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

[menace.bit]

Put this to good use to recover coins from ICO scams. Any recovered BTC should be donated to the foundation.

[bitalchemists]

Address generator and ECDSA hash demonstration now available on github: https://github.com/bit-alchemists/RecoveryCoin

For any help on how to build and run, or if you have any question about the code or the architecture please ask in this thread and you will be answered. Also we would appreciate your insights and comments. Why use PoW addresses? Harder to crack, saves space on the blockchain and keeps the coin away from mass trading. Also, while generating the address the targets may be hit (rewards are generated at transaction level and not at block level).

[adaseb]

Its just not possible what you are trying to do.

To crack a private key with brute force will make millions of years even on Bitcoin ASICs.

This wont achieve anything except wasted electricity.

[bitalchemists]

Its just not possible what you are trying to do.

To crack a private key with brute force will make millions of years even on Bitcoin ASICs.

This wont achieve anything except wasted electricity.

It's not the purpose of this coin, please read the website at www.recoverycoin.info and the whitepaper. Also, without incentive there's no effort.

[JariKriting]

youre write
in launch coin and create coin is expected in September 2017.
but this now month january youre open ico selling, collect bitcoin investor and without escrow because coin still not ready

[bitalchemists]

youre write
in launch coin and create coin is expected in September 2017.
but this now month january youre open ico selling, collect bitcoin investor and without escrow because coin still not ready

All smartass traders, including you are welcome to get off this thread at once.

[Wolf Rainer]

Any bounty available or to be announced? I would like to translate ann to spanish.

[bitalchemists]

Any bounty available or to be announced? I would like to translate ann to spanish.

Please private message.

[JimmyRecard]

youre write
in launch coin and create coin is expected in September 2017.
but this now month january youre open ico selling, collect bitcoin investor and without escrow because coin still not ready

All smartass traders, including you are welcome to get off this thread at once.

You have another thing coming bitalchemists or should I say Triswardhani, loljosh, mintodev, templar77, Carlos RT Ferguson, nite69, Thewolfofcrypto

You ain't fooling anyone

[mvl]

BE CAREFUL PEOPLE, THERE ARE A LOT OF RED FLAGS HERE:

• Anon dev
• No Escrow

Promises things that are to good to be true: it walks and talks like a duck.

• Github user is new and anon as well
• Source code on Github is just C# and lacks a LOT
• Source code on Github is C#, but OP mentions OSX and Linux as targets as well
• This is dead wrong:
  

  Deposit any amount in BTC to 19vVPuzXPBUiNdnr6KZwYP9rAtdtWkDjqi until 2017/03/01
  Get x150 to your parallel REC address
  (using the same private key of the BTC address you've sent from; funds will be hardcoded into the genesis block).
  Launch is expected in September 2017.
  

  Private keys are private keys. They should never be available for anyone but you. The person who has your private keys, controls your Bitcoin. So if the dev states that he uses your private keys to create REC coins in a "parallel" address, that alone should be enough to abandon this coin/project.

Keep your private keys safe. Make sure nobody gets your private keys. If someone is after your private keys, he is after your bitcoin!

[bitalchemists]

BE CAREFUL PEOPLE, THERE ARE A LOT OF RED FLAGS HERE:

• Anon dev
• No Escrow

Promises things that are to good to be true: it walks and talks like a duck.

• Github user is new and anon as well
• Source code on Github is just C# and lacks a LOT
• Source code on Github is C#, but OP mentions OSX and Linux as targets as well
• This is dead wrong:
  

  Deposit any amount in BTC to 19vVPuzXPBUiNdnr6KZwYP9rAtdtWkDjqi until 2017/03/01
  Get x150 to your parallel REC address
  (using the same private key of the BTC address you've sent from; funds will be hardcoded into the genesis block).
  Launch is expected in September 2017.
  

  Private keys are private keys. They should never be available for anyone but you. The person who has your private keys, controls your Bitcoin. So if the dev states that he uses your private keys to create REC coins in a "parallel" address, that alone should be enough to abandon this coin/project.

Keep your private keys safe. Make sure nobody gets your private keys. If someone is after your private keys, he is after your bitcoin!

1. Satoshi nakamoto was anon dev
2. You can have anon escrow and still be legit
3. This is not the best proverb you could come up with
4. Everything has a starting point
5. What exactly is the code lacking in your opinion?
6. Have you ever heard about mono?
7. The private keys are just used to demonstrate the PoW address
8. You lack intelligence

Hope that answers...

[bitalchemists]

youre write
in launch coin and create coin is expected in September 2017.
but this now month january youre open ico selling, collect bitcoin investor and without escrow because coin still not ready

All smartass traders, including you are welcome to get off this thread at once.

You have another thing coming bitalchemists or should I say Triswardhani, loljosh, mintodev, templar77, Carlos RT Ferguson, nite69, Thewolfofcrypto

You ain't fooling anyone

Unless you have proof to what you're saying, you should hurry up and get the hell out of this thread.

[mvl]

BE CAREFUL PEOPLE, THERE ARE A LOT OF RED FLAGS HERE:

• Anon dev
• No Escrow

Promises things that are to good to be true: it walks and talks like a duck.

• Github user is new and anon as well
• Source code on Github is just C# and lacks a LOT
• Source code on Github is C#, but OP mentions OSX and Linux as targets as well
• This is dead wrong:
  

  Deposit any amount in BTC to 19vVPuzXPBUiNdnr6KZwYP9rAtdtWkDjqi until 2017/03/01
  Get x150 to your parallel REC address
  (using the same private key of the BTC address you've sent from; funds will be hardcoded into the genesis block).
  Launch is expected in September 2017.
  

  Private keys are private keys. They should never be available for anyone but you. The person who has your private keys, controls your Bitcoin. So if the dev states that he uses your private keys to create REC coins in a "parallel" address, that alone should be enough to abandon this coin/project.

Keep your private keys safe. Make sure nobody gets your private keys. If someone is after your private keys, he is after your bitcoin!

1. Satoshi nakamoto was anon dev

He did not beg for gifts or investments.

2. You can have anon escrow and still be legit

You don't have Escrow. There is a BTC address and the rest is a matter of trust. That is not Escrow.

3. This is not the best proverb you could come up with
4. Everything has a starting point
5. What exactly is the code lacking in your opinion?
6. Have you ever heard about mono

Yes, but the thing is you are asking for funds based on just promises

7. The private keys are just used to demonstrate the PoW address

Bullshit. In your OP you tell people that they get REC coins in some sort of "parallel" address using the private keys of the Bitcoin addresses they used for sending. Literally. It is in the OP. Your own words.

8. You lack intelligence

Usually, people get personal only when they don't have real arguments, because real arguments are much stronger. Your personal attack is therefore a sign of weakness, and another indication that this project cannot be trusted.

[JimmyRecard]

youre write
in launch coin and create coin is expected in September 2017.
but this now month january youre open ico selling, collect bitcoin investor and without escrow because coin still not ready

All smartass traders, including you are welcome to get off this thread at once.

You have another thing coming bitalchemists or should I say Triswardhani, loljosh, mintodev, templar77, Carlos RT Ferguson, nite69, Thewolfofcrypto

You ain't fooling anyone

Unless you have proof to what you're saying, you should hurry up and get the hell out of this thread.

Yeah keep dreaming sonny Jim, I have proof your an asshole

8. You lack intelligence

Plus the fact that your English grammar when typing is very much the same if not word for word as all your other alts... fuck dude and you even said this...

3. This is not the best proverb you could come up with

Hope that answers...

Look how you ended it and you are having a sook about nouns, adjectives & proverbs

Want to rub me again ? I don't grant you wishes though

[care2yak]

7. The private keys are just used to demonstrate the PoW address

Private keys shouldn't just be given away casually. Asking for private keys raises red flags so thank heavens for people on the forum that can discern when something appears scammy.

There are people on this forum who - out of their good heart   - make it their purpose to expose scams/scammers, so while they do their investigation and point out some questionable portions of the announcement, it would be best to show proof that the one being accused isn't a fraud  

[bitalchemists]

7. The private keys are just used to demonstrate the PoW address

Private keys shouldn't just be given away casually. Asking for private keys raises red flags so thank heavens for people on the forum that can discern when something appears scammy.

There are people on this forum who - out of their good heart   - make it their purpose to expose scams/scammers, so while they do their investigation and point out some questionable portions of the announcement, it would be best to show proof that the one being accused isn't a fraud  

Who asked for anyone's private keys? Do you people know how to read or you are just trolling around threads?

[JimmyRecard]

7. The private keys are just used to demonstrate the PoW address

Private keys shouldn't just be given away casually. Asking for private keys raises red flags so thank heavens for people on the forum that can discern when something appears scammy.

There are people on this forum who - out of their good heart   - make it their purpose to expose scams/scammers, so while they do their investigation and point out some questionable portions of the announcement, it would be best to show proof that the one being accused isn't a fraud  

Who asked for anyone's private keys? Do you people know how to read or you are just trolling around threads?

So called "Devs" or "Developers" who use the word Troll are pretty much giving themselves away as a scammer, wouldn't you use a more technical term if you were Legitimate ? What kind of genuine start up company would treat its consumers like shit and expect them to stay part of it and have faith in you..... yeah 0 thats right, fucking dumbass !

[rafajunior99]

This seems very nice and really helpful for all people who are stuck with the attacks that are not true. and I'm still waiting for it.

[care2yak]

You're being childish. Why don't you just explain the beauty of your concept instead of getting all fiery wild about how I understood your statement about receiving REC. That's how I understood it. All you have to do is explain it so no one else will misinterpret it the way I did.

[bitalchemists]

7. The private keys are just used to demonstrate the PoW address

Private keys shouldn't just be given away casually. Asking for private keys raises red flags so thank heavens for people on the forum that can discern when something appears scammy.

There are people on this forum who - out of their good heart   - make it their purpose to expose scams/scammers, so while they do their investigation and point out some questionable portions of the announcement, it would be best to show proof that the one being accused isn't a fraud  

A good heart with too many smilies