vote 75%
Will the accumulated coins be lost?
Nope
Just lowering the rewards after a specific block in the future.
I've just build the test wallet successfully - now all we need to do is figure out how to lock the premine address. Anyone with experience care to lend a hand?
I believe you have to hardcode the premine merkle into the src and recompile to defend it:
7. Checkpointing the premine.
If you followed all the steps above you should be sitting with a lovely source code and compiled client.
We have a few things to finish and checkpointing the premine is highly important.
Many coin launches have been lost by people not knowing or forgetting to do this step. Without a checkpoint you can very likely kiss your premine goodbye to a hash attack on launch.
Start your compiled clients on both machines. Since we deleted the blockchain earlier mine your premine, plus 2-3 blocks.
Open the concole on the clonecoin client and type; getblockhash 1, getblockhash 2, getblockhash 3. We will use these three hashes to checkpoint the premine.
We also need some data from the C:\Users\(YOUR**PC**NAME)\AppData\Roaming\clonecoin\debug file.
We are looking for the details of the highest checkpointed block, in this case block 3.
2014-11-11 15:02:57 SetBestChain: new best=718732cb3323ceaa46c8fc5fd521e7f7e31e424c59cc2a02e4e39c2c7306a649 height=3 log2_work=22.000022 tx=4 date=2014-11-11 15:02:57 progress=1.000000
You will need to convert the last block time to an epochtime date i.e. in this instance, from 2014-11-11 15:02:57 to 1415718177. Use epochconverter for convenience
Now we add the block hashes for blocks 1, 2 and 3 and insert the highest block (block 3) details into the checkpoint block details. We also add the estimated number of transactions per day after the checkpoint.
https://github.com/HowToCloneAnAltcoin/Clonecoin/commit/d5e61c1d0e7678cc165acf9dc1a27c6d23200030.
Recompile your client.
Back up your C:\Users\(YOUR**PC**NAME)\AppData\Roaming\clonecoin folder. This now has your premine.
You now need to check the checkpoints are correct. On the client that does not have the premine, navigate to C:\Users\(YOUR**PC**NAME)\AppData\Roaming\clonecoin and delete everything EXCEPT wallet.dat (very important, DO NOT DELETE) and clonecoin.conf files.
Restart the client. If your checkpoints are correct the client should update and sync without issues.
see:
https://vcoin-project.github.io/cloning-litecoin/pardon my intrusion if this is not the answer