Quote from: melander81 on Today at 04:59:20 AM

Quote from: lkyinvestor on December 13, 2024, 07:19:01 PM

from the block 81,743 (Nov25, 2013)? lky was pumped on cryptsy in November 2013 and sold to many accounts in 2013-2014, and now forking from the point before that, hidden double spend with 11 year gap

hey there, thanks for sharing
curious on this double spend that happened before.

are you saying that this double spend was still included in this new fork of LKY that is running right now?

Hi

When someone revives a coin, it is obvious that you have to revive it from the last block of the longest chain,
to include all transactions - that guarantees all funds are safe, all is fair.

In case with LKY, "revival" made a hard fork from the block deep in the past (found on Nov, 25, 2013), 11 years ago.
After this block there is a gap to August 2024. All coins accumulated since Nov, 25, 2013 till August 2024 are not present in the new chain.

Then it is a question why that was made in so strange way, with so much evil for many holders.
Why just not revive from the latest block with all those transactions happened since Nov, 25, 2013 included?

One who made a "revival" probably owned LKY in Nov, 2013 and then sent coins to Cryptsy exchange wallet when there was a famous pump called "Remember the moon in November".
Then sold LKY on Cryptsy to investors who were buying Luckycoin. So, investors paid their BTC and got LKY after Nov, 25, 2013 - on Cryptsy platform and then sent LKY from Cryptsy to their wallets - after Nov, 25, 2013.

But if you restart the project from the block found on Nov, 25, 2013, when coins were present in the wallet of one who sold them on Cryptsy later, the person again owns the coins which were sold many years ago, and is able to double spend them now.
While investors, who bought coins many years ago, don't have them any longer, because these transactions are not present in the new chain.
That looks like a new, uncommon type of double spend, with 11 year gap, hidden under "revival" idea.

That is just a logical explanation of why the block in the deep past was chosen to "revive" the project.
Even if it is not exactly what happened, anyway investors were buying LKY in 2014 and later, now their holdings are not present in the chain, and new investors are buying the same concept.
So, in any case it looks like double selling of one concept (under one name, logo, story) 2 times - because previous buyers automatically lost their share in LKY project.