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Author Topic: [ANN][NO-PREMINE][QuarryMN][EtherGEM] An ethereum network with a different view  (Read 15532 times)
teammoneyoz
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March 30, 2018, 06:49:52 PM
 #81

let the fudders role in Smiley
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etherhacker
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March 30, 2018, 07:09:15 PM
 #82

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.
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March 30, 2018, 07:23:38 PM
 #83

Wallet?
iceman420
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March 30, 2018, 07:30:04 PM
 #84

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.

How did you 'discover' this..?

and why is there 11M egems in that wallet when were only showing 15K....
wgd
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March 30, 2018, 07:33:57 PM
 #85

How can you mine this coin? Is Dagger Hashimoto a gpu cpu asics algo? I have never met this, thankful for the information  Huh Huh Cool
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March 30, 2018, 07:43:10 PM
 #86

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.

This was unintentional, and will be corrected. How that will be done will be released.
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March 30, 2018, 07:50:32 PM
 #87

This is really sohcking. I was interested in EGEM because it seemed like a good opportunity and a cleaner ELLA with no centralization.

But from the look of things, these guys are really scammers. They advertised no premine, but there's a huge premine as some people have already pointed out. Just check the address:

0x5abfec25f74cd88437631a7731906932776356f9

It's legit.

EGEM is really a huge nightmare after I saw this, and then looked up its history. Turns out it was originally called "ELLAGEM." But then the devs couldn't even agree on which coin they wanted to base themselves off of. So they decided to go off of the more popular ethereum, and somehow, despite all the code, they did some night hours monkeying and changed their whole coin so that it runs as an Ethereum clone instead rather than an Ella clone, so now it's EtherGem LOL.

If you don't believe me, you can see their history yourself if you research it.

And now they sneakily put in this premine... oh no....

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Dimsum222
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March 30, 2018, 08:10:38 PM
 #88

Egem was made by a few people that threw a huge hissy fit over some trivial dispute with the original Ellaism dev, cursed everyone that disagreed with them, used nasty personal insults, and hijacked the Ellaism twitter and the community funds.  They were self important jackasses that claimed to have done SO much of the work for Ellaism and "got Ellaism to where they are today". 

That's the character of the team you are dealing with, is it any wonder they would be discovered with this utter incompetence and/or straight up scam?  I want to know which one it is though, since you claim to have done SO much for Ellaism, but apparently can't even check the copy and paste code for a huge pre-mine?  Or are you guys straight up just scamming people into buying/mining/supporting your coin? 
tbates76
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March 30, 2018, 09:02:32 PM
 #89

This is really sohcking. I was interested in EGEM because it seemed like a good opportunity and a cleaner ELLA with no centralization.

But from the look of things, these guys are really scammers. They advertised no premine, but there's a huge premine as some people have already pointed out. Just check the address:

0x5abfec25f74cd88437631a7731906932776356f9

It's legit.

EGEM is really a huge nightmare after I saw this, and then looked up its history. Turns out it was originally called "ELLAGEM." But then the devs couldn't even agree on which coin they wanted to base themselves off of. So they decided to go off of the more popular ethereum, and somehow, despite all the code, they did some night hours monkeying and changed their whole coin so that it runs as an Ethereum clone instead rather than an Ella clone, so now it's EtherGem LOL.

If you don't believe me, you can see their history yourself if you research it.

And now they sneakily put in this premine... oh no....


This is just the first day. Things will be corrected. No premine. We are working out the details now. More info to follow.
tbates76
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March 30, 2018, 09:05:53 PM
 #90

Egem was made by a few people that threw a huge hissy fit over some trivial dispute with the original Ellaism dev, cursed everyone that disagreed with them, used nasty personal insults, and hijacked the Ellaism twitter and the community funds.  They were self important jackasses that claimed to have done SO much of the work for Ellaism and "got Ellaism to where they are today". 

That's the character of the team you are dealing with, is it any wonder they would be discovered with this utter incompetence and/or straight up scam?  I want to know which one it is though, since you claim to have done SO much for Ellaism, but apparently can't even check the copy and paste code for a huge pre-mine?  Or are you guys straight up just scamming people into buying/mining/supporting your coin? 


There are many things which happened, that is all in the past. Moving forward we will make things right with this oversight regarding the premine.
Dimsum222
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March 30, 2018, 09:20:50 PM
 #91

Egem was made by a few people that threw a huge hissy fit over some trivial dispute with the original Ellaism dev, cursed everyone that disagreed with them, used nasty personal insults, and hijacked the Ellaism twitter and the community funds.  They were self important jackasses that claimed to have done SO much of the work for Ellaism and "got Ellaism to where they are today". 

That's the character of the team you are dealing with, is it any wonder they would be discovered with this utter incompetence and/or straight up scam?  I want to know which one it is though, since you claim to have done SO much for Ellaism, but apparently can't even check the copy and paste code for a huge pre-mine?  Or are you guys straight up just scamming people into buying/mining/supporting your coin? 


There are many things which happened, that is all in the past. Moving forward we will make things right with this oversight regarding the premine.

How about making things right with the twitter account and the community fund?  Until then, your credibility is zero. 
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March 30, 2018, 09:26:54 PM
 #92

This is really sohcking. I was interested in EGEM because it seemed like a good opportunity and a cleaner ELLA with no centralization.

But from the look of things, these guys are really scammers. They advertised no premine, but there's a huge premine as some people have already pointed out. Just check the address:

0x5abfec25f74cd88437631a7731906932776356f9

It's legit.

EGEM is really a huge nightmare after I saw this, and then looked up its history. Turns out it was originally called "ELLAGEM." But then the devs couldn't even agree on which coin they wanted to base themselves off of. So they decided to go off of the more popular ethereum, and somehow, despite all the code, they did some night hours monkeying and changed their whole coin so that it runs as an Ethereum clone instead rather than an Ella clone, so now it's EtherGem LOL.

If you don't believe me, you can see their history yourself if you research it.

And now they sneakily put in this premine... oh no....


This is just the first day. Things will be corrected. No premine. We are working out the details now. More info to follow.

How can you just say "this is just the first day?" You sound like those wallets that got hacked and all you can say is, "lol this is just the first oversight. Dw, it'll be fixed bby."

HOW DO YOU MISS A 12 PERCENT PREMINE? Dude! Did you guys just copy and paste the ethereum code, then slap on the EGEM name?

I'm not trying to be a dick, but c'mon, you're overly downplaying this obviously huge deal.

You have, what, 10 devs on your team. All of them missed the 12% premine. I think that speaks to a lot of your competencies. I hope everyone takes note of who the core team is so they can watch out for these people in the future. It's obvious they're either highly incompetent or scammers.

Anytime any of them are on a project, make sure to scrutinize that project with enough depth and voracity to make sure there's some legitimacy.

I mean like, how does that happen? When you say there's no premine, aren't you supposed to literally check for a premine. Like, you know, using due diligence, and logic, this should be the very first step.

No other eth clones have had an issue this big... look at ETC, ELLA, and others.

Ironically, if you had just stuck with being based off of Ella, you would never have fun into this problem because Ella's code is original. But since you copied Eth's code, it came with Vitalik's original premine...

So I mean, even if this "accidental premine" is fixed. How do we know your project is legit? What if we invest or mine EGEM and waste electricity and money, and then suddenly there's some other huge hole that ends up happening because you guys didn't see it?

I will watch EGEM, because I believe some of you on the core team are truly trying to make a project worth being made. I hope you guys step it up and cover for the other devs who miss these holes.

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Rockstar1
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March 30, 2018, 09:30:18 PM
 #93


How about making things right with the twitter account and the community fund?  Until then, your credibility is zero. 

What's this about the community fund? Can you elaborate?

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March 30, 2018, 09:34:30 PM
 #94

Egem was made by a few people that threw a huge hissy fit over some trivial dispute with the original Ellaism dev, cursed everyone that disagreed with them, used nasty personal insults, and hijacked the Ellaism twitter and the community funds.  They were self important jackasses that claimed to have done SO much of the work for Ellaism and "got Ellaism to where they are today".  

That's the character of the team you are dealing with, is it any wonder they would be discovered with this utter incompetence and/or straight up scam?  I want to know which one it is though, since you claim to have done SO much for Ellaism, but apparently can't even check the copy and paste code for a huge pre-mine?  Or are you guys straight up just scamming people into buying/mining/supporting your coin?  


There are many things which happened, that is all in the past. Moving forward we will make things right with this oversight regarding the premine.

How about making things right with the twitter account and the community fund?  Until then, your credibility is zero.  

seems that something needs to be fixed here. they need to prove that this is not just another scam coin that will bite the dust of crypto.

.
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Rockstar1
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March 30, 2018, 09:42:53 PM
 #95

Looking at EGEM chat, it sounds like it's a really serious issue.

So even the core devs of PIRL and EGEm don't have access to the wallet. It's because they don't have the private key since it was originally the Eth dev's wallet in the eth code.

...that means Vitalik is sitting their comfy knowing he can move those coins cuz he has the original private key (unless he doesn't.)

...It also means if anyone tries to clone eth, Vitalik will always have that private key if the devs miss this kind of a premine.

LOL this is great.

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Dimsum222
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March 30, 2018, 10:19:22 PM
 #96


How about making things right with the twitter account and the community fund?  Until then, your credibility is zero. 

What's this about the community fund? Can you elaborate?

The Ellaism community fund is a donation based fund that is meant to be used to further the interests of the Ella community.  Some people have donated to it directly, and some through a small percentage donation through mining.  It is held in a multi signature wallet. 

The Egems devs were at one time part of the Ella dev team, and were signers to the community fund.  When they left over a disagreement, the community fund is essentially frozen since there are not enough signers to move the coins.  Instead of doing the right thing and giving back control to the community.  Since the Egems devs decided to leave the Ella coin and community behind, it would only be the fair and right thing to do to hand back control to the Ella community.  But that has not happened. 

So if you want to support the Egems project, everything will be great if you always agree with these devs, no matter what they wanna do.  But if you disagree, you can see that they have not done the right thing in the past. 

Yes, it may be "in the past" and you are "over it" and "moving forward" all that.  But I wouldn't let a "past" pedophile baby sit my kids, no matter how much they claim to be "over it", and I bet you wouldn't neither. 
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March 30, 2018, 10:23:02 PM
 #97


How about making things right with the twitter account and the community fund?  Until then, your credibility is zero. 

What's this about the community fund? Can you elaborate?

The Ellaism community fund is a donation based fund that is meant to be used to further the interests of the Ella community.  Some people have donated to it directly, and some through a small percentage donation through mining.  It is held in a multi signature wallet. 

The Egems devs were at one time part of the Ella dev team, and were signers to the community fund.  When they left over a disagreement, the community fund is essentially frozen since there are not enough signers to move the coins.  Instead of doing the right thing and giving back control to the community.  Since the Egems devs decided to leave the Ella coin and community behind, it would only be the fair and right thing to do to hand back control to the Ella community.  But that has not happened. 

So if you want to support the Egems project, everything will be great if you always agree with these devs, no matter what they wanna do.  But if you disagree, you can see that they have not done the right thing in the past. 

Yes, it may be "in the past" and you are "over it" and "moving forward" all that.  But I wouldn't let a "past" pedophile baby sit my kids, no matter how much they claim to be "over it", and I bet you wouldn't neither. 

To be fair, that doesn't sound like they stole the community fund. It just sounds like they wanted to leave Ella for good, no strings attached.

I can't really blame them? Who would the community fund go to? It would just go to the core team of Ella now (which is just Ellaismer.)

It'll probably end up being a wallet that ends up being untouched and untoucheable. Even when Ella is worth $1,000 or $500 each, it's just going to be crypto candy that people wish they had access to, but don't.

Forced hodl'ing lol.

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Dimsum222
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March 30, 2018, 10:29:29 PM
 #98


[/quote]

The Ellaism community fund is a donation based fund that is meant to be used to further the interests of the Ella community.  Some people have donated to it directly, and some through a small percentage donation through mining.  It is held in a multi signature wallet. 

The Egems devs were at one time part of the Ella dev team, and were signers to the community fund.  When they left over a disagreement, the community fund is essentially frozen since there are not enough signers to move the coins.  Instead of doing the right thing and giving back control to the community.  Since the Egems devs decided to leave the Ella coin and community behind, it would only be the fair and right thing to do to hand back control to the Ella community.  But that has not happened. 

So if you want to support the Egems project, everything will be great if you always agree with these devs, no matter what they wanna do.  But if you disagree, you can see that they have not done the right thing in the past. 

Yes, it may be "in the past" and you are "over it" and "moving forward" all that.  But I wouldn't let a "past" pedophile baby sit my kids, no matter how much they claim to be "over it", and I bet you wouldn't neither. 
[/quote]

To be fair, that doesn't sound like they stole the community fund. It just sounds like they wanted to leave Ella for good, no strings attached.

I can't really blame them? Who would the community fund go to? It would just go to the core team of Ella now (which is just Ellaismer.)

It'll probably end up being a wallet that ends up being untouched and untoucheable. Even when Ella is worth $1,000 or $500 each, it's just going to be crypto candy that people wish they had access to, but don't.

Forced hodl'ing lol.
[/quote]

So if you let a banker manage your money, you are ok that if he switches jobs to another bank, that money just stays in the bank and you can't access it anymore?  That's a responsible and grown up thing to do in your opinion? 
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March 31, 2018, 12:48:33 AM
 #99

And now they are going on twitter to try to blame this on Ellaismer, who didn't even bring it public, only on the Ellaism discord because he wanted to explain to the community why he removed mention of egems from the Ellaism web site. 

That's like committing a murder and blaming the witness for getting themselves in jail. 

Very classy, take my money, won't you? 
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March 31, 2018, 01:53:40 AM
 #100

And now they are going on twitter to try to blame this on Ellaismer, who didn't even bring it public, only on the Ellaism discord because he wanted to explain to the community why he removed mention of egems from the Ellaism web site. 

That's like committing a murder and blaming the witness for getting themselves in jail. 

Very classy, take my money, won't you? 

I don't understand the logic... so Ellaismer points out the bug, just to expose the very real premine... and they blame him for...? Being a whistleblower? Do u really want to support a coin with that kind of logic?

Coverups, false accusations, lots of irrational insults and loudmouthing, and incompetent coding too... idk.

But it's crypto, so it'll probably 10x anyway. I would buy some if anyone is selling for cheap.

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