[ANN][MID]MidasCoin|New Scrypt PoM|Backed Value|ATM card|Referral|NO IPO|UNIQUE

[flapman1]

How much will it cost to use your sources to get the e-mail of a BTC user called "raiuk".  He is FUDster who has cost some Romanian individuals some money. They wish to have a friendly conversation with him.  The e-mail address is all that is necessary. PM me and we will work something out.

[raiuk]

How much will it cost to use your sources to get the e-mail of a BTC user called "raiuk".  He is FUDster who has cost some Romanian individuals some money. They wish to have a friendly conversation with him.  The e-mail address is all that is necessary. PM me and we will work something out.

What are you talking about what source? Midas will never give private information good luck.

[PCJargon]

How much will it cost to use your sources to get the e-mail of a BTC user called "raiuk".  He is FUDster who has cost some Romanian individuals some money. They wish to have a friendly conversation with him.  The e-mail address is all that is necessary. PM me and we will work something out.

What are you talking about what source? Midas will never give private information good luck.

They won't give it, they'll just steal it...

[raiuk]

How much will it cost to use your sources to get the e-mail of a BTC user called "raiuk".  He is FUDster who has cost some Romanian individuals some money. They wish to have a friendly conversation with him.  The e-mail address is all that is necessary. PM me and we will work something out.

What are you talking about what source? Midas will never give private information good luck.

They won't give it, they'll just steal it...

Well, let's see how the market will react to these news. You panda guys are totaly insane.

[PCJargon]

How much will it cost to use your sources to get the e-mail of a BTC user called "raiuk".  He is FUDster who has cost some Romanian individuals some money. They wish to have a friendly conversation with him.  The e-mail address is all that is necessary. PM me and we will work something out.

What are you talking about what source? Midas will never give private information good luck.

They won't give it, they'll just steal it...

Well, let's see how the market will react to these news. You panda guys are totaly insane.

Panda guys? I'm not a panda, nor am i involved in that idiotic coin.

The scammers behind this coin (you being one of them?) stole my email address and got me here, and still haven't owned up to how they got a hold of our emails.

[flapman1]

How much will it cost to use your sources to get the e-mail of a BTC user called "raiuk".  He is FUDster who has cost some Romanian individuals some money. They wish to have a friendly conversation with him.  The e-mail address is all that is necessary. PM me and we will work something out.

What are you talking about what source? Midas will never give private information good luck.

They won't give it, they'll just steal it...

Well, let's see how the market will react to these news. You panda guys are totaly insane.

Your Panda FUD is the least problem, Panda is small money... you cost some people over in certain countries $100,000+ when you FUD on their coin and everyone dumped early. They are not happy.  They want to talk to understand.  Crypto is not just small fun Panda money.  Now you are here and so are they. With right bconnections with the people in the right government and bags of money the world is made of glass.

[studio1one]

This coin was on my radar, then I did some investigating.

Because of this: https://github.com/MidasPaymentLTD/midascoin/blob/master/src/main.cpp#L1778
This disallows ANY pool or solo miner from using their own address for a block to be accepted.

Now, skip ahead to here: https://github.com/MidasPaymentLTD/midascoin/blob/master/src/main.cpp#L4290
You CAN mine, but it wont matter what address you or the pool uses, it will automatically go to the 'tax address.'

Now, this is NOT decentralized. Sure, the VERIFICATION of blocks and transactions is decentralized, CONFIRMS are not. Confirms are when blocks confirm each other in the hashchain.

Since you cannot have a different publickey for an address to generate a block (or have it be accepted by the network at any rate) block generation is centralized.

As per the twitter: https://twitter.com/MidasPay/status/509471382871494656
Image ref: http://puu.sh/bsK4G/e04f5782cd.png

Please send the 10 BTC to this address: 1QuinngrXdsMWM3tejsWqrEJYPDF5ZccW

Again the statement to prove is "only central pool/node can confirm blocks/transaction"

Maybe you didn't noticed, but twitter has a link to this same forum, that specify the statement, why you keep playing on words?  Do it for real!   That's not an ethic discussion of what mean centralized, there is a precise statement!

Prove that only central node can confirm/authorize transactions and you get the bounty.

https://bitcointalk.org/index.php?topic=760755.msg8752074#msg8752074

Challenge is here and is not going anywhere

Prove that only central node can confirm/authorize transactions and you get the bounty.

https://bitcointalk.org/index.php?topic=760755.msg8752074#msg8752074
https://bitcointalk.org/index.php?topic=760755.msg8752074#msg8752074
https://bitcointalk.org/index.php?topic=760755.msg8752074#msg8752074

Regards

If you read, I stated that

Sure, the VERIFICATION of blocks and transactions is decentralized, CONFIRMS are not. Confirms are when blocks confirm each other in the hashchain.

Because only 1 address can actually get the coinbase (anything else is disallowed) that means that only 1 address can confirm blocks. When you confirm a block, you verify transactions inside. Edit:

block you verify

In this case, verify meaning that the validity of the transaction in the block is accurate. Not just the hash of the transaction.

Prove that only central node can confirm/authorize transactions and you get the bounty.

Hence from my previous statement, the central node (according to the blockchain; since the authenticity of anyone else mining on the address CANNOT be made,) is the only node that can confirm blocks and transactions.

As far as I am concerned, this coin is not minable, and you are renting your hashrate to a pool, which as far as I can tell, is not trustworthy.

This man is correct and owed 10 btc

[KeyserSozeMC]

Best comedy I've seen lately is played in this thread

10 last pages are just.. WOW!

[newuser01]

- 2051 members being scammed on Midaspool.com

- 300 new scammed everyday

- Peak theft rate of 31 Ghash/ - Average theft rate 12+ Ghash.

- Scam Host platform at 0 fee - Accept payment without hosting daemon (paypal ripoff)

- Integrated financial Platform with imaginary ATM Debit Card and ICC (imaginary credit card)

- Top scam organizer team: http://midaspay.io/the-golden-squad/

- Unique lingo to hide scam, PoM. Unnecessary hashpower increase currency value (we take all your hash)

- Backed by imaginary gold reserve.

- Guaranteed increasing value (until it crashes because we unload all the coins you sent us)

- Guaranteed slow community support helpdesk: 8 hours for low priority (smoking weed) - 2 hours for Urgent. (sobering up and responding occasionally)

- No Premine. No IPO. No dump on exchanges. (for two weeks)

- No exchange on day 1 (or on any other website ever)

- 236 MidasCoin already paid through the Referral system. (pyramid scheme to the moon!)


These Are facts, all the rest is true too.

       

QFT

[newuser01]

This coin was on my radar, then I did some investigating.

Because of this: https://github.com/MidasPaymentLTD/midascoin/blob/master/src/main.cpp#L1778
This disallows ANY pool or solo miner from using their own address for a block to be accepted.

Now, skip ahead to here: https://github.com/MidasPaymentLTD/midascoin/blob/master/src/main.cpp#L4290
You CAN mine, but it wont matter what address you or the pool uses, it will automatically go to the 'tax address.'

Now, this is NOT decentralized. Sure, the VERIFICATION of blocks and transactions is decentralized, CONFIRMS are not. Confirms are when blocks confirm each other in the hashchain.

Since you cannot have a different publickey for an address to generate a block (or have it be accepted by the network at any rate) block generation is centralized.

As per the twitter: https://twitter.com/MidasPay/status/509471382871494656
Image ref: http://puu.sh/bsK4G/e04f5782cd.png

Please send the 10 BTC to this address: 1QuinngrXdsMWM3tejsWqrEJYPDF5ZccW

Again the statement to prove is "only central pool/node can confirm blocks/transaction"

Maybe you didn't noticed, but twitter has a link to this same forum, that specify the statement, why you keep playing on words?  Do it for real!   That's not an ethic discussion of what mean centralized, there is a precise statement!

Prove that only central node can confirm/authorize transactions and you get the bounty.

https://bitcointalk.org/index.php?topic=760755.msg8752074#msg8752074

Challenge is here and is not going anywhere

Prove that only central node can confirm/authorize transactions and you get the bounty.

https://bitcointalk.org/index.php?topic=760755.msg8752074#msg8752074
https://bitcointalk.org/index.php?topic=760755.msg8752074#msg8752074
https://bitcointalk.org/index.php?topic=760755.msg8752074#msg8752074

Regards

If you read, I stated that

Sure, the VERIFICATION of blocks and transactions is decentralized, CONFIRMS are not. Confirms are when blocks confirm each other in the hashchain.

Because only 1 address can actually get the coinbase (anything else is disallowed) that means that only 1 address can confirm blocks. When you confirm a block, you verify transactions inside. Edit:

block you verify

In this case, verify meaning that the validity of the transaction in the block is accurate. Not just the hash of the transaction.

Prove that only central node can confirm/authorize transactions and you get the bounty.

Hence from my previous statement, the central node (according to the blockchain; since the authenticity of anyone else mining on the address CANNOT be made,) is the only node that can confirm blocks and transactions.

As far as I am concerned, this coin is not minable, and you are renting your hashrate to a pool, which as far as I can tell, is not trustworthy.

This man is correct and owed 10 btc

dayym

I think this shitcoin just got owned

[mishax1]

I wonder who's hashing at 70% of the total network...   

[BTCspoon]

I wonder who's hashing at 70% of the total network...    

"They" are of course, with multiple workers, a way to give the feeling that the coin is not a failure. They are mining a coin with real value (litecoin or other scypt), so, it's a win win for "them" (probably a way to collect the 10 BTC they owe - ugh). What the real miner get? some Midascoin.

Do you understand that calling us scammers, you are calling as scammer Icanprogram
of fedoracoin fundation, our executive developer?

Probably the most respected cryptocurrency developer in all the cryptocommunity,  

Is there really anything to say? Icanprogran is the last of his kind, the kind of developer that never gets involved in any shady cryptocurrency projects. His background is known and his reputation on the crypto community is a bright light that inspire us all.

You cannot keep ignoring facts for long.

Try to call him scammer too, and let's see if the developers community back you this time.



Regards

Just to clarify a little, "Icanprogram" is like a car manufacturer, he make cars and is not responsible whatsoever if a someone use his vehicle/product to commit a robbery or a crime. You hired him to do some technical work, he deliver, doesn't mean he is involved more than that.

[srbty]

my wallet won't sync.

"1 hour behind" and stop. I have added the nodes.

v0.8.7.2-g714dec9-beta

[Hrenovka]

They have some issues. It is written on midaspool.com - "home"

[srbty]

They have some issues. It is written on midaspool.com - "home"

Tnx.

[earlz]

PoM is flawed and will enable very easy double spends.

Even though a 51% attack will yield no rewards from the block reward, it can still be easily used to overwrite transactions with 6 or more confirmations. This is a fundamental flaw with the design.

Welcome to the cryptocommunity, the place where you can make accusation  and try to damage business reputation without proof, without going to jail.

You are stealing all the communication space for the community, without nothing to say.

Is not strange, Earl, that you are sustaining this since day 1 of the Pre-Announce, long before seeing the source?  Inform  us about your divination secrets

Like stated before,  when you have nothing to say, silence is "golden".

       

You can't just ignore this. It's a shame really, cause you seem legit other than the fundamental flaws with PoM. I've skimmed over the code, and it does not ease my initial worries that I mentioned with PoM.

If you don't address this problem, I'll have to do a trivial double spend attack to prove it before people lose a lot of money as it hits exchanges

[mem_co]

Do you plan to add Midas Coin to other exchanges?

[mishax1]

I have withdraw the coins from the pool to my wallet yesterday but my balance is still unconfirmed, why is that ?

[63296310]

I have withdraw the coins from the pool to my wallet yesterday but my balance is still unconfirmed, why is that ?

fork

[r0b1nuk]

how can it be forked if there is only 1 pool?