Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CommunityCoin (COMM) Fair & FREE Distribution | Pure PoS | Join Community
by
communitycoin
on 15/04/2014, 04:35:33 UTC
Dear community: we have to report an incident to you. This morning one of our team members computer had a hard-drive failure, and as a conseuquence many files were lost in which it has one of our COMM coin depot wallet, with approximately 196.8 mil COMMs in it. Despite all efforts we are not able to recover the wallet, and unfortunately no backup was made for this wallet (while we made backups for other wallets, this one was somehow missed as it was created later than others).

This is the wallet:
http://www.coinexplorers.com/address/CKGK6MFmBkreG7k5sU8gDEJNVJ57QZtN3H

We are sorry about this incident, and we want to sincerely appologize to the community. Since the wallet (private key) was erased, it is like this amount of coins was never mined. So total available coins will be 800 mils instead of 1000 mils for COMM. This is a good thing in a sense, that it will enhance our existing coin value. We publish the wallet so that everyone can see that this amount (196780608.602771 COMMs) will be dead in that wallet, that no one has access to them. These coins will never be circulated in the market.

With the coin reserves left, we will distribute 2nd round distribution, as promised.

As a community, we are going strong, and with about 800 mil coins in circulation, we will have a better value of our coin!

So delivery will be done according to same route and whats left put bounty budged.