tell me how you propose i was going to steal everyones supercoin?
Well let me see.... propose an automated swap for Supercoin - Supercoin+, in the meanwhile NOT destroying any Super but sending to your private account. Leaving Supercoin+ with a pre-mine, 90-sec block time and further just a copy-paste coin.
Do I know how to code? NO, if I could I would take over this coin and work my ass off to make it a succes. It already has the best name, the best tech....it just needs a willing and motivated developer to show it's potential.
thats a pretty big claim man. honestly.
sending from supercoin to supercoin+ occurs as such:
supercoin address is 34 bytes long, this is split into two halves; which is encoded using b58encode into two supercoin+ addresses (using padding where necessary).
the private key of either of these supercoin+ keys is unknown, as we've only calculated a valid public address.
however; we can test each send that we see to two addresses on the supercoin chain (i wrote a miniature block explorer in python specifically for this); that only allows a send from supercoin to supercoin+ if:
a) it detects a send to two addresses (sendtomany)
b) once the 17 bytes encoded in each have been recombined, and both addresses match b58enc checksum encoding (this would be impossible to 'cheat').
since we do not know the private keys given for either key; they are essentially burn addresses.
if a send is detected as valid, the total value of the send is sent from the pool of new coins, to the address that has been decoded.
the entire purpose of this was so people could move to a new, quicker chain (not the existing 4mil block one) and the performance benefits that go with it.
the code has been done and completed for some time. once there is confirmation that an exchange will list it, im more than happy to release the coin's source onto github (this prevents someone from mining the genesis block before it is launched properly and claiming the entire coin supply).
i had previously paid cryptojohn for some new logo designs, but he promptly disappeared afterwards.
reiterating, if someone would like this new 'lighter' version listed - please feel free to pay the listing fee for the exchange and i'd be more than happy to directly send them the source code.
it would be impossible to reduce the existing coins chain from its current near 4 million blocks.
there is no existing method to allow this, so i improvised and came up with a solution.
james