[Experiment] Abstract Coin! | Bitcointalksearch.org

PoolMinor

legendary

Activity: 1844

Merit: 1338

XXXVII Fnord is toast without bread

Quote from: adamstgBit on May 29, 2013, 05:29:44 PM

Quote from: adamstgBit on May 29, 2013, 03:11:30 PM

Scandal!
Abstract Coin's protocol has been compromised by user "nimda"
he pushed a transaction sending me half the coins i sent him, back to me
then later he edited his post and is now claiming to have only sent 0.01AC back to me

can Abstract Coin overcome this exploit?

who knows!

A solution has been found!
A new protocol involving super low tech accounting rules is being developed and implement as i type this.

Abstract Coin will live!

stay tune for the protocol update that will solve this issue once and for all!

Abstract Coin - an idea worth thinking about!

Please may I have some coinz?

c4n10

sr. member

Activity: 294

Merit: 250

I want some abstractcoins, what do...?

fenican

hero member

Activity: 1395

Merit: 505

What happens if a guy with 20 accounts confirms his own transactions and then edits ALL of the posts ? Protocol is better but still not perfect. I think perhaps only Hero members should do confirms ?

(could admins perhaps make this non-editable? We would in that case have a great common ledger until, of course, someone hacks bitcointalk)

True___Blue

sr. member

Activity: 354

Merit: 250

Quote from: jackjack on May 30, 2013, 05:13:38 AM

I want some

I'm trying to sell mine https://bitcointalksearch.org/topic/m.2319747 Cool

shantee

sr. member

Activity: 381

Merit: 274

An investment in knowledge pays the best interest.

Quote

You so concrete

hehe yeah you're right ^^ It just look like some kind of "forum game" which could be fun for a handful of cryptocoin geeks .but can we seriously expect to buy something with it ?

jackjack

legendary

Activity: 1176

Merit: 1280

May Bitcoin be touched by his Noodly Appendage

Quote from: shantee on May 30, 2013, 05:57:58 AM

Quote

I want some

to do what ?

You so concrete Angry

TsuyokuNaritai

hero member

Activity: 574

Merit: 500

Quote from: shantee on May 30, 2013, 05:57:58 AM

Quote

I want some

to do what ?

A list of bounties is here... Grin

https://bitcointalksearch.org/topic/m.2316862

shantee

sr. member

Activity: 381

Merit: 274

An investment in knowledge pays the best interest.

Quote

I want some

to do what ?

jackjack

legendary

Activity: 1176

Merit: 1280

May Bitcoin be touched by his Noodly Appendage

I want some

batcoin

full member

Activity: 238

Merit: 100

In Gord We Trust

Quote from: adamstgBit on May 29, 2013, 06:58:08 PM

the first transaction on the Abstract Coin Block chain appears like this:

Quote from: adamstgBit on May 29, 2013, 06:58:08 PM

Quote

|AC63n78dn| (1AC)Genesis(0AC) -> AdamStgBit

confirmed!

now AdamStgBit can quote this confirmed transaction and create a new unconfirmed, like this:

Quote from: adamstgBit on May 29, 2013, 06:58:08 PM

Quote

|AC63n78dn| (1AC)Genesis(0AC) -> AdamStgBit

confirmed!

|AC8DN93M| (1AC)AdamStgBit(0.999AC) -> Hazard

now an accountant must confirm this TX in order for Hazard to create a new unconfirmed transaction

the unconfirmed TX above can be confirmed like so

Quote from: adamstgBit on May 29, 2013, 06:58:08 PM

|AC8DN93M| (1AC)AdamStgBit(0.999AC) -> Hazard

confirmed!

the accountant only needs to include the unconfirmed TX.
the sender must include the previously confirmed TX
and so Abstract Coin's quote chain is born.

This new protocol rule has effectively made all previous TX INVALID! So I will create a new thread outlining the new protocol and then we will reprocess the transactions one at a time starting with the genius block.

Fucking Christ. Are you telling me that my coins are GONE?! I need to go find a bridge...

TsuyokuNaritai

hero member

Activity: 574

Merit: 500

Genesis block here, bounty for first confirm... Wink

https://bitcointalksearch.org/topic/m.2316187

NamLaLai

newbie

Activity: 33

Merit: 0

Top spot at page 1 when googling for 'abstract coin'... Wall Street must have noticed, we're getting there Grin

Phinnaeus Gage

legendary

Activity: 1918

Merit: 1570

Bitcoin: An Idea Worth Spending

Quote from: adamstgBit on May 29, 2013, 06:58:08 PM

the first transaction on the Abstract Coin Block chain appears like this:

Quote from: adamstgBit on May 29, 2013, 06:58:08 PM

Quote

|AC63n78dn| (1AC)Genesis(0AC) -> AdamStgBit

confirmed!

now AdamStgBit can quote this confirmed transaction and create a new unconfirmed, like this:

Quote from: adamstgBit on May 29, 2013, 06:58:08 PM

Quote

|AC63n78dn| (1AC)Genesis(0AC) -> AdamStgBit

confirmed!

|AC8DN93M| (1AC)AdamStgBit(0.999AC) -> Hazard

now an accountant must confirm this TX in order for Hazard to create a new unconfirmed transaction

the unconfirmed TX above can be confirmed like so

Quote from: adamstgBit on May 29, 2013, 06:58:08 PM

|AC8DN93M| (1AC)AdamStgBit(0.999AC) -> Hazard

confirmed!

the accountant only needs to include the unconfirmed TX.
the sender must include the previously confirmed TX
and so Abstract Coin's quote chain is born.

This new protocol rule has effectively made all previous TX INVALID! So I will create a new thread outlining the new protocol and then we will reprocess the transactions one at a time starting with the genius block.

That's twice in one year I've lost all my crypt coins.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

not at all crazy

Grin

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

the first transaction on the Abstract Coin Block chain appears like this:

Quote from: adamstgBit on May 29, 2013, 06:58:08 PM

Quote

|AC63n78dn| (1AC)Genesis(0AC) -> AdamStgBit

confirmed!

now AdamStgBit can quote this confirmed transaction and create a new unconfirmed, like this:

Quote from: adamstgBit on May 29, 2013, 06:58:08 PM

Quote

|AC63n78dn| (1AC)Genesis(0AC) -> AdamStgBit

confirmed!

|AC8DN93M| (1AC)AdamStgBit(0.999AC) -> Hazard

now an accountant must confirm this TX in order for Hazard to create a new unconfirmed transaction

the unconfirmed TX above can be confirmed like so

Quote from: adamstgBit on May 29, 2013, 06:58:08 PM

|AC8DN93M| (1AC)AdamStgBit(0.999AC) -> Hazard

confirmed!

the accountant only needs to include the unconfirmed TX.
the sender must include the previously confirmed TX
and so Abstract Coin's quote chain is born.

This new protocol rule has effectively made all previous TX INVALID! So I will create a new thread outlining the new protocol and then we will reprocess the transactions one at a time starting with the genius block.

peonminer

hero member

Activity: 798

Merit: 531

Crypto is King.

Quote from: fenican on May 29, 2013, 05:42:25 PM

What happened? 51% attack?! And it was working so well.

Once we get this resolved, let's open up a marketplace

There is already a market place. It exists within us all.

LET THE TRADING COMMENCE.

peonminer

hero member

Activity: 798

Merit: 531

Crypto is King.

Whats next? HoudiniCoin??!

BazkieBumpercar

sr. member

Activity: 415

Merit: 250

Quote from: adamstgBit on May 29, 2013, 05:29:44 PM

Quote from: adamstgBit on May 29, 2013, 03:11:30 PM

Scandal!
Abstract Coin's protocol has been compromised by user "nimda"
he pushed a transaction sending me half the coins i sent him, back to me
then later he edited his post and is now claiming to have only sent 0.01AC back to me

can Abstract Coin overcome this exploit?

who knows!

A solution has been found!
A new protocol involving super low tech accounting rules is being developed and implement as i type this.

Abstract Coin will live!

stay tune for the protocol update that will solve this issue once and for all!

Abstract Coin - an idea worth thinking about!

Because of my renewed confidence in the AbstractCoin since this news, I'd like to invest all my life savings in it!

fenican

hero member

Activity: 1395

Merit: 505

What happened? 51% attack?! And it was working so well.

Once we get this resolved, let's open up a marketplace

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: adamstgBit on May 29, 2013, 03:11:30 PM

Scandal!
Abstract Coin's protocol has been compromised by user "nimda"
he pushed a transaction sending me half the coins i sent him, back to me
then later he edited his post and is now claiming to have only sent 0.01AC back to me

can Abstract Coin overcome this exploit?

who knows!

A solution has been found!
A new protocol involving super low tech accounting rules is being developed and implement as i type this.

Abstract Coin will live!

stay tune for the protocol update that will solve this issue once and for all!

Abstract Coin - an idea worth thinking about!

Topic: [Experiment] Abstract Coin! (Read 8715 times)