Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CRYPT] CryptCoin x11 + PoS | P2P Anonymity | 0% Premine | now on MintPal!
by
cryptolaw666
on 23/06/2014, 16:23:49 UTC
!!!IMPORANT ANNOUNCEMENT!!! (Read below) 6/20/2014

http://www.prosofteng.com/products/images/blue_update_button.png

Hello everyone, I am a developer working behind the scenes with the CryptCoin development team. I have two pieces of disturbing news that was brought to my attention recently.
1) The main cryptcoin developer included a hidden block within the coin (Block 38400), that he made me aware of containing more than the entire coin count to date.
   - He offered me 15% of this block to keep quiet, but I will not be swayed by greed to commit such unethical behavior
   - I have made mindfox aware of the situation (I'm assuming he wasn't aware before) and he has decided to leave the development team.
   - Due to the last point made, the development of anon send will be suspended until further notice.

2) Bribing of btc-e admins by some of pumpers in the group.
   Small snip of transcript: http://pastebin.com/Q76VrYdp
   - I think this speaks for itself, keep in mind the BTC-e administration had no idea about the hidden block

3) Because of these revelvations we have changed the github over to more reputable hands, as well as removing the bad actors from the IRC channel.
  
   I hope the community can work past these bad actors and this doesn't mean the end for the coin!


What? Was it a git hack attack from an insider dev? or was it some hidden block?

This was all FUD no hidden block as the work was POS not POW


What does FUD mean? F U D Huh

 Fear, uncertainty and doubt

https://en.wikipedia.org/wiki/Fear,_uncertainty_and_doubt

This was also previously posted by Cryptofox on one of the previous pages

http://chainz.cryptoid.info/crypt/search.dws?q=38400



Well I did not know INSTAMINE was



  
CryptCoin Blockchain Explorer
up to block 38438

  
Details for Block #38400
Hash    41740b54a50eada6a01f82388ca90f5aa3dc3936ed78363db6880363795ebb42
Date/Time    2014-06-21 10:47:28 extracted by Proof of Stake
Transactions   2
Value Out   220.55790286 CRYPT
Difficulty   0.00691508
Outstanding   2,617,490.81440693 CRYPT
Transactions
Raw Block
Hash   Value Out   From (amount)   To (amount)
478c98c759...   0.0 CRYPT  
Generation + Fees
Included in following transaction(s)   0.04075677 CRYPT
d671c0988e...   220.55790286 CRYPT  
Ej3JuDoMXi5eRNmx3WYyoSkprZNwkDXbnK   220.51714609 CRYPT
Ej3JuDoMXi5eRNmx3WYyoSkprZNwkDXbnK   220.55790286 CRYPT


If I may, the correct details are hidding in the "Raw Block" tab.
Let me assist a bit:


{
   "hash": "41740b54a50eada6a01f82388ca90f5aa3dc3936ed78363db6880363795ebb42",
   "confirmations": 42,
   "size": 402,
   "height": 38400,
   "version": 6,
   "merkleroot": "403048b479440718af8bfdf8a220ddbd495075b04a94097731a870e71499853f",
   "mint": 0.04075677,
   "time": 1403347648,
   "nonce": 0,
   "bits": "1e00909c",
   "difficulty": 0.00691508,
   "blocktrust": "1c5317c",
   "chaintrust": "115332bce279263",
   "previousblockhash": "e585bea9fd4003f21fb0fd324c9381d7436579fd1e25342d86ebda9a5fcd3dce",
   "nextblockhash": "00000000001e28ce5b9f9c280b8c99710548fc585626db1a34323f4a5f23338d",
  "flags": "proof-of-stake",
   "proofhash": "0000348a6840f422c2e798111ee61de0cea1ff167d61cb7b1947918a8746a588",
   "entropybit": 0,
   "modifier": "1238dbe0ebbd9f9a",
   "modifierchecksum": "fb6e8c76",
   "tx": [
      "478c98c759a6b551f3c6dc1bcbdcfcd82c328f95f98a1044b360dc9f55130ce0",
      "d671c0988eae42757de9de599e1b12c301b2fd740efbab0e3a4e52c3ca4fa729"
   ],
   "signature": "304502210080eb9d63155f00cf9a050282dbe72e0894437e8f3ad8cd1b4eac82aecb032b8502205 447dd4c4f6f1249de7c4dcca938709f1d335dc84c86c06fb815c94212d91b83"
}

It is a PoS block. That means that generated coins are coins calculated by the Yearly interest rate for the coins in the transactions multiplied by the number of days passed.
Can't really hide any coins in there.


is cryptowest a dev with cryptcoin? A user named cryptowest was in chat at cryptsy.com telling us that he was a dev of cryptcoin, and he also told us there was a git hack attack from a trusted member of the cryptcoin team? Was there a git hack attack from the trusted member? if so, what are the damages to cryptcoin?