Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] RecoveryCoin - Generalized ECDSA attacks for Bitcoin key recovery
by
bitalchemists
on 23/01/2017, 10:45:47 UTC
BE CAREFUL PEOPLE, THERE ARE A LOT OF RED FLAGS HERE:

  • Anon dev
  • No Escrow
Promises things that are to good to be true: it walks and talks like a duck.
  • Github user is new and anon as well
  • Source code on Github is just C# and lacks a LOT
  • Source code on Github is C#, but OP mentions OSX and Linux as targets as well
  • This is dead wrong:
    Quote
    Deposit any amount in BTC to 19vVPuzXPBUiNdnr6KZwYP9rAtdtWkDjqi until 2017/03/01
    Get x150 to your parallel REC address
    (using the same private key of the BTC address you've sent from; funds will be hardcoded into the genesis block).
    Launch is expected in September 2017.
    Private keys are private keys. They should never be available for anyone but you. The person who has your private keys, controls your Bitcoin. So if the dev states that he uses your private keys to create REC coins in a "parallel" address, that alone should be enough to abandon this coin/project.

Keep your private keys safe. Make sure nobody gets your private keys. If someone is after your private keys, he is after your bitcoin!


1. Satoshi nakamoto was anon dev
2. You can have anon escrow and still be legit
3. This is not the best proverb you could come up with
4. Everything has a starting point
5. What exactly is the code lacking in your opinion?
6. Have you ever heard about mono?
7. The private keys are just used to demonstrate the PoW address
8. You lack intelligence

Hope that answers...