I wonder how long it will be until they just ban Josh's Coins?

I should point out that you can render certain addresses useless quite easily with just a few lines of code...


https://github.com/gaodaochu/dicecoin/commit/ca91e22a754ff8723d21a2edc8279c95eb8b08fa

You can do that, but you probably shouldn't. Would you buy a coin that someone can (and has) just take away that simply?

It's possible to fork a coin and rob somebody, but why would anyone "invest" in a coin when it's been proven that it's simple to just take them away?

I believe extenuating circumstances such as Paycoin, where its birth was created within a company that has failed at levels in which any board or investor would have crucified long ago.

A [hard] fork is a fork, and should not be taken lightly. It's not like a fork will happen every day and there is the potential of having multiple people put on the "blacklist". Getting a fork to get integrated smoothly is NOT an easy task. I helped Dogecoin when AUXPoW was done, and let me tell you there are a hell of a lot of more people than you can imagine just on the non-person side to get a hold of to ensure it goes over well.

So perhaps I should tell you to go fork yourself  (a little fork joke ).

How exactly would the "bad" addresses and "people" be determined? I for one do not see how it is possible, especially with a clusterfuck like Paycoin where the one thing Josh has been doing with proficiency is mixing millions of coins since day 1. Now there are supposedly millions of coins "stolen" and in the hands of "hackers" . Who exactly decides which coins are to be kept and which eliminated? The people who supposedly did the theft? I have heard repeatedly that you are one of the "best" people in the crypto world, but hearing such complete and utter nonsense about fixing Paycoin come from you makes me think otherwise.

Well thanks for the compliment (I think? lol).

So explain to me because I am apparently ignorant of what a prime controller really is, is it not basically a hyperstaking wallet set to stake well beyond the 5% (100% to 350% at compounding interest)? A wallet with an address attached to it? And there are what, maybe 50 of them in existence (which can be accounted for in the core code)?

This is the assumption I am going off of, I'm not a developer but I certainly understand the fundamentals of mining and networks, PoW and PoS. To me, and again maybe I do not understand the core code of paycoin, but one can use snippets of LukeJr's code to blacklist those prime controllers to "destroy" them. This is just one of a few ways to deal with the situation.


Back to your main concern, there is the blockchain which you have personally and vigorously linked to multiple addresses belonging to GAW/Josh. Also Crypsty has information on those wallets, and with the proper leg work and perhaps persuasion they could release that information of their internal addresses to a blockchain investigator and potentially be backtracked to GAW addresses(depending on how their back end architecture was done). There is also emails which dictate certain addresses belong to GAW/Josh.


There are many ways to get the information, you of all people should know that considering how well you have been following the blockchain. There are also ways to vet the information as well.


If I am wrong, please let me know. I would be curious to know if there are any wrong assumptions here.


EDIT: Whatever is done to try to fix will never be perfect and I understand that, but there are ways to attempt to fix things as best as possible.

There are THOUSANDS of addresses to which coins have been sent from Josh's stash of ~4-10? million XPY from the premine alone- not even getting into payouts from the Prime Controllers. Literally THOUSANDS. The numbers may even be in the tens of thousands of addresses. How exactly do you suggest that this be sorted out? How should the good guys and bad guys be determined? Were coins and Prime Controllers stolen? Says who, Josh? Or the people who helped Josh organize and perpetrate this fraud? The guys hand picked and PAID by Josh to distance Paycoin from him? I for one do not believe the storyline being pushed by Josh and the guys who helped build this fraud scheme who are now supposedly his worst enemies. I call shenanigans.  

Paycoin is what it is and if you stick your hand in this bucket of shit to try fix it you are going to end up with shit on your hands and it will remain a bucket of shit.

Understood there are thousands of sent addresses, but there are also the sending addresses as well as other information (such as exchanges, which should be following KYC laws once someone has a threshold withdraw) that could be used to identify which coins/addresses belong to GAW. Again as I stated, you wont get all of them but you could get a number of them. Maybe when this all goes to court and addresses that Josh was suppose to send to the SEC could be used as well. You need to think outside the box here, there is always a way to tie them back.


How is what I just stated above hard to do?


And again I ask, is a prime controller just a wallet? If so they are hard coded with an address that can be removed. Problem solved since I do not think any of these made it to the masses.Eliminate them all I say.


I dont 100% believe the story either, which is why I worded what I wrote the way I did in my statement.


On your last statement, I dont see my hand being stuck in a bucket of shit. I'm offering suggestions like many others have in this thread. I personally havent acted on anything and am not spending anymore time other than writing a bit on it.

You do not understand AT ALL, Mage. The number of unique addresses where coins were shuffled in and out of is ridiculous, and growing by the second- it is still going on full force as this is typed. Now you have to include a supposed theft of not only millions of coins, but also Prime Controllers which shit out thousands of coins a day. Which coins are you going to brand as legitimate? And who EXACTLY gets to decide? Josh? The people hand picked by Josh to distance Paycoin from him, as per plan? The "theives" who stole coins and Prime Controllers? What if Josh is tried and found innocent of all charges? THEN what? Are YOU going to pay the fucker back when he sues???  The things you have been suggesting as far as fixing Paycoin are completely fucking absurd and show no aforethought whatsoever. My suggestion is to either spell out an exact plan for your "fix" of Paycoin or never mention it again.

Going on a limb here... If the Prime Controller *wallets* were hard coded in the source code, wouldn't it be possible to say identify a wallet from 1 known address and extrapolate from there?  If have an address that you know belong to someone, you can identify a wallet (have no clue if can be done) then it would be easy to write a bit of code to record any TX from this wallet and see what other addresses are linked to it.  The have to compare something on the [value in] to be able to make that determination.. whatever formula they are using to go from a [value in] to a wallet identifier should work for to uniquely identify any and all wallets.

Without being a way to destruct anything it sounds to me like that could be a way to discover a portfolio of addresses, that could be a ZenCloud portfolio, a PayBase portfolio, a Josh portfolio and for whoever else a portfolio is needed.  One of the big problems right now is not being able to know easily which address belong to which wallet, that would make automated digging alot easier to implement.

Regarding the shuffling of addresses, this is a ZenCloud and PayBase side effect I believe, I would HIGHLY doubt that Josh has a wallet that shuffles anything unless he does so manually all day long.

For starters, let me help you with your panties you got in a bunch.  

I dont think I can be more clear on what I stated honestly. I asked some very clear and pointed questions, which I asked because I did not understand what you were getting at. There are very specific wallet addresses that belong to GAW and Josh that can be blacklisted. And all prime controllers from what I understand belong only to a select few to include GAW/Josh.

Fork the code, blacklist those addresses, and remove or blacklist or remove the large staking rate of those specific addresses. What the hell is so hard to understand? What does a transaction have to do with a unique address?

I never said anything about specific coins, I think this is where you are misunderstanding me.