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Author Topic: How are the new solidcoin accounts mached to old accounts?  (Read 3744 times)
EskimoBob (OP)
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September 15, 2011, 11:25:13 AM
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3) Currently it is most likely that a new genesis block will be formed with 1128000 + fee coverage SolidCoins in it. This amount comes from the fact that 35250 blocks have thus far been generated and there was 32 coins in each block. 35250*32 = 1128000 . These coins will then be distributed to owners of coins on the old network either using an automated service that looks at each address with a positive balance in the old chain and sends funds or a wallet balance service where a wallets entire balance is sent to one address (results in smaller chain than other method).

I do not understand, how is this actually done. You can not just start a new fork with a new chain/genesis block and use existing wallets and existing account numbers.
You have NO idea what my new account number is going to be so how are they matched?

One thing is for sure, this redistribution circus must be audited by community and make sure that everyone gets back the coin they had and nothing gets stolen by RealSolid/CoinHunter.
Hopefully by that time there till is backup of existing transfers in human readable and searchable form.




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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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September 15, 2011, 11:28:25 AM
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You can send the balance to each address.
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September 15, 2011, 11:33:16 AM
 #3

Spacy, could you elaborate on the procedure ?

Let's say I have an old_solidcoin wallet.dat with 10 solidcoinses "in it".

Let's say I download and start New_Solidcoin's client.

How do I proceed about getting 10 New_Solidcoins in my New_Solidcoin's wallet.dat ? Or is that supposed to happen automagically ?

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September 15, 2011, 11:33:47 AM
 #4

You can send the balance to each address.
To what address? Lets say I have 10 accounts in solidcoin1 and total balance of 10 000 SLC.
How do you know what is my account number in solidcoin 2.0? It has a different chain so it will have completely new account addresses in this new "network".
Have I misunderstood something?

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September 15, 2011, 11:35:26 AM
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If you look at the blockchain each address has a balance of >= 0. This doesn't use any "wallet-thing", just plain addresses.
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September 15, 2011, 11:36:54 AM
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Um, I smell fish.

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September 15, 2011, 11:37:52 AM
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Um, I smell fish.

Is that you? Pissed of because noone want's to support your "experimental chain"?
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September 15, 2011, 11:44:34 AM
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Um, I smell fish.

Is that you? Pissed of because noone want's to support your "experimental chain"?

I am hardly pissed - in fact, for something less than a week old, Geist is doing decently given that I am not paying people to spam twitter (maybe I should, lol...).

However, I am genuinely interested how do you distribute funds between two unrelated blockchains without having access to the key material found in wallet.dat of the person who "owns" the coins in the "old" chain.

I would like to have a succinct and technically accurate description of this process posted, since it seems quite ingenious a development.

 

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September 15, 2011, 11:46:57 AM
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However, I am genuinely interested how do you distribute funds between two unrelated blockchains without having access to the key material found in wallet.dat of the person who "owns" the coins in the "old" chain.

I would like to have a succinct and technically accurate description of this process posted, since it seems quite ingenious a development.

You are developing a blockchain and can't answer that questions? ^^
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September 15, 2011, 11:50:02 AM
 #10

Oh, don't be coy.

I'm sure I'm not the only one interested in how exactly does one go about it in SC-Neo.

In fact, at least the thread starter is as interested as I am.

Be a pal and enlighten us two. With your superior understanding, explaining it in an accurate and exhaustive manner should not be that hard.

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September 15, 2011, 11:52:56 AM
 #11

Some initial wallet gets all the money in the genesis block, and then sends the last balance of the stopped blockchain to each address? ;-)
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September 15, 2011, 11:53:39 AM
 #12

Simple - you use the same addresses as in the old block chain.
Then when you connect for the first time - use your old wallet.dat.

Which points out that the whole thing is a scam.
Use the old block-chain - why create a new block-chain?
No need for a new block chain at all ... unless CoinHunter wants to get a shit load of coins in block 0 without mining and pretend he deserves them for free.
(as I said elsewhere - the same scam the GG block-chain did - but CoinHunter wasn't smart enough to do the first time - so he now wants to do it and pretend he needs to restart the block-chain so he can do it)

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September 15, 2011, 11:58:29 AM
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This whole thing is just a giant mess and I honestly don't understand why anyone is paying coinhunter the slightest bit of attention.   The guy's a fruitloop.
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September 15, 2011, 12:02:11 PM
 #14

Ah, now I see. Thanks Smiley

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September 15, 2011, 12:27:09 PM
 #15

However, I am genuinely interested how do you distribute funds between two unrelated blockchains without having access to the key material found in wallet.dat of the person who "owns" the coins in the "old" chain.

I would like to have a succinct and technically accurate description of this process posted, since it seems quite ingenious a development.

You are developing a blockchain and can't answer that questions? ^^

Hehe you make a good point spacy. Smiley

Each address in the old SC blockchain has a balance which varies over the chain length. The balance at block 35250 for each address will be what we give people back in the new chain. All the history is in the blockchain that we and everyone else has.

The reason for starting with a fresh genesis block is it clears the chain of the transaction spam from artforz and co, whilst also making the code easier to update in the future as we have a new protocol. The method used to give funds back to the thousands of users is still being discussed, but I am sure if there is any "stuff up" then people will have a right to be be annoyed.

It's kinda hard to con thousands of people Eskimo, even though I'm sure you would be so secretly delighted if I was such a scammer, "I told you so guys , total scammer this guy!!!!". You are a ghoul and I hope if you do have any SolidCoins you sell them immediately when v2.0 is released.

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September 15, 2011, 12:31:26 PM
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It's kinda hard to con thousands of people Eskimo, even though I'm sure you would be so secretly delighted if I was such a scammer, "I told you so guys , total scammer this guy!!!!". You are a ghoul

Oh my... Sad

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September 15, 2011, 12:37:59 PM
 #17

So how long do people have to claim their coins?  1 yr?  5 yrs?

What happens to unclaimed coins after this period?

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September 15, 2011, 12:38:30 PM
 #18

However, I am genuinely interested how do you distribute funds between two unrelated blockchains without having access to the key material found in wallet.dat of the person who "owns" the coins in the "old" chain.

I would like to have a succinct and technically accurate description of this process posted, since it seems quite ingenious a development.

You are developing a blockchain and can't answer that questions? ^^

Hehe you make a good point spacy. Smiley

Each address in the old SC blockchain has a balance which varies over the chain length. The balance at block 35250 for each address will be what we give people back in the new chain. All the history is in the blockchain that we and everyone else has.

The reason for starting with a fresh genesis block is it clears the chain of the transaction spam from artforz and co, whilst also making the code easier to update in the future as we have a new protocol. The method used to give funds back to the thousands of users is still being discussed, but I am sure if there is any "stuff up" then people will have a right to be be annoyed.

It's kinda hard to con thousands of people Eskimo, even though I'm sure you would be so secretly delighted if I was such a scammer, "I told you so guys , total scammer this guy!!!!". You are a ghoul and I hope if you do have any SolidCoins you sell them immediately when v2.0 is released.

Being vague doesn't work either.

How many transactions are there that "artforz and co" created out of the 35,250.
And what are the block numbers they are in and what are the transaction numbers?
Since there will be a specific detail about these transactions, it will be simple for you to answer this question ... if you are any good at writing SIMPLE software (could do it in PHP pretty easily so no reason to even have to write real code)

The spam that caused SC to fail temporarily was small ... and since that is your excuse, then you should ALREADY have the details of your excuse ...

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September 15, 2011, 12:42:54 PM
 #19

So how long do people have to claim their coins?  1 yr?  5 yrs?

Depends on method chosen. If automatic, all the coins, whether lost or not will go to the addresses as outlined in the chain. If manual wallet processing is done.....

What happens to unclaimed coins after this period?

I'm not sure how long we will wait if manual processing is done. Likely a few months. Any unused coins at that point would go into the CPF. If people later came forward to collect with valid wallets the CPF would fund it anyhow. I don't think it would be right to not give people back valid amounts at any time in the future. One of the advantages of having a CPF.

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September 15, 2011, 12:45:59 PM
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The spam that caused SC to fail temporarily was small ... and since that is your excuse, then you should ALREADY have the details of your excuse ...

I likely shouldn't respond to your post as I've already read numerous posts from you trolling myself and the project however I'll give you the benefit of the doubt....

The spam isn't what caused SC to fail, it was the potential for a 51% attack to wipe out the exchanges of their USD and BTC which made me shut down the network. Rather than have people robbed blind by hackers like Artforz I will shut down the network until I have solved that problem.

All Bitcoin forks and bitcoin itself suffer from the same problem, and no exchange owner that is intelligent will support an alt chain for the foreseeable future as the hackers are now coordinating mining efforts to rob them of all their worth.

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September 15, 2011, 12:50:18 PM
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The spam that caused SC to fail temporarily was small ... and since that is your excuse, then you should ALREADY have the details of your excuse ...

I likely shouldn't respond to your post as I've already read numerous posts from you trolling myself and the project however I'll give you the benefit of the doubt....

The spam isn't what caused SC to fail, it was the potential for a 51% attack to wipe out the exchanges of their USD and BTC which made me shut down the network. Rather than have people robbed blind by hackers like Artforz I will shut down the network until I have solved that problem.

All Bitcoin forks and bitcoin itself suffer from the same problem, and no exchange owner that is intelligent will support an alt chain for the foreseeable future as the hackers are now coordinating mining efforts to rob them of all their worth.
But that just says you have no reason to start a new block-chain.
Thus continue to use the old one.

... and I should add - where are these troll posts?
Most of my posts are based on facts that you seem to want to hide.

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September 15, 2011, 12:53:39 PM
 #22

But that just says you have no reason to start a new block-chain.
Thus continue to use the old one.

If you can read my other posts you will find that SC 2.0 has a new protocol. Supporting both the older (and insecure Bitcoin) protocol and the newer protocol introduces code bloat and more potential for bugs. ie It will take longer to get back running , combined with the issues in the old chain (spam increasing chain size).

Starting completely fresh isn't so bad, provided all existing coin owners get their coins back, that's what they care about. The general user doesn't want to know how a problem is solved, they just want their coins to be secure and for the program to work. So that is what I'm aiming to achieve, the old protocol cannot achieve that.


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September 15, 2011, 12:55:20 PM
 #23

Will you publish some, I dunno, reasonably concise description of the new protocol, especially improvements introduced ?

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September 15, 2011, 01:04:58 PM
 #24

Will you publish some, I dunno, reasonably concise description of the new protocol, especially improvements introduced ?

Aye, a paper will be released before the final release, but after initial beta testing. Arguments can then be made against or for it and we will go from there.

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September 15, 2011, 01:08:41 PM
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Oky, looking forward to it.

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September 15, 2011, 01:21:04 PM
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But that just says you have no reason to start a new block-chain.
Thus continue to use the old one.

If you can read my other posts you will find that SC 2.0 has a new protocol. Supporting both the older (and insecure Bitcoin) protocol and the newer protocol introduces code bloat and more potential for bugs. ie It will take longer to get back running , combined with the issues in the old chain (spam increasing chain size).......

Let me get this straight. You will support the old "vulnerable" chain? So what you are actually saying is that one can perform a "time travel" attack in old chain and rewrite the history, so to say...

And wtf do you mean buy  "Depends on method chosen. If automatic, all the coins, whether lost or not will go to the addresses as outlined in the chain. If manual wallet processing is done....."

Who chooses the method? If anything, it MUST be done automatically or not at all. There cant be any "left over" coins that you and can just pocket for "future good use".

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September 15, 2011, 01:26:35 PM
 #27

Urgently, BTCEx should rewrite old SC chain to give himself a billionteen coins, then claim "compensation", lol Wink

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September 15, 2011, 01:31:38 PM
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3) Given that the new chain will introduce the concept of coin regeneration (fixed non % based growth), automated would likely be best since lost coins will find their way back into circulation by being replaced with newly mined coins.


Oh, "coin regeneration", that's how you marketing-speak it.

Thanks, I was struggling to convey "7 coins are minted with each Geist block forever, with no upper limit" in three English words or less  Wink

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September 15, 2011, 01:45:32 PM
 #29

Well, all can I say is "cool" and "Can I use your description on Geist frontpage when it goes up, please?" Cheesy

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September 15, 2011, 01:52:13 PM
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Urgently, BTCEx should rewrite old SC chain to give himself a billionteen coins, then claim "compensation", lol Wink

I suppose his client is disconnected from the network and doesn't accept new blocks. So his backup of the blockchain should be fine...
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September 15, 2011, 01:53:59 PM
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(...)The reason for starting with a fresh genesis block is it clears the chain of the transaction spam from artforz and co, whilst also making the code easier to update in the future as we have a new protocol.(...)

What future?! What you're saying and doing is so retarded that I'll feel sorry for any idiot who downloads your software.

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September 15, 2011, 01:57:40 PM
 #32


1) ditto - should be exciting to see the new changes


If https://github.com/doublec/solidcoin/commits/ is any indication, I can *hardly* contain myself!

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September 15, 2011, 02:05:37 PM
 #33

(...)The reason for starting with a fresh genesis block is it clears the chain of the transaction spam from artforz and co, whilst also making the code easier to update in the future as we have a new protocol.(...)

What future?! What you're saying and doing is so retarded that I'll feel sorry for any idiot who downloads your software.

the sheer eloquence  and substance of your rebuttal in impeccable. It really makes you think. I'm glad someone sat down and explained exactly what the problems are with the new changes realsolid is doing rather than what i have come to expect from this forum, something more under the category of "your a poopy head and I'm not inviting you to my birthday"

thanks for renewing my faith in the forums.

mooo for rent
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September 15, 2011, 03:56:11 PM
 #34

Good thing Solidcoin isn't being managed by a central authority. Cheesy

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September 15, 2011, 04:10:05 PM
 #35

Good thing Solidcoin isn't being managed by a central authority. Cheesy

Good thing Bitcoin isn't being managed by a central authority and allegedly backed by a corporate sponsor.   Roll Eyes

Who is the central authority?  Who is the corporate sponsor?

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September 15, 2011, 04:17:03 PM
 #36

Will you publish some, I dunno, reasonably concise description of the new protocol, especially improvements introduced ?

Aye, a paper will be released before the final release, but after initial beta testing. Arguments can then be made against or for it and we will go from there.

It will be posted on the website. It will be called something like 'How Solidcoin 2.0 Is Ready For The Bitcoin Failure'. Just like the last one it will be mostly fluff and lack any technical detail.

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September 15, 2011, 04:21:14 PM
 #37

Who is the central authority?  Who is the corporate sponsor?

Gavin and co.

And I said alleged - meaning I don't have the evidence and it could be just rumor and I'm not wasting my time to search for it, but the term alleged is my honesty up front with that.... ultimately I don't care even if it is.

Gavin does not control bitcoin, he is a developer working on software for it. That is contributing to bitcoin, not the controlling of bitcoin. By "and co" I presume you mean the other people who develop software for bitcoin. Again, that is contributing to not controlling bitcoin. If you don't like their software for bitcoin, write your own software for bitcoin.

As for alleged sponsoring of bitcoin by a corporation, why did you even bring it up if you had no evidence at all? And who cares if a corporation donates time or money to bitcoin?

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September 15, 2011, 09:28:13 PM
 #38

So what'll happen to the people who's coins are tied up at exchanges?    By this method I assume the coins will be sent to the exchange wallet and then they'll have to work out what belongs where.  Not sure that's going to work.

Looks like mooncoin is dead anyway so I guess those coins are lost.
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September 15, 2011, 09:31:05 PM
 #39

So what'll happen to the people who's coins are tied up at exchanges?    By this method I assume the coins will be sent to the exchange wallet and then they'll have to work out what belongs where.  Not sure that's going to work.

Looks like mooncoin is dead anyway so I guess those coins are lost.

Not only lost, but if moonco faked his ICE seizure like is being rumoured, he'll profit -doubly- from CH's mismanagement.

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September 15, 2011, 09:33:05 PM
 #40

So what'll happen to the people who's coins are tied up at exchanges?    By this method I assume the coins will be sent to the exchange wallet and then they'll have to work out what belongs where.  Not sure that's going to work.

Looks like mooncoin is dead anyway so I guess those coins are lost.

Not only lost, but if moonco faked his ICE seizure like is being rumoured, he'll profit -doubly- from CH's mismanagement.

The more the Solidcoin saga goes on the more messed up it gets. I'm not sure how coinhunter can think that after all of these issues that this currency will be a viable one for any extended period of time.

I concur SC is dead.

Unless someone wants to start a new blockchain?
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September 15, 2011, 09:39:33 PM
 #41

Who is the central authority?  Who is the corporate sponsor?

Gavin and co.

And I said alleged - meaning I don't have the evidence and it could be just rumor and I'm not wasting my time to search for it, but the term alleged is my honesty up front with that.... ultimately I don't care even if it is.
Ha this shows your true colours.
Trying to create a rumour against Bitcoin without any facts at all.
Not even a source for the "rumour"

Meanwhile ... I'm still not seeing any reason to restart the block-chain.

I guess some people may be OK with this FUD "new protocol" excuse but you really need to get your terms correct.
The Block-Chain is the equivalent of a database and the format of the data is, well, pretty simple.

The code changes to fix these problems have nothing to do with resetting the block-chain ...

Edit: but I am certainly expecting a fake excuse made up for this anyway ... we'll see I guess

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September 15, 2011, 09:40:07 PM
 #42

Maybe I should buy all the solidcoins from all the Solidcoin users at 1 Geist per 1 Solidcoin ?

Geist Geld, the experimental cryptocurrency, is ready for yet another SolidCoin collapse Wink

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September 15, 2011, 09:42:16 PM
 #43

Maybe I should buy all the solidcoins from all the Solidcoin users at 1 Geist per 1 Solidcoin ?

100 Geist per SC? No thx ^^
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September 15, 2011, 09:45:27 PM
 #44

Well, I wouldn't give 100 geist per 1 SC tbh.

But the 1-to-1 offer stands Cheesy [and will remain so up to Solidcoin 2.0 launch + 7 days]  Grin

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September 15, 2011, 11:50:19 PM
 #45

Gavin and co.

And I said alleged - meaning I don't have the evidence and it could be just rumor and I'm not wasting my time to search for it, but the term alleged is my honesty up front with that.... ultimately I don't care even if it is.
Ha this shows your true colours.
Trying to create a rumour against Bitcoin without any facts at all.
Not even a source for the "rumour"

Edit: but I am certainly expecting a fake excuse made up for this anyway ... we'll see I guess

Actually Dipshit you can see just a couple posts above your reply I decided to do some basic research and yes it is true.  Finish reading before you spew forth trash dumbass.

I just realized a 5 second google search would likely provide at least 1 credible hit....  http://www.trucoin.com/?p=80 it would appear and maybe I am wrong but they are not just donating they are employing these people, what happens when the boss wants feature xyz implemented, you say no or get fired?
LOL - yes continuing the FUD - you call that a corporate sponsor and a central authority?
Look again.

Is there a reason you removed this from your reply Smiley
Quote
Who is the central authority?  Who is the corporate sponsor?

Heh and your reply also makes it obvious ... name calling - oh I am so upset I could just give in to believing this trash you spew forth Cheesy

... still awaiting the fake excuses for the block-chain restart Smiley

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September 16, 2011, 06:33:29 AM
 #46

viperjbm, are you a new spoke person for SLC?
I still don't see any detailed explanation why new chain is actually needed.
I was reading your kool-aid sponsored "home page" forum. There is a lot of half truths and hot air blown up your gullible fanboys asses. This is not working here too well.

So, after 3 pages of bullshit:

1) why is new chain necessary - unclear 
2) how are old coins are matched to new ones - unclear

Please, stop waisting your own and readers time with half truths and bullshit. Give a clear and technically correct answers or just shut up.

Rest of you dipshits, if you have nothing valuable to add, go troll somewhere else.

Coinhunter, how do you answer those 2 questions (NB! keep all your meaningless crap like provocations and FUD spreading bullshit to your self. Please, do not try to be funny or cute, you fail)

If you can not give technically sound and believable explanations, you have obviously failed in every imaginable level and you are a just a liar who has wasted everybody's time.

Coinhunter, how do you answer those 2 questions? (rest of you, just shut up and wait!)


thank you.

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September 16, 2011, 06:50:42 AM
 #47

I hope he takes my advice, and end the mining.  Start the current chain with the new fee system minus the 32. 
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September 16, 2011, 01:15:30 PM
 #48

Had a brief chat with RealSolid in IRC (I had to leave early) ... was unexpectedly uneventful.

He did mention some changes to the block-chain worth considering in a NEW chain,
(e.g. limit the size of coinbase to stop luke-jr etc from adding more sizeable SPAM in there - though of course you'd need an exception in block zero since block zero should always have something of interest in there)
however, neither mentioned are required for security reasons and thus I still know no real reason why the wipe and restart is necessary.

I also keep thinking about the irony of the statements made about how much better SC was than BTC ...

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September 16, 2011, 01:43:22 PM
 #49

So what'll happen to the people who's coins are tied up at exchanges?    By this method I assume the coins will be sent to the exchange wallet and then they'll have to work out what belongs where.  Not sure that's going to work.

Looks like mooncoin is dead anyway so I guess those coins are lost.

Thanks to the restart many situations are possible. It's very unlikely we will have another chance for a restart in the future, and the new protocol should protect us from all known attacks to a much greater extent than any other chain.

The situation with mooncoin exchange is this, we know his large deposit addresses, if he does not help his customers soon we will merely blacklist those addresses and manually handle the requests of users of that exchange. There are certain methods we can use to track coins in and out, combined with hopefully honest people it will get resolved to most peoples satisfaction. Hopefully mr_moon returns and provides his wallet so that his users can get all the coins back without any issue. That is the ideal situation.

To those complaining about our ability to protect some of our users from fraud, it is a luxury that a chain restart allows. If we had frequent chain restarts then it isn't good for the currency, so we will obviously try to avoid any restarts going forward, SC 2.0 should be the last restart. Furthermore evidence is being gathered to determine the identity of Mr_moon so hopefully that can be resolved soon also for those affected by the BTC and NMC parts. Unfortunately there isn't much I can do to those people who lost BTC/NMC. And if it wasn't for the SC restart, there wouldn't be anything I could do for SC users either. We are working with some trustworthy exchanges that will be open when v2.0 is released. So we will have less of these issues going forward.

Try SolidCoin or talk with other SolidCoin supporters here SolidCoin Forums
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September 16, 2011, 02:27:26 PM
 #50

"we will reset the chain"
"we will blacklist addresses"
"we will protect from fraud"
"we will do amazing never seen thing" (unless you already had use paypal that is)

CH: Your "fuck up counter" is beyond red line. Take a vacation, refresh your mind... "solidcoin" is anything but "solid" is a cracked piece of junk now.

Here's how to process the "redistribution":

- CH or one of his associates gather all the 1 M SC from that 1st block wallet at the excuse "1 M has been mined before" and then you probably need to contact that guy giving your previous and new SC addresses.

First issue:
Anonymity - ZERO

Second issue:
You'll be logged by that person, so he can also match your previous transactions to the coins you hold.

Third issue:
Not everybody will come claim the coins, so the remains will stand on CH hands.

You're a sort of "Steve Jobs" of cryptocurrencies aren't you? I wonder if you aren't thinking about include a mandatory update checking/installing function in your scamcoin, if so make it better, if the user sets a proxy, like Tor, make the function bypass it... after all you're "the king of the scamcoin" and you need to know your "sitting ducks"... sorry... users.  Tongue

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September 16, 2011, 02:59:06 PM
 #51



Unfortunately there isn't much I can do to those people who lost BTC/NMC. And if it wasn't for the SC restart, there wouldn't be anything I could do for SC users either.

You can't do anything as well about the SC that people BOUGHT with BTC on the exchange, before the shutdown, and stayed in their exchange accounts. This obviously is not in the blockchain but in Mr.Moon's database

Or are you going to return them to those others who deposited them in the exchange in the first place? Therefore STEALING them from those who legitimately purchased them?

So all those "lucky" others who deposited their mined SC on Moonco.in, and were lucky to exchange them for BTC and take the BTC out of the exchange before it shut down, will be rewarded by having their SC back?

I hope you do understand that this means you are actually rewarding Solidcoin-dumpers-for-BTC and sticking it up to those who might have wanted to invest in the future of Solidcoin by transferring BTC and buying SC on Moonco.in.

I also hope that the above example shows that restart of the chain coupled with redistribution of the coins from a central point creates many-many f*** ups which you probably haven't thought about as well.

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September 16, 2011, 05:32:51 PM
 #52



Unfortunately there isn't much I can do to those people who lost BTC/NMC. And if it wasn't for the SC restart, there wouldn't be anything I could do for SC users either.

You can't do anything as well about the SC that people BOUGHT with BTC on the exchange, before the shutdown, and stayed in their exchange accounts. This obviously is not in the blockchain but in Mr.Moon's database

Or are you going to return them to those others who deposited them in the exchange in the first place? Therefore STEALING them from those who legitimately purchased them?

So all those "lucky" others who deposited their mined SC on Moonco.in, and were lucky to exchange them for BTC and take the BTC out of the exchange before it shut down, will be rewarded by having their SC back?

I hope you do understand that this means you are actually rewarding Solidcoin-dumpers-for-BTC and sticking it up to those who might have wanted to invest in the future of Solidcoin by transferring BTC and buying SC on Moonco.in.

I also hope that the above example shows that restart of the chain coupled with redistribution of the coins from a central point creates many-many f*** ups which you probably haven't thought about as well.

+1

And how about those users that transferred SC from a pool to the exchange directly. Are you going to be sending SC to the pool?

Making these decisions to taking coins from a bad exchange and give it back to the people might seem like the right thing to do. But what makes you the dictator to be able to make this decision? This is supposed to be a decentralized currency. Not just a currency where one person can decide to shutdown the network, restart it in 2 weeks with a new version, and have all coins redistributed as he sees fit. Imagine if bitcoin was restarted after the mybitcoin theft to redistribute the bitcoins that mybitcoin stole!

If you really want to distribute it, then distribute it to exactly to those same addresses that held the coin in the old blockchain.

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September 16, 2011, 06:19:16 PM
 #53

If you really want to distribute it, then distribute it to exactly to those same addresses that held the coin in the old blockchain.

Unlike Bitcoin, Solidcoin ain't decentralized, it's centralized over its "creator and dictator".
If he was really up to do something right, he would simply tell the people to keep their wallet.dat files and funds will be there on restart.
However SC clearly looks to be no more than his pump-and-dump scam.

To not mention the obvious; SC1 was about 0.01 btc, SC2 will worth 0.0000001 btc if someone will be dumb enough to put even a bitcent on some solidcoin exchange to show up in the future...

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EskimoBob (OP)
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September 16, 2011, 09:02:22 PM
 #54

So, as a conclusion we can say:
1) There is absolutely NO reason to fuck with existing chain - There is no need for SLC 2.0.
2) Dipshit and Co. (CoinHunter/Solitcoin etc) can actually fix the solidcoin 1. code and make it attack proof but this will not help Solidcoin to scam few hundred thousand coins for himself. He needs solidcoin 2.0 an you, kool-aid drinking fool, to pull this off!



While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
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September 16, 2011, 11:30:01 PM
 #55

So what'll happen to the people who's coins are tied up at exchanges?    By this method I assume the coins will be sent to the exchange wallet and then they'll have to work out what belongs where.  Not sure that's going to work.

Looks like mooncoin is dead anyway so I guess those coins are lost.

Thanks to the restart many situations are possible. It's very unlikely we will have another chance for a restart in the future, and the new protocol should protect us from all known attacks to a much greater extent than any other chain.

The situation with mooncoin exchange is this, we know his large deposit addresses, if he does not help his customers soon we will merely blacklist those addresses and manually handle the requests of users of that exchange. There are certain methods we can use to track coins in and out, combined with hopefully honest people it will get resolved to most peoples satisfaction. Hopefully mr_moon returns and provides his wallet so that his users can get all the coins back without any issue. That is the ideal situation.

To those complaining about our ability to protect some of our users from fraud, it is a luxury that a chain restart allows. If we had frequent chain restarts then it isn't good for the currency, so we will obviously try to avoid any restarts going forward, SC 2.0 should be the last restart. Furthermore evidence is being gathered to determine the identity of Mr_moon so hopefully that can be resolved soon also for those affected by the BTC and NMC parts. Unfortunately there isn't much I can do to those people who lost BTC/NMC. And if it wasn't for the SC restart, there wouldn't be anything I could do for SC users either. We are working with some trustworthy exchanges that will be open when v2.0 is released. So we will have less of these issues going forward.
Oh come on this is seriously ridiculous.

You've decided to jump from being the main developer to SoldCoin God.
You will decide who is righteous and will keep their coins and who is evil and will lose their coins for now and in the future.

Sorry - seriously that is bordering on narcissism.

Your trying to turn a open source, decentralised currency into a closed source, centralised (under your godly control) currency.

You need to walk away from here and not come back - you are USING this forum to attempt to create something that Bitcoin is the opposite of and also trying to use this forum to scam people into believing they should convert to your ideals without explaining that your ideal are the exact opposite of what Bitcoin stands for.

It's a pity the mods in this part of the forum aren't more active, since ALL solidcoin threads should be deleted and solidcoin people banned.

That may seem over the top, but seriously, simply SolidCoin is a deceit and nothing more and thus these constant posts of deceit about how SolidCoin is better and good for the Bitcoin community need to be gone.

It's not a freedom of speech issue, it's a CONSTANT lies and deceit issue that is only now becoming obvious.

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September 16, 2011, 11:41:11 PM
 #56

@Kano

I disagree, Coinhunter should be allowed to post.

It clearly demonstrates the what and who, he and Solidcoin is.



Let him post, but give him the SCAMMER label.

Fixed.

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