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Author Topic: [ANN] CommunityCoin (COMM) | Pure PoS | Original COMM MultiPools Coming Soon  (Read 523645 times)
LIghtvelocityCoin
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April 15, 2014, 05:25:42 AM
 #3421

Dear community: we have to report an incident to you. This morning one of our team members computer had a hard-drive failure, and as a conseuquence many files were lost in which it has one of our COMM coin depot wallet, with approximately 196.8 mil COMMs in it. Despite all efforts we are not able to recover the wallet, and unfortunately no backup was made for this wallet (while we made backups for other wallets, this one was somehow missed as it was created later than others).

This is the wallet:
http://www.coinexplorers.com/address/CKGK6MFmBkreG7k5sU8gDEJNVJ57QZtN3H

We are sorry about this incident, and we want to sincerely appologize to the community. Since the wallet (private key) was erased, it is like this amount of coins was never mined. So total available coins will be 800 mils instead of 1000 mils for COMM. This is a good thing in a sense, that it will enhance our existing coin value. We publish the wallet so that everyone can see that this amount (196780608.602771 COMMs) will be dead in that wallet, that no one has access to them. These coins will never be circulated in the market.

With the coin reserves left, we will distribute 2nd round distribution, as promised.

As a community, we are going strong, and with about 800 mil coins in circulation, we will have a better value of our coin!

So delivery will be done according to same route and whats left put bounty budged.



That's not as bad as it could be :-)

It would be good to hard-code this address in the wallet avoiding funds to be spent. They are already gone, but I'm pretty sure if we do not do it some people will start making accusations here. This action would only bring more transparency and make our coin stronger.

I hope to hear what others think about it.


P.S.: Just got the second share...


Adriano

Edit: mispelling

Oh dear... but this may not be a bad thing. Less coins, more values. As dev posted the wallet address, I am sure it is not them to steal the coins, it is just an accident. If these coins are gone, not a bad thing, not distributed yet anyway.

I don't doubt it was an honest accident but I fear for the reaction of others and how this reaction could affect the price and confidence in our coin... As these coins are gone for good, there is no problem in burning the address in the source code. This way if it was a scam (I'm not saying it is) not one node would relay the transaction nor accept a block where the transaction was included...

Only a couple lines of code and the trust is reestablished.

If at some point the wallet is recovered we will only need to decide what to do with the coins and remove the lock from the source.

Adriano

@dev
@samysamy1
@crypto-dude
If there is no technical problems on burning the address and if the coins in the address is REALLY lost and if the dev won't scam us, why won't the dev do so? Support Adriano. I think the whole community will have the same opinion.  





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greenclover
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April 15, 2014, 05:26:09 AM
Last edit: April 15, 2014, 05:40:20 AM by greenclover
 #3422

Dear community: we have to report an incident to you. This morning one of our team members computer had a hard-drive failure, and as a conseuquence many files were lost in which it has one of our COMM coin depot wallet, with approximately 196.8 mil COMMs in it. Despite all efforts we are not able to recover the wallet, and unfortunately no backup was made for this wallet (while we made backups for other wallets, this one was somehow missed as it was created later than others).

This is the wallet:
http://www.coinexplorers.com/address/CKGK6MFmBkreG7k5sU8gDEJNVJ57QZtN3H

We are sorry about this incident, and we want to sincerely appologize to the community. Since the wallet (private key) was erased, it is like this amount of coins was never mined. So total available coins will be 800 mils instead of 1000 mils for COMM. This is a good thing in a sense, that it will enhance our existing coin value. We publish the wallet so that everyone can see that this amount (196780608.602771 COMMs) will be dead in that wallet, that no one has access to them. These coins will never be circulated in the market.

With the coin reserves left, we will distribute 2nd round distribution, as promised.

As a community, we are going strong, and with about 800 mil coins in circulation, we will have a better value of our coin!

So delivery will be done according to same route and whats left put bounty budged.



That's not as bad as it could be :-)

It would be good to hard-code this address in the wallet avoiding funds to be spent. They are already gone, but I'm pretty sure if we do not do it some people will start making accusations here. This action would only bring more transparency and make our coin stronger.

I hope to hear what others think about it.


P.S.: Just got the second share...


Adriano

Edit: mispelling

Oh dear... but this may not be a bad thing. Less coins, more values. As dev posted the wallet address, I am sure it is not them to steal the coins, it is just an accident. If these coins are gone, not a bad thing, not distributed yet anyway.

I don't doubt it was an honest accident but I fear for the reaction of others and how this reaction could affect the price and confidence in our coin... As these coins are gone for good, there is no problem in burning the address in the source code. This way if it was a scam (I'm not saying it is) not one node would relay the transaction nor accept a block where the transaction was included...

Only a couple lines of code and the trust is reestablished.

If at some point the wallet is recovered we will only need to decide what to do with the coins and remove the lock from the source.

Adriano




+100  I love intelligent posts !! Another good Idea..ADIANO..!!

Great idea Adriano!

Why not add some codes and do a pull request, so dev can add it in and create a new release.
LeChatNoir
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April 15, 2014, 05:26:18 AM
 #3423

interesting coin!

Yes really.
Go ahead and place a bid for 200M Communitycoins at poloniex, see what happen...

Coinpanion.io - Copy Successful Crypto Traders
Buratino
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April 15, 2014, 05:26:53 AM
 #3424

Quote
Dear community: we have to report an incident to you. This morning one of our team members computer had a hard-drive failure, and as a conseuquence many files were lost in which it has one of our COMM coin depot wallet, with approximately 196.8 mil COMMs in it. Despite all efforts we are not able to recover the wallet, and unfortunately no backup was made for this wallet (while we made backups for other wallets, this one was somehow missed as it was created later than others).

This is the wallet:
http://www.coinexplorers.com/address/CKGK6MFmBkreG7k5sU8gDEJNVJ57QZtN3H


Ok i'm gonna trust you

I am too. Hope we will see documentalistic story about incident later with proofs.

qiwoman
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April 15, 2014, 05:27:07 AM
 #3425

I will sleep now and if I wake up with another second stake I will be very happy indeed..I will go dream on it. This may be the miracle I need to reunite with my son..a mother's dream eh? Smiley..Sweet dreams.. I also believe the loss of coins is genuine.
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April 15, 2014, 05:29:12 AM
 #3426

I don't have enough posts for getting free coins but will join the community and buy some
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April 15, 2014, 05:29:34 AM
 #3427

@dev
@samysamy1
@crypto-dude
If there is no technical problems on burning the address and if the coins in the address is REALLY lost and if the dev won't scam us, why won't the dev do so? Support Adriano. I think the whole community will have the same opinion.  

Coinpanion.io - Copy Successful Crypto Traders
tintumon
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dinkimole nokkalle...


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April 15, 2014, 05:31:12 AM
 #3428

@dev
@samysamy1
@crypto-dude
If there is no technical problems on burning the address and if the coins in the address is REALLY lost and if the dev won't scam us, why won't the dev do so? Support Adriano. I think the whole community will have the same opinion.  

+1.
This is a must for restoring this coin's credibility.
andyatcrux
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April 15, 2014, 05:31:41 AM
 #3429

This seems sensible enough to implement.
blueangel01
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April 15, 2014, 05:33:29 AM
 #3430

I would rather see it hard coded just like Adriano suggested.

Msg me if you want me to put anything here.
Land Marks
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April 15, 2014, 05:38:53 AM
 #3431

@dev
@samysamy1
@crypto-dude
If there is no technical problems on burning the address and if the coins in the address is REALLY lost and if the dev won't scam us, why won't the dev do so? Support Adriano. I think the whole community will have the same opinion.  

+1.
This is a must for restoring this coin's credibility.

This would be good.  Otherwise I would have to issue a scam alert as this situation is a huge red flag.  I already was concerned about a couple of other indications.

I really hope my suspicions are wrong.  It really may just be a mistake, but I agree that the developer needs to take action to guarantee a scam cannot occur.  The options already suggested sound reasonable.
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April 15, 2014, 05:39:21 AM
 #3432

Oh I agree lets please remove these coins for good with code.
So that others will not be worried to come into the market.
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April 15, 2014, 05:39:42 AM
 #3433

@dev
@samysamy1
@crypto-dude
If there is no technical problems on burning the address and if the coins in the address is REALLY lost and if the dev won't scam us, why won't the dev do so? Support Adriano. I think the whole community will have the same opinion.  

+1.
This is a must for restoring this coin's credibility.

The community wants it so let it be. Please burn it then. As far as I can remember an incident like this happened with FAC during distribution.

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Join the mining of the first human-centric
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    .REQUEST INVITATION.
jonnysomething
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April 15, 2014, 05:40:28 AM
 #3434

I went to download the wallet and Chrome blocked it as malicious, is there anything to be concerned about?

I'd like to get involved with COMM, so I created a paper wallet to apply for the distribution, but I'd prefer a windows client.
Sircoss
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April 15, 2014, 05:40:40 AM
 #3435

@dev
@samysamy1
@crypto-dude
If there is no technical problems on burning the address and if the coins in the address is REALLY lost and if the dev won't scam us, why won't the dev do so? Support Adriano. I think the whole community will have the same opinion.  

+1.
This is a must for restoring this coin's credibility.
+2
If they are gone this should not be an issue.  As when distributing this coin you wanted to make sure stake holders were honest and wont dump this coin.  As a Dev you should do this to be honest to your stakeholders and the people who have bought this coin.

vcoinminer0938
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April 15, 2014, 05:43:20 AM
 #3436

@dev
@samysamy1
@crypto-dude
If there is no technical problems on burning the address and if the coins in the address is REALLY lost and if the dev won't scam us, why won't the dev do so? Support Adriano. I think the whole community will have the same opinion.  

+1.
This is a must for restoring this coin's credibility.
+2
If they are gone this should not be an issue.  As when distributing this coin you wanted to make sure stake holders were honest and wont dump this coin.  As a Dev you should do this to be honest to your stakeholders and the people who have bought this coin.

+3
show the credits & value of this coin. Smiley
EbonHawk
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April 15, 2014, 05:43:45 AM
 #3437

Donations are very welcomed, 80 people have pledge for the multipool. This kinda reminds me of Dogecoin. Keep it up.

Donation for community coin multipool creation:

xtester - 10k - Sent
shinep - 5k - Sent
brightlight - 10k - Sent
schnötzel - 10k - Sent
djm34 - 5k - Sent
Hash72 - 7.2k+2k - Sent
Jengo - 10k - Sent
doremi - 5k - Sent
JamesOng - 10k - Sent
jalmari - 5k - Sent
Secondleo - 10k - Sent
kocur - 5k - Sent
RhodaGila - 20k - Sent
50cent_rapper - 5k - Sent
jcarl987 - 10k - Sent
Turpomann - 10k - Sent
wasamata - 5k - Sent
dload.1 - 5k - Sent
apurvslam - 10k - Sent
Philll90 - 10k+10k - Sent
pandher - 5k - Sent
sammy007 - 5k - Sent
testadimerlo - 5k - Sent
raveldoni - 20k - Sent
qiwoman - 10k - Sent
Jr.peng - 9k - Sent
Nxtblg - 20k - Sent
wizzardTim - 5k - Sent
XCASH - 5k - Sent
mugwampbro - 1k - Sent
*Sakura* - 50k - Sent
andyatcrux - 10k - Sent
jiosefjd - 10k - Sent
fudge - 10k - Sent
kcanup - 10k - Sent
pabloangello - 10k - Sent
bytedisorder - 10k
cryptolemaik - 10k
baby222 - 5k
greenclover - 10k
EbonHawk - 10k
mmedinas - 10k
poncom - 5k
Rune - 5k
Equate - 5k
ple - 10k
lemfuture - 5k
illiki23 - 10k
celebreze32 - 10k
lumeire - 10k
neilh - 20k
SomeRelax - 5k
Ayle56 - 5k
Evilish - 10k
iwandhdumas2003 - 5k
sha0908 - 5k
1btcdream - 5k
qgmurugan007 - 5k
templebar - 5k
december23 - 5k
hala - 5k
Fraxinus - 15k
unent - 5k
liugangliuliu - 5k
emelac - 10k
x0rcist - 10k
GTO911 - 5k
flubber - 10k
DogeBoy - 10k
liutiaoming1 - 10k
Buratino - 5k
qiuzhixin15 - 5k
WalkerLi - 10k
BitcoinBaBa - 10k
dynamicalrange - 5k
belmonty - 5k
wangdaniel2014 - 5k
ronald98 - 5k
sniveling - 5k
bluewhackadoo - 10k
felment - 10k
f5inet - 10k - if he will be accepted.
CryptoSteam - 25k - if he will be accepted.
qwertyqwerty - 15k - if he will be accepted.
bluewhackadoo - 10k - If he is allowed to join.
K128kevin - 20k - If he is allowed to join.
ltcjunky43 - 100k - If he is allowed to join.
-Greed- - 10k - If he is allowed to join.
ottobene - 50k - If he is allowed to join.

Lets send all pledged donations to Adriano, he did a great service for us, try to do the same for him.

----------------------------------------------------------------------------

A new donation process has begun for the community website, please see brightlight post for more details

Lets show some community spirit. We need a good website to represent community coin.

Note: We are only pledging donations for the website right now. We'll pay after the website is done.

Mintpal vote update: 7159 and counting. Any news from mintpal dev?

Big update: Multipool is up and running! So keep your coins safe and bring some ideas that could add real value to the community.

P.S. We launched the multipool, lets finish the distribution, land on mintpal, finish the website and do the other stuff on the list of brightlight, and we could easily surpass 1000 satoshi maybe even in the first week. We should focus on creating value and growing the community, price will follow without a problem. People who are selling now will cry later. Just look around.

Has somebody taken the task of creating the website?

Thanks.




5k donations. thx

Status: 0/unconfirmed, broadcast through 6 node(s)
Date: 2014/4/15 12:36
To: CHyJaYAKkxLmAm33br6Lp9x5LtAYP5vKug
Debit: -5000.00 COMM
Transaction fee: -0.01 COMM
Net amount: -5000.01 COMM
Transaction ID: b10426bf45aadd416394a97a68b664873763dd69c8e1b37588066a774cefc4e6

Sent 10k to Adriano. Thanks Adriano for your work! Cheesy

Status: 0/unconfirmed, broadcast through 37 node(s)
Date: 15/04/2014 02:42
To: CHyJaYAKkxLmAm33br6Lp9x5LtAYP5vKug
Debit: -10000.00 COMM
Transaction fee: -0.01 COMM
Net amount: -10000.01 COMM
Transaction ID: 029bd9e66553ee8d9e1981599afa06c222d07e28cf1a13884526b044567fc626
http://www.coinexplorers.com/t/6ja5kaNwf

"Se você não achar uma forma de ganhar dinheiro enquanto dorme, você vai trabalhar até morrer" - Warren Buffett
andyatcrux
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April 15, 2014, 05:48:42 AM
 #3438

I went to download the wallet and Chrome blocked it as malicious, is there anything to be concerned about?

I'd like to get involved with COMM, so I created a paper wallet to apply for the distribution, but I'd prefer a windows client.

It scans clean. Chrome is notorious for this. Use Firefox.
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April 15, 2014, 05:50:18 AM
 #3439

I went to download the wallet and Chrome blocked it as malicious, is there anything to be concerned about?

I'd like to get involved with COMM, so I created a paper wallet to apply for the distribution, but I'd prefer a windows client.

It scans clean. Chrome is notorious for this. Use Firefox.
Thanks! Will do.
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April 15, 2014, 05:50:42 AM
 #3440

Can't believe it.  We are on Coinmarketcap!

http://coinmarketcap.com/

No. 26!




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