[ANN] [START] StartCOIN 2.0 - The digital currency for crowdfunding

[johnp]

Quote
The team is adding some new security features to @startcoin this week. This will make @startcoin one of the most safest stable currencies. Once the changes have been added. @StartCOIN will be the official currency for @StartJOIN. Pledge, use and reward

Today, 11:45

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[jjj0923]

StartCOIN has been disabled for close on 10 hours now  

already 36 hours )))) its joke?))))  its "good" start!!! ))))  

dev wheare you? what news? Total disregard for the community!

is the block chain still stuck?

[omskbear]

Yes, "Time Since Last Block   28 hours 13 minutes 39 seconds".

[chiznitz]

HI,

is there a developer fixing this stuck block chain?  I have been getting tickets on START issues but unable to resolve due to a dead blockchain.

Thanks,

Ryan @ bittrex

[startcoinproject]

Hi Ryan, everyone,

we're working to release an updated wallet with a fix for the problem as soon as possible.

Thanks for your patience

[johnp]

Can you give an ETA I have had coin stuck for ages :-(

[startcoinproject]

We're hoping to have it tested and rolled out by Friday. Updates will be announced when they're known.

[johnp]

How much hash is required to unblock this

[hashman]

Wow I've never seen a more convoluted and sketchy way to fund anything. 

Requires login information and tries to catalog your network presence and identity when you try to find a way to donate:  check.

Does not list donation addresses on any project page, not even in "startcoin":   check. 

Centralized and pseudonomous central control of everything: check.

Breaks any potential benefit of direct communication between donator and recipient: check. 

Philanthropists recommended to stay well away from this stuff. 

[ciroblazevic]

I think KORE COIN has big potential. New Dev is doing hard, I believe that it may explode in market.
Look: https://bitcointalk.org/index.php?topic=668886.420

All these innovations are expected. I am very excited

[ObscureBean]

It's a shame this thread is no longer being updated regularly 
Keeping the ANN thread alive is essential when it comes to building trust and growing the community.
Dev, if you've moved discussions to another thread, please post an update here.

[ray88]

i agree, Whats going on?? No wallet on friday and no eta .... its sunday here

[omskbear]

Absolute incompetence, just promises. Now if someone says "Easy double", do not forget that the price has fallen X20.

[portice]

WTB a functioning wallet, pst

[coin loves]

shit!

[wurstgelee]

So....whats going on? Devs?

[startcoinproject]

StartCOIN 2.0

As you may be aware, the StartCOIN blockchain has been experiencing technical difficulties for several days now, at times bringing transactions to a halt. This has been caused by migrant multi-pools, mining pools with extremely large computational power, raising the mining difficulty dramatically over a short period of time, and leaving the network unable to mine subsequent blocks due to insufficient power. This has the effect of transactions not being verified by the network, and becoming unusable for extended periods.

In response to this, we have decided that relaunching StartCOIN, with improved technology, is the best solution to the problem. The improved currency will include better protection from multi-pools, using the DigiShield retargeting algorithm; automatic checkpointing to improve network security and stop 51% attacks from occurring; and, finally, an ASIC-resistant proof-of-work algorithm, x11, to better distribute hash power and keep the network from becoming stuck in the future.

The relaunch will provide a cleaner, more stable codebase with which StartCOIN can operate from. We have opted to relaunch now, at an early stage in the life of the currency, to ease the role of developers writing software compatible with StartCOIN.

We will be providing a facility with which investors in StartCOIN can exchange their coins for those in the upgraded network, ensuring that nobody will lose out as a result of the transition. This will allow you to quickly and easily exchange your old coins for those in the new network. More details on the exchange service will be released shortly.

View this announcement on StartCOIN.org

[johnp]

Sounds like a good solution but please keep us updated.

Is there an ETA  for the change over
Can we mine in the meantime when the Multipools allow

[ray88]

How we are going to exchange the old coins for the new ones if we can't move them ?

[johnp]

You can move them just takes a little while