An altcoin could be created that could make a "Hostile Takeover" on another coin.
All the altcoin would have to do is have better features or a higher valuation and everyone would destroy their coins to convert over.
There even a way make your coins untraceable once converted over.
Topic: [ANN] Service for Very Dangerous Coin for Sale [ANN] - page 3. (Read 1535 times)
Im flexible
Make an offer.
Make an offer.
OK - To show that this is serious I will give out SOME information here and now:
Everyone knows that in order to destroy coins one just simply has to send the coins to an address where there is no known key - but how do we know that the key is really unknown or that the coins are really destroyed?
But have you ever accidentally sent BTC to an LTC address or another altcoin address? If you managed to do so we know that those coins are really destroyed because there is no way to generate an wallet address on one blockchain that is identical to a wallet address on a different and alternative blockchain.
But what if there was an altcoin that COULD accept coins from a different blockchain? An altcoin that could generate coins not through mining but through finding destroyed coins on an alternative blockchain?
More to come...
Everyone knows that in order to destroy coins one just simply has to send the coins to an address where there is no known key - but how do we know that the key is really unknown or that the coins are really destroyed?
But have you ever accidentally sent BTC to an LTC address or another altcoin address? If you managed to do so we know that those coins are really destroyed because there is no way to generate an wallet address on one blockchain that is identical to a wallet address on a different and alternative blockchain.
But what if there was an altcoin that COULD accept coins from a different blockchain? An altcoin that could generate coins not through mining but through finding destroyed coins on an alternative blockchain?
More to come...
Sounds interesting but if I were you I will just create a coin for this and do an ico,you can easily raise 50 Bitcoin with this,instead of one man getting hold of that information,truth not every one here are whales and could not cough out more than $50,000
OK - To show that this is serious I will give out SOME information here and now:
Everyone knows that in order to destroy coins one just simply has to send the coins to an address where there is no known key - but how do we know that the key is really unknown or that the coins are really destroyed?
But have you ever accidentally sent BTC to an LTC address or another altcoin address? If you managed to do so we know that those coins are really destroyed because there is no way to generate an wallet address on one blockchain that is identical to a wallet address on a different and alternative blockchain.
But what if there was an altcoin that COULD accept coins from a different blockchain? An altcoin that could generate coins not through mining but through finding destroyed coins on an alternative blockchain?
More to come...
Everyone knows that in order to destroy coins one just simply has to send the coins to an address where there is no known key - but how do we know that the key is really unknown or that the coins are really destroyed?
But have you ever accidentally sent BTC to an LTC address or another altcoin address? If you managed to do so we know that those coins are really destroyed because there is no way to generate an wallet address on one blockchain that is identical to a wallet address on a different and alternative blockchain.
But what if there was an altcoin that COULD accept coins from a different blockchain? An altcoin that could generate coins not through mining but through finding destroyed coins on an alternative blockchain?
More to come...
The real problem here is you will get 5 BTC either way even if the person who bought the info from you already know this info you told him or found it useless you still gonna force him to pay 5 BTC . Why would anyone do this to himself .
If you read the post you would see there is another option where I don't get anything as long as the escrow is in on the information. The first option is to protect me from being scamed and robbed.
The real problem here is you will get 5 BTC either way even if the person who bought the info from you already know this info you told him or found it useless you still gonna force him to pay 5 BTC . Why would anyone do this to himself .
Well to see is to believe,I hope no one here had 50 bitcoin to deal with your offer so you can post it here and let see how credible on what you have there,honestly I have never read what you have just posted here so I'm interested if it is really worth it.
I just posted this ad in alternate coin services as well so I will give it a little more time to get offers.
There is not escrow service that can be trusted with 50 BTC? What do you have to lose?
Well to see is to believe,I hope no one here had 50 bitcoin to deal with your offer so you can post it here and let see how credible on what you have there,honestly I have never read what you have just posted here so I'm interested if it is really worth it.
I am not getting any reply's or offers.
It does not seem like anyone is interested so I will just post the information today maybe someone will contract me to design the coin after I submit.
It does not seem like anyone is interested so I will just post the information today maybe someone will contract me to design the coin after I submit.
Quote
If the information is not sold by Wed April 26th 11:59pm 2017 then I will post the information here to this topic.
I am obligated to tell you that in the long term this exploit will absolutely destroy Bitcoin or whatever crypto is targeted irregardless of the valuation.
If I post the information here I promise you that things in crypto are going to change forever and you will wish you had bought this information from me. I promise you.
I am obligated to tell you that in the long term this exploit will absolutely destroy Bitcoin or whatever crypto is targeted irregardless of the valuation.
If I post the information here I promise you that things in crypto are going to change forever and you will wish you had bought this information from me. I promise you.
Bitcoin would have to fork in order to survive and it would not be the same coin; in addition, the fork would still be susceptible to another attack.
Service for Very Dangerous Coin for Sale
First of all:
I am not a newbie.
I was known on here as "usscfounder" before the FBI raided the tormail servers and I lost my email account.
You can look at the creation date of this account and you will see that it was registered shortly after the FBI raids on the tormail servers.
You can request bitcointalk to validate that usscfounder's email was [email protected]
I am offering information and an (optional) service for sale.
I am a theoretical physicist and have a background in information systems and business analysis [I.T]. I have also been told on more than one occasion that I am a genius.
I have an idea for a new type of cryptocurrency or coin if you will.
If my idea is properly implemented it should produce a dominant coin with a possible valuation higher than bitcoin.
However, the coin will have a significant impact on the cryptocurrency market and community as a whole.
Please understand that I found a weakness in Bitcoin and ALL of the other cryptocurrencies; a weakness that can be exploited if the exploit is implemented properly.
Possibly it may devalue bitcoin and the other coins or maybe it won't have much effect; but, I guarantee that it will have an impact and change cryptocurrency forever.
I made this discovery years ago and thought it too dangerous to implement because I knew it would change cryptocurrencies forever; so, I kept it to myself until now.
The exploit is not in the code itself but rather in the overall design of cryptocurrencies.
Bitcoin greatest strength is also it's greatest weakness: It's own blockchain
I am offering information on the exploit and a coin that if implemented properly can de-throne bitcoin as the number 1 coin inmarket share valuation.
I am obligated to tell you that in the long term this exploit will absolutely destroy Bitcoin or whatever crypto is targeted irregardless of the valuation.
I am willing to give this information and offer my service as a consultant to implement a coin that can take dominance away from Bitcoin or any other cryptocurrency.
Using escrow that we both agree on I will give this information for 50 BTC and offer my service for an negotiable fee.
All escrow fees are to be paid by the buyer.
(Using Escrow with no knowledge of the information)
This is the type of information you may not want anyone else to know; including escrow. You can buy it from me and then just sit on it and do nothing if you want but I will honor the payment and disclose it to no one else. However, If you should decide that the information is not worth 50 BTC and tell escrow not to pay then escrow will pay me 5 BTC (10%) because of the information that I gave you. After that I will solicit another buyer.
OR
(Using escrow with the same knowledge of the information that I give you)
If the escrow is to be let in on the secret then the escrow has the power to pay me even if you don't believe that the information is worth 50 BTC. If the escrow feels that the information will have a significant impact on the cryptocurrency markets then the escrow can choose to pay me the 50 BTC at his or her option whether you agree or not.
If you and the escrow both agree that the knowledge is not worth 50 BTC and that payment should not be made to me then I will post all of the information for all the world to see right here in this topic and let them decide for themselves; I will keep it a secret no longer.
If payment is made to me for the information (the service is optional) then I will disclose the secret to no one else and let you do what you will.
If no buyers or offers are made within a specific time frame I will disclose the information for all the world to see here in this topic.
BTW: I found a way to make it ABSOLUTELY IMPOSSIBLE to trace coins. I will include this information as well. If you can figure out a way to trace the coins then you don't have to pay. If I do not find any buyers then I will post this information as well for all the world to see.
If the information is not sold by Wed April 26th 11:59pm 2017 then I will post the information here to this topic.
I am obligated to tell you that in the long term this exploit will absolutely destroy Bitcoin or whatever crypto is targeted irregardless of the valuation.
If I post the information here I promise you that things in crypto are going to change forever and you will wish you had bought this information from me. I promise you.
PM me if interested.
[UPDATE Wed April 26th 2017]:
Since I am not getting any offers I will start to post below the method of how to use an altcoin to take market share from another coin (hostile takeover).
I will post the information to make coins untraceable at the very end.
I am offering my services to help you design the below altcoin.
My price is negotiable. I require a percentage of any coins gained from any conversion fees in the ICO.
I am offering my services to help you design an altcoin according to the specs below:
INFORMATION BELOW:(April 26th 2017)
As I stated before, there is an altcoin that can be designed to transfer value from one coin or blockchain to another. In order for this altcoin to be successful the altcoin MUST NOT generate ANY OTHER COINS except the coins converting from the other blockchain. This will ensure that most if not all of the value of the coin is transferred along with the coin itself.
When transferring the coin use the following method:
We will use "Bitcoin" (BTC) as the primary coin and "HostileCoin" (HTC) as the altcoin for this example:
1. Using a passphrase, generate an HTC wallet address using the brain wallet generator. The wallet will be empty and the passphrase will generate a wallet address and a key to unlock that address. Let's say for example the HTC wallet address = QWERTYASDFGZXCVBQWERTYASDFGZXCVB
2. Now send the Bitcoin (BTC) you want to convert to HTC to the same HTC address : QWERTYASDFGZXCVBQWERTYASDFGZXCVB
3. Your BTC will now goto that same address - BUT in the Bitcoin blockchain instead: QWERTYASDFGZXCVBQWERTYASDFGZXCVB.
4. However you don't have a key the the bitcoin address: QWERTYASDFGZXCVBQWERTYASDFGZXCVB. BECAUSE YOU DON'T HAVE A KEY TO THAT ADDRESS THOSE COINS YOU SENT ARE NOW DESTROYED.
5. After the coins you sent are confirmed in the bitcoin blockchain the HTC client will should start to look for its own address BUT in the Bitcoin blockchain instead (not the HTC blockchain). When it finds it's own address in the Bitcoin blockchain it knows those coins have been destroyed.
6. Once the HTC client has done at least 6 confirmations of the amount of coins at the BTC address on the Bitcoin blockchain it should then start protocols for generating the same exact amount of coins at the same address in it's own blockchain (HostileCoin blockchain).
7. The protocols to generate coins in the HTC blockchain should populate the wallet address: QWERTYASDFGZXCVBQWERTYASDFGZXCVB with the same exact amount of coins that have been destroyed minus any conversion fees.
8. At this point depending on how you develop the client you can either start to use the coins in HTC wallet or use other protocols to make the coins untraceable (More on this later).
9. You can use standard transaction fees afterwards when people start to spend their HostileCoins. Because the only way to generate an HostileCoin is to destroy a Bitcoin, the value of a HostileCoin should be close to or about the same as a Bitcoin. If your HostileCoin has more popular features than a Bitcoin then the value should actually increase. This is what will cause a problem for Bitcoin in the ICO; if the ICO has a small cap on the number of coins that can be converted everyone will rush to convert their coins before the cap is reached - especially if the price of the HostileCoin is rising.
Also there are other factors to consider. If you add protocols to prevent the coins from being traced the value will increase even more. Persons highly motivated to get rid of their Bitcoins would jump at the opportunity to convert their coins. I would bet they would even pay a premium to convert their coins rather than just letting the coins sit in a BTC wallet monitored by the FEDS.
10. Developers of the HostileCoin can actually make a profit by charging a small conversion fee in the Initial Coin Offering (ICO). An additional fee can be charged to make the coins untraceable.
11. Fork DASH or some other high value coin - removing the mining for coin generation and put HostileCoin generation to generate the coins instead.
12. Put a Cap of 210,000 coins on the HostileCoin [that's 1% of all Bitcoins]. Hard code it to make sure no more coins can be made after the cap.
13. Launch the ICO.
Ok I am back now.
I have decided to sell the first method I have developed to make the coins untraceable AFTER the transfer to HostileCoins.
The method I am selling WILL ALLOW anyone to trace the coins to the HostileCoin Blockchain but no further.
I will sell the info to whomever will make the best offer.
I am starting the bid at 2.295 BTC
I will accept BTC, DASH, or ETH
PM me.
I have even found a way to defeat all of these high speed, high production mining rigs using a special type of mining that I call Stake of Destruction (Sod)
MORE TO COME...
I have bids coming in now. Once payment is made I will close this post.
WHEN THE FOLLOWING ADDRESS REACHES 5 BTC THIS TOPIC WILL CLOSE:
1F4839in8RAaxmmucas57dNV5VncPvfURD
First of all:
I am not a newbie.
I was known on here as "usscfounder" before the FBI raided the tormail servers and I lost my email account.
You can look at the creation date of this account and you will see that it was registered shortly after the FBI raids on the tormail servers.
You can request bitcointalk to validate that usscfounder's email was [email protected]
I am offering information and an (optional) service for sale.
I am a theoretical physicist and have a background in information systems and business analysis [I.T]. I have also been told on more than one occasion that I am a genius.
I have an idea for a new type of cryptocurrency or coin if you will.
If my idea is properly implemented it should produce a dominant coin with a possible valuation higher than bitcoin.
However, the coin will have a significant impact on the cryptocurrency market and community as a whole.
Please understand that I found a weakness in Bitcoin and ALL of the other cryptocurrencies; a weakness that can be exploited if the exploit is implemented properly.
Possibly it may devalue bitcoin and the other coins or maybe it won't have much effect; but, I guarantee that it will have an impact and change cryptocurrency forever.
I made this discovery years ago and thought it too dangerous to implement because I knew it would change cryptocurrencies forever; so, I kept it to myself until now.
The exploit is not in the code itself but rather in the overall design of cryptocurrencies.
Bitcoin greatest strength is also it's greatest weakness: It's own blockchain
I am offering information on the exploit and a coin that if implemented properly can de-throne bitcoin as the number 1 coin in
I am obligated to tell you that in the long term this exploit will absolutely destroy Bitcoin or whatever crypto is targeted irregardless of the valuation.
I am willing to give this information and offer my service as a consultant to implement a coin that can take dominance away from Bitcoin or any other cryptocurrency.
Using escrow that we both agree on I will give this information for 50 BTC and offer my service for an negotiable fee.
All escrow fees are to be paid by the buyer.
(Using Escrow with no knowledge of the information)
This is the type of information you may not want anyone else to know; including escrow. You can buy it from me and then just sit on it and do nothing if you want but I will honor the payment and disclose it to no one else. However, If you should decide that the information is not worth 50 BTC and tell escrow not to pay then escrow will pay me 5 BTC (10%) because of the information that I gave you. After that I will solicit another buyer.
OR
(Using escrow with the same knowledge of the information that I give you)
If the escrow is to be let in on the secret then the escrow has the power to pay me even if you don't believe that the information is worth 50 BTC. If the escrow feels that the information will have a significant impact on the cryptocurrency markets then the escrow can choose to pay me the 50 BTC at his or her option whether you agree or not.
If you and the escrow both agree that the knowledge is not worth 50 BTC and that payment should not be made to me then I will post all of the information for all the world to see right here in this topic and let them decide for themselves; I will keep it a secret no longer.
If payment is made to me for the information (the service is optional) then I will disclose the secret to no one else and let you do what you will.
If no buyers or offers are made within a specific time frame I will disclose the information for all the world to see here in this topic.
BTW: I found a way to make it ABSOLUTELY IMPOSSIBLE to trace coins. I will include this information as well. If you can figure out a way to trace the coins then you don't have to pay. If I do not find any buyers then I will post this information as well for all the world to see.
If the information is not sold by Wed April 26th 11:59pm 2017 then I will post the information here to this topic.
I am obligated to tell you that in the long term this exploit will absolutely destroy Bitcoin or whatever crypto is targeted irregardless of the valuation.
If I post the information here I promise you that things in crypto are going to change forever and you will wish you had bought this information from me. I promise you.
PM me if interested.
[UPDATE Wed April 26th 2017]:
Since I am not getting any offers I will start to post below the method of how to use an altcoin to take market share from another coin (hostile takeover).
I will post the information to make coins untraceable at the very end.
I am offering my services to help you design the below altcoin.
My price is negotiable. I require a percentage of any coins gained from any conversion fees in the ICO.
I am offering my services to help you design an altcoin according to the specs below:
INFORMATION BELOW:(April 26th 2017)
As I stated before, there is an altcoin that can be designed to transfer value from one coin or blockchain to another. In order for this altcoin to be successful the altcoin MUST NOT generate ANY OTHER COINS except the coins converting from the other blockchain. This will ensure that most if not all of the value of the coin is transferred along with the coin itself.
When transferring the coin use the following method:
We will use "Bitcoin" (BTC) as the primary coin and "HostileCoin" (HTC) as the altcoin for this example:
1. Using a passphrase, generate an HTC wallet address using the brain wallet generator. The wallet will be empty and the passphrase will generate a wallet address and a key to unlock that address. Let's say for example the HTC wallet address = QWERTYASDFGZXCVBQWERTYASDFGZXCVB
2. Now send the Bitcoin (BTC) you want to convert to HTC to the same HTC address : QWERTYASDFGZXCVBQWERTYASDFGZXCVB
3. Your BTC will now goto that same address - BUT in the Bitcoin blockchain instead: QWERTYASDFGZXCVBQWERTYASDFGZXCVB.
4. However you don't have a key the the bitcoin address: QWERTYASDFGZXCVBQWERTYASDFGZXCVB. BECAUSE YOU DON'T HAVE A KEY TO THAT ADDRESS THOSE COINS YOU SENT ARE NOW DESTROYED.
5. After the coins you sent are confirmed in the bitcoin blockchain the HTC client will should start to look for its own address BUT in the Bitcoin blockchain instead (not the HTC blockchain). When it finds it's own address in the Bitcoin blockchain it knows those coins have been destroyed.
6. Once the HTC client has done at least 6 confirmations of the amount of coins at the BTC address on the Bitcoin blockchain it should then start protocols for generating the same exact amount of coins at the same address in it's own blockchain (HostileCoin blockchain).
7. The protocols to generate coins in the HTC blockchain should populate the wallet address: QWERTYASDFGZXCVBQWERTYASDFGZXCVB with the same exact amount of coins that have been destroyed minus any conversion fees.
8. At this point depending on how you develop the client you can either start to use the coins in HTC wallet or use other protocols to make the coins untraceable (More on this later).
9. You can use standard transaction fees afterwards when people start to spend their HostileCoins. Because the only way to generate an HostileCoin is to destroy a Bitcoin, the value of a HostileCoin should be close to or about the same as a Bitcoin. If your HostileCoin has more popular features than a Bitcoin then the value should actually increase. This is what will cause a problem for Bitcoin in the ICO; if the ICO has a small cap on the number of coins that can be converted everyone will rush to convert their coins before the cap is reached - especially if the price of the HostileCoin is rising.
Also there are other factors to consider. If you add protocols to prevent the coins from being traced the value will increase even more. Persons highly motivated to get rid of their Bitcoins would jump at the opportunity to convert their coins. I would bet they would even pay a premium to convert their coins rather than just letting the coins sit in a BTC wallet monitored by the FEDS.
10. Developers of the HostileCoin can actually make a profit by charging a small conversion fee in the Initial Coin Offering (ICO). An additional fee can be charged to make the coins untraceable.
11. Fork DASH or some other high value coin - removing the mining for coin generation and put HostileCoin generation to generate the coins instead.
12. Put a Cap of 210,000 coins on the HostileCoin [that's 1% of all Bitcoins]. Hard code it to make sure no more coins can be made after the cap.
13. Launch the ICO.
Ok I am back now.
I have decided to sell the first method I have developed to make the coins untraceable AFTER the transfer to HostileCoins.
The method I am selling WILL ALLOW anyone to trace the coins to the HostileCoin Blockchain but no further.
I will sell the info to whomever will make the best offer.
I am starting the bid at 2.295 BTC
I will accept BTC, DASH, or ETH
PM me.
I have even found a way to defeat all of these high speed, high production mining rigs using a special type of mining that I call Stake of Destruction (Sod)
MORE TO COME...
I have bids coming in now. Once payment is made I will close this post.
WHEN THE FOLLOWING ADDRESS REACHES 5 BTC THIS TOPIC WILL CLOSE:
1F4839in8RAaxmmucas57dNV5VncPvfURD
Jump to: