Bitcoin Forum
July 18, 2018, 06:42:17 PM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Lost coins on every chain  (Read 198 times)
ghatts
Jr. Member
*
Offline Offline

Activity: 32
Merit: 0


View Profile
June 08, 2017, 10:57:18 PM
 #1

I was wondering how blockchains lost tokens.

What I mean is, lets say someone loses a private key, or the JSON, or something else happens.

The coins inside that wallet, on every chain, they are officially lost, is there a way for chains to verify that?

They will never be used, or transferred. Would there be a way for an audit to verify that and effectively reduce the amount out there on the chain?

I understand the difference between total tokens and "active" tokens, but it is kind of pointless to factor those in anymore.

BLOCKLANCER
The first Decentralized Autonomous Job market (DAJ) (https://bitcointalk.org/index.php?topic=1974481)
1531939337
Hero Member
*
Offline Offline

Posts: 1531939337

View Profile Personal Message (Offline)

Ignore
1531939337
Reply with quote  #2

1531939337
Report to moderator
1531939337
Hero Member
*
Offline Offline

Posts: 1531939337

View Profile Personal Message (Offline)

Ignore
1531939337
Reply with quote  #2

1531939337
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1531939337
Hero Member
*
Offline Offline

Posts: 1531939337

View Profile Personal Message (Offline)

Ignore
1531939337
Reply with quote  #2

1531939337
Report to moderator
1531939337
Hero Member
*
Offline Offline

Posts: 1531939337

View Profile Personal Message (Offline)

Ignore
1531939337
Reply with quote  #2

1531939337
Report to moderator
khufuking
Sr. Member
****
Offline Offline

Activity: 574
Merit: 263


View Profile
June 08, 2017, 11:07:47 PM
 #2

Well there is a difference between inactive and lost . there is a lot of people that keep there real stash untouched for so long > now you can not count

this as lost because it is just inactive but someone out there own them and will use them anytime they want . i think there is no way to mark token

as lost what will be the rules !! i do not think it will ever happen .
stealth.money
Sr. Member
****
Offline Offline

Activity: 492
Merit: 255



View Profile
June 08, 2017, 11:52:17 PM
 #3

I was wondering how blockchains lost tokens.

What I mean is, lets say someone loses a private key, or the JSON, or something else happens.

The coins inside that wallet, on every chain, they are officially lost, is there a way for chains to verify that?

They will never be used, or transferred. Would there be a way for an audit to verify that and effectively reduce the amount out there on the chain?

I understand the difference between total tokens and "active" tokens, but it is kind of pointless to factor those in anymore.

If you lost private key, or the JSON then it is going to lost forever.

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!