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Topic: [MOON] Mooncoin 🌙 move to a new thread - page 67. (Read 317742 times)

newbie
Activity: 117
Merit: 0
Hi all.

Some good news for a change.
One of the Telegram community has been working on a Mac wallet for Mooncoin.
Final testing is going on just now and hopefully the wallet will be available very soon.

Thanks to Michi for all her hard work on this.
hero member
Activity: 1022
Merit: 550
Mooncoin at Bitcointalk
Why it's bad if there is any director or a group of directors (even if they provided their identity, started a company, and transformed a decentralised project to a centralised legal entity).
In short, then anyone who 'takes over' the project can declare things from which he/she or a small group of people will benefit at the expense of others. In a decentralised project people simply may not agree with something and that will never let evil happen.
In a centralised project, one could say: 'I'm a Mooncoin director, I'm transparent, Mr. Johnson and Johnson from Mooncoin New York Limited and I will decide what to do with your, sorry, with my project, I will swap all your coins to my Ethereum-based tokens, where I'm an owner of 99 percent of tokens and will get them listed at big exchanges etc.'
Of course, serious investors anyway would see the true picture. Serious smart investors understand that it's DECENTRALIZATION what is worth investing. Because decentralisation solves the problem of TRUST.
If you say:  there is no trust, there are 'shady' things, not responsible supporters etc. with Mooncoin, and that's why the project is 'dead', then you understand nothing about decentralisation. The point is: a big decentralised project like Mooncoin doesn't need trust (except to an extent trust to a dev who compiles wallets), the decentralised nature of Mooncoin solves the problem of trust. Decentralisation=Trust.

However, I agree with people who say that the decentralised model has many issues, many disadvantages. That's true. We just have no choice, if we are here to support real progress, and not just for making a quick buck. The biggest problem here is a dev who codes and compiles wallets. Also it's hard to make anyone do any progress.
For example, agswinner paid several devs for making online Mooncoin wallets, they received money but didn't deliver a product. Or an user Bitbobb was paid a lot of MOON and 1 BTC was promised to him for his help with listing Mooncoin at Bittrex. He told he personally had a meeting with Bittrex guys but couldn't convince them to list Mooncoin at the moment (probably they still see some development issues with Mooncoin, we all can see that Mooncoin devs sometimes just don't communicate with our community). Issues with developers is a big disadvantage of any decentralised project. Another big issue: a lack of understanding of decentralised projects. Hope these posts again will explain things to people new to crypto, or to people who were dealing with ICOs or centralised PoS coins only. Mooncoin is a very unique project in fact, due to its truly decentralised nature. Let's hope it will stay unique.
sr. member
Activity: 499
Merit: 250
To The Moon !
If you hear accusations (related to Mooncoin or to anything/anyone else), you can easily test if you are a newbie or not. A newbie believes everything.
A person with some experience 1) asks a simple question Cui prodest? (for whose benefit?). Also 2) does a research and 3) asks for a proof.
 
Let's discuss possible attack vectors against Mooncoin. First of all, security of network depends on a price. Lower price means less network hashrate and less security.
Obviously the possible attack vector is to drop a price - then a network hashrate will drop. If a price is less than 1 Satoshi, then Mooncoin is a subsatoshi coin, not listed at big exchanges, again less security for investors.

You realise that when a price rises, it means that investors see positive things.  A lot of time, work, talents and other people's contribution is needed for making a price rise.
It's a big work of the whole community. A price rises when there are positive things, recognised by investors who make a research, and a higher price means for a Proof-of-Work coin more network hashrate and more SECURITY as a result. In 2014 the Mooncoin network hashrate was below 1 GH/sec, now it's 100-200 GH/sec. You can see if Mooncoin direction is wrong or not with facts, not with words.

While to make a price decline, it's not needed to do much work, to spend time, money, labour, to risk a reputation, to contribute talents etc. No. Just run some FUD, false accusations, add untrue or unconfirmed information from some wrong perspective, with words 'attack', 'hack', 'stolen', and newbies, people with bad translators, people who understand nothing - begin to sell. It looks like it's quite easy to make a price decline if you want to manipulate in this way. And it's absolutely not easy to make a price rise with anything, except honest and hard contribution of the whole community.

How to drop a price artificially? It looks like there are several possible ways:
1) a pure classic FUD (Fear. Uncertainty. Despair) or trolling - not very effective these days
2) suspicions and false accusations against old and new members, devs, investors, supporters, random people, whoever else - quite effective
3) false wisdom about why Mooncoin is unsecure (Proof-of-work, no master nodes/checkpoints etc) or just has no future economically - very dangerous if posts look like if they were 'professional', from 'experts'
4) people could say that a 51% attack or any other attack took place and was successful (even with no proof) - very effective
5) anyone could say that he was hacked (after he just moved coins to another his address) - effective for dumping a price.

Don't believe all that!
Look at agswinner. He told he's not a tech expert and owned more than 30 bil MOON and what he told:

if it were so simple I would not be here.

He never lost even 1 Mooncoin except an issue with Cryptsy when he kept coins at an exchange. Obviously, agswinner as a not tech guy, who is quite active on the web and owns a lot of MOON in his wallets, could be the first target for thieves. But he never lost even 1 MOON since the very beginning of Mooncoin in Dec, 2013. Polemarhos888, too. As well as a lot of other people who just use normal or paper wallets.
Look at these 62 billion on the top address, if Mooncoin is not secure, why these 62B are still on this address (since January, 5)? Why don't hackers take them, if Mooncoin is so unsecure?

The community has to figure out how to be better protected against these attacks 1),2),3),4),5) in the future.


You have right !
hero member
Activity: 1022
Merit: 550
Mooncoin at Bitcointalk
If you hear accusations (related to Mooncoin or to anything/anyone else), you can easily test if you are a newbie or not. A newbie believes everything.
A person with some experience 1) asks a simple question Cui prodest? (for whose benefit?). Also 2) does a research and 3) asks for a proof.
 
Let's discuss possible attack vectors against Mooncoin. First of all, security of network depends on a price. Lower price means less network hashrate and less security.
Obviously the possible attack vector is to drop a price - then a network hashrate will drop. If a price is less than 1 Satoshi, then Mooncoin is a subsatoshi coin, not listed at big exchanges, again less security for investors.

You realise that when a price rises, it means that investors see positive things.  A lot of time, work, talents and other people's contribution is needed for making a price rise.
It's a big work of the whole community. A price rises when there are positive things, recognised by investors who make a research, and a higher price means for a Proof-of-Work coin more network hashrate and more SECURITY as a result. In 2014 the Mooncoin network hashrate was below 1 GH/sec, now it's 100-200 GH/sec. You can see if Mooncoin direction is wrong or not with facts, not with words.

While to make a price decline, it's not needed to do much work, to spend time, money, labour, to risk a reputation, to contribute talents etc. No. Just run some FUD, false accusations, add untrue or unconfirmed information from some wrong perspective, with words 'attack', 'hack', 'stolen', and newbies, people with bad translators, people who understand nothing - begin to sell. It looks like it's quite easy to make a price decline if you want to manipulate in this way. And it's absolutely not easy to make a price rise with anything, except honest and hard contribution of the whole community.

How to drop a price artificially? It looks like there are several possible ways:
1) a pure classic FUD (Fear. Uncertainty. Despair) or trolling - not very effective these days
2) suspicions and false accusations against old and new members, devs, investors, supporters, random people, whoever else - quite effective
3) false wisdom about why Mooncoin is unsecure (Proof-of-work, no master nodes/checkpoints etc) or just has no future economically - very dangerous if posts look like if they were 'professional', from 'experts'
4) people could say that a 51% attack or any other attack took place and was successful (even with no proof) - very effective
5) anyone could say that he was hacked (after he just moved coins to another his address) - effective for dumping a price.

Don't believe all that!
Look at agswinner. He told he's not a tech expert and owned more than 30 bil MOON and what he told:

if it were so simple I would not be here.

He never lost even 1 Mooncoin except an issue with Cryptsy when he kept coins at an exchange. Obviously, agswinner as a not tech guy, who is quite active on the web and owns a lot of MOON in his wallets, could be the first target for thieves. But he never lost even 1 MOON since the very beginning of Mooncoin in Dec, 2013. Polemarhos888, too. As well as a lot of other people who just use normal or paper wallets.
Look at these 62 billion on the top address, if Mooncoin is not secure, why these 62B are still on this address (since January, 5)? Why don't hackers take them, if Mooncoin is so unsecure?

The community has to figure out how to be better protected against these attacks 1),2),3),4),5) in the future.
hero member
Activity: 1022
Merit: 550
Mooncoin at Bitcointalk

Just because some here in the thread and/or in closed communication would like to lower the payout, does not make it a community-backed decision. As allsnioc posted, this would need a real vote. So it is perfectly ok, saying it was altered by "some". Other "somes" may not even have been asked or don't follow the channels - at least not regularly. So it may be backed by a part of "the community", but it is certainly no democratic decision.

The community transparently voted for that here (you have to read several pages of comments):
https://bitcointalksearch.org/topic/m.16645183
and here https://bitcointalksearch.org/topic/m.18478598
It was before appearing of other channels.
After that a dev decided to implement or not (in theory the community decides everything, but we understand that a dev who is really in control of code decides also a lot. A dev must agree with the community, but sometimes he doesn't agree).
And even after the update, the majority of nodes decides to accept or not.

Why did 99 percent of active community members vote for lower rewards?
It's important for MOON to stay at satoshi markets.
If for whatever reason it's below 1Sat, the volume becomes miserable, we saw that many times.
And then people don't trust MOON because they see all these sell walls at 1 Sat.
The point is not a price itself, but having a working market for MOON, and being ready for potential listing at Binance and Bittrex. They will never list a sub-satoshi coin.
Listing at large exchanges again is not about the price only. It's about more security for buyers.
Also a bigger price means bigger network hashrate which again means more security for users.
Lower rewards in the case of Mooncoin = more security, more liquidity, even miners finally will benefit from it, not investors only.

Blocks 1,100,000-1,199,999 Reward: 17906 MOON
Blocks 1,200,000-1,249,999 Reward: 16414 MOON
Blocks 1,250,000-1,299,999 Reward: 4847 MOON
Blocks 1,300,000-1,399,999 Reward: 4474 MOON
Blocks 1,400,000-1,499,999 Reward: 4154  MOON
sr. member
Activity: 499
Merit: 250
To The Moon !
Glad to see that Mooncoin becomes a truly international project.
If the community doesn't mind, I'll add mooncoin.com.br and mooncoin.su to the original post this week.

I think that it's a brilliant idea ! Also, we can suggest the adding of these 2 sites in coinmarketcap.  Smiley
hero member
Activity: 1022
Merit: 550
Mooncoin at Bitcointalk
Glad to see that Mooncoin becomes a truly international project.
If the community doesn't mind, I'll add mooncoin.com.br and mooncoin.su to the original post this week.
newbie
Activity: 23
Merit: 0
Hello guys! Greetings from cold and stormy Russia!
I’m running the site http://mooncoin.su . First for Russian speaking guys and English version is coming in late April.
I also have a number of social media accounts for spreading latest news both in Russian and English.
So I’m asking our community for help in media administration: Twitter, Telegram, Facebook and VK groups.
Besides I make a Youtube How-To-Use-Mooncoin clips and need some help with opening.
If someone is ready to participate please PM me.
Any questions and suggestions are welcome.
And of course any donations and support will be highly appreciated.

Bceм, ктo гoвopит пo-pyccки, пpивeт!
Я вeдy пepвый pyccкoязычный caйт o MoonCoin- http://mooncoin.su .
Taкжe coздaны гpyппы в coциaльныx ceтяx и мecceнджepax.
Hyжнa пoмoщь в aдминиcтpиpoвaнии Twitter, Telegram и гpyпп в Facebook и VK.
Кpoмe этoгo зapeгиcтpиpoвaн кaнaл нa Youtube и гoтoвятcя poлики o пoкyпкe и иcпoльзoвaнии Mooncoin. Hyжнa пoмoщь c нaчaльнoй зacтaвкoй для poликoв кaнaлa.
Ecли y кoгo-тo ecть пpeдлoжeния, идeи или жeлaниe пoмoчь, пишитe в личкy.


Thank you for promoting Mooncoin in Russia!
sr. member
Activity: 499
Merit: 250
To The Moon !
Hello guys! Greetings from cold and stormy Russia!
I’m running the site http://mooncoin.su . First for Russian speaking guys and English version is coming in late April.
I also have a number of social media accounts for spreading latest news both in Russian and English.
So I’m asking our community for help in media administration: Twitter, Telegram, Facebook and VK groups.
Besides I make a Youtube How-To-Use-Mooncoin clips and need some help with opening.
If someone is ready to participate please PM me.
Any questions and suggestions are welcome.
And of course any donations and support will be highly appreciated.

Bceм, ктo гoвopит пo-pyccки, пpивeт!
Я вeдy пepвый pyccкoязычный caйт o MoonCoin- http://mooncoin.su .
Taкжe coздaны гpyппы в coциaльныx ceтяx и мecceнджepax.
Hyжнa пoмoщь в aдминиcтpиpoвaнии Twitter, Telegram и гpyпп в Facebook и VK.
Кpoмe этoгo зapeгиcтpиpoвaн кaнaл нa Youtube и гoтoвятcя poлики o пoкyпкe и иcпoльзoвaнии Mooncoin. Hyжнa пoмoщь c нaчaльнoй зacтaвкoй для poликoв кaнaлa.
Ecли y кoгo-тo ecть пpeдлoжeния, идeи или жeлaниe пoмoчь, пишитe в личкy.


Good afternoon. Congratulation for your efforts ! I believe that there will be similar initiatives in the near future...
newbie
Activity: 53
Merit: 0
Hello guys! Greetings from cold and stormy Russia!
I’m running the site http://mooncoin.su . First for Russian speaking guys and English version is coming in late April.
I also have a number of social media accounts for spreading latest news both in Russian and English.
So I’m asking our community for help in media administration: Twitter, Telegram, Facebook and VK groups.
Besides I make a Youtube How-To-Use-Mooncoin clips and need some help with opening.
If someone is ready to participate please PM me.
Any questions and suggestions are welcome.
And of course any donations and support will be highly appreciated.

Bceм, ктo гoвopит пo-pyccки, пpивeт!
Я вeдy пepвый pyccкoязычный caйт o MoonCoin- http://mooncoin.su .
Taкжe coздaны гpyппы в coциaльныx ceтяx и мecceнджepax.
Hyжнa пoмoщь в aдминиcтpиpoвaнии Twitter, Telegram и гpyпп в Facebook и VK.
Кpoмe этoгo зapeгиcтpиpoвaн кaнaл нa Youtube и гoтoвятcя poлики o пoкyпкe и иcпoльзoвaнии Mooncoin. Hyжнa пoмoщь c нaчaльнoй зacтaвкoй для poликoв кaнaлa.
Ecли y кoгo-тo ecть пpeдлoжeния, идeи или жeлaниe пoмoчь, пишитe в личкy.


Wow-wow russian hackers wants to hack Mooncoin!!!! Smiley)))
Seriously bro it's a very good news and nice site.
Not a thousand words like brazil, but real work.
I'm not a paranoiac, but please give us some proofs and I send you a donation for further development.
hero member
Activity: 1176
Merit: 501
is it weird, the first thing i do after looking at the site (any site)
is check out the pricing for the domain name registration? lol.

    .su (only soviet union, which is cool)  790 ruples, roughly thats $13.90usd.

   From various registrars. and one i dont have!

   wonder if i can get access to that..hm

anyhow, good to have a new site up for news in Russian.
oh and Googletranslate does just fine. (unless it was in english, i read it in english)
 Smiley
member
Activity: 252
Merit: 11
OPEN GAMING PLATFORM

That's why I voted for making Mooncoin more secure over and over again. But Mooncoin Foundation and some others blocked that - for example my suggestion of making MOON a PoS/PoW-hybrid coin or implementing another - more complex algo or technology - making it a little harder to attack Mooncoin, instead of spending development-power on MoonWord, SmartLikes and other relatively uninteresting things.

I didn't block anything: you were able to find a dev, convince him, convince the community and implement PoS or Hybrid, or Proof-of-Capthas.
Why I'm personally against PoS and exotic algos:
Mooncoin is a Proof-of-Work coin (like BTC, DOGE, LTC).
It's a time tested model, a golden standard. A network hashrate of Mooncoin now is like a hashrate of DOGE and LTC in 2014-2015.  
Proof-of-Stake is a completely different model. A lot of coins are Proof-of-Stake, but very few are Proof-of-Work. Proof-of-Stake often works like a pyramid when someone who already has a lot of coins, receives more and more. While with Proof-of-Work - miners mine coins, it costs money to mine a coin, they are not made out of thin air and people have equal opportunities. In the future regulators may also pay some attention not only to ICOs, but also to Proof-of-Stake coins with big percentage rewards, they really may have some pyramidal features in some cases.
In a Proof-of-Work model - labour, resources create coins. It's mining. It's a different model.

Proof-of-Stake and other algos have a lot of their own security issues. It's untrue to say that Proof-of-Work algo in case of Mooncoin is unsecure while Proof-of-Stake or Hybrid would be secure. No. There was a lot of discussing on that, so even without having so much tech knowledge as coinflow, I can definitely say that other algos have their own security issues.
Why not exotic algos: without miners (and pools are focused on Proof-of-Work mining which is simple and available for them, and btw miners are not ready to solve captchas or accept other proof-of-human algos like coinflow suggested earlier) - the network will be weak. Exotic algos have their own (often UNKNOWN) security issues. For example, a creator of Balloon hash algo disclosured on his page that it had potential security issues, unknown vulnerabilities. Also in case of Balloon and other exotic (or simply not tested by Mooncoin) algos, there will be a lack of miners and as a result - a low network hashrate, which will lead to security issues. The same would happen in case of selling of frozen coins, the price would be low, which would lead to low network hashrate and to possible security issues (however even in this case if you keep your coins in the normal wallet or on paper wallets, it's safe, a 51% attack cannot steal your coins).

I personally have no idea how to transform a PoW coin into a PoS coin technically. I doubt that this could be done without making a new blockchain from scratch and without a swap. Anyway that would be 100% and even 1000% against Mooncoin's philosophy of decentralisation and simply would be rejected by the consensus. Don't forget that even a fork is a big risk (to say nothing about a swap).


Mooncoin needs a stable and serious development, ironing-out of bugs and strong and friendly support of normal investors by a competent dev, as well as strong efforts to get it listed on further, bigger exchanges. Not a new soldier-of-fortune-feature or short-sighted-speculator-candy every day or week. That's all what it takes. If Mooncoin has achieved this, one could think about new features, if necessary. But first of all, serious investors need stability, honesty and a proven record of development. Everyone can write a white paper or a "roadmap", but developing a stable coin that becomes a "classic" or a "no-brainer" to invest in, needs much more than changing the block-reward or burning coins. Why not burn every coin except of 43, to become the brother of 42-coin? Why not do a swap and set the deadline to next week, so that the result is, that all earlier holders of MOON are out of the game? They would recognize months later, when they look again at their wallet, that their coins are useless then.


What coinflow says: hypothetically Mooncoin with 43 coins of total supply as a brother of 42-coin it is simply NOT POSSIBLE. It would be rejected even if someone announced it. As well as any bad dishonest things. Remember: the consensus in a decentralised project accepts only good things. And it's not me who blocks/blocked that. If you want, just try, find a dev, try to convince a dev, the community etc. If people agree, they will support you. Some responsibility is advised though. People should ask experts first and do a good research. Yes, I'm personally against Proof-of-Stake, but my vote is only = 1.

We can endlessly say that Mooncoin needs serious developers etc, but did you try to find anyone? If you tried, you knew that's extremely difficult. A dev must be experienced, honest, he must communicate, he must have courage, and finally he must provide his identity when he is going to code and compile wallets.
No one, except barrysty1e (James) agreed in 2015-2016 to become a dev on these conditions.
But barry had problems with communicating and completing things. After several months of madness of community in 2017 about barry's communication issues, an user polemarhos888 from Crete, Greece (who also contacted Mr. Valamontes but Mr.Valamontes didn't agree), polemarhos888 said that he found a dev in his town, Vassilis Kritharakis, he started to convince Vassilis to join Mooncoin development, and only after his many efforts Vassilis agreed. He provided his identity and started working, fixing issues first and after that he was going (he didn't even start it unfortunately) to implement new features MoonWord and SmartLikes directly into the wallet.
We all know what has happened later.


Good afternoon ! All these people need to read this post from Mooncoin Foundation. I will try to help again this community about new developer. But in my opinion, we need more people to help us in this section (new developers). Also, I believe that this coin has huge possibilities. Of course, we need winner mentality to highlight them !

congratulations on the great commitment and the reconstruction of what has happened

that should be pinned or linked to ever new page. Great one
newbie
Activity: 14
Merit: 0
Hello guys! Greetings from cold and stormy Russia!
I’m running the site http://mooncoin.su . First for Russian speaking guys and English version is coming in late April.
I also have a number of social media accounts for spreading latest news both in Russian and English.
So I’m asking our community for help in media administration: Twitter, Telegram, Facebook and VK groups.
Besides I make a Youtube How-To-Use-Mooncoin clips and need some help with opening.
If someone is ready to participate please PM me.
Any questions and suggestions are welcome.
And of course any donations and support will be highly appreciated.

Bceм, ктo гoвopит пo-pyccки, пpивeт!
Я вeдy пepвый pyccкoязычный caйт o MoonCoin- http://mooncoin.su .
Taкжe coздaны гpyппы в coциaльныx ceтяx и мecceнджepax.
Hyжнa пoмoщь в aдминиcтpиpoвaнии Twitter, Telegram и гpyпп в Facebook и VK.
Кpoмe этoгo зapeгиcтpиpoвaн кaнaл нa Youtube и гoтoвятcя poлики o пoкyпкe и иcпoльзoвaнии Mooncoin. Hyжнa пoмoщь c нaчaльнoй зacтaвкoй для poликoв кaнaлa.
Ecли y кoгo-тo ecть пpeдлoжeния, идeи или жeлaниe пoмoчь, пишитe в личкy.
legendary
Activity: 1375
Merit: 1010
Hello friends of the Moon, I hereby present in ANN the official page of Mooncoin in Brazil that will be the basis of the commercial adoption and registration of businesses that in the future will accept Mooncoin.


mooncoin.com.br


Good morning ! Congratulation for your efforts ! Mooncoin must be one of the first 100 cryptos in coinmarketcap.
We can do it !

Very thanks for support Greek Bro, in next week Mooncoin Brasil have more news  Grin

Excellent ! Soon another my donation ... Grin

Very thanks Moon Bro, good news from MoonCoin Brasil in this week

My second donation Friends! https://bchain.info/MOON/tx/4cc5284497bb8d6ab9dc27672acba12a7bf3e27f1d408fd689f3174ffc7ce7aa

Your goal is our goal  Grin


Thank you very much for supporting these being essential in the execution of practical actions that are increasingly streamlining the processes, this week there will be great news from Brazil
I intend every Sunday to publish the actions of Mooncoin Brasil during the week, like a weekly report for the team Mooncoin ANN to be able to follow the events


And I every Monday will send to you my donation 🚀 Shocked
legendary
Activity: 1375
Merit: 1010

That's why I voted for making Mooncoin more secure over and over again. But Mooncoin Foundation and some others blocked that - for example my suggestion of making MOON a PoS/PoW-hybrid coin or implementing another - more complex algo or technology - making it a little harder to attack Mooncoin, instead of spending development-power on MoonWord, SmartLikes and other relatively uninteresting things.

I didn't block anything: you were able to find a dev, convince him, convince the community and implement PoS or Hybrid, or Proof-of-Capthas.
Why I'm personally against PoS and exotic algos:
Mooncoin is a Proof-of-Work coin (like BTC, DOGE, LTC).
It's a time tested model, a golden standard. A network hashrate of Mooncoin now is like a hashrate of DOGE and LTC in 2014-2015.  
Proof-of-Stake is a completely different model. A lot of coins are Proof-of-Stake, but very few are Proof-of-Work. Proof-of-Stake often works like a pyramid when someone who already has a lot of coins, receives more and more. While with Proof-of-Work - miners mine coins, it costs money to mine a coin, they are not made out of thin air and people have equal opportunities. In the future regulators may also pay some attention not only to ICOs, but also to Proof-of-Stake coins with big percentage rewards, they really may have some pyramidal features in some cases.
In a Proof-of-Work model - labour, resources create coins. It's mining. It's a different model.

Proof-of-Stake and other algos have a lot of their own security issues. It's untrue to say that Proof-of-Work algo in case of Mooncoin is unsecure while Proof-of-Stake or Hybrid would be secure. No. There was a lot of discussing on that, so even without having so much tech knowledge as coinflow, I can definitely say that other algos have their own security issues.
Why not exotic algos: without miners (and pools are focused on Proof-of-Work mining which is simple and available for them, and btw miners are not ready to solve captchas or accept other proof-of-human algos like coinflow suggested earlier) - the network will be weak. Exotic algos have their own (often UNKNOWN) security issues. For example, a creator of Balloon hash algo disclosured on his page that it had potential security issues, unknown vulnerabilities. Also in case of Balloon and other exotic (or simply not tested by Mooncoin) algos, there will be a lack of miners and as a result - a low network hashrate, which will lead to security issues. The same would happen in case of selling of frozen coins, the price would be low, which would lead to low network hashrate and to possible security issues (however even in this case if you keep your coins in the normal wallet or on paper wallets, it's safe, a 51% attack cannot steal your coins).

I personally have no idea how to transform a PoW coin into a PoS coin technically. I doubt that this could be done without making a new blockchain from scratch and without a swap. Anyway that would be 100% and even 1000% against Mooncoin's philosophy of decentralisation and simply would be rejected by the consensus. Don't forget that even a fork is a big risk (to say nothing about a swap).


Mooncoin needs a stable and serious development, ironing-out of bugs and strong and friendly support of normal investors by a competent dev, as well as strong efforts to get it listed on further, bigger exchanges. Not a new soldier-of-fortune-feature or short-sighted-speculator-candy every day or week. That's all what it takes. If Mooncoin has achieved this, one could think about new features, if necessary. But first of all, serious investors need stability, honesty and a proven record of development. Everyone can write a white paper or a "roadmap", but developing a stable coin that becomes a "classic" or a "no-brainer" to invest in, needs much more than changing the block-reward or burning coins. Why not burn every coin except of 43, to become the brother of 42-coin? Why not do a swap and set the deadline to next week, so that the result is, that all earlier holders of MOON are out of the game? They would recognize months later, when they look again at their wallet, that their coins are useless then.


What coinflow says: hypothetically Mooncoin with 43 coins of total supply as a brother of 42-coin it is simply NOT POSSIBLE. It would be rejected even if someone announced it. As well as any bad dishonest things. Remember: the consensus in a decentralised project accepts only good things. And it's not me who blocks/blocked that. If you want, just try, find a dev, try to convince a dev, the community etc. If people agree, they will support you. Some responsibility is advised though. People should ask experts first and do a good research. Yes, I'm personally against Proof-of-Stake, but my vote is only = 1.

We can endlessly say that Mooncoin needs serious developers etc, but did you try to find anyone? If you tried, you knew that's extremely difficult. A dev must be experienced, honest, he must communicate, he must have courage, and finally he must provide his identity when he is going to code and compile wallets.
No one, except barrysty1e (James) agreed in 2015-2016 to become a dev on these conditions.
But barry had problems with communicating and completing things. After several months of madness of community in 2017 about barry's communication issues, an user polemarhos888 from Crete, Greece (who also contacted Mr. Valamontes but Mr.Valamontes didn't agree), polemarhos888 said that he found a dev in his town, Vassilis Kritharakis, he started to convince Vassilis to join Mooncoin development, and only after his many efforts Vassilis agreed. He provided his identity and started working, fixing issues first and after that he was going (he didn't even start it unfortunately) to implement new features MoonWord and SmartLikes directly into the wallet.
We all know what has happened later.


Good afternoon ! All these people need to read this post from Mooncoin Foundation. I will try to help again this community about new developer. But in my opinion, we need more people to help us in this section (new developers). Also, I believe that this coin has huge possibilities. Of course, we need winner mentality to highlight them !

congratulations on the great commitment and the reconstruction of what has happened
newbie
Activity: 53
Merit: 0
After 4 hours of waiting bitcoins not in my wallet yet!!!
Mooncoin needs only 10 minutes for transaction confirmation. It's lighting fast.
sr. member
Activity: 499
Merit: 250
To The Moon !

That's why I voted for making Mooncoin more secure over and over again. But Mooncoin Foundation and some others blocked that - for example my suggestion of making MOON a PoS/PoW-hybrid coin or implementing another - more complex algo or technology - making it a little harder to attack Mooncoin, instead of spending development-power on MoonWord, SmartLikes and other relatively uninteresting things.

I didn't block anything: you were able to find a dev, convince him, convince the community and implement PoS or Hybrid, or Proof-of-Capthas.
Why I'm personally against PoS and exotic algos:
Mooncoin is a Proof-of-Work coin (like BTC, DOGE, LTC).
It's a time tested model, a golden standard. A network hashrate of Mooncoin now is like a hashrate of DOGE and LTC in 2014-2015.  
Proof-of-Stake is a completely different model. A lot of coins are Proof-of-Stake, but very few are Proof-of-Work. Proof-of-Stake often works like a pyramid when someone who already has a lot of coins, receives more and more. While with Proof-of-Work - miners mine coins, it costs money to mine a coin, they are not made out of thin air and people have equal opportunities. In the future regulators may also pay some attention not only to ICOs, but also to Proof-of-Stake coins with big percentage rewards, they really may have some pyramidal features in some cases.
In a Proof-of-Work model - labour, resources create coins. It's mining. It's a different model.

Proof-of-Stake and other algos have a lot of their own security issues. It's untrue to say that Proof-of-Work algo in case of Mooncoin is unsecure while Proof-of-Stake or Hybrid would be secure. No. There was a lot of discussing on that, so even without having so much tech knowledge as coinflow, I can definitely say that other algos have their own security issues.
Why not exotic algos: without miners (and pools are focused on Proof-of-Work mining which is simple and available for them, and btw miners are not ready to solve captchas or accept other proof-of-human algos like coinflow suggested earlier) - the network will be weak. Exotic algos have their own (often UNKNOWN) security issues. For example, a creator of Balloon hash algo disclosured on his page that it had potential security issues, unknown vulnerabilities. Also in case of Balloon and other exotic (or simply not tested by Mooncoin) algos, there will be a lack of miners and as a result - a low network hashrate, which will lead to security issues. The same would happen in case of selling of frozen coins, the price would be low, which would lead to low network hashrate and to possible security issues (however even in this case if you keep your coins in the normal wallet or on paper wallets, it's safe, a 51% attack cannot steal your coins).

I personally have no idea how to transform a PoW coin into a PoS coin technically. I doubt that this could be done without making a new blockchain from scratch and without a swap. Anyway that would be 100% and even 1000% against Mooncoin's philosophy of decentralisation and simply would be rejected by the consensus. Don't forget that even a fork is a big risk (to say nothing about a swap).


Mooncoin needs a stable and serious development, ironing-out of bugs and strong and friendly support of normal investors by a competent dev, as well as strong efforts to get it listed on further, bigger exchanges. Not a new soldier-of-fortune-feature or short-sighted-speculator-candy every day or week. That's all what it takes. If Mooncoin has achieved this, one could think about new features, if necessary. But first of all, serious investors need stability, honesty and a proven record of development. Everyone can write a white paper or a "roadmap", but developing a stable coin that becomes a "classic" or a "no-brainer" to invest in, needs much more than changing the block-reward or burning coins. Why not burn every coin except of 43, to become the brother of 42-coin? Why not do a swap and set the deadline to next week, so that the result is, that all earlier holders of MOON are out of the game? They would recognize months later, when they look again at their wallet, that their coins are useless then.


What coinflow says: hypothetically Mooncoin with 43 coins of total supply as a brother of 42-coin it is simply NOT POSSIBLE. It would be rejected even if someone announced it. As well as any bad dishonest things. Remember: the consensus in a decentralised project accepts only good things. And it's not me who blocks/blocked that. If you want, just try, find a dev, try to convince a dev, the community etc. If people agree, they will support you. Some responsibility is advised though. People should ask experts first and do a good research. Yes, I'm personally against Proof-of-Stake, but my vote is only = 1.

We can endlessly say that Mooncoin needs serious developers etc, but did you try to find anyone? If you tried, you knew that's extremely difficult. A dev must be experienced, honest, he must communicate, he must have courage, and finally he must provide his identity when he is going to code and compile wallets.
No one, except barrysty1e (James) agreed in 2015-2016 to become a dev on these conditions.
But barry had problems with communicating and completing things. After several months of madness of community in 2017 about barry's communication issues, an user polemarhos888 from Crete, Greece (who also contacted Mr. Valamontes but Mr.Valamontes didn't agree), polemarhos888 said that he found a dev in his town, Vassilis Kritharakis, he started to convince Vassilis to join Mooncoin development, and only after his many efforts Vassilis agreed. He provided his identity and started working, fixing issues first and after that he was going (he didn't even start it unfortunately) to implement new features MoonWord and SmartLikes directly into the wallet.
We all know what has happened later.


Good afternoon ! All these people need to read this post from Mooncoin Foundation. I will try to help again this community about new developer. But in my opinion, we need more people to help us in this section (new developers). Also, I believe that this coin has huge possibilities. Of course, we need winner mentality to highlight them !
hero member
Activity: 1022
Merit: 550
Mooncoin at Bitcointalk

That's why I voted for making Mooncoin more secure over and over again. But Mooncoin Foundation and some others blocked that - for example my suggestion of making MOON a PoS/PoW-hybrid coin or implementing another - more complex algo or technology - making it a little harder to attack Mooncoin, instead of spending development-power on MoonWord, SmartLikes and other relatively uninteresting things.

I didn't block anything: you were able to find a dev, convince him, convince the community and implement PoS or Hybrid, or Proof-of-Capthas.
Why I'm personally against PoS and exotic algos:
Mooncoin is a Proof-of-Work coin (like BTC, DOGE, LTC).
It's a time tested model, a golden standard. A network hashrate of Mooncoin now is like a hashrate of DOGE and LTC in 2014-2015.  
Proof-of-Stake is a completely different model. A lot of coins are Proof-of-Stake, but very few are Proof-of-Work. Proof-of-Stake often works like a pyramid when someone who already has a lot of coins, receives more and more. While with Proof-of-Work - miners mine coins, it costs money to mine a coin, they are not made out of thin air and people have equal opportunities. In the future regulators may also pay some attention not only to ICOs, but also to Proof-of-Stake coins with big percentage rewards, they really may have some pyramidal features in some cases.
In a Proof-of-Work model - labour, resources create coins. It's mining. It's a different model.

Proof-of-Stake and other algos have a lot of their own security issues. It's untrue to say that Proof-of-Work algo in case of Mooncoin is unsecure while Proof-of-Stake or Hybrid would be secure. No. There was a lot of discussing on that, so even without having so much tech knowledge as coinflow, I can definitely say that other algos have their own security issues.
Why not exotic algos: without miners (and pools are focused on Proof-of-Work mining which is simple and available for them, and btw miners are not ready to solve captchas or accept other proof-of-human algos like coinflow suggested earlier) - the network will be weak. Exotic algos have their own (often UNKNOWN) security issues. For example, a creator of Balloon hash algo disclosured on his page that it had potential security issues, unknown vulnerabilities. Also in case of Balloon and other exotic (or simply not tested by Mooncoin) algos, there will be a lack of miners and as a result - a low network hashrate, which will lead to security issues. The same would happen in case of selling of frozen coins, the price would be low, which would lead to low network hashrate and to possible security issues (however even in this case if you keep your coins in the normal wallet or on paper wallets, it's safe, a 51% attack cannot steal your coins).

I personally have no idea how to transform a PoW coin into a PoS coin technically. I doubt that this could be done without making a new blockchain from scratch and without a swap. Anyway that would be 100% and even 1000% against Mooncoin's philosophy of decentralisation and simply would be rejected by the consensus. Don't forget that even a fork is a big risk (to say nothing about a swap).


Mooncoin needs a stable and serious development, ironing-out of bugs and strong and friendly support of normal investors by a competent dev, as well as strong efforts to get it listed on further, bigger exchanges. Not a new soldier-of-fortune-feature or short-sighted-speculator-candy every day or week. That's all what it takes. If Mooncoin has achieved this, one could think about new features, if necessary. But first of all, serious investors need stability, honesty and a proven record of development. Everyone can write a white paper or a "roadmap", but developing a stable coin that becomes a "classic" or a "no-brainer" to invest in, needs much more than changing the block-reward or burning coins. Why not burn every coin except of 43, to become the brother of 42-coin? Why not do a swap and set the deadline to next week, so that the result is, that all earlier holders of MOON are out of the game? They would recognize months later, when they look again at their wallet, that their coins are useless then.


What coinflow says: hypothetically Mooncoin with 43 coins of total supply as a brother of 42-coin it is simply NOT POSSIBLE. It would be rejected even if someone announced it. As well as any bad dishonest things. Remember: the consensus in a decentralised project accepts only good things. And it's not me who blocks/blocked that. If you want, just try, find a dev, try to convince a dev, the community etc. If people agree, they will support you. Some responsibility is advised though. People should ask experts first and do a good research. Yes, I'm personally against Proof-of-Stake, but my vote is only = 1.

We can endlessly say that Mooncoin needs serious developers etc, but did you try to find anyone? If you tried, you knew that's extremely difficult. A dev must be experienced, honest, he must communicate, he must have courage, and finally he must provide his identity when he is going to code and compile wallets.
No one, except barrysty1e (James) agreed in 2015-2016 to become a dev on these conditions.
But barry had problems with communicating and completing things. After several months of madness of community in 2017 about barry's communication issues, an user polemarhos888 from Crete, Greece (who also contacted Mr. Valamontes but Mr.Valamontes didn't agree), polemarhos888 said that he found a dev in his town, Vassilis Kritharakis, he started to convince Vassilis to join Mooncoin development, and only after his many efforts Vassilis agreed. He provided his identity and started working, fixing issues first and after that he was going (he didn't even start it unfortunately) to implement new features MoonWord and SmartLikes directly into the wallet.
We all know what has happened later.
hero member
Activity: 1022
Merit: 550
Mooncoin at Bitcointalk
About 'frozen' coins: when the community, a dev, exchanges, and major rightful owners of these coins agreed to freeze them in the code, people understood that there was no other way to prevent these coins from dumping by their not rightful owners.

Anyway, even if it really was a 51% attack, obviously even in this case only one who had a private key (had these coins on his address, probably  Mr.Vernon) could transfer these coins. Obviously, to organise a 51% attack and transfer coins (especially when exchanges and the whole community are monitoring the situation) is a way more difficult than just simply send coins from his address to exchanges, sell them and withdraw BTC. Very likely that barrysty1e's protection and monitoring of situation by the community and exchanges finally made Vernon transfer coins to a dev Vassilis Kritharakis, to an address which was transparently posted in Vassilis' signature at Bitcointalk).
So even if the protection was not ideal, it was what the community could do to protect itself from selling of these coins, after the update in Dec, 2016 and the fork in March, 2017 they were frozen, and no one could just sell them without making an extraordinary action (like as coinflow said there could be a 51% attack - btw is there any proof that it really was a 51% attack?).
Anyway, even if it's true, then 'frozen' coins could be moved on 2 conditions 1) having their private key + 2) an attack with a lot of hash power, the combination of both actions was an extraordinary thing, and barry did what he could. A 'fraudulent' action is an attack, and not trying to prevent further spending of stolen coins. If some bad guys steal coins, say, with a keylogger, is it dev's fault too? Just because he didn't mention that coins could be stolen with a keylogger, which is able to steal your password and everything you type with your keyboard. As far as I know, the protection was 1) freezing outputs + 2) telling exchanges + 3) monitoring the situation.
Even if it was not ideal and even if barry or other people didn't expect this extraordinary situation (we still don't know what happened), that didn't mean a 'fraudulent' action.
The community tried what it could. It's not good move to try to blame someone for doing their best.

Edit:
If you do nothing and if you are against people's initiatives, you are always safe, you are absolutely 'legal', okay, it's a safe choice,
but it's not okay if additionally you accuse people who tried help us all.

"Fear is the path to the dark side. Fear leads to anger. Anger leads to hate. Hate leads to suffering".
hero member
Activity: 1022
Merit: 550
Mooncoin at Bitcointalk
Coinflow, I do not see any 51% attack, if it were so simple I would not be here.

The idea about why PoS is more secure than PoW from some perspective (PoS has other security, economical and crypto ethical issues though) is that a big holder is not interested in a double spend attack, destroying trust in a coin, in which an attacker is invested in, however, if an attack was just to move coins on which an attacker had a control on by having them on his own addresses and having their private keys - it's not that case.

If you keep your coins in normal wallets or in paper wallets and don't disclosure your private key to anyone, you are safe against a 51% attack in a Proof-of-Work coin.
You can google it, if you don't believe. A 51% attack is about double spend (at exchanges) of coins which an attacker already has. Take into account that exchanges use one more protection against double spend: a number of confirmations for deposits, also more and more exchanges implement a verification of users.
Certainly a double spend of 62B didn't happen, or you could see 62B dumped on exchanges. The whole Mooncoin volume at all exchanges combined was not that much during several last months or maybe even years (I cannot say for sure about years, didn't count that). If a 51% attack and double spend took place, then you would see 62B dumped at exchanges about 2 months ago. If it would happen, then you would see the volume instantly in charts. Another thing which you would see: people who bought these dumped coins during a double spend attack at exchanges wouldn't receive them. Those billions simply would disappear from their exchange balances (a network wouldn't accept additional/double spent/made out of thin air coins). That happened to HTMLcoin (which now has a market cap several times higher than Mooncoin btw), you can google it, that happened to some other coins.
There are absolutelty no facts that a double spend attack whenever happened to Mooncoin (during more than 4 years).

Anyway, exchanges must protect users against a double spend. Exchanges decide risks and decide whether or not to list or a coin, what number of confirmations to set, in which cases to temporarily lock a wallet etc. Many things depend on exchanges, on their admins. Exchanges compile their own wallets, and in theory they are able to modify the code without letting anyone know about it.
Again and again: never keep coins or funds at exchanges, never keep more than you can afford to lose. You accept very huge risks if you deal with exchanges.
For newbies it looks like exchanges (companies) with transparent CEOs are safe, but that is not true.
Just look at these 62B (it was an exchange issue in 2015, it's not Mooncoin's fault).
A decentralised crypto project with an open source code = Trust. Any exchange/company = Risk.
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