Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Cinni | Private Encrypted Messaging | No premine
by
CinniCoin
on 30/10/2014, 23:28:26 UTC
Cinni Dev have you thought about my previous post?

I know your having issues getting ahold of anyone at mintpal but i think this is a solid idea



Idk about everyone else but when i log in to mintpal it still shows my cinni balance.

Theoretically that means moolah/mintpal knows exactly what is owed to everyone and the addresses for cold storage.


that means it is technically possible (although maybe infeasible) for moolah and cinni dev to email everyone with a cinni balance a new unique private key, which everyone imports into a new wallet, hardfork the chain and destroy all the mintpal coins/addresses/block transactions and create replica coins sent immediately to the addresses owned by the private key. Then everyone moves there coins to their own addresses with a different private key since its not really private anymore.


Probably some more technical detail needed but i think this would do the trick.  

well mintpal can just resync their wallet and rescan or even import their private key into a new wallet.dat if it didnt work then send the coins.

if mintpal doesnt want to send the coins on the right chain then they can atleast give me a list that contains the number of coins people have and their withdrawal address then i could put it in the blockchian and disable mintpals addresses if thats alright with everyone.
almost half of Cinni is controled by mintpals address.