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Author Topic: 【ANN】【PIRL】【PoW Masternode 】【PirlEX-PirlPay】 51 Protected - NO PREMINE - NO ICO  (Read 141294 times)
madalieninvader
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April 03, 2018, 11:41:16 AM
 #1381

Okay. Here's the bug detail: your network contains the 72 millions premine from the original Ethereum blockchain. You can confirm the bug in many ways.

Look into the Ethereum premine addresses. For example, the EthDev premine address 0x5abfec25f74cd88437631a7731906932776356f9 which contains 12 million coins on both blockchain.

EGEM: https://explorer.egem.io/addr/0x5abfec25f74cd88437631a7731906932776356f9
PIRL: https://poseidon.pirl.io/explorer/address/0x5abfec25f74cd88437631a7731906932776356f9/

Now have fun.

https://pirl.io/blog/thoughts-news-ethereum-asic-miners/

So the no premine, ASIC resistant coin has a premine and is welcoming ASICs. Sold all my PIRL.

Someone make an ETH like coin with masternodes, attempt at some privacy features, and better ASIC resistance.


Maybe I jumped the gun too quick, but I've seen enough in crypto that anything stinks I cash out first and ask questions later.

This might not have been an intentional premine, a mistake from original ETH genesis block. it's still a huge problem if 12 million coins are out there with the original ETH developers having the same key.

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April 03, 2018, 12:05:20 PM
 #1382

Okay. Here's the bug detail: your network contains the 72 millions premine from the original Ethereum blockchain. You can confirm the bug in many ways.

Look into the Ethereum premine addresses. For example, the EthDev premine address 0x5abfec25f74cd88437631a7731906932776356f9 which contains 12 million coins on both blockchain.

EGEM: https://explorer.egem.io/addr/0x5abfec25f74cd88437631a7731906932776356f9
PIRL: https://poseidon.pirl.io/explorer/address/0x5abfec25f74cd88437631a7731906932776356f9/

Now have fun.

https://pirl.io/blog/thoughts-news-ethereum-asic-miners/

So the no premine, ASIC resistant coin has a premine and is welcoming ASICs. Sold all my PIRL.

Someone make an ETH like coin with masternodes, attempt at some privacy features, and better ASIC resistance.


Maybe I jumped the gun too quick, but I've seen enough in crypto that anything stinks I cash out first and ask questions later.

This might not have been an intentional premine, a mistake from original ETH genesis block. it's still a huge problem if 12 million coins are out there with the original ETH developers having the same key.
Greetings from EGEM. I made the devs aware as soon as that person announced on our thread. I have confidence in the team here in Pirl and they are correcting the issue.
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April 03, 2018, 12:19:37 PM
Last edit: April 03, 2018, 01:01:47 PM by ubiq_min0r
 #1383

i will not judge about people that are firstly sorrowed about that.
but the pirl team never gave me any reason not to trust them.

that there is this account is no reason to panic.
i even dont think that anyone has access to it.
but i can understand you.


on the other hand you should trust the devs that they will solve that.
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April 03, 2018, 12:24:06 PM
 #1384

Are Masternodes already implemented?
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April 03, 2018, 01:02:12 PM
 #1385

there are running masternodes yes
madalieninvader
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April 03, 2018, 01:13:09 PM
 #1386

i even dont think that anyone has access to it.

Any Ethereum key is a valid PIRL key with the same address. Whoever had access to original ETH premine could access this address right now.

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April 03, 2018, 01:29:57 PM
 #1387

yeah and its a old artifact out of eth time.
and as far as i know its a shared wallet, so you have to get the people together and they must have their passes ready and they have to do it all together and  and and.........so about what we are discussing here.

there will be a solution for it and i am pretty sure very soon.
there was no movement on that wallet since crypto ages and i dont think there will be a movement.

its a if if if if if if if if if game.


relax
madalieninvader
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April 03, 2018, 01:41:25 PM
 #1388

yeah and its a old artifact out of eth time.
and as far as i know its a shared wallet, so you have to get the people together and they must have their passes ready and they have to do it all together and  and and.........so about what we are discussing here.

there will be a solution for it and i am pretty sure very soon.
there was no movement on that wallet since crypto ages and i dont think there will be a movement.

its a if if if if if if if if if game.


relax

Information clears uncertainty and helps people relax. Communications from devs would help. Info like the original ETH key being shared, like multisig?

If the ETH premine key was shared like multisig that lowers the risk to PIRL.

This is still a huge problem with, as far as I can tell 12 million PIRL circulating supply and 12 million at minimum PIRL waiting to be sold or used to attack the coin.

I can relax, because like I said I sold all my Pirl. My risk now is only lost opportunity cost because I'm still mining it when I could mine something else.

My only personal interest now is simply because I liked the ideas of this coin.

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April 03, 2018, 01:59:18 PM
 #1389

Solution? When at least half supply is waiting to be sold or used to attack coin in a masternode system? Only solution I could see is start over or increase block reward like 100 to 1000x to inflate away the premine.

This is a huge problem. But what do I know. I seem to be the only one following this thread and the market doesn't seem to care, yet. Coins up ~2% according to coinmarketcap.com.

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April 03, 2018, 02:00:32 PM
 #1390


This is still a huge problem with, as far as I can tell 12 million PIRL circulating supply and 12 million at minimum PIRL waiting to be sold or used to attack the coin.


I'm not prof. it that area but the guy who pointed it out was telling about 72 milions (there is 12 milion on one account)  anyone with more knowledge should speak about it...

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ubiq_min0r
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April 03, 2018, 02:07:54 PM
 #1391

there is no 72 million.

guys you see whats happening ?
its speculation over speculation.
thats the reason why i said relax....there will be no attack or something like this.
not any sign shows that.

dont let people raise your fear.

its open to anyone to do or react how they want.
the devs are communicating , like i said with my first post (just visit their discord and ask them).

i know that there is a solution and i think it will be out very soon.
as far as i know they are testing and dont overreact.
they are doing it the professional way.

so for me it is clear....i bought more pirl, because the price is constantly rising atm and there will come many new features,
which will bring the price more up.
the dev team was everytime able to solve issues, problems and everything they faced.
so there is no reason for me to sell.

and for pirl......i dont liked the idea. i LIKE the idea of pirl.

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April 03, 2018, 02:11:01 PM
 #1392

Also the whole not speculating on ASIC rumor is over.

ASIC is not rumor now.

Haven't check how much better it is than GPUs.

https://twitter.com/bitmaintech/status/981169456411021312?s=21

https://shop.bitmain.com/product/detail?pid=00020180403174908564M8dMJKtz06B7

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April 03, 2018, 02:35:17 PM
Last edit: April 03, 2018, 02:59:11 PM by cryptovigi
 #1393

there is no 72 million.

guys you see whats happening ?
its speculation over speculation.....

man we're relaxed but we want to know the truth...
few hours ago "Public Relations Manager" claimed that milions of pirl in not official account is rumor... few minutes after that he told that devs have almost ready patch for this issue (so it was the truth)

as i told before i DO like PIRL also but there are things need be explain that's it...

Also the whole not speculating on ASIC rumor is over.

ASIC is not rumor now.

Haven't check how much better it is than GPUs.

https://twitter.com/bitmaintech/status/981169456411021312?s=21

https://shop.bitmain.com/product/detail?pid=00020180403174908564M8dMJKtz06B7

efficency of 6 rx580 at the price of two (used) cards...
hard times for GPU miners are comming...
fortunetly PIRL is 100% ASICs resistant..... or not anymore?

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April 03, 2018, 02:53:26 PM
 #1394

i dont wanted to say that you are not relaxed....Smiley

was for the others not directly for you.

i saw the antminer e3 too now.
hmmmm...180 MH...not much.
but the price is nice i have to say.

i want to know what is in there...for me it seems to be like a rig.
power to hashrate is nearly the same
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April 03, 2018, 03:03:18 PM
 #1395

efficency of 6 rx580 at the price of two (used) cards...
hard times for GPU miners are comming...
fortunetly PIRL is 100% ASICs resistant..... or not anymore?

Some good news though. I don't think it's powerful enough to obsolete current GPUs. Just a little better price and energy per hash? That's my take.

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April 03, 2018, 03:52:11 PM
 #1396

it's not a killer for sure... but still have efficency to price 3 times better than gpus additionaly some people claiming they sell it becouse bitmain just want to replace their farms with another generation f3 with better hashrate... it's rumors but few days ago e3 was rumor too.

My point is if someone claims that his chain is asic resistant and put funny logo on his page should put erfort to be trustful... blockchain with capitalization of 5 milion dolars is not a cheap watch bought for one dolar which is waterproof until you put it to the water....

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vectisitch
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April 03, 2018, 05:46:02 PM
 #1397

anyone know of any issues? i sent pirl to stocks exchange 6 hours ago. it's showing on the explorer but nothing in the exchange wallet yet. nothing from support either

darkdaze
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April 03, 2018, 09:18:49 PM
 #1398

anyone know of any issues? i sent pirl to stocks exchange 6 hours ago. it's showing on the explorer but nothing in the exchange wallet yet. nothing from support either

I haven't heard of any issues today. In the past when I sent in a question, stocks.exchange got back to me within 24 hours.
woodaxe
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April 03, 2018, 10:34:44 PM
 #1399

it's not a killer for sure... but still have efficency to price 3 times better than gpus additionaly some people claiming they sell it becouse bitmain just want to replace their farms with another generation f3 with better hashrate... it's rumors but few days ago e3 was rumor too.

My point is if someone claims that his chain is asic resistant and put funny logo on his page should put erfort to be trustful... blockchain with capitalization of 5 milion dolars is not a cheap watch bought for one dolar which is waterproof until you put it to the water....

 depends on how many they have to sell tbh they say this is the first batch and how many is that 100  1000
or more as the coin is supposed to be asic resistant i feel the devs should do something about it, its obvious that bitmain have already been using them and theres supposed to be other companys out there working on them
the devs need to sort this now  and  not  in 6 months time
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April 04, 2018, 07:18:11 AM
 #1400

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