Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools)
by
bitman008
on 26/01/2015, 16:29:48 UTC
Bad news  Sad
I was too careless and lost all my mined spreadcoins. I contacted several data recovery companies and most probably it will be impossible to recover my wallet. Without these spreadcoins I will have no incentive to futher develop and support SpreadCoin.

Sorry for wasting your time with this cryptocurrency Sad

I think I found a way to recover my spreadcoins but you may not like it.

As I lost my wallet.dat I don't know exactly what blocks I mined and exactly how many coins I had.
I can approximately determine block before which my lost coins are situated. Everyone who have mined coins before this block will send them to him/herself (this can be made automatic). This will mean that this coins are not mine. Then, using some hack and releasing a new client I can send myself amount of the rest coins (or maybe less, say 80%).

This rasises two concerns:
1. What if someone will forgot to send coins to him/herself? These coins will still be spendable so he/she will not lost them. This raises the second concern:
2. What if I am a scammer and want just to double my coins, keeping old ones and getting new ones? The only way to prevent this that I see is to limit the percentage of presumably lost coins that can be spend but this is not trivial.

What do you think about such a plan? Is it acceptable in you opinion?

P.S. This way there is no need for anyone to donate coins to me.

And you guys fell for this ?! Shocked

You allegedly easymined 80k during the first month DAY and neglected to create a single back up ?

No cold storage. Nary a private key to be found.

GTFO !

My apologies, I mistakenly said "one month" when in fact the 80k SPR wallet went AWOL on the day of launch.
SPR is dirt cheap,stop bashing here!