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Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
by
vObh0n]6W
on 08/03/2015, 19:51:54 UTC

But fork or not, crypto is permissionless. I could do it and GAW couldn't do shit. Threaten to sue me, but fuck them. Jot Ganza ain't goin near a courtroom unless he's done arrested.

Not when you have miners only owned by a single entity: a Company in our case.

That is how Paycoin achieve instant transaction time.

Dude. Read a little about paycoin. It's not only mined by Gaw, anyone can technically mine (or "stake") if they have coins. If it was forked, then all you'd need was enough people moving over to the new fork to sustain it.

Yo, people be confused about how easy it is to get rid of the GAW premine. Let me lay it out:

1. Pick a block height in that XPY chain.
2. Collect all them unspent transaction outputs.
3. Throw out them that look GAWish.
4. Restart with new block chain with a premine giving coins to non-GAWish addresses. (Look what Clams did for example.)

And that there is how Paycoin3 can be started cleansed of its Ganza roots.

It ain't hard. Unless you ain't got enough knowhow to even redirect DNS. Then it's kinda hard.

If the Paycoin community be wanting advice on how to do this, then they should go to the start of this message and read it again.

Edit: jot

The problem with this proposal is that much of the coins are likely on exchanges already, so you can't seperate out the ones owned by Gaw. Plus, what about the customers who hold coins on Zencloud or Paybase? If they withdrew, they'd lose their coins on this plan.