Topic: [ANN] THE OFFICIAL COLOSSUSCOIN REPAIR THREAD (UPDATED APRIL 18TH) (Read 2979 times)

I have updated the original post to include the most recent version of the Blockchain as of May 27th, thanks to Sudo23

Also I have been working on some coding and testing lately, the Colossuscoin Blockchain needs some improvements, my skills are still in the beginning stages but have been making good progress.

Wallet syncing much better compared to previously. Going to see how staking is working. It's been ok, but a bit confusing. So, will return with further results along those lines the next time my coins matriculate into staking.

Updated to include the latest Blockchain Download, now you can Sync from scratch in 15 minutes versus having to wait for days.

Thank you Crestington!

The issues have been confirmed to be resolved, the OP has been updated and you can visit our main thread for more details https://bitcointalksearch.org/topic/ann-colossuscoin-152-big-strong-and-friendly-swap-closed-492392

Awesome. Been waiting for this and several people hounding them over it too.
Appreciate the update Luror.

FYI: Cryptsy finally fixed this bug, the real volume is shown now.

Colossuscoin was created off the Novacoin blockchain to become scrypt Pow/pos with a fast distribution and a massive float  and fast transaction times. This makes the blockchain grow very quickly in size. We tried making staking wallets in which we blasted 100 Col into 8 wallets every 30 seconds for a couple weeks but then there was IRC ban so I never really got to see the results. We got patches and checkpoint servers put in place and a downloadable version on the blockchain but it's still having problems. Thought everything was good but now having more problems with it.

looking for ways to do this and make it worthwhile for everyone. We do have the development team section if we need a more private place to mastermind this all, there is quite a bit of information there on all problems and alot of possible solutions.

Hi,

I have my colossus coins on coinedup. Would it be best to just leave them there until the IPO is over?

I am hoping coinedup will take care of the swap for me if I do not withdraw my coins.

I'm not sure if I should install the current wallet and transfer them to that, then swap them over to the new wallet when it is released.

The reason I stopped the IPO suddenly was because Sudo sent a test amount to the Cryptsy wallet, they would show and up on the blockchain UT t not on cryptsy. I sent Col coins from Cryptsy to coinedup, they did not arrive. I some coins from coinedup to Cryptsy (have a bit there too), they confirmed but did not arrive.

I would suggest not making Col transfers to or from Cryptsy right now testing first.

I think we should just all pitch in, in Btc, Ltc and use escrow, pay on delivery.  We take a backwards approach and build out in, we all decide how we want to make the coin, float, fee system, security etc. We sell some of the coins and update the client and a swapover only for Colossuscoin for distribution. In a sense we could make a coin 25% bigger than Colossuscoin and give everyone who owns Colossuscoin the opportunity to trade their coins 1:1 against a much better coin that will give them much more advantages. We try to help as many people who legimately lost coins but whatever is left over after 3-6 months is split amongst the initial investors, put in the development fund or both.

Why I say it like this is because this is cryptocurrency and no one owns the coin. The Foundation really is just a group of vocal supporters who are responsible for their own investments. If you lost coins because you are careless with your crypto it is not my problem, why people send billions in transactions without first researching and testing is beyond me. When it comes to the code of the blockchain there is no one to blame except possibly the mentality of the Bitcointalk community itself. They get the coin made and then want the developers to do all the work and get paid nothing.

I would do this for 5% of the new coin and I would put up to $1000 in but it would take a month to raise the funds. I can provide ID and put you in touch with the developers and we can do it all in escrow, pay on delivery. I would say if we want to do this properly it would cost about 20-30 btc and a part of the new coin. I would also want developers from the Bitcointalk community if they would want to get on board, I think this could be the answer to their shitcoin crisis.

Welcome Dennis. Your enthusiasm in appreciated!
Yes, I as well as others, have been asking to slow things down a bit and consider the best means of updating/upgrading the wallet and blockchain and possibly having extra funds for future marketing. As such, we are continuing further "masterminding" as you put it amongst current investors as well as prospective investors in hopes of coming a bit closer to a concensus in all that we want to have included in the 2.0 version. Although it's not probable to make every single person happy with desired new changes/features, I like that we are continuing on with talking up what is best for the coin as a whole before accepting additional investor pledges. Makes more sense to me to gather further member input. I would visit the forum over there for COL due to the fact that there is a bit more public/private dialogue goings on. 

Good information, I will download the updated.

Hi, I am new here. I registered and posted a reply. Unfortunately when I tried to post the message, it logged me out.
I do not like that when that happens!  I do not know how many really serious people you have working on getting
this coin back up and running again. But we need a mutually meeting place to get a master mind group working together.
I see you have a forum on CollossusCoinTalk.org  We need a master mind group to exchange ideas and marketing. I do
not know how many are really serious on getting this really off the ground. It seems to me over here at bitcointalk the
threads are all over the place. Not very organized. You need an organized concerted effort. I am new to the alt coin
concept. Learning as I go, mostly the hard way. I came across CollossusCoin at Crysptsy. I was at the Official Website,
and came across the wallet issue. Because the Cryptsy deactivation issue. Since then they changed their mind. There
are other coins that had lower volume than Collossus. Did not threaten them! I have some issues with how they operate.
3 month ago, the only alt coins I knew anything about was BitCoin and LiteCoin. Then I find out there are hundreds of
coins out there! And more are coming out everyday! Need to move fast, to get Collossus established or it is going to get
lost in the shuffle. I would like know of the history of CollossusCoin, like who started it. What kind of scrypt is being used.
Maybe that is a problem in itself? I know Bitcoin has SHA-256 scrypt and LiteCoin a different scrypt. Most of the newer
coins are using scrypt based on LiteCoin. After the wallet gets fixed, need a dedicated community working together to
promote CollossusCoin, like the community that Doge has. Including free coin faucets to promote the coin. ReddCoin is
copying the same idea and are probably part of the Doge community? Considering Doge came out in Dec. 2013, they
did a heck of a job establishing it. I think Collossus could do the same thing with a good group of people. Right now I
think you only have a few working with you. Hard to do everything yourself! I like yourself have a daytime job and not
enough $ to pay for the fix myself. I am willing to help in anyway I can to help get funding for fixing the wallet, blockchain,
and additional development. I know Crestington is the head honcho and Sudo23 has decided to help out too. I am
going to do what I can also. I could donate some of my Collussus, but I am not sure that is the way to go, since
you have to turn around and sell it. I saw you mention you could turn it on ebay for 10x its current value. But BitCoin,
LiteCoin and cash would work better. Let me put on my thinking cap and maybe I could come up with some alternate
methods.

Have A Fantastic Week! Crestington and Sudo23
dennislevy

It is not set in stone yet, I asked bit John about it and he said he would talk to Paul to work it out.

It's great news that Cryptsy has agreed to to a swap of Colossuscoin 1.0 coins for Colossuscoin 2.0 coins.

Project Development Donation Addresses:
COL: 22wP7kdGCcCKmjSWZBNWauyHiK6KLHN4mX
LTC: LWD421APXW3ZRzem7HbYAD35a54JW3iy3e
BTC: 1PaU2cao6qN7odXjCqHEoSLs4NEpw3JtNU

I've updated the main topic to include the initial details of the Colossuscoin 2.0 IPO

I've updated the original post to include the development fund addresses

 

Cryptsy is at fault here since they had the means and opportunity to inform us of what they planned to do but did not and as a result, investors lost approximately 250,000 usd. I will be posting Skype logs later on confirming I had talked to Bit John days prior including a message the day before the delisting announcement stating we have a team to fix the problem and would begin fundraising for the fix but again, no notice.

Oh yes. blame cryptsy for the coin having a broken chain. blame cryptsy for the insane block reward making each coin worthless.

Yes i see where cryptsy is at fault. im neither a cryptsy fanbot or a col hater. but coins such as ifc dont have that issue.