Topic: [ANN][BIP2] BipCoin, CryptoNote swap to Forknote with Major Bug FIX!!! (Read 956 times)
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May 21, 2017, 10:58:53 AM
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May 21, 2017, 07:36:28 AM
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May 21, 2017, 07:35:41 AM
New BIP2Coin forknote [BIP2]
Established do to: Major bug found some time ago that affects all cryptonote coins currently not utilizing Forknote daemon
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
All coin Dev's were alerted of this issue 04/17/2017 and given until 05/17/2017 before this information being made public
Not ALL MINERS, POOL OPs, VENDORS, etc running old BIP nodes have updated to protect chain and after patch the was no NETWORK HARD FORK leaving BIP out of CONCENSUS and vulnerable to MAJOR BUG
Exchanges continue trading of old [BIP]. I have tested the bug and verified by creating 19 million BIC coins on the current chain following the steps in the link above. [BIP] coin owners were offered swap to [BIP2] running on FORKNOTE daemon and simplewallet
BipCoin2’s stats: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
All coin Dev's were alerted of this issue 04/17/2017 and given until 05/17/2017 before this information being made public
Not ALL MINERS, POOL OPs, VENDORS, etc running old BIP nodes have updated to protect chain and after patch the was no NETWORK HARD FORK leaving BIP out of CONCENSUS and vulnerable to MAJOR BUG
Exchanges continue trading of old [BIP]. I have tested the bug and verified by creating 19 million BIC coins on the current chain following the steps in the link above. [BIP] coin owners were offered swap to [BIP2] running on FORKNOTE daemon and simplewallet
PoW algorithm: CryptoNight
Money supply: 18,446,744
Block reward: Smoothly varying
Block time: 120 seconds
Adaptive limits
Smooth Emission. Difficulty retargets at every block
Symbol: BIP2
To begin using BIP2 choose your wallet below which contains a "Getting Start txt file"
NEW FORKNOTE v2.0.1.1 wallets
Win 64 CLI
https://mega.nz/#!F2phlZCL!MIluuVBIn4bP3FiGDswwdp7m7XwMTpjavq7R1oURrwM
Linux 64 CLI
https://mega.nz/#!JvxDhZBC!AhelJyDAA_zpOcACUFyGOJ_8-8YDbKhVjGS0pQRPmXE
MasOS 64 CLI
https://mega.nz/#!YzQV3BBS!fg8ihnfBuoPTCAR5l7EBx8j0SyGj1OOzXbvCJ88QoBU
bip2coin.conf
https://mega.nz/#!MqBWhKrK!sJijr2Nf7vm-x51PANS7h9FEvEj5ZmobIIa1yECuaQ8
GITHUB Build from source
https://github.com/bip2coin/forknotebipcoin
must create config file name bip2coin.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 BJ101010101010101010101010101 25
Effect
this will send 25 BIP2 to wallet BJ101010101010101010101010101
Breakdown of the transaction
0 represent mixin count. Changes to 0 (number of transactions yours is indistinguishable from)
BJ101010101010101010101010101 represents destination wallet
25 represents the number of BIP to be send from your wallet
Method to send payment using payment id
transfer 0 BJ101010101010101010101010101 25 -p Ced341010101010
this will send 5 BIP 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
BIP2 uses CPU efficient ASIC resistant proof of work mining algorithm called CryptoNight to secure blockchain. Users receive block rewards for protecting BIP2 network with their CPU power. There will be 18,446,744 BIP2 mined in the next few years.
Win 64 CLI
https://mega.nz/#!F2phlZCL!MIluuVBIn4bP3FiGDswwdp7m7XwMTpjavq7R1oURrwM
Linux 64 CLI
https://mega.nz/#!JvxDhZBC!AhelJyDAA_zpOcACUFyGOJ_8-8YDbKhVjGS0pQRPmXE
MasOS 64 CLI
https://mega.nz/#!YzQV3BBS!fg8ihnfBuoPTCAR5l7EBx8j0SyGj1OOzXbvCJ88QoBU
bip2coin.conf
https://mega.nz/#!MqBWhKrK!sJijr2Nf7vm-x51PANS7h9FEvEj5ZmobIIa1yECuaQ8
GITHUB Build from source
https://github.com/bip2coin/forknotebipcoin
must create config file name bip2coin.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 BJ101010101010101010101010101 25
Effect
this will send 25 BIP2 to wallet BJ101010101010101010101010101
Breakdown of the transaction
0 represent mixin count. Changes to 0 (number of transactions yours is indistinguishable from)
BJ101010101010101010101010101 represents destination wallet
25 represents the number of BIP to be send from your wallet
Method to send payment using payment id
transfer 0 BJ101010101010101010101010101 25 -p Ced341010101010
this will send 5 BIP 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
BIP2 uses CPU efficient ASIC resistant proof of work mining algorithm called CryptoNight to secure blockchain. Users receive block rewards for protecting BIP2 network with their CPU power. There will be 18,446,744 BIP2 mined in the next few years.
BipCoin’s stats:
PoW algorithm: CryptoNight
Money supply: 18,446,744
Block reward: Smoothly varying
Block time: 120 seconds
Adaptive limits
Smooth Emission. Difficulty retargets at every block
PoW algorithm: CryptoNight
Money supply: 18,446,744
Block reward: Smoothly varying
Block time: 120 seconds
Adaptive limits
Smooth Emission. Difficulty retargets at every block
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