Topic: [ANN] [$PAC] [X11] Community Governed | Masternodes | Actively Trading - page 26. (Read 43261 times)

"trying to deceive" yip takes 1 to know 1 hey but at least that guy talking in facts unlike u....funny how u didn premine for total coins of old pac but didnt swap em out clean.... its like a bank swapping to new note but telling people soz u cant swap them now lol.... maybe if u done a CLEAN swap there wouldnt be this issue.

u didnt and dont show thanks/respect to those that helped old pac ( which in long term helped the rebirth of $pac due to the interest in it, im not downing the work thats put into it by the devs but to not show thanks or respect to the 1s that help build the back bone of community n da shaodws and get interest in old pac shows the devs style of play ).

U just play them like fools and swap swap dates and lie to them and dont try to mediate with them esp old guards that have large trust within large crypto community thats your mistake not mine....

u/devs had every chance to pm or work things out but nah, more lies and bs...
lol cost    u cost me billions of oldpac and cost me alot of mining time and elect cost and time sorting oldpac out on topia...
some people never learn dont kick those that help ya in da nuts or they will kick back :_)>

See in crypto u win more with crypto facts not bs and lies...

Facts+alil Fu=crypto ( crypto troll ) win.

So il point out the crypto FACTs and flaws within to make other awares of $pac devs deeds...

Da ja
Stabycroc ;_)>

CRYPTOPIA HACK UPDATE

Firstly, to the best of the $PAC teams knowledge, only ETH and ERC20 tokens have been the target of the hack whereas all $PAC balances have remained safe...  With that said, the response the $PAC team received from the NZ Police department is as follows:

Dear Cryptopia Customer,

You recently contacted the New Zealand (NZ) Police to advise you were a customer of the Cryptopia crypto-currency Exchange, following notification on the 14th January 2019 it had been placed into ‘maintenance’ after suffering a serious cybersecurity breach.

You advised you have funds held by Cryptopia and wanted to know how to access these. This is, and will remain, a protracted and complex investigation.

Police are currently working in conjunction with Cryptopia management, staff and a number of other agencies to establish how the breach occurred and who is responsible.

We appreciate your patience as the enquiry develops.

NZ police are also working with Cryptopia to enable them to shortly begin communicating directly with their customers.  At this time there is no confirmed date when they will resume business operations, however, we expect this may occur in early February 2019. Please continue to monitor the Cryptopia webpage for further updates from the company in due course

Conveniently you have skipped the answer on the last post you quoted above - ignoring relevant statements of a discussion is often an indication that a person is trying to deceive.
Even if that was not done on purpose, so far you have claimed / believed that I am $PAC main dev who I am not, then you mistakenly claimed that the $PAC October hard fork has to do with the swap from old paccoin to $PAC in this very thread - it is no wonder that nobody believes you, as you noted yourself already. In any case, it is clear you are set to hurt $PAC no matter the costs...

If u read back i warned all they were stealing and changing swap dates and liein to long term holders but meh and blah to u all...

dont they realize im Ex exchange mod and seen this kind of stuff before and know about the goods and the bads devs have done before these fools were even a wink in there 2x dads eye's??!?
Warned u all....

And i was the 1 that got all there info updated on old pac on topia which made the coin look more verified which got more vol and interest in it but they dont care there just out for themselves and there backpocket.
I was 1 of the only sha miners of this coin when it was on ispace mining pool and solo mined abit and never sold at any time but tried to swap and got lied and played like a fool with no crypto clue they were just after stealing my big bag threw there lies and ponzi.

Da Ja
Stabycroc ;_)>

The $PAC brand front and centre in NYC Time Square!



Credits go to $PAC team member @Robin Matthes / @Gi-san (as found in the $PAC discord server).

$PAC Treasury activity summary

$PAC Treasury Department has issued their first summary. It details into various prop submissions, use of treasury funds and outward expenditure from $PAC project. The summary can be found here:

https://blog.paccoin.net/pac-treasury-update/

$PAC efforts in Africa - a follow-up

Please find the information on the $PAC listings on two African exchanges and the $PAC new African Charity Outreach that brings financial support coupled with the efforts to bank the un-banked here:

https://blog.paccoin.net/the-pac-african-charity-outreach-bringing-financial-support-and-banking-the-unbanked/

$PAC trivia is back!

$PAC discord server trivia is back! (to join the $PAC discord server: https://discord.gg/Bx2HKfy).
The first round is starting today in less than an hour (22:00 CET)!

For all relevant details please check:

Hello,

What i mean with 'on exchange redemption' is the swap of coins that happend on the exchanges Cryptopia, Yobit and Trade Satoshi.
The old PAC that was on the exchange got swapped to $PAC by the exchanges.

Cryptopia: 822.769.874 $PAC  PEm7qsX6onMThpiQSr7o3aTRW819qr3q72
Yobit: 370.997.069 $PAC  PUs8VaA7zG9C7YxSvUoQg7C2weNPi3xi86
Trade Satoshi: around 100mil, waiting on the address to show it.

Those are the addresses we sent the coins to for the on exchange redemption. the exchanges distributed the coins to their users holding old PAC.

I hope this explains it. If you have any questions you can always email me.

Kind Regards,
Koen Peters
[email protected]

To the $PAC Team, keep up the good work, quality will prove itself the real yardstick of success. You guys will be best.

Many members of the $PAC team have long been public, and have a good reputation. You need to know more about $PAC from official sources, and then ask. I am sure that   you'll get  provide the evidence that you require. The team works hard, and in the near future we will see the results of their work.

$PAC is a community opensource project. I cite specific facts, specific numerical values. And where did the numbers from the team representative come from - an open question, why 1 375 000 000 $PAC, and not 1 600 000 000 $PAC or 600 000 000 $PAC for example? Where is the confirmation of this? Why should we believe unsubstantiated numerical values, provided by some unknown person?

Hello SaniaNet, this is your hobby, what answer will satisfy you?

My calculations are based on the rules of exchange agreed upon by the community. Everyone can check my calculations by himself.
If the swap with the exchanges did not go according to the rules, how can you confirm that exactly 1 375 000 000 $PAC coins were sent to the exchanges? What identifiers of the relevant transactions and confirmation that these transactions belong to the exchanges?

Hello SaniaNet,

You forgot 1 thing in your calculation and that is that there was on exchange redemption on Cryptopia, Yobit and Tradesatoshi. Wich all had a big volume so they had a lot of coins. Here are the calculations:

Premine 3.550.000.000
You claim there is 1.711.849.758.428 PAC redeemed before june 1st that is 1.711.849.758 $PAC (seems right)
3.550.000.000-1.711.849.758 = 1.838.150.242
160.000.000 split accross 4 founders for the expenses they have made (https://blog.paccoin.net/paccoin-pac-redemption-update-improving-founding-member-transparency/)
1.838.150.242 - 160.000.000 = 1.678.150.242 $PAC
With june redemption 4000:1.
1.678.150.242 - 14.305.830 = 1.663.844.412 $PAC
On exchange redemptions: about 1.375.000.000 $PAC
1.663.844.412 - 1.375.000.000 = 288.844.412 $PAC what went to treasury for operational costs as shown in this post: https://www.reddit.com/r/PACcoinOfficial/comments/8wvkqt/the_paccoin_to_pac_redemption_is_officially_closed/

Kind Regards,
Koen Peters
[email protected]

Ok.

By premine was generated 3 550 000 000 coins of new $PAC (first 100 blocks)
Before June 1, 2018 (00:00 CST or 06:00 UTC) was sent to the swap address 1 711 849 758 428 coins of old paccoin - this corresponds to 1 711 849 758 coins of a new $PAC.
According to the developers, the exchange was completed on June 1, 2018.
After the swap was to remain: 3 550 000 000 - 1 711 849 758 = 1 838 150 242 $PAC
Developers also reported that of the remaining 160 000 000 coins they had kept for themselves and placed in mastenodes for marketing operations.
1 838 150 242 - 160 000 000 = 1 678 150 242 $PAC
Developers reported that after the swap remained unclaimed 280 000 000 $PAC, which are stored on this address: http://usa.pacblockexplorer.com:3002/address/PCMDEry4GTXC8s9YNkKd7UtubWzpEZDGin (280 000 000 - 251 715 372 = 28 284 628 $PAC from this amount also disappeared in an unknown direction)

TOTAL: 1 678 150 242 - 251 715 372 = 1 426 434 870 $PAC coins disappeared in an unknown direction, i.e. 1.4 billion of new $PAC

Even if we assume that in June 2018 a manual exchange in the ratio of 4000:1 also took place, then during this period before July 1, 2018 (00:00 CST or 06:00 UTC) to the swap addresses were sent 57 223 322 956 coins of old paccoin - this corresponds to 14 305 830 coins of new $PAC

TOTAL (with June 2018): 1 426 434 870 - 14 305 830 = 1 412 129 040 $PAC coins disappeared in an unknown direction.

Let's multiply this count by an approximate weighted average rate of the coin from June 2018 to January 2019 equal 0.00000050 BTC

1 412 129 040 * 0.00000050 = 706 BTC of investor investments disappeared in an unknown direction.

At the average rate of BTC from June 2018 to January 2019 equal 5000 USD we get about 3.5 million USD disappeared in an unknown direction.

Think about this digit. 3.5 million USD are gone in an unknown direction.

After that, you still have doubts for what reason the value of the coin dropped 200 times?

--

You can independently verify all these calculations by summing up the incoming to the swap addresses of the coin. Link to the program (Qt + QJsonRpc) by compiling and running which you can get these numbers.

The $PAC developer update January 2019

Enjoy the detailed $PAC developer update for January 2019 - take a peek at what key network security measures are being implemented and what updates will be rolled out over the next days/weeks:

https://blog.paccoin.net/pac-development-update-jan-8th-2018/

I have thought I have briefly seen your message mentioning that you have had issues using Discord after joining the $PAC discord server; I assume you managed to solve that as well!
In any case, I am happy the $PAC wallet issue has been resolved!

Helped me in the community. I took the very first backup file from the folder bacups. I copied it to my wallet folder and renamed it to walett.dat. Restarted wallet - and lo and behold! My wallet appeared with balance! ))
Thanks for the help!

Friendly update to the PAC community

Though all of you are anxious for the return of $PAC functionality on all exchanges, $PAC team needs ample time to finish our next large update properly and include all new security features and several 'quality of life' improvements. This update needs to include security measures against mining attacks, which is a challenging problem the whole crypto-space is trying to solve, not just $PAC. The $PAC developers are working tirelessly, but testing and doing the necessary updates takes time, if it's to be done right.

Here is just one example of an unstable, attackable coin being removed from an exchange just the last week. More exchanges are doing this without warning to coins that aren't looking out for their investors. $PAC is NOT going to allow itself to be a target for these chain attacks.

https://twitter.com/CryptoCurrEncyX/status/1080169572030971904

We have a short term plan in the works to hopefully give us some more time, for which one expects the exchanges will accept as an interim solution. This fix also aims to improve mining hash power on the network. This may mean a continued, but temporarily high, confirmation mode for exchange fund verification - do note that this is purely for the sake of security, and will hopefully allow improved, yet limited functionality during this period. Also, please note that this is based on exchanges accepting this short term fix, this doesn't mean that all of them will open $PAC transactions on their platforms. $PAC team realizes this is not ideal, but one needs the additional time to prepare the next updates which should increase the stability and security of the $PAC network long-term.