Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [AC] Official Asia Coin Revival | Hard Fork and Voiding Pre-Mine
by
lionhead666
on 07/05/2014, 18:15:08 UTC
Can some1 go through all the codes, just to be on the safe side... I mean we cannot know if the devs are in fact all the same as the original dev.
So what is to prevent the original developer from selling more coins from the premine as we speak? Are you rolling back the block-chain to some point in the past or what, I don't get it?

Im not a coder, but as far as i know, there is a hardcode to block wallet, where the orriginal dev have these premined coins. That's the main reason for stop deposits and withdraws on exchanges and the rason why we'rewaiting for new updated wallet. Those premined coins will be, simply told, ignored.
I am a coder. I'll break it down.

Everyone can look on our AsiaCoin block explorer from the OP that wallet AKPy5ugy98yBkBCNU9Ne1bHExy5tqdq9Gu gained 3228519924.78 AC from transaction 4f2a34278389aac0b88bbb283338d4dac9314ec62e7dba0f263fc4570aa93c3b. If we go back to the first blocks, it's easy to spot that  block 1 is the original dev's premine and has a similarly large value to the dev wallet above.

As for the code fixes, look here and here for the hard coded dev wallet bans. We can all see redundant checks to block AKPy5ugy98yBkBCNU9Ne1bHExy5tqdq9Gu in ProcessBlock, IsStandard, and AcceptBlock. Check it out for yourselves. Each dev wallet ban in the code looks similar to this:
Code:
static const CBitcoinAddress lostWallet ("AKPy5ugy98yBkBCNU9Ne1bHExy5tqdq9Gu");
Code:
if (lostWallet.Get() == addressSource.Get()){
return error("CBlock::AcceptBlock() : Banned Address %s tried to send a transaction (rejecting it).", addressSource.ToString().c_str());
}