Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!
I'd like to see mumus and other developers go through the source code and make sure no coins were premined by the developer. I'd also like to know if there is a chance the BURN address actually spends coins - if so that should also be addressed in the hard fork.
The burn address can't spend coins because generating a private key that maps to an address that consists of a sequence of words (like "SLMCoinMainNetworkBurnAddr") would take an eternity.
(unless an attacker is capable of cracking both ECDSA and RIPEMD-160 [edit: and SHA256] - but in this case, the attacker won't bother with SLM and steal some BTC instead
)main.h:110
Code:
//Burn addresses
const CBitcoinAddress burnOfficialAddress("SfSLMCoinMainNetworkBurnAddr1DeTK5");
const CBitcoinAddress burnTestnetAddress("mmSLiMCoinTestnetBurnAddress1XU5fu");
const CBitcoinAddress burnOfficialAddress("SfSLMCoinMainNetworkBurnAddr1DeTK5");
const CBitcoinAddress burnTestnetAddress("mmSLiMCoinTestnetBurnAddress1XU5fu");