Topic: [SDC] ShadowCash | Welcome to the UMBRA - page 406. (Read 1289636 times)

Yeah I donated.  But according to trollsroyce, Isidor agreed to do it without a fee:  "So far, Isidor is the only qualified person that has stepped up to the plate without asking for a fee first and on that principal I believe he deserves to be compensated for his work. If and when other reviewers become available we'll start up a contribution/donation list accordingly."(http://shadowtalk.org/topic/321/shadowcash-whitepaper-review-and-code-audit).  Sounds like we were compensating out of goodness of our hearts.

I plan to donate more once the review is completed, if its completed.

I sent .2btc  Hope to send more soon

Kicks off when the below reaches 5 btc:

Total Received    3.29988259

So donate. Nearly there after all

How long before the review by Isidor Zeuner is completed?

Posting just so Alty isn't the most recent poster. GO TEAM SDC!

I believe these exist on this thread somewhere.

Edit: VVV

Yes Shadow is effectively a token on the SDC blockchain (like Mastercoin/Bitcoin) but there are intermediary processes that make Shadow anon.

For example and there are many.

Changing Mastercoin for Btc does not create a new Bitcoin.

Whereas, swapping Shadow for SDC does create a new Shadowcash.

Ok thanks, that's awesome!
Does Shadow/SDC work in the same way as Mastercoin/Bitcoin? I mean, are they linked in a similar way?

Yes.

The original SDC were destroyed to create Shadow, and the Shadow were then destroyed to create SDC in a completely new address.

The only thing to be wary of is say converting 1234 SDC to Shadow, then quickly converting 1233.999 Shadow to SDC. The destruction of 1234 on one addy and creation shortly thereafter of 1233.99 to a new addy creates a link you can still plausibly deny, but a link all the same.

Redeeming Shadow to 2 SDC addresses and leaving a bit of Shadow un-destroyed (some dust) would be a more intelligent way of "washing" your SDC imo.

Does this conversion from SDC to Shadow mean that the SDC gets hard to track as well? I mean, if someone supposedly is trying to track my SDC, I convert to Shadow, then reconvert back to SDC - would this mean that my SDC has cut its link to where it originally came from? (That the SDC blockchain becomes non-linear in a way)

Great! The more people that follow your lead the better.

agreed. Just created a bunch of Shadows plus am staking.

Also:
Come on people! we are >  3/5th  there of getting an expert and highly respected reviewer to kick into action!!!!

Address 1GGzBQXnouv2LvSvBLcT9vR8CZ3X1sQi6y
Address   1GGzBQXnouv2LvSvBLcT9vR8CZ3X1sQi6y
Hash160   a96f00a0c302a77800c24c4ddeb062a44ea88be4
Current Balance    3.09008259
Total Received    3.09008259


Lets get this done. And yes i did contribute.......

Well I waited for some time after sending sdc ->shadow before sending shadow->sdc to a new stealth address. This is after reading about 10 block maturity comments etc. This time it worked beautifully. However my first shadow which I tried to convert back to SDC is still missing in the ether. Seeing that I have a successful conversion this time I will write it off as fat fingers. However if it is related to the '10 block shadow maturity' statement in earlier posts, it would be prudent to prevent any conversion attempt pre-maturity in code to stop this from happening. I will try again using 'impatient mode' to see if I can recreate the issue. Still : great work. Massively undervalued. Which is great for us here atm (;-)

i just sent over my hd scanning tool to dasource, he is working with drew to see what can be done.

I'll send a donation today or tomorrow...

I recommend shutting it down and sending the drive out for professional data recovery, like the kind used for forensics. It's worth it, even if just for image.

Some news has come to light that has to be shared with the full ShadowCash community.

As you might know we have had a tipbot in our IRC channel basically since the start of ShadowCash. Marnie is our beloved tipbot, and is kept up by drew. Drew is a member of the crypto scene i've known for over 10 months now, and he's the one that actually bought a license for mIRCStats back in the days of BlackCoin for those cool IRCStats. We now also use this license for the #ShadowCash.

Drew however also offers tipbots for many coins including Marnie for ShadowCash, which was one of the first bots he built. Over the months his bots became more advanced (automatic backups and what not) however Marnie was left behind. With the recent update to ShadowSend v2 Marnie needed an update and was taken offline for most of the end of 2014.

Today she is back, however, when the update happened the wallet file was overwritten. This means that all balances on Marnie have been reset to 0. The coins that were on Marnie effectively have been destroyed now. All private keys have been lost with the overwrite of the previous wallet file.

The personal loss for users is not that high. Most didn't have more than 10 - 20 SDC on their tipbot account. However, in total we think about 300,000 coins have been lost today. That is quite a chunk, about 5% of the supply for SDC. As the private keys have been lost (and yes, we tried recovery) these coins are now effectively destroyed. You won't see in in an explorer, but SDC now has a supply of 6,1 million instead of 6,4 million.

Also, I would like to note that about 200,000 of those coins were in the possession of old guest accounts and old users whom never visit #shadowcash anymore and didn't claim their tips.

The personal loss for individual users is very small here, the loss for SDC itself is greater. Drew has apologized profusely to me. I have know him for nearly a year and do not believe he has stolen these coins. As I am myself he is a crypto enthusiast, believing in honesty instead of scams.

Also, note: Tipbots are not personal wallets. Ever.

Ok i sent a donation