Topic: [ANN] ADT Androids Tokens repair thread ( new client UPDATE NOW ) - page 35. (Read 46534 times)

all coins on cryptsy will be 100% safe and will be the first coins to be swapped for new ones 

to swap the coins what would happen is cryptsy would request coins to replace all the coins in there balance we would then provide them with the coins I will go into pore details in the posts

ive got about 8mil on cryptsy... what happens to them?

I, too have some reservations 

Implementation of the plan


I have contacted cryptsy / all other exchanges and requested a total of the amount of ADT they are holding so i know the % of coins that will have to be manually sent out to people

a lot of the top coin coders have been contacted and asked if they are willing to help make the new chain as good as possible but if anyone knows anyone that they think can do a good job of this let me know

The full plan

Things not wanted

don't want people to lose coins

no huge increase in coins produced

Things to be considered

will POW be enabled to make the coin have the original 180,000,000,000 coins or will it stay at around 66,800,000,000+ POS

the best way to replace people coins with the new coins ( only coins that are not currently on cryptsy )

who will make the new blockchain  ( have sent messages to a bunch of the top coders but its always good to have more options )

POS %

best way to insure no loss of coins that are currently unconfirmed

all exchanges and holders of ADT

Things that are set in stone

Basic plan
(nothing is set in stone yet and I am open to suggestions)

Ok we have got to the point where the code in ADT is letting us down far too often. I have an idea that would both permanently fix ADT as well as improve it.

This is just an idea and will not be implemented unless it has the ADT community's backing.

My plan is to get a new fully customised block chain that is cloned from a stable coin (the current blockchain is based on starcoin and it sucks)

It will have 66,800,000,000 coins in the 1st and only POW block. The POS will be 0.05% every 15 days (around 0.1% a month or 1.2% a year).

Average POS block time of 30 seconds.

I want to get a fully customised client made for

Windows
Linux
Mac OS

I also want to get an android wallet made.

I will be updating those details as needed.

Now for the important stuff:    

How I would implement this

1. I would get the new client coded by a real coder like sunny king.

2. I would contact cryptsy / exchanges and ask for the trading of ADT to be paused  for 48h.

3. I would provide cryptsy / exchanges with the new client and the same amount of coins that are currently on the exchange.

4. I would post the new client on this thread.

This is the bit that's not fully worked out yet but it will be something like this:

5. I would swap coins on the old chain for coins on the new chain at a 1:1 ratio.
By my best guesses there will be approximately  1 bill coins remaining after all the coins are handed out, due to coins that were lost during older issues.
I would leave it up to the community what would happen with the remaining coins I would suggest a faucet or something similar

Update 01/02/2014



The new Blockchain
I have decided that even if all the new features for the new blockchain are not complete by Monday morning the new blockchain will be released and the new features will be added in an update


The swap over
The swap will start as soon as possible after the new chain is running


Getting your coins from cryptsy
I have told cryptsy that people need to withdraw there coins as soon as POW is fixed in the update
( I have not had a reply from them about that )  

The old blockchain
  
There will be 1 more update to make POW work again it will be done so that the block reward is 0 this will make sure the block chain is moving plenty fast enough to get the swap over started


Jags disappearance

If jag does not show up soon I will be forced to take over as lead DEV in his absence unless there are any objections from the comunaty

( jag this does not mean I am steeling the coin from you it just means that someone needs to lead this coin and your not here to do that )



update 19/01/2014


you will need to download the block chain again and make sure you are on the same chain as this block explorer >

( please do not send coins until you have confirmed you are on the right chain using the block explorer  )

http://altexplorer.info/chains/ADT/block_crawler.php

it might temporary say that its out of sync due to the fact a block has not been found in a while but it should sort itself


The new block chain is now nearly ready to go as well

















There is an on going attack on the ADT network that is causing forks

( someone has made multiple cheackpointing servers and is making the coin fork like crazy )

I am looking into how the people responsible for this got the code as only 3 people had the code that's needed to make a cheackpointing server

The alternative is that someone hacked the old cheackpointing server and they went out of there way to damage the coin


There will be a new client available very soon that will kick the bad cheackpointing servers of the network


sorry for any inconvenience


zack



















problem - missing coins

solution 1

step 1 . go to help on the client
step 2. click on debug window
step 3. click on console
step 4. type repairwallet in the console

that worked for me



if anyone has other solutions to the problem let me know