Burn these coins..

You can see from this link the address below would take 3.3E+33 or 3.3 decillion years to crack.
https://en.bitcoin.it/wiki/Vanitygen

So, I think this would work and be transparent to all..

2CryptsyBurnLockedForeverxxxxdmvPw

I believe that this would make the address known to all and the private key unknown to all. But the address would be a valid and would, in theory, have some theoretical valid private key, just no-one would know what it is.


Let me know what you think.

The problem is that VanityGen tool creates a valid address from a valid key.. and i think also with address returns the private key for use.

$ ./vanitygen 1Boat
Difficulty: 4476342
Pattern: 1Boat                                                                 
Address: 1BoatSLRHtKNngkdXEeobR76b53LETtpyT
Privkey: 5J4XJRyLVgzbXEgh8VNi4qovLzxRftzMd8a18KkdXv4EqAwX3tS

The burn address must be with invalid keys for any doubt! Even you found the right keys will be remain invalids and not possible to "open" it!
I'm checking Mooncoin_Foundation solution(with invalid public key).

[coinflow]

Re: charity
In this case they would convert MOON to BTC or FIAT (MOON is not accepted right now worldwide), that would dump the market, so there would be charity for other people, but a disaster for our community. These coins were blocked and they should stay blocked, as it was promised, even if the protection was hacked. Investors were investing in MOON because they believed these coins were blocked. It's fair. If to send coins to a confirmed burn address, this protection won't be hacked, at least in our lifetime.

I thought Mooncoin was less self-referred and more open-minded like agswinners view; that's why I posted my suggestion as an answer to his posting, because I like his style and how he gets over his personal loss.

Think about the effect, that this could have.
Someone here was talking about marketing etc.
Publishing this to the largest media outlets would make marketing, that the best money and BTC could not buy. Not even the most important closed discord-channel.

And technical, one could give only specific amounts to different organizations over a defined period of time. So that even if they convert it directly into BTC or something else, this would not affect the price too much. Think about the current volume on the exchanges, they absorb many Mooncoins fast. Most probably the 17bln coins that are still missing, are already sold, like someone else here mentioned before. So that should not be a real problem.

[Mooncoin_Foundation]

Re: smart likes
They are not about hitting 'like' button. Stay tuned, you will see how it works when it's launched and you will be able to use it. Better to see, to try, than listen to explanations for a product which is not launched yet.

[midmir]

If we burn those coins Cryptopia will finally relist Mooncoin lol

Then the market cap will cut in half but Mooncoin will as always quickly recover and then 30+ sats is nothing and doge is trembling.


And then ...  🌙


By the way someone suggested migration to POW/POS hybrid. I think it must be considered.

[a d i m u l]

This is the final way out of the above methods to be able to earn profit by mining. We provide so people can mine with the amount of coin we permit.

[ONLYfree]

Its still not enough volume to get in more exchanges??

https://coinmarketcap.com/currencies/mooncoin/#markets

[frackz]

5 Satoshi on Bluetrade. This coin will go to the moon..

[Vassilis_Dev]

5 Satoshi on Bluetrade. This coin will go to the moon..

I believe we are..
I'm in touch with new exchangers and soon we will have news.

[PanosGr36]

5 Satoshi on Bluetrade. This coin will go to the moon..

I believe we are..
I'm in touch with new exchangers and soon we will have news.

We're with u Capitano

[resian7]

Here is a dumb question, I mined 50,000 moon, directly to an exchange address.  They appear on block chain explore but not at the exchange, it looks liek the fee was low, can this take a long time?

[thistrader]

Here is a dumb question, I mined 50,000 moon, directly to an exchange address.  They appear on block chain explore but not at the exchange, it looks liek the fee was low, can this take a long time?

Never, ever, ever mine to exchange address. Only mine to address you have privkey for. Send from there to exchange when you want to trade it.

BTW, what mining setup you using?