Quote from: BitSeedsFoundation on April 27, 2015, 11:16:08 PM

Quote from: worth on April 27, 2015, 10:45:51 PM

So, what you're saying is you plan to release a new version of the wallet client that would disable proof of work and rely on only proof of stake from here onwards. And anyone who purchased or mined Bitseeds will still have their balance (and presumably would be able to receive any balances stuck on the pools)?

While I was looking forward to continuing mining in the future, I don't have a problem with any of the above if it gets things up and running again.

What about the 900K+ mined by the person/people who attacked the network? Looking at the rich list I have to assume they own most of the wallets in the top 10 aside from the Foundation's and one other one I recognize. Any other changes happening beyond switching to POS only? Thanks for the update.

You are essentially correct.

We are not concerned about the 900k coins. Those individuals mined those coins at great expense. They earned them.

While technically an "attack" as the blockchain was damaged, there is no evidence of malicious intent.

Yeah, I only used the term attack because it's how you guys have been referring to it.

I'd love to verify this, but I swear there were times that massive hashing power was pointed towards mining on behalf of other wallets on the bitops - like they were gifting Bitseeds or something. I was refreshing the page periodically during the early mining stages when I was mining on Bitops and I saw some weird jumps in hashing power that didn't make sense. Wish I'd taken screen shots.

Anyway, sounds fine to me.