[AC] AsiaCoin | Pure PoS | 100% Interest

[CryptoSteam]

So I've been noticing a lot of articles online about the Asiacoin scam, most of these websites have a comment section you don't even have to sign up for. If anyone would like to help out by posting comments on these articles by politely asking them to update the story on the revival of Asiacoin, that could bring back some positive views on Asiacoin, which will benefit all of us.  

                                                                                            Marketing, Deathtoallptots

+1. I've already commented on one at Coins Source. What other articles are there?

[micryon]

I just wonder how many millions of coins got send from the premined addresses to keep dumping on the market.
How many more hidden blocks are people gonna find.

1)
The premine was hidden through some clever obfuscation of the code.  This has all been found and reverted at this point.  I diff'd the code using winmerge.  As well I posted the winmerge report for everyone to look at (in case you are too lazy to download and install winmerge: http://www.realstackcoin.org/asiacoinfix_cinni.htm)  

It is highly unlikely that there are any other hidden premines at this point (but sure, nothing is impossible i guess..)

Ironically, given the wide exposure of the scam and experts such as myself getting in on this: the blockchain and code has been put under a microscope, over the last week... and at this point is probably a lot more safer than any of the other newer alt coins on the market.

It is true that most altcoins don't have any kind of audit, no one even looks at the code on github (like what happened with AC).  But once something does surface everyone does jump on it..

2)
Yes, anyone of us could be the original scammer.. no way to tell.. but the point of the bitcoin protocol (which all altcoins rely on), is so that it is supposed to not matter.  ANyone on the network could be a scammer or a bad actor.  What protects it is transparency and visibility.. the code being available (and can be reviewed by anyone), self compilable.. and blockchain is there for all to see..  you just need to do your own due diligence.

Saying something like "oh i think its a scam".. is completely an unfounded opinion.  If you are an expert: the code is all there, the blockchain is all there.. everyone who wants  to mess around and invest, well you can look yourself.

If you can't understand code or how bitcoin works.. then at least trust someone who can.  Instead of a random person who has never looked at the code or blockchain.. and just throwing out his opinion from "experience".

3)
There is a risk.. the biggest risk is that my patch doesn't work, that there is a side corner case that allows the premine to be moved, which i didn't anticipate.  I tested it myself through negative testing, but since I don't hold the keys to the actual premine address.. there's no way to be 100% sure.  

Given what I know of the code, and the protocol.. it should work.  But this is also why a block explorer and a "premine detector" should be created so that any such action is not easily obfuscated, should it actually happen.  


The key to all of this is visibility and transparency.. no BS from me.. not going to tell you any stories of what this is or isn't.. just the hard facts..

[syrota]

Multipools:
Pool.mn
Obfuscode.Net
may need to remove it? These pools do not work.

[fonzerrellie]

I just wonder how many millions of coins got send from the premined addresses to keep dumping on the market.
How many more hidden blocks are people gonna find.

1)
The premine was hidden through some clever obfuscation of the code.  This has all been found and reverted at this point.  I diff'd the code using winmerge.  As well I posted the winmerge report for everyone to look at (in case you are too lazy to download and install winmerge: http://www.realstackcoin.org/asiacoinfix_cinni.htm)  

It is highly unlikely that there are any other hidden premines at this point (but sure, nothing is impossible i guess..)

Ironically, given the wide exposure of the scam and experts such as myself getting in on this: the blockchain and code has been put under a microscope, over the last week... and at this point is probably a lot more safer than any of the other newer alt coins on the market.

It is true that most altcoins don't have any kind of audit, no one even looks at the code on github (like what happened with AC).  But once something does surface everyone does jump on it..

2)
Yes, anyone of us could be the original scammer.. no way to tell.. but the point of the bitcoin protocol (which all altcoins rely on), is so that it is supposed to not matter.  ANyone on the network could be a scammer or bad network.  What protects it is transparency and visibility.. the code being available (and can be reviewed by anyone), self compilable.. and blockchain is there for all to see..  you just need your own due diligence.

Saying something like "oh i think its a scam".. is completely an unfounded opinion.  If you are an expert, the code is all there, the blockchain is all there.. everyone who wants  to mess around and invest, well you can look yourself.

If you can't understand code or how bitcoin works.. then at least trust someone who can.  Instead of a random person who never looked at the code or blockchain..

3)
There is a risk.. the biggest risk is that my patch doesn't work, that there is a side corner case that allows the premine to be moved, which i didn't anticipate.  I tested it myself through negative testing, but since I don't hold the keys to the actual premine address.. there's no way to be 100% sure.  

Given what I know of the code, and the protocol.. it should work.  But this is also why a block explorer and a "premine detector" should be created so that any such action is not easily obfuscated, should it actually happen.  


The key to all of this is visibility and transparency.. no BS from me.. not going to tell you any stories of what this is or isn't.. just the hard facts..

+1 but are you sure theres no way to find the OG dev?? I mean if I was a hacker and lost a shit load would there be a way for someone to track them down? lol I know I'd be expecting a mob hit if I was that guy/gal

[lartiste]

Multipools:
Pool.mn
Obfuscode.Net
may need to remove it? These pools do not work.

+1

[micryon]

+1 but are you sure theres no way to find the OG dev?? I mean if I was a hacker and lost a shit load would there be a way for someone to track them down? lol I know I'd be expecting a mob hit if I was that guy/gal

There are definitely ways.  I'm not a really an expert blackhat hacker to be able to say.  A coin developers typically won't have the toolset to really do stuff like that.

From my very rudimentary knowledge of that space.. I would assume that at this point, the trial is cold and what is required is a social engineering attack of some kind to even expose him.  Trick the scammer in some way.. with the help of exchanges, and maybe BCT.  

Find a way for them to incentivize him to act on something (either move premine, or activate some account somewhere), and then be ready to track him down "real time".  Or get a hot trail.

Once he is exposed then i think you can let the community take care of it.. you don't need a hacker to do that part.  Someone will track him down and demand money and/or another scammer will track him down and steal his $130K worth of BTC (hey what goes around comes around...).

I'm sure it is an interesting challenge and requires some thinking.. hopefully someone out there is thinking about it...

[Xuorc]

You all need to donate as much as possible for the future of this coin, and I'm speaking more to those that have not yet.

Those that have seen their investment in AsiaCoin go from something strong to dead and back need to do their bit.

I donated 10,000 AC earlier but realise now that more is needed and my donation was not enough.  I have just sent another 10,000 AC.

Please everyone do what you can, and those that haven't search your conscience.

Maestro1: Please confirm this second donation when you can.

Regards,

Xuorc

To: AsiaCoin Dev Donation AXuMxpakwcxcnPtzkL6GNmp54PRc7Zxb2g
Debit: -10000.00 AC
Transaction fee: -0.001 AC
Net amount: -10000.001 AC
Transaction ID: 3ba967afc6a348d892d3450a824d9bd44f593ee5358d062606432ef5c6e10774

[operationz]

I am trying to download the new wallet on my Mac with OS X 10.9.2. I have tried several times and I get the following message:

   “AsiaCoin-Qt” is damaged and can’t be opened. You should move it to the Trash.

Can someone help me get this wallet working on my macbook? Why is it telling me that it is damaged? I downloaded it from the Mega download site. I changed nothing it was a simple download.

anyone?

[mrdennis86]

Yess i see my AC coins on cryptsy!!
But cant trading. Buy buy buy tomorrow:)

Thanks team! When trading is posible i send a donation!

[Xuorc]

Thanks team! When trading is posible i send a donation!

+1

[aisdoge]

The original Mac wallet link doesn't work. I got the same error message. Try the dropbox link. It's working fine for me.

I've just donated 10K to the dev team. Thank you for your hard work!

[BTCat]

Only Jr. Accounts and Newbee's, who's gonna fall for that one.
Basically it means this whole thread could be made by just a few people holding up illusion of activity and generosity.
Have fun playing in your dirtpool. Coin to avoid.

[micryon]

Only Jr. Accounts and Newbee's, who's gonna fall for that one.
Basically it means this whole thread could be made by just a few people holding up illusion of activity and generosity.
Have fun playing in your dirtpool. Coin to avoid.

Thanks for your expert advice... 

[syrota]

You all need to donate as much as possible for the future of this coin, and I'm speaking more to those that have not yet.

Those that have seen their investment in AsiaCoin go from something strong to dead and back need to do their bit.

I donated 10,000 AC earlier but realise now that more is needed and my donation was not enough.  I have just sent another 10,000 AC.

Please everyone do what you can, and those that haven't search your conscience.

Maestro1: Please confirm this second donation when you can.

Regards,

Xuorc

To: AsiaCoin Dev Donation AXuMxpakwcxcnPtzkL6GNmp54PRc7Zxb2g
Debit: -10000.00 AC
Transaction fee: -0.001 AC
Net amount: -10000.001 AC
Transaction ID: 3ba967afc6a348d892d3450a824d9bd44f593ee5358d062606432ef5c6e10774

+1000  Join everyone who has not yet been translated coins!

[zmhaha]

Only Jr. Accounts and Newbee's, who's gonna fall for that one.
Basically it means this whole thread could be made by just a few people holding up illusion of activity and generosity.
Have fun playing in your dirtpool. Coin to avoid.

You are a Sr. Account, so could this be the original scammer DEV's real account and complaining the premine got voided? 

[ol92]

You all need to donate as much as possible for the future of this coin, and I'm speaking more to those that have not yet.

Those that have seen their investment in AsiaCoin go from something strong to dead and back need to do their bit.

I donated 10,000 AC earlier but realise now that more is needed and my donation was not enough.  I have just sent another 10,000 AC.

Please everyone do what you can, and those that haven't search your conscience.

Maestro1: Please confirm this second donation when you can.

Regards,

Xuorc

...

+1000  Join everyone who has not yet been translated coins!

I joined (and buying some ac too!):
Status: 0/unconfirmed, broadcast through 20 node(s)
Date: 11/05/2014 21:27
To: donnation AXuMxpakwcxcnPtzkL6GNmp54PRc7Zxb2g
Debit: -5000.00 AC
Transaction fee: -0.001 AC
Net amount: -5000.001 AC
Transaction ID: 11bda8213973ccc7f6a3d34675882672313d9b81d2176ae563a55bbb440f2567

I will probably donate again in a few days

[Maestro1]

Multipools:
Pool.mn
Obfuscode.Net
may need to remove it? These pools do not work.

+1

Done.

OP also updated with the updated donation status. Many thanks to those who donated, we are putting them into good use.

[micryon]

That is certainly possible...

Only Jr. Accounts and Newbee's, who's gonna fall for that one.
Basically it means this whole thread could be made by just a few people holding up illusion of activity and generosity.
Have fun playing in your dirtpool. Coin to avoid.

You are a Sr. Account, so could this be the original scammer DEV's real account and complaining the premine got voided? 

[Xuorc]

You all need to donate as much as possible for the future of this coin, and I'm speaking more to those that have not yet.

Those that have seen their investment in AsiaCoin go from something strong to dead and back need to do their bit.

I donated 10,000 AC earlier but realise now that more is needed and my donation was not enough.  I have just sent another 10,000 AC.

Please everyone do what you can, and those that haven't search your conscience.

Maestro1: Please confirm this second donation when you can.

Regards,

Xuorc

...

+1000  Join everyone who has not yet been translated coins!

I joined (and buying some ac too!):
Status: 0/unconfirmed, broadcast through 20 node(s)
Date: 11/05/2014 21:27
To: donnation AXuMxpakwcxcnPtzkL6GNmp54PRc7Zxb2g
Debit: -5000.00 AC
Transaction fee: -0.001 AC
Net amount: -5000.001 AC
Transaction ID: 11bda8213973ccc7f6a3d34675882672313d9b81d2176ae563a55bbb440f2567

I will probably donate again in a few days

+1 Thanks.

[syrota]

Tell me from whom these coins?

This is faucet! lol
 http://www.getcoin2.com