Post
Topic
Board Announcements (Altcoins)
Re: [announce] Namecoin - a distributed naming system based on Bitcoin
by
lkyinvestor
on 15/12/2024, 15:58:59 UTC


Hope that NMC will not be the next target for fraudsters after Luckycoin (LKY).
The coin had been mined for years being one of the oldest chains with more than 1.5 million blocks, and someone "revived" it and forked from the block 81,743 from 2013, under LKY original name and logo. Coinmarketcap updated LKY information with the fraud that left many miners and investors without their coins, being accumulated in 2014-2019.

Be careful, to avoid the same scenario.


Maybe it is worth from time to time releasing new node versions that include newer checkpoints, so that from time to time users can update their nodes to be immune to attempts to fork far far back in the timeline?


-MarkM-



that could help only in case of relatively fair game, if all rules of crypto ethics are broken, and Coinmarketcap, pools, exchanges would list a NMC chain forked from the block in 2013, and delist current NMC, checkpoints in the delisted chain could only save the chain itself, but the chain would be not main one, and coins would be useless if pools and exchanges would prefer a "revived" chain, one from Coinmarketcap