[ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!!

[BTCspoon]

The addresses of the unsent and unrecoverable coins are easy to spot on the blockchain, right? So just issue a hard-forking update that makes those coins invalid. So long as those addresses are never used again, nothing will be different; if they 'mysteriously' come back to life, those transactions will never be confirmed because the vast majority of the mining power will be with the updated client which sees them as invalid and doesn't include them in the next mined block. It doesn't even require that all users upgrade.

Could be a way to proceed indeed

It would be simpler to check the addresses in the block explorer

Yes as i suggested before, but this way is more, hmmm "honest" strictly speaking

Nope. But they still have their 0.5% premine

Yes the premine could cover a part of the loss

[1714024868]

1714024868

[1714024868]

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[elcoco]

Guys, we have a problem.

After sending out to about 35k, our wallet file became corrupted.
we're trying to recover the keys, but it's both encrypted and corrupted and at this point we have no idea how to recover them, if they are even there
(the keys might not even be there, if the client only flushed a part of the file)
If anybody can help out with that, please do so.

As of right now, the first ~35k addresses (we'll check the exact number soon) have been sent to,
and we can't access the remaining coins
so, this is bacially the same as having distributed to only 35k addresses instead of 50k
and the coin is still Fair, just not the exact way we intended.

We're happy to move forward if we have your support, trying to push it into exchanges, gambling sites, stores etc.
if not, we'll scrap the project and try again with lessons learned.

we also have the option of creating another coin and using the faircoin addresses database to distribute the new coin

what do you say?

Faircoin Team

you should be able to go back to genesis block, start all over, backup the wallet or wallets, divide them up, dont encrypt, distribute on the test network if available, with some kind of script that uses a csv file, so the distribution is faster maybe.

[fair-cointeam]

Hi,
To clarify: we still can't restore the keys. we'll let you know if that changes. but for now, we are moving forward with what we have

[y3804]

Damn..

As someone suggested, find a way to make the non distributed coins invalid?

[thePridge]

Guys, we have a problem.

After sending out to about 35k, our wallet file became corrupted.
we're trying to recover the keys, but it's both encrypted and corrupted and at this point we have no idea how to recover them, if they are even there
(the keys might not even be there, if the client only flushed a part of the file)
If anybody can help out with that, please do so.

As of right now, the first ~35k addresses (we'll check the exact number soon) have been sent to,
and we can't access the remaining coins
so, this is bacially the same as having distributed to only 35k addresses instead of 50k
and the coin is still Fair, just not the exact way we intended.

We're happy to move forward if we have your support, trying to push it into exchanges, gambling sites, stores etc.
if not, we'll scrap the project and try again with lessons learned.

we also have the option of creating another coin and using the faircoin addresses database to distribute the new coin

what do you say?

Faircoin Team

you should be able to go back to genesis block, start all over, backup the wallet or wallets, divide them up, dont encrypt, distribute on the test network if available, with some kind of script that uses a csv file, so the distribution is faster maybe.

The problem with that is the pre-trade trades... people have bought and sold...

[Dexter44]

I feel ... FAIRly ... goxed... by faircoin. I guess my coins are gone. I jumped in on the last day... I guess they were delivered following the order of registration. Lucky me!

[BTCspoon]

Hi,
To clarify: we still can't restore the keys. we'll let you know if that changes. but for now, we are moving forward with what we have

Ready to be flamed to death then?
Will you release all address used in the process for us to monitor? Will you make an update to invalidate the lost coins?. You really need to say something about that before moving forward...

[Jengo]

Damn..

As someone suggested, find a way to make the non distributed coins invalid?

+1

would be the best way for us all to ensure that the coins are ultimately "lost".

[thePridge]

I feel ... FAIRly ... goxed... by faircoin. I guess my coins are gone. I jumped in on the last day... I guess they were delivered following the order of registration. Lucky me!

You didn't pay for the coins... so you didn't really get goxed... lol.. internetisms kids... use em right! lol. But it us still a sucky situation.

[Rune]

don't want the coins being recovered later and dumped.

[Seefude]

Guys, we have a problem.

After sending out to about 35k, our wallet file became corrupted.
we're trying to recover the keys, but it's both encrypted and corrupted and at this point we have no idea how to recover them, if they are even there
(the keys might not even be there, if the client only flushed a part of the file)
If anybody can help out with that, please do so.

As of right now, the first ~35k addresses (we'll check the exact number soon) have been sent to,
and we can't access the remaining coins
so, this is bacially the same as having distributed to only 35k addresses instead of 50k
and the coin is still Fair, just not the exact way we intended.

We're happy to move forward if we have your support, trying to push it into exchanges, gambling sites, stores etc.
if not, we'll scrap the project and try again with lessons learned.

we also have the option of creating another coin and using the faircoin addresses database to distribute the new coin

what do you say?

Faircoin Team

next time do a dumpprivkey before you encrypt it! I learned that lesson myself....

[Rune]

Whatever if it ever gets added to an exchange I will just sell what I have.
But I am definitely not buying any.

[leigh2k14]

Hi,
To clarify: we still can't restore the keys. we'll let you know if that changes. but for now, we are moving forward with what we have

REALLY REALLY BAD IDEA!

Start over, with the address database, this will ruin the coin.

After all this "fair coin" or is it not?

[thePridge]

Hi,
To clarify: we still can't restore the keys. we'll let you know if that changes. but for now, we are moving forward with what we have

REALLY REALLY BAD IDEA!

Start over, with the address database, this will ruin the coin.

After all this "fair coin" or is it not?

What happens to the coins already traded? i.e. how do the people who bought some with btc get their btc back?

[Amph]

actually it's a good idea, less coins in circulation, more buyers more value

[leigh2k14]

Whatever if it ever gets added to an exchange I will just sell what I have.
But I am definitely not buying any.

Same here, this coin is fucked, it's not fair at all.

You have lost all integrity, I urge you to start with the redistribution again. We don't mind waiting a few more days.

How many agree with me on this one?

[leigh2k14]

Hi,
To clarify: we still can't restore the keys. we'll let you know if that changes. but for now, we are moving forward with what we have

REALLY REALLY BAD IDEA!

Start over, with the address database, this will ruin the coin.

After all this "fair coin" or is it not?

What happens to the coins already traded? i.e. how do the people who bought some with btc get their btc back?

True... This is a bit of a pickle

[heajin5921]

Whatever if it ever gets added to an exchange I will just sell what I have.
But I am definitely not buying any.

Same here, this coin is fucked, it's not fair at all.

You have lost all integrity, I urge you to start with the redistribution again. We don't mind waiting a few more days.

How many agree with me on this one?

-1

[leigh2k14]

Hi,
To clarify: we still can't restore the keys. we'll let you know if that changes. but for now, we are moving forward with what we have

REALLY REALLY BAD IDEA!

Start over, with the address database, this will ruin the coin.

After all this "fair coin" or is it not?

What happens to the coins already traded? i.e. how do the people who bought some with btc get their btc back?

True... This is a bit of a pickle

Fuck it i'm just gonna dump as soon as I get the chance and move on to another coin, this one has lost ALL INTEGRITY!

[kintalaj]

Dev, are you crazy?? this would be the opposite of fair.... Many have not received their coins (including myself).  Who is to say those undistributed coins weren't hoarded???


Please rectify this.  If you don't, it will likely prove to be the death of this coin.