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fushy
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May 20, 2014, 03:07:22 AM |
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UPDATE: I AM GOING TO FINISH UP THE NEW CODE AND WE WILL THEN START EXCHANGING OLD COINS.
INSTRUCTION.
IF YOUR COINS ARE ON AN EXCHANGE, LEAVE THEM THERE! THE EXCHANGE WILL SWITCH THEM OVER.
IF YOUR COINS ARE IN YOUR WALLET, READ BELOW.
1. Send a screenshot of your wallet including date and time.
2. Include a copy/paste of your old wallet address and copy/paste of new wallet address. ( Obviously as soon as you have the new wallet.)
I will notify everyone when the new wallet is ready. Thank you.
New coin supply will be 90 mil. 30 mil will be on 2 publicly view able addresses, and will never be spent. They are the safety coins to prevent this from happening again.
Please rethink the 90 million coin supply. Even though a lot of people trust you, 1/3 of all coins dumpable in one move is not something anybody wants to worry about. Why not fork blackcoin and distribute the coins as planned (60 Million @ 5% interest)? Blackcoin hasn't had any attacks like these. The Blackcoin wallet says "Novacoin" in about so I presume its based on that model and not Peercoin's - and it is quite a popular choice for recent POS coins I've noticed I also vote for keeping the coins amount at 60million and 5% stake is much better than the current precentage |
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skyyyy
Member
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Activity: 85
Merit: 10
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May 20, 2014, 03:08:00 AM |
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any update? how long to wait,please?
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Ximp
Sr. Member
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Activity: 336
Merit: 250
CS Student - BC Logo Guy
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May 20, 2014, 03:11:45 AM |
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any update? how long to wait,please?
It looks like 60 million coins PoS at 5% yearly interest rate. Joel posted about sending screenshots and transactions in the prior page. |
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FredDag
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May 20, 2014, 03:16:26 AM |
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no one will dump I assure you that, the wallets will be distributted into 3 wallets and will be held by 3 trusted board members, like everyone else here we will promise not to dump, maybe sign an agreement with Joel etc...
So a decentralized currency designed to enable commerce without the need for a trusted third party which needs the implicit and absolute trust in third parties? Im SOOO close to walking away after comments like this....What do you suggest then? People keep all their money on exchanges that don't stake, and other people complain that the stake interest is too high. I cant please everyone. I have a full time job and I am at my tipping point. How about automatic staking of ___% of coins in wallet ? Users could set prefered % in options, but a minumum % would apply. Or something similar? |
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Bittzy78
Legendary
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Activity: 1176
Merit: 1019
I do not give financial advice .. do your own DD
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May 20, 2014, 03:20:46 AM |
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no one will dump I assure you that, the wallets will be distributted into 3 wallets and will be held by 3 trusted board members, like everyone else here we will promise not to dump, maybe sign an agreement with Joel etc...
So a decentralized currency designed to enable commerce without the need for a trusted third party which needs the implicit and absolute trust in third parties? Im SOOO close to walking away after comments like this....What do you suggest then? People keep all their money on exchanges that don't stake, and other people complain that the stake interest is too high. I cant please everyone. I have a full time job and I am at my tipping point. First it doesn't matter what I think so feel free to ignore it. My interest in this is only academic because it is a 51% attack on a PoS based coin. The comment was more a wakeup call. When someone promotes an idea to keep a decetranlized network secure by handing it over to a trusted central authority you have to take a second and pause. I mean even if it it works is that really a good idea. Centralized security is easy, decentralized is hard but you can't be kinda decentralized with centralized security. It is like being kinda pregnant. As for what should happen? Users need to be responsible for their own security. If users allow the network stake to fall to a point where it is economical for an attacker to exploit it then they will be attacked and only have themselves to blame. Loss is good. It remembers people of risk, it makes them cautious. I would hope after this users would be keeping a close eye on the network stake and not just assuming someone else will keep it secure. Decentralized networks are hard, it requires some personal responsibility. So the solution is for the users/owners to take personal responsibility not for the network to be centralized around absolute trust because it is too hard. Simple version: Either stakeholders keep the network secure or it will continue to be attacked. If the only "solution" is to trade that for a network that requires absolute and implicit trust in a board of nobles then the network is dead anyways.Note: I am not a proponent of PoS due to various potential exploits however those exploits are sophisticated in nature (and some are theoretical at this point). To my knowledge none of those occurred here, just apathy from coinholders who assumed someone else would keep the network secure. Losing coins is a good way for people to realize "hey we actually do need to take active steps to keep our wealth secure". If Bitcoin miners allowed the hashrate to decline 99% such that a single person could cheaply amass the hardware to 51% attack the network, someone probably would. Very well said.. People should really keep this post in mind once we are back open for business. It is everyone's responsibility to help secure the Coin2 network. This isn't some highly regulated security with government oversight... This is wild west crypto. If you want to secure your holdings, you need to get some coins in a QT and have them stake. Do not assume that others will do it and the network is secure, take actions to help secure it yourself. |
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dotcoin.info
Sr. Member
Offline
Activity: 686
Merit: 252
www.cd3d.app
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May 20, 2014, 03:50:57 AM |
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then how to switch?
not screenshot i guess.
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zyronx
Legendary
Offline
Activity: 1078
Merit: 1001
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May 20, 2014, 03:56:12 AM |
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Wow, a lot of you are so pathetic. Joel has been working his ass off! and you ass clowns are giving him shit! how ungrateful you all are!
Joel gave all those coins away for free! and you should cut him some fricken slack! he never told any of you to buy it! you did out of your own free will. He wants this to succeed. yet so many are trying to bring the whole thing down. you all should be giving him the fucking respect he and the other board members deserve! This will all work out! you just have to stop acting like ungrateful shits! you all are making me sick! He is given you the golden ticket! you better believe it! So stop your whining and start acting like civil adults! Coin2 will prevail! I just know it. On the way to paradise there are bound to be bumps along the way. and what hurts can only make us stronger!
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zyronx
Legendary
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Activity: 1078
Merit: 1001
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May 20, 2014, 04:14:50 AM |
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Let me make it clear once more. not all of you. just some. so I'm not putting a wet blanket on everyone! i do put a wet blanket on the scumbag who cheated with this takedown. He deserves some karma. one day it will happen I assure you.
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cy87.2008
Member
Offline
Activity: 112
Merit: 10
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May 20, 2014, 04:16:08 AM |
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Wow, a lot of you are so pathetic. Joel has been working his ass off! and you ass clowns are giving him shit! how ungrateful you all are!
Joel gave all those coins away for free! and you should cut him some fricken slack! he never told any of you to buy it! you did out of your own free will. He wants this to succeed. yet so many are trying to bring the whole thing down. you all should be giving him the fucking respect he and the other board members deserve! This will all work out! you just have to stop acting like ungrateful shits! you all are making me sick! He is given you the golden ticket! you better believe it! So stop your whining and start acting like civil adults! Coin2 will prevail! I just know it. On the way to paradise there are bound to be bumps along the way. and what hurts can only make us stronger!
+1,I still beleive coin2 Dev Team,I hope some day the c2 is a Precious coin,not only altcoins. |
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n3lz0n
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May 20, 2014, 04:16:30 AM |
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Let me make it clear once more. not all of you. just some. so I'm not putting a wet blanket on everyone! i do put a wet blanket on the scumbag who cheated with this takedown. He deserves some karma. one day it will happen I assure you.
+1 x infinity!!! thank you!!! |
Go Bitcoin !!!!!!!!!!!
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ObscureBean
Legendary
Offline
Activity: 1148
Merit: 1000
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May 20, 2014, 04:27:14 AM |
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no one will dump I assure you that, the wallets will be distributted into 3 wallets and will be held by 3 trusted board members, like everyone else here we will promise not to dump, maybe sign an agreement with Joel etc...
So a decentralized currency designed to enable commerce without the need for a trusted third party which needs the implicit and absolute trust in third parties? Im SOOO close to walking away after comments like this....What do you suggest then? People keep all their money on exchanges that don't stake, and other people complain that the stake interest is too high. I cant please everyone. I have a full time job and I am at my tipping point. I for one appreciate the effort you're putting into this. Do what you think is best and don't pay attention to the haters. |
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bitfoud
Member
Offline
Activity: 73
Merit: 10
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May 20, 2014, 04:43:58 AM |
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coin2 is a real free coin,but why the price is low?
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Byter88
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May 20, 2014, 04:48:35 AM |
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Wow, a lot of you are so pathetic. Joel has been working his ass off! and you ass clowns are giving him shit! how ungrateful you all are!
Joel gave all those coins away for free! and you should cut him some fricken slack! he never told any of you to buy it! you did out of your own free will. He wants this to succeed. yet so many are trying to bring the whole thing down. you all should be giving him the fucking respect he and the other board members deserve! This will all work out! you just have to stop acting like ungrateful shits! you all are making me sick! He is given you the golden ticket! you better believe it! So stop your whining and start acting like civil adults! Coin2 will prevail! I just know it. On the way to paradise there are bound to be bumps along the way. and what hurts can only make us stronger!
+1 well said... |
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ranlo
Legendary
Offline
Activity: 1988
Merit: 1007
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May 20, 2014, 04:52:03 AM |
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no one will dump I assure you that, the wallets will be distributted into 3 wallets and will be held by 3 trusted board members, like everyone else here we will promise not to dump, maybe sign an agreement with Joel etc...
So a decentralized currency designed to enable commerce without the need for a trusted third party which needs the implicit and absolute trust in third parties? Im SOOO close to walking away after comments like this....What do you suggest then? People keep all their money on exchanges that don't stake, and other people complain that the stake interest is too high. I cant please everyone. I have a full time job and I am at my tipping point. I for one appreciate the effort you're putting into this. Do what you think is best and don't pay attention to the haters. Ignoring the haters is the best thing you can do. As you said, you can't please everyone. You need to do what you believe is right. Those who believe in the project will follow you. Those who don't are people you shouldn't care about anyways. |
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hedywsd
Member
Offline
Activity: 70
Merit: 10
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May 20, 2014, 05:09:39 AM |
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Wow, a lot of you are so pathetic. Joel has been working his ass off! and you ass clowns are giving him shit! how ungrateful you all are!
Joel gave all those coins away for free! and you should cut him some fricken slack! he never told any of you to buy it! you did out of your own free will. He wants this to succeed. yet so many are trying to bring the whole thing down. you all should be giving him the fucking respect he and the other board members deserve! This will all work out! you just have to stop acting like ungrateful shits! you all are making me sick! He is given you the golden ticket! you better believe it! So stop your whining and start acting like civil adults! Coin2 will prevail! I just know it. On the way to paradise there are bound to be bumps along the way. and what hurts can only make us stronger!
Very good ，i agree with you . |
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hedywsd
Member
Offline
Activity: 70
Merit: 10
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May 20, 2014, 05:17:37 AM |
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coin2 is a real free coin,but why the price is low?
Just wait ，the price will go to da moon  |
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dotcoin.info
Sr. Member
Offline
Activity: 686
Merit: 252
www.cd3d.app
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May 20, 2014, 05:23:18 AM |
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any update? how long to wait,please?
i think we are very close to swap our coins and fps is almost done. still 60million coins. don't know how to swap but dev will update us |
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dotcoin.info
Sr. Member
Offline
Activity: 686
Merit: 252
www.cd3d.app
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May 20, 2014, 06:05:46 AM |
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Who is Rat4 ?
sorry to ask
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GiorgosK
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May 20, 2014, 06:06:17 AM |
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In the OP its a little vague
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IF YOUR COINS ARE IN YOUR WALLET, READ BELOW.
1. Send a screenshot of your wallet including date and time.
2. Include a copy/paste of your old wallet address and copy/paste of new wallet address. ( Obviously as soon as you have the new wallet.)
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send it to who ? when we should start sending ?
I guess after new wallet is released ?
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BitBay - The Future of Free Markets | BCT thread | https://bitbay.market Dynamic Peg - Whitepaper out - Working implementation to be released soon Web Markeplace coming Fall 2018
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zyronx
Legendary
Offline
Activity: 1078
Merit: 1001
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May 20, 2014, 06:13:13 AM |
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In the OP its a little vague
--------------------
IF YOUR COINS ARE IN YOUR WALLET, READ BELOW.
1. Send a screenshot of your wallet including date and time.
2. Include a copy/paste of your old wallet address and copy/paste of new wallet address. ( Obviously as soon as you have the new wallet.)
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send it to who ? when we should start sending ?
I guess after new wallet is released ?
I'm guessing sending it to Joel. |
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