What happened? 51% attack?!  And it was working so well.

Once we get this resolved, let's open up a marketplace

Whats next? HoudiniCoin??!

the first transaction on the Abstract Coin Block chain appears like this:


This unconfirmed transaction must be confirmed before AdamStgBit can send the coins to someone else. A transaction can be confirmed by anyone as long as they are not mentioned in the transaction, the person confirming the transaction is called the accountant. The accountant quotes the unconfirmed transaction and says "confirmed!". Only by quoting the confirmed transaction, can the recipient create an unconfirmed transaction. Each new unconfirmed transaction will contain the previous confirmed transaction, this will create a "quote chain" of confirmed transactions. The accountant can compromise the system  by editing his posts. But! If an accountant is dishonest we can fork the chain! simply by having someone else confirm the original TX and using that new confirmation in the chain.

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examples:


The first confirmed transaction will look like this

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confirmed!

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now AdamStgBit  can quote this confirmed transaction and create a new unconfirmed, like this:

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|AC8DN93M| (1AC)AdamStgBit(0.999AC) -> Hazard

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now an accountant must confirm this TX in order for Hazard to create a new unconfirmed transaction

the unconfirmed TX above can be confirmed like so

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confirmed!

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the accountant only needs to include the unconfirmed TX.
the sender must include the previously confirmed TX
and so Abstract Coin's quote chain is born.


This new protocol rule has effectively made all previous TX INVALID! So I will create a new thread outlining the new protocol and then we will reprocess the transactions one at a time starting with the genius block.

That's twice in one year I've lost all my crypt coins.

Genesis block here, bounty for first confirm...

https://bitcointalk.org/index.php?topic=219516.msg2316187#msg2316187

I want some

A list of bounties is here...

https://bitcointalk.org/index.php?topic=219516.msg2316862#msg2316862

hehe yeah you're right ^^ It just look like some kind of "forum game" which could be fun for a handful of cryptocoin geeks .but can we seriously expect to buy something with it ?

What happens if a guy with 20 accounts confirms his own transactions and then edits ALL of the posts ?  Protocol is better but still not perfect.  I think perhaps only Hero members should do confirms ?

(could admins perhaps make this non-editable?  We would in that case have a great common ledger until, of course, someone hacks bitcointalk)

Please may I have some coinz?