IMPORTANT STATAMENT RELATED TO MINTPAL FAIRCOINS AND NEXT STEPS.
Please read carefully!
- Introductionwe waited until we have more information, to make this statement. With the possibility to give us time enough to study the better strategy,
for solving the problems that we relate below, without increasing the possibility for an hypotetical scammer to make unrecoverable the coins or sell for bitcoins. Now we think that this possibilities are reduced enough to make it public and require the collaboration of the faircoin community.
- how the situation of mintpal coins arrived to the hands of Faircoin development teamThe Mintpal Wallet contained: 14946903.112935999408 FAIR
The balance of the account data counted: 21787698.41457512 FAIR
Faircoins withdrawed in mintpal v2: -243666,36021 FAIR
Coins missing: -6597129,30163912
- how we have procedeed the withdrawal of mintpal coins.Smartaction had an account in mintpal of 9079874,833373 faircoin that belongs to a cooperative investment fund in benefit of different local projects.
He decided to give the advantage to other holders to withdraw their coins first, and everyone had the oportunity to receive their coins
and at least three weeks of time to do it.
Therefore the current 7174225,79808514 * in
https://chain.fair-coin.org/address/fFcy7XH7hY7o4BwaRgkFQVooM9m4dZGUwZwill be withdrawed by smartaction and after this yet will be missing 6597129,30163912
1905649,03528786 from smartaction
4691480,26635124 unclaimed
* after deduct 40973,05805086 claimed by [Suspicious link removed] that we have frozen until confirm the balance of this multipool with faircoin users.- Next stepsAfter this, we need your help for finishing the analysis where the lost coins are, and confirm if we have data enough to recover it and if it makes sense to do it.
At the technical level Thomas has done a development to make possible to recover lost coins from the blockchain, therefore
all depends if we are secure enough about what needs to be done, and if the community support our plan.
In fact, we have done already a lot of work this past weeks related blockchain analysis and we discovered that the first thesis that mintpal v1 told us does not makes sense enough. Therefore there is no proof that this coins are in the hands of Ryan/aleen green from moolah, at least not most of them.
An important proof of this is there are not enough unidentified coins in addresses younger than march 31 (data of mintpal beginning) to cover this 6.6 M coins.
The most probably option is that Mintpal V1 suffered in the early days of faircoin in mintpal, (march 31 - april 8 ; when faircoin had unvoluntary hard forks) from a block chain fork, a bug or a hack. If this is true, they credited coins to the balance of users when they actually shouldn't have.
Well, now, particularly, what we want now is to confirm if the addresses with a big amount which are not identified, belong to anyone that is reading us, or if are stolen or lost. For this reason we have copied here this list of adresses:
https://www.ethercalc.org/FAIRnonidentifiedmorethan20000postmarch31 (43 adresses older than 31 march not identified with more than 20000 FAIR)
Please PM smartaction if any of this addresses is yours and after you confirm your ownership we will update this list, and this will help us
to finish our analysis. Please process your personal search as soon as possible in order we can advance to the next steps sooner.
Otherwise if you detected in the past specially first days of Faircoin in Mintpal, any irregularity when you made deposits in Mintpal (like no transaction appeared in the good blockchain, but the balance was updated in your mintpal account), let us know.
- After thisIf we decide together on how to recover the confirmed lost coins. This will be distributed in this order to
* smartaction pending coins
* unclaimed coins that became claimed -only until december 31th, 2014
* projects and bounties to continue improving the faircoop and faircoin environtment
Yours
Enric Duran (smartaction) and Thomas Konig (thokon00)
Faircoin development team.
