[ANN]FREEB - Mine at Official Multi-pool and get Bonus|175,000,000 destroyed

[$dakini]

Any news on the coin destruction video yet or are we still waiting?

[Adriano]

Any news on the coin destruction video yet or are we still waiting?

Hi,

Regarding this issue I would like to discuss with everyone the possibilities before we do something we can't undo.

First of all, when anyone issues the command getinfo it will be presented a variable called "moneysupply" which shows the amount of existing coins. Right now it is 501029874.12035203. This information will not be reduced by 175000000 after we destroy the coin. If this is what we are expecting it might be another options, but I sincerely don't think this is required.

There are a few ways to make these coins unavailable:

1. Come up with an address that passes the basic sanity checks but is internally invalid. We can know for sure that no key could possibly match this address.

2) Put strings of characters in the address that are way beyond what anyone could generate in a vanity address. For example, if the address has "FreebiesThatWereGoneForever" in it, it's clearly beyond anyone's capability to find a corresponding private key.

3) Use a public key that's obviously made up, such as one that consists only of zero bytes or that contains all consecutive digits of Pi. It's clearly beyond anyone's capability to find a corresponding private key. (For this one to work, we need to disclose the public key.)

4) Use a hash of the public key that's obviously made up. This works the same as the option above, but the difficulty would be in even finding a public key with such a hash, much less finding the corresponding private key.


I would like to hear what you guys think about it before we proceed.

P.S.: Most of this text was extracted from https://bitcointalk.org/index.php?topic=144158.0 and if we decide to go on this path I can generate the address as it is shown there and make public the math used to generate that address (the same way it is described there, but with our details)


I will wait for comments and concerns for some time (not sure yet how long, maybe till Friday?)


Thanks


Adriano

[MsCollec]

Let the destuction of the FREEB begins

[caryatidgh]

Give it a try, I do not know good, I want to buy some

[$dakini]

Any news on the coin destruction video yet or are we still waiting?

Hi,

Regarding this issue I would like to discuss with everyone the possibilities before we do something we can't undo.

First of all, when anyone issues the command getinfo it will be presented a variable called "moneysupply" which shows the amount of existing coins. Right now it is 501029874.12035203. This information will not be reduced by 175000000 after we destroy the coin. If this is what we are expecting it might be another options, but I sincerely don't think this is required.

There are a few ways to make these coins unavailable:

1. Come up with an address that passes the basic sanity checks but is internally invalid. We can know for sure that no key could possibly match this address.

2) Put strings of characters in the address that are way beyond what anyone could generate in a vanity address. For example, if the address has "FreebiesThatWereGoneForever" in it, it's clearly beyond anyone's capability to find a corresponding private key.

3) Use a public key that's obviously made up, such as one that consists only of zero bytes or that contains all consecutive digits of Pi. It's clearly beyond anyone's capability to find a corresponding private key. (For this one to work, we need to disclose the public key.)

4) Use a hash of the public key that's obviously made up. This works the same as the option above, but the difficulty would be in even finding a public key with such a hash, much less finding the corresponding private key.


I would like to hear what you guys think about it before we proceed.

P.S.: Most of this text was extracted from https://bitcointalk.org/index.php?topic=144158.0 and if we decide to go on this path I can generate the address as it is shown there and make public the math used to generate that address (the same way it is described there, but with our details)


I will wait for comments and concerns for some time (not sure yet how long, maybe till Friday?)


Thanks


Adriano

I like the idea.Lets see what others think.

[brightlight]

After multipool payouts, there happened a dump to 4 sats. Wtf? Don't here many of us have patience? Or this project is doomed and my investment was pointless?

[Oto3]

All destruction options are good but my favorite is:
2) Put strings of characters in the address that are way beyond what anyone could generate in a vanity address. For example, if the address has "FreebiesThatWereGoneForever" in it, it's clearly beyond anyone's capability to find a corresponding private key.

[jalmari]

Any news on the coin destruction video yet or are we still waiting?

Hi,

Regarding this issue I would like to discuss with everyone the possibilities before we do something we can't undo.

First of all, when anyone issues the command getinfo it will be presented a variable called "moneysupply" which shows the amount of existing coins. Right now it is 501029874.12035203. This information will not be reduced by 175000000 after we destroy the coin. If this is what we are expecting it might be another options, but I sincerely don't think this is required.

There are a few ways to make these coins unavailable:

1. Come up with an address that passes the basic sanity checks but is internally invalid. We can know for sure that no key could possibly match this address.

2) Put strings of characters in the address that are way beyond what anyone could generate in a vanity address. For example, if the address has "FreebiesThatWereGoneForever" in it, it's clearly beyond anyone's capability to find a corresponding private key.

3) Use a public key that's obviously made up, such as one that consists only of zero bytes or that contains all consecutive digits of Pi. It's clearly beyond anyone's capability to find a corresponding private key. (For this one to work, we need to disclose the public key.)

4) Use a hash of the public key that's obviously made up. This works the same as the option above, but the difficulty would be in even finding a public key with such a hash, much less finding the corresponding private key.


I would like to hear what you guys think about it before we proceed.

P.S.: Most of this text was extracted from https://bitcointalk.org/index.php?topic=144158.0 and if we decide to go on this path I can generate the address as it is shown there and make public the math used to generate that address (the same way it is described there, but with our details)


I will wait for comments and concerns for some time (not sure yet how long, maybe till Friday?)


Thanks


Adriano

I think that you should use exactly the same method NVC used as it has been used before and we can be sure that it works.

[brightlight]

Any news on the coin destruction video yet or are we still waiting?

Hi,

Regarding this issue I would like to discuss with everyone the possibilities before we do something we can't undo.

First of all, when anyone issues the command getinfo it will be presented a variable called "moneysupply" which shows the amount of existing coins. Right now it is 501029874.12035203. This information will not be reduced by 175000000 after we destroy the coin. If this is what we are expecting it might be another options, but I sincerely don't think this is required.

There are a few ways to make these coins unavailable:

1. Come up with an address that passes the basic sanity checks but is internally invalid. We can know for sure that no key could possibly match this address.

2) Put strings of characters in the address that are way beyond what anyone could generate in a vanity address. For example, if the address has "FreebiesThatWereGoneForever" in it, it's clearly beyond anyone's capability to find a corresponding private key.

3) Use a public key that's obviously made up, such as one that consists only of zero bytes or that contains all consecutive digits of Pi. It's clearly beyond anyone's capability to find a corresponding private key. (For this one to work, we need to disclose the public key.)

4) Use a hash of the public key that's obviously made up. This works the same as the option above, but the difficulty would be in even finding a public key with such a hash, much less finding the corresponding private key.


I would like to hear what you guys think about it before we proceed.

P.S.: Most of this text was extracted from https://bitcointalk.org/index.php?topic=144158.0 and if we decide to go on this path I can generate the address as it is shown there and make public the math used to generate that address (the same way it is described there, but with our details)


I will wait for comments and concerns for some time (not sure yet how long, maybe till Friday?)


Thanks


Adriano

I think that you should use exactly the same method NVC used as it has been used before and we can be sure that it works.

The best method is the method that's proved itself.

Btw, I suggest to destroy the coins as soon as possible and then switch to further development.

[Cryptock]

What's time frame?

[brightlight]

What's time frame?

The coin is drowning, there is no other exchange, where it is listed except sharexcoin.com. As 175mlj coins are not destroyed, the distribution is assumed not finished yet. Coin destroying isn't very hard and time consuming action, so why postpone it for days.

Price now is back to 3 sats. Sadly...

I don't know if price will go up after destroying, but the promised actions should be done to earn trust in FREEB.

[jamieb81]

What's time frame?

The coin is drowning, there is no other exchange, where it is listed except sharexcoin.com. As 175mlj coins are not destroyed, the distribution is assumed not finished yet. Coin destroying isn't very hard and time consuming action, so why postpone it for days.

Price now is back to 3 sats. Sadly...

I don't know if price will go up after destroying, but the promised actions should be done to earn trust in FREEB.

haha yes I feel you, I'm a FREEB millionaire but nothing interesting to do with it yet^^

[Cryptock]

let us know when you are going to destroy the coins.

[adjiadjo]

no need wait till friday i think.
method? any method looks good
last thing that important is publicity (public ANN) thru the OP tittle, OP content , and social media.

[brightlight]

no need wait till friday i think.
method? any method looks good
last thing that important is publicity (public ANN) thru the OP tittle, OP content , and social media.

+infinity

One day in cryptomoney world is very long period!!!

[brightlight]

I am still mining the coin with both methods - PoS and multipool. Hope that recent dump is just a heavy weak hands activity!

[mgibson38]

Weak hands indeed, but there isn't exactly many reasons to hold them ATM. I am, but its not like I paid much for them. .01 BTC I believe it was. and some for free. Wish I was that guy with the 33 sat sell order up that one day though.

[mgibson38]

Just wanted to add that I personally believe there will be a reason to hold these coins, alot of effort put into this project, but a dump like this is to be expected if there is delays in procedure preventing this thing from going to a bigger medium. Destroy the coins!

[testadimerlo]

[Adriano]

let us know when you are going to destroy the coins.

I will do it today night when I got home from work. I think we had already several comments all leading to the same conclusion :-)

I will post here again with the detailed method, address, etc.

Adriano