[PRE-ANN] RecoveryCoin - ECDSA-based cryptocurrency with fair mining

[MirkoIta]

These are my favourite ICOs. Send me money to this bitcoin address and I send you back some shitcoins X1000. Is Lino Marshall the trusted escrow which owns the BTC address?

[Bitdonator]

You are totaly wrong if you think that BTC from first 100,000
blocks are "abandoned"   

[YourMom420]

I'm ready to mine

[CjMapope]

These are my favourite ICOs. Send me money to this bitcoin address and I send you back some shitcoins X1000. Is Lino Marshall the trusted escrow which owns the BTC address?

haha, ya for me ill be participating with what i have in hardware, once it hits exchange if it still looks good by then ill be buying in some maybe ;p

theres just a bit too much, "give me money" nowadays, better to own hardware to mine and take your risk there ;p

You are totaly wrong if you think that BTC from first 100,000
blocks are "abandoned"   

oo, you have peaked my interest, now im looking deeper into that haha, thx!  
it stands to reason some of those addresses could be early believers that are in "ultimate HODL-Mode"

[dolores13]

Proof of Robbery POR

proof of attack, rob money from ppls, Instead of that why not use your high programming skills to make new unique coin from scratch with new algo, maybe this coin will be the next zerocash, dash, eth , monero.......
Sad to see some gifted persons waste their skills in nosense things.

[HmmMAA]

Recoverycoin hits one of Satoshi's account , he gets furious , dumps all his coins till zero value and everyone's happy . Science fiction scenario , i should write a script about that .

[Sourgummies]

Proof of Robbery POR

proof of attack, rob money from ppls, Instead of that why not use your high programming skills to make new unique coin from scratch with new algo, maybe this coin will be the next zerocash, dash, eth , monero.......
Sad to see some gifted persons waste their skills in nosense things.

I like that! POR!

This dev wants to rob everyone. ICO participants, early miners, early holders. Fuck him.

Anyone who supports this scam on top of a robbery is filth.

[logictense]

These are my favourite ICOs. Send me money to this bitcoin address and I send you back some shitcoins X1000. Is Lino Marshall the trusted escrow which owns the BTC address?

See the name? Recovery means the dude is looking to recover from loss on a dumb trade and may need money to settle down. Its clearer than ever that he came up with this name after holding a thought about possible recovery from predicament.

[bitalchemists]

Dear everyone,
Since this is an opensource project, and after reading your comments we have decided to change the direction a little bit.
The targets will not be the full Bitcoin public keys, but only their 8 leftmost bytes. So nothing will be robbed.
RecoveryCoin will have its value from indicating the strength of Bitcoin's keys against the potential network power, with probabilistic calculations.
Thank you very much for replying to this thread, however harshly.   

[Sourgummies]

Dear everyone,
Since this is an opensource project, and after reading your comments we have decided to change the direction a little bit.
The targets will not be e full Bitcoin public keys, but only their 8 leftmost bytes. So nothing will be robbed.
RecoveryCoin will have its value from indicating the strength of Bitcoin's keys against the potential network power, with probabilistic calculations.
Thank you very much for replying to this thread, however harshly.   

Then what's the point. I don't get why you would want the first 8 bytes? What can you do with that?

[bitalchemists]

Dear everyone,
Since this is an opensource project, and after reading your comments we have decided to change the direction a little bit.
The targets will not be e full Bitcoin public keys, but only their 8 leftmost bytes. So nothing will be robbed.
RecoveryCoin will have its value from indicating the strength of Bitcoin's keys against the potential network power, with probabilistic calculations.
Thank you very much for replying to this thread, however harshly.   

Then what's the point. I don't get why you would want the first 8 bytes? What can you do with that?

You can measure how probable it is to crack a Bitcoin address. This is similar to "shares" in pooled mining.

[Sourgummies]

Dear everyone,
Since this is an opensource project, and after reading your comments we have decided to change the direction a little bit.
The targets will not be e full Bitcoin public keys, but only their 8 leftmost bytes. So nothing will be robbed.
RecoveryCoin will have its value from indicating the strength of Bitcoin's keys against the potential network power, with probabilistic calculations.
Thank you very much for replying to this thread, however harshly.   

Then what's the point. I don't get why you would want the first 8 bytes? What can you do with that?

You can measure how probable it is to crack a Bitcoin address. This is similar to "shares" in pooled mining.

But how does that make money for you or anyone else unless you take the btc in the address.

[bitalchemists]

Dear everyone,
Since this is an opensource project, and after reading your comments we have decided to change the direction a little bit.
The targets will not be e full Bitcoin public keys, but only their 8 leftmost bytes. So nothing will be robbed.
RecoveryCoin will have its value from indicating the strength of Bitcoin's keys against the potential network power, with probabilistic calculations.
Thank you very much for replying to this thread, however harshly.   

Then what's the point. I don't get why you would want the first 8 bytes? What can you do with that?

You can measure how probable it is to crack a Bitcoin address. This is similar to "shares" in pooled mining.

But how does that make money for you or anyone else unless you take the btc in the address.

You serve the Bitcoin community by telling them when they have to switch to a bigger key size. So without RecoveryCoin, BTC holders might be at risk some day.

[CjMapope]

Dear everyone,
Since this is an opensource project, and after reading your comments we have decided to change the direction a little bit.
The targets will not be the full Bitcoin public keys, but only their 8 leftmost bytes. So nothing will be robbed.
RecoveryCoin will have its value from indicating the strength of Bitcoin's keys against the potential network power, with probabilistic calculations.
Thank you very much for replying to this thread, however harshly.   

well thats a bit better, im coming to realize this might be interesting in my head, as i also take part in the LBC,  but on paper (and to other people)  probably really is a terrible idea :/

i await seeing how this evolves

[MostlyGhostly]

Dear everyone,
Since this is an opensource project, and after reading your comments we have decided to change the direction a little bit.
The targets will not be e full Bitcoin public keys, but only their 8 leftmost bytes. So nothing will be robbed.
RecoveryCoin will have its value from indicating the strength of Bitcoin's keys against the potential network power, with probabilistic calculations.
Thank you very much for replying to this thread, however harshly.   

Then what's the point. I don't get why you would want the first 8 bytes? What can you do with that?

You can measure how probable it is to crack a Bitcoin address. This is similar to "shares" in pooled mining.

But how does that make money for you or anyone else unless you take the btc in the address.

Big changes are coming and Im prepared fro them. U will invest 300 million dollars in ecdsa attacks and will be rewarded with a small payment coming from a private key retrieved from btc address u control, but don't hope to see more payments coming in because the sending address will be vanished by greedy sharks and brave scavengers.

[bitalchemists]

Dear everyone,
Since this is an opensource project, and after reading your comments we have decided to change the direction a little bit.
The targets will not be e full Bitcoin public keys, but only their 8 leftmost bytes. So nothing will be robbed.
RecoveryCoin will have its value from indicating the strength of Bitcoin's keys against the potential network power, with probabilistic calculations.
Thank you very much for replying to this thread, however harshly.   

Then what's the point. I don't get why you would want the first 8 bytes? What can you do with that?

You can measure how probable it is to crack a Bitcoin address. This is similar to "shares" in pooled mining.

But how does that make money for you or anyone else unless you take the btc in the address.

Big changes are coming and Im prepared fro them. U will invest 300 million dollars in ecdsa attacks and will be rewarded with a small payment coming from a private key retrieved from btc address u control, but don't hope to see more payments coming in because the sending address will be vanished by greedy sharks and brave scavengers.

Rubbish.

[Sourgummies]

Dear everyone,
Since this is an opensource project, and after reading your comments we have decided to change the direction a little bit.
The targets will not be e full Bitcoin public keys, but only their 8 leftmost bytes. So nothing will be robbed.
RecoveryCoin will have its value from indicating the strength of Bitcoin's keys against the potential network power, with probabilistic calculations.
Thank you very much for replying to this thread, however harshly.   

Then what's the point. I don't get why you would want the first 8 bytes? What can you do with that?

You can measure how probable it is to crack a Bitcoin address. This is similar to "shares" in pooled mining.

But how does that make money for you or anyone else unless you take the btc in the address.

You serve the Bitcoin community by telling them when they have to switch to a bigger key size. So without RecoveryCoin, BTC holders might be at risk some day.

Still not following. Spell it out for me please.

[bitalchemists]

Dear everyone,
Since this is an opensource project, and after reading your comments we have decided to change the direction a little bit.
The targets will not be e full Bitcoin public keys, but only their 8 leftmost bytes. So nothing will be robbed.
RecoveryCoin will have its value from indicating the strength of Bitcoin's keys against the potential network power, with probabilistic calculations.
Thank you very much for replying to this thread, however harshly.   

Then what's the point. I don't get why you would want the first 8 bytes? What can you do with that?

You can measure how probable it is to crack a Bitcoin address. This is similar to "shares" in pooled mining.

But how does that make money for you or anyone else unless you take the btc in the address.

You serve the Bitcoin community by telling them when they have to switch to a bigger key size. So without RecoveryCoin, BTC holders might be at risk some day.

Still not following. Spell it out for me please.

Please be more specific.

[Sourgummies]

If you cant even explain what your doing and why your doing it and how it helps ect in more then a few sentences you don't deserve my time.

Good bye.

[bitalchemists]

If you cant even explain what your doing and why your doing it and how it helps ect in more then a few sentences you don't deserve my time.

Good bye.

An explanation was already given, assuming that you have general knowledge of cryptocurrency technology.