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Author Topic: [ANN] [$PAC] [X11] Community Governed | Masternodes | Actively Trading  (Read 43249 times)
Cookie.Monsters
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December 24, 2018, 07:52:33 PM
 #901

December 22nd digital assets market commentary

Monthly commentary across asset classes with emphasis on blockchain and analyzing investments provided by @TheOne888, one of the $PAC teams advisors, can be found here:

https://blog.paccoin.net/december-22-2018-market-commentary/
Cookie.Monsters
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December 25, 2018, 08:32:32 PM
 #902

Successful Refugee Christmas Dinner - The $PAC Charity Department Wishes everyone Merry Christmas!

$PAC, together with their partners Cripto Conserje and their new sponsor GlobalBoost, hosted a successful Christmas dinner for Venezuelan refugee families in Cúcuta Colombia combined with an art-contest for refugee children. The art that has been produced will be sold at the next Washington Elite Blockchain & A.I. Summit in Washington DC on February 1st and 2nd in 2019. After the dinner, everyone received presents and the children got lap-time with Santa Claus! Everyone was impressed when they saw Santa. They also received $PAC grab-bags filled with essential goods.
A video summarizing the event can be found here:
 
https://www.youtube.com/watch?v=3czWCGp8RhY

Among the group of refugees is a group of 5 families living together. They make a living by scavenging trash bins around the city for plastic recyclables to sell to a recycling company for money. During the evening, there was also a renowned invitee, a beatboxer named Jonathan Rincon who lives among the 5 families mentioned above. $PAC and Cripto Conserje are planning to start following these 5 families more closely and are planning to do further charity work with them. We plan to build this group into a gradually expanding vibrant community that uses crypto. We will build this with more families, more living space, more food and they will use crypto to build their own economy and get more jobs created in the process!
To read the full story, please head over to:

https://docs.google.com/document/d/1WUnwk3otRSRtvhqz1KaeoZz-Uz6AzUxLBLU3-E5_Pvk/edit?usp=sharing
Dimas8
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December 31, 2018, 11:18:24 PM
 #903

Hello. I have a problem with a PAC wallet. Does not open. Error window appears:
Incorrect or no genesis block found. Wrong datadir for network?
Please help me.
Cookie.Monsters
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January 01, 2019, 01:00:56 PM
 #904

Happy New Year!

$PAC Block structure Phase 2 is coming!

What do you need to know?

https://blog.paccoin.net/pac-block-structure-phase-2-is-almost-here/

Cookie.Monsters
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January 01, 2019, 01:08:35 PM
 #905

Hello. I have a problem with a PAC wallet. Does not open. Error window appears:
Incorrect or no genesis block found. Wrong datadir for network?
Please help me.
Hi, which version of the wallet on which OS are you using? If you are not running the current version, please install it - the current version can be found here: https://wallets.paccoin.net/.
If you are already running the current version of the desktop wallet, try restarting your device / computer. If that does not help, you could delete everything but wallet.dat, masternode.conf and paccoin executable in the wallet folder and then start the wallet again.
Before you do anything make sure you make a backup copy of your wallet.dat (and masternode.conf if you are running masternodes).
Dimas8
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January 02, 2019, 01:52:37 PM
 #906

Thanks for your reply. I have the latest version of the wallet and OS Windows7. I deleted all the files except what you said. The wallet is loaded. But my balance and transaction is not ((All blocks are synchronized to the last.
jisupol250
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January 02, 2019, 02:30:05 PM
 #907

We are added PAC for mining!

DoiPool
http://doipool.com

Code:
-a x11 -o stratum+tcp://doipool.com:3533 -u WALLET_ADDRESS -p c=PAC

Pool fee... only 1%
Welcome & Happy Mining

Donate : PKi2HdvrBGxa4B36sk6ReYhcRP4gdM3thY
Cookie.Monsters
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January 02, 2019, 06:11:32 PM
 #908

Thanks for your reply. I have the latest version of the wallet and OS Windows7. I deleted all the files except what you said. The wallet is loaded. But my balance and transaction is not ((All blocks are synchronized to the last.
What do you mean by that exactly - is your $PAC balance is zero or wrong? Are any of transactions shown or all of them are missing?
If the $PAC balance is zero and all transactions are missing, this might indicate that the wallet.dat file was newly generated (since the previous one got damaged or was missing or is in wrong folder / place / computer). In this case, I would not try to open close your wallet again until this is dealt with. Instead, I suggest you to join the $PAC discord server (https://discord.gg/Bx2HKfy) and describe your problem in the #paccore-wallet-support channel the best you can. My idea would be to recover the wallet.dat file from the backup you created before, or from backup copies created by the wallet itself (present in the "backups" folder inside the "PaccoinCore" folder). In any case, $PAC discord server is the place one has the best chance at solving the issue you have.
Cookie.Monsters
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January 02, 2019, 06:23:34 PM
 #909

Friendly update to the PAC community

Though all of you are anxious for the return of $PAC functionality on all exchanges, $PAC team needs ample time to finish our next large update properly and include all new security features and several 'quality of life' improvements. This update needs to include security measures against mining attacks, which is a challenging problem the whole crypto-space is trying to solve, not just $PAC. The $PAC developers are working tirelessly, but testing and doing the necessary updates takes time, if it's to be done right.

Here is just one example of an unstable, attackable coin being removed from an exchange just the last week. More exchanges are doing this without warning to coins that aren't looking out for their investors. $PAC is NOT going to allow itself to be a target for these chain attacks.

https://twitter.com/CryptoCurrEncyX/status/1080169572030971904

We have a short term plan in the works to hopefully give us some more time, for which one expects the exchanges will accept as an interim solution. This fix also aims to improve mining hash power on the network. This may mean a continued, but temporarily high, confirmation mode for exchange fund verification - do note that this is purely for the sake of security, and will hopefully allow improved, yet limited functionality during this period. Also, please note that this is based on exchanges accepting this short term fix, this doesn't mean that all of them will open $PAC transactions on their platforms. $PAC team realizes this is not ideal, but one needs the additional time to prepare the next updates which should increase the stability and security of the $PAC network long-term.
Dimas8
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January 04, 2019, 12:08:32 AM
Last edit: January 04, 2019, 11:30:50 AM by Dimas8
 #910

Helped me in the community. I took the very first backup file from the folder bacups. I copied it to my wallet folder and renamed it to walett.dat. Restarted wallet - and lo and behold! My wallet appeared with balance! Smiley))
Thanks for the help!
Cookie.Monsters
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January 04, 2019, 07:16:44 PM
 #911

Helped me in the community. I took the very first backup file from the folder bacups. I copied it to my wallet folder and renamed it to walett.dat. Restarted wallet - and lo and behold! My wallet appeared with balance! Smiley))
Thanks for the help!
I have thought I have briefly seen your message mentioning that you have had issues using Discord after joining the $PAC discord server; I assume you managed to solve that as well!
In any case, I am happy the $PAC wallet issue has been resolved! Smiley
Cookie.Monsters
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January 13, 2019, 10:50:41 AM
 #912

The $PAC developer update January 2019

Enjoy the detailed $PAC developer update for January 2019 - take a peek at what key network security measures are being implemented and what updates will be rolled out over the next days/weeks:

https://blog.paccoin.net/pac-development-update-jan-8th-2018/
SaniaNET
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January 14, 2019, 05:12:22 PM
 #913

SaniaNET is JUDAS
You seem to have read my posts poorly, and you can’t quite distinguish humor. I do not need anyone's coins. The division of coins meant that the distribution of coins from the DAO for stupid things is a waste of investors money, it is like just giving out coins to investors - the effect will be the same.

Your messages about your  have possession of proof  that the $PAC is a fraudulent project, and that you Destroy this coin with the information you have. Is this also humor?
As an investor, I am very interested in the availability of the information you provide and its veracity.
You need to publish proof or disprove your words.
A man is responsible for his actions and words.

Ok.

By premine was generated 3 550 000 000 coins of new $PAC (first 100 blocks)
Before June 1, 2018 (00:00 CST or 06:00 UTC) was sent to the swap address 1 711 849 758 428 coins of old paccoin - this corresponds to 1 711 849 758 coins of a new $PAC.
According to the developers, the exchange was completed on June 1, 2018.
After the swap was to remain: 3 550 000 000 - 1 711 849 758 = 1 838 150 242 $PAC
Developers also reported that of the remaining 160 000 000 coins they had kept for themselves and placed in mastenodes for marketing operations.
1 838 150 242 - 160 000 000 = 1 678 150 242 $PAC
Developers reported that after the swap remained unclaimed 280 000 000 $PAC, which are stored on this address: http://usa.pacblockexplorer.com:3002/address/PCMDEry4GTXC8s9YNkKd7UtubWzpEZDGin (280 000 000 - 251 715 372 = 28 284 628 $PAC from this amount also disappeared in an unknown direction)

TOTAL: 1 678 150 242 - 251 715 372 = 1 426 434 870 $PAC coins disappeared in an unknown direction, i.e. 1.4 billion of new $PAC

Even if we assume that in June 2018 a manual exchange in the ratio of 4000:1 also took place, then during this period before July 1, 2018 (00:00 CST or 06:00 UTC) to the swap addresses were sent 57 223 322 956 coins of old paccoin - this corresponds to 14 305 830 coins of new $PAC

TOTAL (with June 2018): 1 426 434 870 - 14 305 830 = 1 412 129 040 $PAC coins disappeared in an unknown direction.

Let's multiply this count by an approximate weighted average rate of the coin from June 2018 to January 2019 equal 0.00000050 BTC

1 412 129 040 * 0.00000050 = 706 BTC of investor investments disappeared in an unknown direction.

At the average rate of BTC from June 2018 to January 2019 equal 5000 USD we get about 3.5 million USD disappeared in an unknown direction.

Think about this digit. 3.5 million USD are gone in an unknown direction.

After that, you still have doubts for what reason the value of the coin dropped 200 times?

--

You can independently verify all these calculations by summing up the incoming to the swap addresses of the coin. Link to the program (Qt + QJsonRpc) by compiling and running which you can get these numbers.
PAC_Helper
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January 19, 2019, 11:13:56 PM
 #914

SaniaNET is JUDAS
You seem to have read my posts poorly, and you can’t quite distinguish humor. I do not need anyone's coins. The division of coins meant that the distribution of coins from the DAO for stupid things is a waste of investors money, it is like just giving out coins to investors - the effect will be the same.

Your messages about your  have possession of proof  that the $PAC is a fraudulent project, and that you Destroy this coin with the information you have. Is this also humor?
As an investor, I am very interested in the availability of the information you provide and its veracity.
You need to publish proof or disprove your words.
A man is responsible for his actions and words.

Ok.

By premine was generated 3 550 000 000 coins of new $PAC (first 100 blocks)
Before June 1, 2018 (00:00 CST or 06:00 UTC) was sent to the swap address 1 711 849 758 428 coins of old paccoin - this corresponds to 1 711 849 758 coins of a new $PAC.
According to the developers, the exchange was completed on June 1, 2018.
After the swap was to remain: 3 550 000 000 - 1 711 849 758 = 1 838 150 242 $PAC
Developers also reported that of the remaining 160 000 000 coins they had kept for themselves and placed in mastenodes for marketing operations.
1 838 150 242 - 160 000 000 = 1 678 150 242 $PAC
Developers reported that after the swap remained unclaimed 280 000 000 $PAC, which are stored on this address: http://usa.pacblockexplorer.com:3002/address/PCMDEry4GTXC8s9YNkKd7UtubWzpEZDGin (280 000 000 - 251 715 372 = 28 284 628 $PAC from this amount also disappeared in an unknown direction)

TOTAL: 1 678 150 242 - 251 715 372 = 1 426 434 870 $PAC coins disappeared in an unknown direction, i.e. 1.4 billion of new $PAC

Even if we assume that in June 2018 a manual exchange in the ratio of 4000:1 also took place, then during this period before July 1, 2018 (00:00 CST or 06:00 UTC) to the swap addresses were sent 57 223 322 956 coins of old paccoin - this corresponds to 14 305 830 coins of new $PAC

TOTAL (with June 2018): 1 426 434 870 - 14 305 830 = 1 412 129 040 $PAC coins disappeared in an unknown direction.

Let's multiply this count by an approximate weighted average rate of the coin from June 2018 to January 2019 equal 0.00000050 BTC

1 412 129 040 * 0.00000050 = 706 BTC of investor investments disappeared in an unknown direction.

At the average rate of BTC from June 2018 to January 2019 equal 5000 USD we get about 3.5 million USD disappeared in an unknown direction.

Think about this digit. 3.5 million USD are gone in an unknown direction.

After that, you still have doubts for what reason the value of the coin dropped 200 times?

--

You can independently verify all these calculations by summing up the incoming to the swap addresses of the coin. Link to the program (Qt + QJsonRpc) by compiling and running which you can get these numbers.


Hello SaniaNet,

You forgot 1 thing in your calculation and that is that there was on exchange redemption on Cryptopia, Yobit and Tradesatoshi. Wich all had a big volume so they had a lot of coins. Here are the calculations:

Premine 3.550.000.000
You claim there is 1.711.849.758.428 PAC redeemed before june 1st that is 1.711.849.758 $PAC (seems right)
3.550.000.000-1.711.849.758 = 1.838.150.242
160.000.000 split accross 4 founders for the expenses they have made (https://blog.paccoin.net/paccoin-pac-redemption-update-improving-founding-member-transparency/)
1.838.150.242 - 160.000.000 = 1.678.150.242 $PAC
With june redemption 4000:1.
1.678.150.242 - 14.305.830 = 1.663.844.412 $PAC
On exchange redemptions: about 1.375.000.000 $PAC
1.663.844.412 - 1.375.000.000 = 288.844.412 $PAC what went to treasury for operational costs as shown in this post: https://www.reddit.com/r/PACcoinOfficial/comments/8wvkqt/the_paccoin_to_pac_redemption_is_officially_closed/

Kind Regards,
Koen Peters
Koen@paccoin.net

SaniaNET
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January 20, 2019, 05:38:07 PM
 #915


Hello SaniaNet,

You forgot 1 thing in your calculation and that is that there was on exchange redemption on Cryptopia, Yobit and Tradesatoshi. Wich all had a big volume so they had a lot of coins. Here are the calculations:

Premine 3.550.000.000
You claim there is 1.711.849.758.428 PAC redeemed before june 1st that is 1.711.849.758 $PAC (seems right)
3.550.000.000-1.711.849.758 = 1.838.150.242
160.000.000 split accross 4 founders for the expenses they have made (https://blog.paccoin.net/paccoin-pac-redemption-update-improving-founding-member-transparency/)
1.838.150.242 - 160.000.000 = 1.678.150.242 $PAC
With june redemption 4000:1.
1.678.150.242 - 14.305.830 = 1.663.844.412 $PAC
On exchange redemptions: about 1.375.000.000 $PAC
1.663.844.412 - 1.375.000.000 = 288.844.412 $PAC what went to treasury for operational costs as shown in this post: https://www.reddit.com/r/PACcoinOfficial/comments/8wvkqt/the_paccoin_to_pac_redemption_is_officially_closed/

Kind Regards,
Koen Peters
Koen@paccoin.net


My calculations are based on the rules of exchange agreed upon by the community. Everyone can check my calculations by himself.
If the swap with the exchanges did not go according to the rules, how can you confirm that exactly 1 375 000 000 $PAC coins were sent to the exchanges? What identifiers of the relevant transactions and confirmation that these transactions belong to the exchanges?
Santibanes
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January 21, 2019, 04:18:40 AM
 #916

Hello SaniaNet, this is your hobby, what answer will satisfy you?
SaniaNET
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January 21, 2019, 05:47:39 AM
 #917

Hello SaniaNet, this is your hobby, what answer will satisfy you?

$PAC is a community opensource project. I cite specific facts, specific numerical values. And where did the numbers from the team representative come from - an open question, why 1 375 000 000 $PAC, and not 1 600 000 000 $PAC or 600 000 000 $PAC for example? Where is the confirmation of this? Why should we believe unsubstantiated numerical values, provided by some unknown person?
Santibanes
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January 21, 2019, 10:01:59 AM
 #918

Many members of the $PAC team have long been public, and have a good reputation. You need to know more about $PAC from official sources, and then ask. I am sure that   you'll get  provide the evidence that you require. The team works hard, and in the near future we will see the results of their work.
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January 21, 2019, 05:14:56 PM
 #919


To the $PAC Team, keep up the good work, quality will prove itself the real yardstick of success. You guys will be best.
PAC_Helper
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January 23, 2019, 07:16:27 PM
 #920


Hello SaniaNet,

You forgot 1 thing in your calculation and that is that there was on exchange redemption on Cryptopia, Yobit and Tradesatoshi. Wich all had a big volume so they had a lot of coins. Here are the calculations:

Premine 3.550.000.000
You claim there is 1.711.849.758.428 PAC redeemed before june 1st that is 1.711.849.758 $PAC (seems right)
3.550.000.000-1.711.849.758 = 1.838.150.242
160.000.000 split accross 4 founders for the expenses they have made (https://blog.paccoin.net/paccoin-pac-redemption-update-improving-founding-member-transparency/)
1.838.150.242 - 160.000.000 = 1.678.150.242 $PAC
With june redemption 4000:1.
1.678.150.242 - 14.305.830 = 1.663.844.412 $PAC
On exchange redemptions: about 1.375.000.000 $PAC
1.663.844.412 - 1.375.000.000 = 288.844.412 $PAC what went to treasury for operational costs as shown in this post: https://www.reddit.com/r/PACcoinOfficial/comments/8wvkqt/the_paccoin_to_pac_redemption_is_officially_closed/

Kind Regards,
Koen Peters
Koen@paccoin.net


My calculations are based on the rules of exchange agreed upon by the community. Everyone can check my calculations by himself.
If the swap with the exchanges did not go according to the rules, how can you confirm that exactly 1 375 000 000 $PAC coins were sent to the exchanges? What identifiers of the relevant transactions and confirmation that these transactions belong to the exchanges?


Hello,

What i mean with 'on exchange redemption' is the swap of coins that happend on the exchanges Cryptopia, Yobit and Trade Satoshi.
The old PAC that was on the exchange got swapped to $PAC by the exchanges.

Cryptopia: 822.769.874 $PAC  PEm7qsX6onMThpiQSr7o3aTRW819qr3q72
Yobit: 370.997.069 $PAC  PUs8VaA7zG9C7YxSvUoQg7C2weNPi3xi86
Trade Satoshi: around 100mil, waiting on the address to show it.

Those are the addresses we sent the coins to for the on exchange redemption. the exchanges distributed the coins to their users holding old PAC.

I hope this explains it. If you have any questions you can always email me.

Kind Regards,
Koen Peters
Koen@paccoin.net
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