IMPORTANT COMMUNICATIONHi everyone,
Today is a good day for Fluttercoin community !
After reaching (and getting) a massive community approval, I finally got Mintpal fluttercoin wallet back (not in my own hands). Was a long process, spent a lot of time on it. I worked it out with Ferdous - and I would like to let everyone know that Ferdous is working real hard to get poeple's money back, and any help would be appreciated (please donate here
http://www.mintpaljustice.com/).
So a trusted TeamFLT member in control of the wallet balance. We are now moving all those coins to a secure address F6M4kUPkedBafXNdTdjR4ercNYvbMqZbFJ Reason is we are not sure if Ryan Kennedy have or not private keys, so we want to move the coins to avoid further criminal action from him. There is 30 000 block so it is a long process, and he can try some bad action in the process. We have user adresses and balance, so we can soon start sending coins back. For security purpose, a limited group of persons will handle it all.
We will send each user an email explaining the situation and asking for a valid Fluttercoin address. We will send coins back as soon as we receive your email responses. Even those within us will have to send an email to avoid any unfair practice, and to allow us to keep track of everything. All this affair is in legal hands, so we want to be able to cooperate if needed.
The bad part is there is a negative balance of
6 781 757 FLTs (Hot wallet balance :
59 118 051, users balance
65 899 808). So probably more people then we supposed got able to cashout in V2 - or maybe other unknown reason, but either way, we have a lost here. Some of you guys already advised us of being able to withdraw coins :
...And I also have been able to withdraw from V2. (70,000 FLT)
... and I've been able to withdraw from v2
(110 000 FLT) if you want to count exactly what's missing
I tried to withdraw it, some transactions made it through (706094,7 FLT)
Thank you for your fairness, so we will deduct those coins from the negative balance. In the email we will send out, we will ask everyone to be that fair. Let's show how fair people can be. So for now, 6 781 757 flts - 886 095 flts = 5 895 662 missing FLTs, or
8.95%.
We propose then to send back each user balance MINUS 8.95% to stand the loss. It's not perfect, but it's what we can and for my part I'm so happy people get their coins back !
There will be for sure people that won't reclaim their coins, but we can't rely on it. I would suggest remaining Fluttercoin to be donated to Bounty Fund and allow Team FLT to continue Fluttercoin development. Remember, no IPO - ICO, no premine, no hidden block, we work on donations and good will !
It's indeed a good day for us all. We get back our coins, we show outside investors how dedicated and honest we are, we show that we are here to stay !
Last thing i would share with you, and it's my own opinion, others may have different stand point. We got to see how risky it is to keep large amount of coins in exchanges. I would suggest all of you to take advantage of this situation by loading the latest client
http://fluttercoin.us/download/ and staking your coins. You will help secure and fasten the network, you will drop the supply on exchanges (so the price may rise), and you will be rewarded big time (PoS is realy rewarding!).
And on top of staking our coin, if you want to say ''thank you'' and help further developpement, there is a perfect way to do so : FlutterShare. You can set up a % of your staking reward to be sent to a third part adress (TeamFLT bounty fund is FShqpDupfZKaw6zkDyqYhZop3P86NRZiet).
http://fluttercoin.us/flutterspeed-and-fluttershare/Let's the fun begin !
