Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!
by
primer-
on 17/06/2014, 10:15:28 UTC
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 - but in this case, the attacker won't bother with SLM and steal some BTC instead Smiley)

main.h:110
Code:
//Burn addresses
const CBitcoinAddress burnOfficialAddress("SfSLMCoinMainNetworkBurnAddr1DeTK5");
const CBitcoinAddress burnTestnetAddress("mmSLiMCoinTestnetBurnAddress1XU5fu");

I think the address was different before, perhaps this was addressed in the recent update. If not i am surprised i missed the 'SLMCoinMainNetworkBurnAdd' . Let me check my old wallet....


EDIT : Correct, the BURN address all along was SfSLMCoinMainNetworkBurnAddr1DeTK5. Stupid of me for not noticing

Waiting for someone to comb through the blockchain for a possible premine..