Been a long time since I personally posted on this forum, I kinda drifted away from the scene a couple of years back. I was quite a fan of DBL back in 2013/2014 and always thought it had potential so traded it quite extensively on Cryptsy back then. Fortunately I wasn't caught up in the Cryptsy debacle as I had transferred my coins to personal wallets by August 2014. I did however think I'd lost my DBL passphrase in a hard drive failure though.
Anyway to bring it up to date a few days ago I found an old KeePass backup file stored on a thumb drive and it turns out it had amongst other passwords my main DBL wallet passphase.
Thanks to this thread & the current peers I managed to get my client up to date and now have access to my coins I once thought lost. As there is no longer an exchange my coins don't have any value right now so I'm prepared to offer up 50K of my personal stash to any bounty fund to get this coin back on track and on an exchange.
One thing I have noticed since getting it back up to date is that the coin
will be completely mined out in less than a month as we will soon reach 8m DBL mined, we're currently at 7,764,533 DBL mined as I type this so time is short to come up with a plan for what to do next
to keep the network moving once we reach this milestone.
Anyway thought I'd chip in and say hi to the Pirates of Olde. Lets be gettin' this coin back on the seven seas. Yarr!
EDIT: Regarding the 8m limit I've been reading through some of the older posts on this thread (in particular
this one from raven_pl) and it seems Shakezula made a mistake in the code and set the maximum transaction limit (not maximum minable coins) to 8 million DBL and the actual cutoff is block 10,519,200 (20 years assuming 1 block per minute since inception) making the actual minable total 71,166,240 coins. Confirmed this myself by reviewing the code.
@rav3n_pl as the resident guardian of the github repository do you have a plan for how to deal with this? As the entire network consists of a literal handful of people right now it shouldn't be too difficult to hard fork especially as the few currently mining probably won't want to see their own holdings devalued ninefold if we sit back and do nothing. Not sure what the best plan of action is myself as I haven't been following evolution of cryptocurrencies for the last 2 years. Based upon my knowledge a couple of years back I would have suggested POS (Proof Of Stake) post block 1,181,683 (8 million coins generated point) as it's very low effort mining and anyone staking will find their coins increase in line with the overall inflation just by holding on to them and unlocking their wallet to allow their coins to stake every so often. I'm not sure what other alternatives have come about in the last couple of years though.
