Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ParallelCoin - DUO - SHA256 + Scrypt | Community Takeover
by
lokiverloren
on 22/06/2019, 11:41:05 UTC
After I am finished with getting the server app `9` completed with its hard-fork switch, the exact details of the hash functions in the new proof of work, and we have the GUI sketched out, I will be assembling the verifications for any users making claims to recover funds lost to Cryptopia.

The details will be more clarified in the next week or three, but this is basically what we need:

1. Amounts deposited and the deposit address at cryptopia
2. Signed message proving control of the addresses that were the inputs for the deposits to cryptopia
3. An address to have the recovered DUO sent to as part of the hard fork switch process

With this information, and tracing it all back to the single address that now contains over 118,000 DUO, if everything looks correct we will encode into the hard fork to have the full amount that is provable returned to the accounts as requested by the holders.

The complete process will be published and the documentation proving the justification to do this will be published when the code in the hard fork is ready to go.

I am not sure where these filings should be going, I am just writing this to explain how we will run it and ensure that nobody gets a satoshi they don't have a legitimate right to.

edit:

It was just highlighted to me that it is possible that a user who deposited a sizeable amount on cryptopia may have in fact sold those duo on the platform. As such, based on the odds that I will posit, 50% chance they are trying to recover what they mistakenly sold, that we will only issue half of the value claimed as an insurance against this.