Topic: [ANN][BIC]New Bikercoin with security bug fix for cryptonote base coins - page 2. (Read 2549 times)

DISCLOSURE OF A MAJOR BUG IN CRYPTONOTE BASED CURRENCIES
This bug allows for the creation of an unlimited number of coins in a way that is undetectable to an observer unless they know about the fatal flaw and can search for it.
https://getmonero.org/2017/05/17/disclosure-of-a-major-bug-in-cryptonote-based-currencies.html


The orginal Dev has moved the original bitcointalk https://bitcointalksearch.org/topic/new-bikercoin-bic-cryptonight-based-crypto-currency-1502316 to Forums: http://forum.doufex.com but has since closed those forums down as well so creating this thread was the only way to get the word out to those currently mining BIC thus alerting them of the MAJOR BUG Found. As you may already be aware the exchange cryptopia.co.nz has halted all BIC trading until this issue is resolved. Only Forknote v2.0.1.1 wallet and daemon can fix and prevent this issue of "..reation of an unlimited number of coins in a way that is undetectable to an observer unless they know about the fatal flaw and can search for it."

Please carefully read and follow instructions to swap corrupt wallet coins to the Forknote BIC. DO NOT DELAY or you will be stuck with worthless coins.

Swap process
1) Download New Forknote CLI wallet
2) Next create your new Bikercoin address by double clicking simplewallet icon from the wallet you just downloaded and etracted.
3) Type G and press enter to generate new address. The system will prompt you to name your new wallet. Next the system will prompt you to create a new passphrase for you new wallet and press enter.
4) The system will populate your new Forknote Bikercoin wallet address along with a red error, this is okay because the Forknote daemon has not been started. Simply type exit and press enter and the simplewallet will close. There is now a file in your new wallet that you named and it contains your new Forknote Bikercoin address.

5) launch the old Bikercoin wallet and send your coins to the swap address along with a screenshot of your balance and your New Forknote Bikercoin address.
6) Exit from you old Bikercoin wallet and delete the AppData Roaming file for Bikercoin. (if you do not do this step you will get errors)
7) Launch the New Forknoted Bikercoin Daemon by double clicking on the forknoted icon in the Bikercoin wallet and wait for the blockchain to completely sync.
Once blockchain has sync you can now launch simplewallet again by double clicking on the simplewallet icon and using the (o) option to open your wallet that you created in step 3. You swapped coins will be sent here.

NEW FORKNOTE v2.0.1.1 wallets
Win 64 CLI
https://mega.nz/#!8qw2EJJJ!SM9DjiGfo7b0cz6GTNkciECuRQYyXWDuf1OAL77Ddto

Linux 64 CLI
https://mega.nz/#!0mYmWAYB!wBI8b20jvgfWV3LMpW1KPuD-O-T9mVHenZ0gQwxTjvs

MasOS 64 CLI
https://mega.nz/#!Mzxg3DpT!Tdp1OMoRk_DH5StyEFjIK1DPZc18F0WfJPd1SmHZQYk

bikercoin.conf
https://mega.nz/#!s2I2XLJB!55AK_cqTvqPPXZ8cStBvXJllZ7IalTeSeVRt8XObNdE

GITHUB Build from source
https://github.com/bikercoinroar/bykercoin
must create config file name bikercoin.conf and place in config folder

REMINDERS - Start forknote daemon v2.0.1.1 - REMINDERS
1) Dble click forknoted icon.

2) Launch simplewallet with dble click simplewallet icon.

3) Solo mining CPU through RPC. Dble click miner icon.
(you must edit miner.bat file with your wallet address and number of CPU core to match your machine)

Method to send payment in simplewallet
transfer 0 By101010101010101010101010101 25

Effect
this will send 25 BIC to wallet By101010101010101010101010101

Breakdown of the transaction
0 represent mixin count. Changes to 0 (number of transactions yours is indistinguishable from)
By101010101010101010101010101 represents destination wallet
25 represents the number of BIC to be send from your wallet


Method to send payment using payment id
transfer 0 By101010101010101010101010101 25 -p Ced341010101010
this will send 5 BIC to wallet By101010101010101010101010101 with supplied payment ID, most commonly used to send coins to an exchange wallet.

Transaction response
Money successfully sent, transaction 987654321
987654321 represents transaction hash

These transactions are sent anonimously to the blockchain shielding both the sending and receiving wallet address using cryptonote ring signature technology. Miners are awarded a fee for successfully added the block to the chain and the transaction is now part of the ledger.

Mining
Solo mine now while difficulties are low following steps in "Getting Started Forknote v2.0.1.1 txt file"
Pool ops build pool using source code from github and bikercoin.conf

BIC uses CPU efficient ASIC resistant proof of work mining algorithm called CryptoNight to secure blockchain. Users receive block rewards for protecting BIC network with their CPU power. There will be 25 000 000 BIC mined in the next few years.