[ANN][FLT] Fluttercoin Ƹ̵̡Ӝ̵̨̄Ʒ | Proof of Transaction 3.0

IMPORTANT IMPORTANT IMPORTANT

Hi all. For many days now I've been trying to work something out to get our coins back from Mintpal. We can dismiss any Ryan help. He won't help in any way, and I suspect he will try to destroy any evidence, and that mean destroying the V2 DB. It's just a guess from me, but it's my understanding that he can't give any access to V2 because that may work against him. In any case, I consider we should act as if Ryan does not exist anymore.

Today I would propose something. And I would like everyone to share this as soon as possible. We may need a ''vote'' before we do anything, but at first I want to expose the situation and my idea.

Quick ''hint'', when Mintpal moved wallets from V1 to V2, few wallets stayed behind, including Fluttercoin. Maybe less then 2M FLT moved, allowing some lucky users to withdraw, but the remaining +-46M Fluttercoins stayed still.

Then all this shit happened.

Ferdous (investor raped by Ryan and now trying to prosecute him) got back control of those wallets. But how to send back those coins if we don't have any information to help doing so ? We would need V2 DB but Ryan won't give us.

The fun part comes in. Ferdous MAY help us with a backup of V1 DB. There is many tricky part as you can understand. Here is a short list :

- There have been many trades (sell, buy, withdraw) in V2. None would be included in V1. Imagine someone withdrawing 100 000 FLT in V2. In V1, he is still marked as having 100 000 FLT. If we just use V1 to send back coins - we will pay him, doubling his FLTs. Or someone buying 100 000 FLT on V2 will just loose it right away. Some persons would lose, some others (unfair) would gain some. I do expect most of you guys being fair play, but I no more live in a pink paradise filled with white rabbit.

- To allow us to send those coins to everyone giving us a FLT address, we do need access to personal informations (emails, balances, etc)

- It's nearly impossible to get everyone aware of this possibility. So I guess there would be some ''unclamed'' FLTs. What to do with those coins, who can handle it, etc.

- Ferdous don't want to have legal problem. They don't want to send us back Fluttercoin wallet and later have some kind of legal liability hitting them.

- etc.

+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

So here is what I propose. I would like you to ''APPROVE'' or propose better approach. If we want to try this, we need a HUGE majority approval. I won't even try doing so if you guys are not fully positive with the attempt.

- I would set up a very limited responsible group to handle the process. This group would be : Ofeefee, FLT lead dev, Hermann, project manager (and much more), and myself (big mouth). This group would sign a ''non disclosure'' paper - and then I would personnaly burn this paper.

- We would present our request to Ferdous - and hopefully we would get the wallet back.

- We would work with Ferdous to match the 46M fluttercoins to V1 DB, and if there is a negative balance (1-2M moved to V2), we would drop a bit each amount of FLTs to send (using prorata).

- Before to start asking to everyone a valid FLT withdraw address, we would update clearly on what to expect.

- We ask valid address (we may need to ask filling some kind of information doc, as did Faircoin team).

- We manually send back your fluttercoins. This step would last 1 week.

- We put the remaining FLT in stake for 1 month.

- We manually send back fluttercoins (if we get more withdraw address). This step would last 1 week.

- We put the remaining FLT in stake for 1 month.

- We manually send back Fluttercoins. This would be the LAST chance to get your FLT back.

+++++

Why to stake ? Because we believe there is about 2M missing FLTs, so it's a way to get some back in the stack. And it allow people time to send us a valid address.

What happen after 3 months ? The process is over. Remaining FLTs would be 1) Destroyed. 2) Donated to the Bounty Fund to allow further development.

Who will manually send the coins back ? Ofeefee.

++++++

Last word before the go sleep. Please be honest. If you have been able to withdraw FLT from V2, let us know. Don't try to angle shot those working so hard for your currency. Thank you.