[ANN] [KEY] KeyCoin | Fair Launch | Daily Updates | 8/9 Status Update

[Petr1fied]

Somebody wrote a C# program that breaks KeyCoin anonymous transactions.

Reddit link:

http://www.reddit.com/r/CryptoCurrency/comments/2c6pax/program_that_deanonymizes_anonymous_keycoin/

I haven't tested it yet.

The description states that it merely grabs the wallet address that sent coins to the mixer. Hell you could do that by clicking on the transactions button on the client and double-clicking the appropriate transactions and then looking at the block explorer for further information on the sending addresses of those txids.

That certainly isn't the same thing as tracing coins back to their source from the receiving end.

[The Koolio]

HAHA SUPER FUD - EVERYONE IGNORE!!!

Somebody wrote a C# program that breaks KeyCoin anonymous transactions.

Reddit link:

http://www.reddit.com/r/CryptoCurrency/comments/2c6pax/program_that_deanonymizes_anonymous_keycoin/

I haven't tested it yet.

Do you think that this attack is coming from this FUD group?

http://www.reddit.com/r/CryptoCurrency/comments/28hqu3/warning_to_all_anonymous_coins_promoters_and/

This was also posted on Reddit several hours ago:

http://www.reddit.com/r/CryptoCurrency/comments/2c5on7/anonymous_send_function_removed_in_latest_keycoin/

[Djinou94]

Dev Update - 7/30/2014 Recap

Hello, Investors, Contributors, and fans. We would like to take some time to do a quick recap on some of our achievements and goals,

We offer our continued progress and commitment to this project, to prove our dedication not only to the community of investors who have taken the risk and continue to join us early in the life of this coin, but to the entire industry of crypto itself to legitimize and raise the bar for what makes an alt coin worthy of being listed on an exchange, and gaining value from our investments.


Raising the bar:

Since the launch of the project and our very first dev posts, we have been honest and devoted to our community.In our first post we explained our desire to make sure we don’t build a coin based upon the hype of forthcoming features only to continuously fail to meet them like other coins out there, but to deliver on time updates and improvements over time to create a coin that grows in value and creates a unique and safe trading environment for our supporters. we accomplish this instead by setting deadlines and meeting them with our diverse, forward thinking, and efficient team. A team so strong and that it even gained the endorsement of a prominent and well respected developer in the community that has a currency of his own.

The review by Dan Metcalf can be read here:
https://bitcointalk.org/index.php?topic=695457.msg8092391#msg8092391

What we have accomplished:

• An extremely fair launch with a diverse and powerful hash rate within moments of release. No premine, No instamine and No IPO.
• A dedicated dev comprised of over 20 team members and growing that posts and answers questions 24/7 in both our ann.
• Slow and steady growth on the exchanges to allow for fairness in the distribution of the coin. ( we didn’t buy up our own coin to accumulate for pump purposes, we want to give the keys to the world, and buy and sell with the traders)
• Public demonstrations of our anon system in which blocks of 20 key were given to all those who were willing to participate.
• A powerful and unique anon system that keeps your transactions secure using advanced encryption techniques, and randomized nodes that make it impossible even for the sender to trade the transaction through the block chain.

Goals (in no particular order and not a complete list):

• To maintain a level of progress, community outreach, and professionalism that proves our dedication to KEY, eventually gaining large scale adoption and trading across major exchanges.
• Increased adoption by prominent figures in the industry.
• To set the bar and change the alt market for the better by keeping things consistent and of a high quality. We believe that this will change the alt ecosystem for the better.
• Release an anonymous USB key based os that comes free with integrated trading tools, and an introduction to trading kit complete with a trading plan template for your personal use.
• Make improvements to our anonymous system as they are developed.
• Remain connected and in constant communication with our community, and taking their input and turning it into a reality.

In the spirit of sharing progress with KEY investors and supporters, we’d like to show a preview clip of the custom made informational video we have underway:

https://docs.google.com/file/d/0B_90UCWsvCdYejU4dG5QTGVZRk0/edit

KeyOS is also coming along well and we are testing and customizing the distribution in our dev group this week.

good job devs keep it up!

are you also the key maker???

Thanks for this recap
I can't check all the time but it's better i can read the best and avoid fud posts

[cryptowest]

Somebody wrote a C# program that breaks KeyCoin anonymous transactions.

Reddit link:

http://www.reddit.com/r/CryptoCurrency/comments/2c6pax/program_that_deanonymizes_anonymous_keycoin/

I haven't tested it yet.

Do you think that this attack is coming from this FUD group?

http://www.reddit.com/r/CryptoCurrency/comments/28hqu3/warning_to_all_anonymous_coins_promoters_and/

This was also posted on Reddit several hours ago:

http://www.reddit.com/r/CryptoCurrency/comments/2c5on7/anonymous_send_function_removed_in_latest_keycoin/

super fud. It needs direct access to one's wallet. It cannot break anonymity from just a receiving address.

exactly... it's like saying I can crack all your passwords, but only if I steal your laptop first.

[halfcab123]

exactly... it's like saying I can crack all your passwords, but only if I steal your laptop first.

It just keeps getting more pathetic, the lengths people are going to, to fud. If you really want to protect your investment in your failing coin, move to KEY.

[smille]

The FUDers are reaching so hard now, I'm kind of embarrassed for them.

[The Koolio]

FUDDERS FORGOT THE RULES OF THE FUD GAME!

[damiano]

I don't even bother acknowledging new accounts anymore.  Right when I see one I click ignore.  You all should do it

[keycoin]

Somebody wrote a C# program that breaks KeyCoin anonymous transactions.

Reddit link:

http://www.reddit.com/r/CryptoCurrency/comments/2c6pax/program_that_deanonymizes_anonymous_keycoin/

I haven't tested it yet.

Do you think that this attack is coming from this FUD group?

http://www.reddit.com/r/CryptoCurrency/comments/28hqu3/warning_to_all_anonymous_coins_promoters_and/

This was also posted on Reddit several hours ago:

http://www.reddit.com/r/CryptoCurrency/comments/2c5on7/anonymous_send_function_removed_in_latest_keycoin/

Dev here.

The attack is useless unless you already own the originating wallet.

The second reddit post, I'll have to thank the poster because it was an honest mistake linking to the old wallet in the Wallets section but the anon wallet in the News sections.

Fixed.

https://mega.co.nz/#!AoFCiZIA!SxLgk9kzie-hzkdpX5vHgTMzGnIRjxHwHmdalEjuZvo


Also we now have a sponsored spot on Bittrex volume page, and 750+ volume!!

 

[Ezravdb]

congratz!

[tungfa]

Dev here.

The attack is useless unless you already own the originating wallet.

The second reddit post, I'll have to thank the poster because it was an honest mistake linking to the old wallet in the Wallets section but the anon wallet in the News sections.

Fixed.

https://mega.co.nz/#!AoFCiZIA!SxLgk9kzie-hzkdpX5vHgTMzGnIRjxHwHmdalEjuZvo


Also we now have a sponsored spot on Bittrex volume page, and 750+ volume!!

 
[/quote]

Hey Dev
sorry but i am looking for a working MAC wallet !
The one on the 1st page (on this thread) does not work on my 10.9.4
any suggestions where to get one ??
Tx

[tungfa]

Hey Dev
sorry but i am looking for a working MAC wallet !
The one on the 1st page (on this thread) does not work on my 10.9.4
any suggestions where to get one ??
Tx
[/quote]

Hhahaaaaa
got it finally

https://mega.co.nz/#!cAJhhQaI!SQuZXkcJ2a2uc5jYQanZ3ZQue5p_y35aA-EQsgPq18Q
had to use CHROME !!! (it does NOT work on any other browser !!!)
 

[xephyr]

Weird how KeyCoin just showed up on BitcoinWisdom altcoin list today after a good runup.

[pbremen01]

Author of this C# Deanonymization program has posted some updates:

http://www.reddit.com/r/CryptoCurrency/comments/2c6pax/program_that_deanonymizes_anonymous_keycoin/

Honestly I don't understand exactly what is going on and I won't be able to test things until weekend.

Can someone explain why would anybody need more information than just the (mixer) address to which the coins were sent? I the case one of my anoymous transactions the coins were sent directly from my addresses (I have private keys for them, they were actually some change addresses of some previous (non anonymous) transactions) to this mixer address.

So if I have mixer address, then I can track three transactions that sent coins to this address and voila - I can get my original addresses which actually had some of my coins.

[adamandeve]

SO MANY KEYS

[Petr1fied]

Author of this C# Deanonymization program has posted some updates:

http://www.reddit.com/r/CryptoCurrency/comments/2c6pax/program_that_deanonymizes_anonymous_keycoin/

Honestly I don't understand exactly what is going on and I won't be able to test things until weekend.

Can someone explain why would anybody need more information than just the (mixer) address to which the coins were sent? I the case one of my anoymous transactions the coins were sent directly from my addresses (I have private keys for them, they were actually some change addresses of some previous (non anonymous) transactions) to this mixer address.

So if I have mixer address, then I can track three transactions that sent coins to this address and voila - I can get my original addresses which actually had some of my coins.

Who cares? If it doesn't start from the final receiving transaction with no reference to the original sending txid's in the first place and work it's way backwards from that point (highlighting all transactions that were part of the anonymous payment) it is useless.

Starting from the sending end is pointless and any fool could do that.

[Coin-Moron]

Author of this C# Deanonymization program has posted some updates:

http://www.reddit.com/r/CryptoCurrency/comments/2c6pax/program_that_deanonymizes_anonymous_keycoin/

Honestly I don't understand exactly what is going on and I won't be able to test things until weekend.

Can someone explain why would anybody need more information than just the (mixer) address to which the coins were sent? I the case one of my anoymous transactions the coins were sent directly from my addresses (I have private keys for them, they were actually some change addresses of some previous (non anonymous) transactions) to this mixer address.

So if I have mixer address, then I can track three transactions that sent coins to this address and voila - I can get my original addresses which actually had some of my coins.

Who cares? If it doesn't start from the final receiving transaction with no reference to the original sending txid's in the first place and work it's way backwards from that point it is useless.

Starting from the sending end is pointless and any fool could do that.

But in the final edit section it says otherwise.

[Coin-Moron]

Author of this C# Deanonymization program has posted some updates:

http://www.reddit.com/r/CryptoCurrency/comments/2c6pax/program_that_deanonymizes_anonymous_keycoin/

Honestly I don't understand exactly what is going on and I won't be able to test things until weekend.

Can someone explain why would anybody need more information than just the (mixer) address to which the coins were sent? I the case one of my anoymous transactions the coins were sent directly from my addresses (I have private keys for them, they were actually some change addresses of some previous (non anonymous) transactions) to this mixer address.

So if I have mixer address, then I can track three transactions that sent coins to this address and voila - I can get my original addresses which actually had some of my coins.

Who cares? If it doesn't start from the final receiving transaction with no reference to the original sending txid's in the first place and work it's way backwards from that point it is useless.

Starting from the sending end is pointless and any fool could do that.

But in the final edit section it says otherwise.

Can someone verify this before it brings something worse?

[Petr1fied]

But in the final edit section it says otherwise.

Then the original poster should be more clear in his/her edits:

This program returns address that was used by your wallet to send coins to mixer.

This indicates that it already knows the starting point as it originated from his/her wallet. It is therefore not starting from the end with zero knowledge of the starting point in the first instance.

[pbremen01]

But in the final edit section it says otherwise.

Then the original poster should be more clear in his/her edits:

This program returns address that was used by your wallet to send coins to mixer.

This indicates that it already knows the starting point as it originated from his/her wallet. It is therefore not starting from the end with zero knowledge of the starting point in the first instance.

Yes, this is indeed not clear. But from the context I think that the meaning of this sentence is: this is the address that was used by sender's qt client to send coins to the mixer.