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Topic: How are the new solidcoin accounts mached to old accounts? - page 2. (Read 3806 times)

sr. member
Activity: 392
Merit: 250
Will you publish some, I dunno, reasonably concise description of the new protocol, especially improvements introduced ?

Aye, a paper will be released before the final release, but after initial beta testing. Arguments can then be made against or for it and we will go from there.

It will be posted on the website. It will be called something like 'How Solidcoin 2.0 Is Ready For The Bitcoin Failure'. Just like the last one it will be mostly fluff and lack any technical detail.
legendary
Activity: 1190
Merit: 1000
Good thing Solidcoin isn't being managed by a central authority. Cheesy

Good thing Bitcoin isn't being managed by a central authority and allegedly backed by a corporate sponsor.   Roll Eyes

Who is the central authority?  Who is the corporate sponsor?
legendary
Activity: 1190
Merit: 1000
Good thing Solidcoin isn't being managed by a central authority. Cheesy
sr. member
Activity: 476
Merit: 250
moOo
(...)The reason for starting with a fresh genesis block is it clears the chain of the transaction spam from artforz and co, whilst also making the code easier to update in the future as we have a new protocol.(...)

What future?! What you're saying and doing is so retarded that I'll feel sorry for any idiot who downloads your software.

the sheer eloquence  and substance of your rebuttal in impeccable. It really makes you think. I'm glad someone sat down and explained exactly what the problems are with the new changes realsolid is doing rather than what i have come to expect from this forum, something more under the category of "your a poopy head and I'm not inviting you to my birthday"

thanks for renewing my faith in the forums.
sr. member
Activity: 392
Merit: 250

1) ditto - should be exciting to see the new changes


If https://github.com/doublec/solidcoin/commits/ is any indication, I can *hardly* contain myself!
legendary
Activity: 1218
Merit: 1000
(...)The reason for starting with a fresh genesis block is it clears the chain of the transaction spam from artforz and co, whilst also making the code easier to update in the future as we have a new protocol.(...)

What future?! What you're saying and doing is so retarded that I'll feel sorry for any idiot who downloads your software.
full member
Activity: 168
Merit: 100
Urgently, BTCEx should rewrite old SC chain to give himself a billionteen coins, then claim "compensation", lol Wink

I suppose his client is disconnected from the network and doesn't accept new blocks. So his backup of the blockchain should be fine...
member
Activity: 112
Merit: 11
Hillariously voracious
Well, all can I say is "cool" and "Can I use your description on Geist frontpage when it goes up, please?" Cheesy
member
Activity: 112
Merit: 11
Hillariously voracious

3) Given that the new chain will introduce the concept of coin regeneration (fixed non % based growth), automated would likely be best since lost coins will find their way back into circulation by being replaced with newly mined coins.


Oh, "coin regeneration", that's how you marketing-speak it.

Thanks, I was struggling to convey "7 coins are minted with each Geist block forever, with no upper limit" in three English words or less  Wink
member
Activity: 112
Merit: 11
Hillariously voracious
Urgently, BTCEx should rewrite old SC chain to give himself a billionteen coins, then claim "compensation", lol Wink
legendary
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
But that just says you have no reason to start a new block-chain.
Thus continue to use the old one.

If you can read my other posts you will find that SC 2.0 has a new protocol. Supporting both the older (and insecure Bitcoin) protocol and the newer protocol introduces code bloat and more potential for bugs. ie It will take longer to get back running , combined with the issues in the old chain (spam increasing chain size).......

Let me get this straight. You will support the old "vulnerable" chain? So what you are actually saying is that one can perform a "time travel" attack in old chain and rewrite the history, so to say...

And wtf do you mean buy  "Depends on method chosen. If automatic, all the coins, whether lost or not will go to the addresses as outlined in the chain. If manual wallet processing is done....."

Who chooses the method? If anything, it MUST be done automatically or not at all. There cant be any "left over" coins that you and can just pocket for "future good use".
member
Activity: 112
Merit: 11
Hillariously voracious
Oky, looking forward to it.
sr. member
Activity: 252
Merit: 251
Will you publish some, I dunno, reasonably concise description of the new protocol, especially improvements introduced ?

Aye, a paper will be released before the final release, but after initial beta testing. Arguments can then be made against or for it and we will go from there.
member
Activity: 112
Merit: 11
Hillariously voracious
Will you publish some, I dunno, reasonably concise description of the new protocol, especially improvements introduced ?
sr. member
Activity: 252
Merit: 251
But that just says you have no reason to start a new block-chain.
Thus continue to use the old one.

If you can read my other posts you will find that SC 2.0 has a new protocol. Supporting both the older (and insecure Bitcoin) protocol and the newer protocol introduces code bloat and more potential for bugs. ie It will take longer to get back running , combined with the issues in the old chain (spam increasing chain size).

Starting completely fresh isn't so bad, provided all existing coin owners get their coins back, that's what they care about. The general user doesn't want to know how a problem is solved, they just want their coins to be secure and for the program to work. So that is what I'm aiming to achieve, the old protocol cannot achieve that.

legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
The spam that caused SC to fail temporarily was small ... and since that is your excuse, then you should ALREADY have the details of your excuse ...

I likely shouldn't respond to your post as I've already read numerous posts from you trolling myself and the project however I'll give you the benefit of the doubt....

The spam isn't what caused SC to fail, it was the potential for a 51% attack to wipe out the exchanges of their USD and BTC which made me shut down the network. Rather than have people robbed blind by hackers like Artforz I will shut down the network until I have solved that problem.

All Bitcoin forks and bitcoin itself suffer from the same problem, and no exchange owner that is intelligent will support an alt chain for the foreseeable future as the hackers are now coordinating mining efforts to rob them of all their worth.
But that just says you have no reason to start a new block-chain.
Thus continue to use the old one.

... and I should add - where are these troll posts?
Most of my posts are based on facts that you seem to want to hide.
sr. member
Activity: 252
Merit: 251
The spam that caused SC to fail temporarily was small ... and since that is your excuse, then you should ALREADY have the details of your excuse ...

I likely shouldn't respond to your post as I've already read numerous posts from you trolling myself and the project however I'll give you the benefit of the doubt....

The spam isn't what caused SC to fail, it was the potential for a 51% attack to wipe out the exchanges of their USD and BTC which made me shut down the network. Rather than have people robbed blind by hackers like Artforz I will shut down the network until I have solved that problem.

All Bitcoin forks and bitcoin itself suffer from the same problem, and no exchange owner that is intelligent will support an alt chain for the foreseeable future as the hackers are now coordinating mining efforts to rob them of all their worth.
sr. member
Activity: 252
Merit: 251
So how long do people have to claim their coins?  1 yr?  5 yrs?

Depends on method chosen. If automatic, all the coins, whether lost or not will go to the addresses as outlined in the chain. If manual wallet processing is done.....

What happens to unclaimed coins after this period?

I'm not sure how long we will wait if manual processing is done. Likely a few months. Any unused coins at that point would go into the CPF. If people later came forward to collect with valid wallets the CPF would fund it anyhow. I don't think it would be right to not give people back valid amounts at any time in the future. One of the advantages of having a CPF.

You can read some threads on our forum if you're interested in the future we are taking, unlike Bitcoin we want to create a constitution that all developers and people who are involved with any central part of Bitcoin have to follow. Break that and you're out.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
However, I am genuinely interested how do you distribute funds between two unrelated blockchains without having access to the key material found in wallet.dat of the person who "owns" the coins in the "old" chain.

I would like to have a succinct and technically accurate description of this process posted, since it seems quite ingenious a development.

You are developing a blockchain and can't answer that questions? ^^

Hehe you make a good point spacy. Smiley

Each address in the old SC blockchain has a balance which varies over the chain length. The balance at block 35250 for each address will be what we give people back in the new chain. All the history is in the blockchain that we and everyone else has.

The reason for starting with a fresh genesis block is it clears the chain of the transaction spam from artforz and co, whilst also making the code easier to update in the future as we have a new protocol. The method used to give funds back to the thousands of users is still being discussed, but I am sure if there is any "stuff up" then people will have a right to be be annoyed.

It's kinda hard to con thousands of people Eskimo, even though I'm sure you would be so secretly delighted if I was such a scammer, "I told you so guys , total scammer this guy!!!!". You are a ghoul and I hope if you do have any SolidCoins you sell them immediately when v2.0 is released.

Being vague doesn't work either.

How many transactions are there that "artforz and co" created out of the 35,250.
And what are the block numbers they are in and what are the transaction numbers?
Since there will be a specific detail about these transactions, it will be simple for you to answer this question ... if you are any good at writing SIMPLE software (could do it in PHP pretty easily so no reason to even have to write real code)

The spam that caused SC to fail temporarily was small ... and since that is your excuse, then you should ALREADY have the details of your excuse ...
sr. member
Activity: 266
Merit: 254
So how long do people have to claim their coins?  1 yr?  5 yrs?

What happens to unclaimed coins after this period?
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