I believe the most reasonable way to return people's Karma is as outlined below. The most reasonable way to do something is of course always very subjective.

By posting this I do not condone the transfer of Karma to anyone, I'm suggesting an outline of a way to do something that is going to be done in one form or another irrespective of this post.

Round 1:

1. Emails/passwords to Mintpal v2 and withdrawal address/amount claimed (all required to be entered or nothing is recorded) sent to Scyptminer via a website he creates. In addition to this there will also be optional fields (eg for uploading supporting documents, comments, etc). Scyptminer is to be given the Karma wallet by FerdousBhai once the general community consensus is reached on what the Karma community would like FerdousBhai to do. FerdousBhai is unlikely to act unless a general community consensus is reached.

2. Scyptminer will create a scrypt to read the Karma balances on Mintpal v2.

3. Verification emails are sent to the emails recorded in step 1 to confirm withdrawal of entire balance to the karma address provided to the site (shortly before the next step).

4. After at least 4 weeks have passed, the total Karma held compared to claimed and v2 balances should be checked manually, then all withdrawals processed by Scyptminer after he is given the go ahead. Claims should be approved at the lessor of the amount claimed or the v2 balance amount, the remainder of claims should be reviewed in Round 2 (detailed below).

5. After steps 1-4 have been completed the first time the process can be automated fully or processed manually by scryptminer.

Round 2:

First round 2 distribution to be at least two weeks after the distribution for round one, however incorrect balances should start being recorded from Round 1.

Round 1 will miss transactions such as failed withdrawals because these are showing as processed when they haven't been. There may also be other unforeseen reasons the v2 balances are wrong, for example failed deposits. People may have lost the email accounts associated with Mintpal etc. Round 2 is for all the withdrawals that are more complicated or have any issues.

1. People will state how much more Karma they should have recovered compared to round 1 claims and provide what ever evidence they can to support this claim via the site used in round 1. This part can be done at the same time as round 1.

2. Three trusted people (if they have this type of claim - they can't adjudicate on their own claim, have some technical skills, plus access to the required data) should form a committee to determine the validity of the claims and instruct Scryptminer to pay it out if a valid claim is made. If there isn't enough to prove the claim is valid but it is likely it is valid the committee can defer payment to be made until the end of the process if there is still Karma remaining. The determination is done by votes with a majority of 2/3 required. Scyptminer can't be on the committee because he has enough responsibility already.

Misc:
People can nominate themselves (not others) to be on the committee. This can be determined by vote if more than three people would like to do this.

A hard cut off date of 6 months after the site is opened should be enforced, otherwise the process may never end and people with only "likely" claims will not get paid out.

The original 4 week window is your opportunity to submit your claim. If you don't submit it within this time there is a possibility there won't be enough Karma to pay out your balance at all. Treat it as if you only have one chance to claim. I know everybody wants their Karma now not in over 4 weeks but if there isn't enough Karma it will be first come first served, which isn't reasonable. In the event of a shortfall only balances that are provable will be admitted and a payment will be made on a pro rata basis (for example, everyone will get 50% of what is owed to them).

FAQ:

1. Why not just use v1 since not much karma was bought or sold.

You are guaranteeing some people will “lose” based on this almost arbitrary line in the sand. An unknown amount of Karma was bought/sold during v2. This is 100s of millions if not billions of Karma. This means 100s of millions of Karma will be given to the wrong people. The people that bought it later shouldn't be penalised. People will lose their entire balance of Karma if you go off v1. Even if 100s of millions of Karma may not sound like much to you, it is when it is 100% of your Karma.

2. Why 4 weeks after the site opens?

It is possible there will be more provable claims than Karma recovered. Four weeks should be enough time for everyone to put their claims in to determine if this is the case. An alternate plan will need to be put into place if this were to occur.

3. Why “risk” your v2 email/password?

Realistically, it isn’t worth anything currently. Even if somebody has it, if you haven’t received your coins already it is very unlikely they will get it out of Mintpal. Make sure you change your password on others sites if you've used the same password.

4. Why are the failed withdrawals and other none matching amounts being done second? These claims are harder to review, so they will take a few weeks longer to review. Round 2 claims are to be lodged at the same time as round 1 claims, this will make sure if there is a deficiency in Karma (for whatever reason) both rounds claims will be reduced. If total round 1 and 2 claims exceed Karma balance at the end of round one then

5. Why not just get the person who currently holds the funds (Ferdousbhai) to distribute them? He doesn’t want to. It will be a pain in the *** and some people will not get what they are owed because they can’t prove it. Somebody (or a committee) will have to play the bad guy and not return a claim because it can’t be proved and/or somebody will get cheated which may mean somebody else loses Karma they can clearly prove they are owed.

6. Why Scyptminer? He already has more Karma than he can reasonably get rid of. Scyptminer is willing/capable of making the aforementioned site.

7. Why three people to determine who gets items in round 1. So no one person is blamed for somebody not receiving their Karma (they may be entitled to but it isn’t provable) or somebody getting Karma they are not entitled to.

8. What about funds I deposited into Mintpal after v2 that aren't showing in the balances? These will form part of the claim in Round 2. If these deposits were not received in the wallet due to an incorrect address being generated by Mintpal v2, these addresses may be able to get regenerated or your claim may not be provable and assessed on that basis.

9. Why do you need my email address / my password / my withdrawal address?

We need the email address and password to log into the site. Not all transactions occur on the blockchain after being sent to an exchange. Most transactions buying/selling to other people on exchanges don't move any Karma, it is only recorded in the account system of the exchange. You can see transactions sent to exchanges however these addresses are swept and the funds moved from the live/hot/online wallet to an offline wallet / cold storage. This does not represent if somebody sold or bought more Karma.

The reason screenshots and videos to verify your claim is because they can be easily faked.

We need your withdrawal address so it isn't a requirement to have it filled in on Mintpal. Also you may not wish to use your withdrawal address you put into Mintpal as the withdrawal address now.

10. How do you know the v2 balances are correct?

We don't. However I believe they are most likely to be correct. It is imperative to put in your claims in the first 4 weeks so there is a better indication of if there is a shortfall of funds or not. I would suggest 6 months for this process really, however I know the community at large will not agree with that, which is a requirement for the Karma being given to somebody.

11. I want to be the person to have the Karma wallet...

Please feel free to post here if you do. We can also hold a vote for that possession.

12. I don't like this part of the above.

Please feel free to post here what you'd like to change. The number of comments in favour or against the amendment. This is a starting point.

13. I don't like any of the above, even as a starting point.

Please feel free to comment here. Please make sure you post your alternative suggestion. This is a starting point.

14. Chargin, are you going to nominate yourself to be on the committee for advising scyptminer if he should send the round 1/2 balances?

No. If the committee needs interpretations of what has been agreed to or another party to determine if the process is being handled as the community requested or in the spirit of the above proposal I will advise them when requested.

Thoughts on some FAQ's for site.

Why can't I log in to Mintpal?

I don't have a karma wallet where do I get it from?

Who do I message about my claim?

What I do, I don't know if my balance is correct or not?

I can't access my Mintpal email address, how will you contact me?

How are you affiliated with Mintpal / how did you get the funds etc?

Who is on the committee?

Who holds the funds?

Why haven't you sent me my funds yet?

I disagree with your determination, now what?
-Can be reviewed by the committee again at their discretion, they get the final say.

Chargin.