When I am logged into a mintpal.com and I see my balances and withdrawal requests, is it mintpal V2? All I know is I have KARMA at old mintpal and when they migrate, I was not move with my coins because new mintpal has realy stupid user interface. So, now I can look at my balance- my real balance from old mintpal, will I get all my coins back? Why mintpal just do not send all coins to our withdrawal address?
When you log into Mintpal now you see your v2 balance. If you haven't done anything with your Karma since the launch of v2 then your v2 balance should match your v1 balance. You will most likely get your coins back from the process being discussed on this forum.
Apparently Moolah left Karma's wallet on an old server which was going to be wiped by the hosting provider due to non-payment. One of the investors of Mintpal v2 (Ferdousbhai) worked with a couple of other people to recover the Karma wallet (as well as other wallets such as FLT) from that server. They are the ones that currently hold the Karma wallet. Mintpal v2 can't send your Karma back because they probably don't have the wallet, however nobody knows that for sure. This is all hearsay of course.
To whoever running the process, just a quick thing i just realized. For Fluttercoin, a lot of FLT has been withdrawn from V2. So if we just trust V1, we paid some person in double. Most of our guys has been honest and told us they did actually cashed out some from V2, so we assume few double sending occured.
But if you use both balance, you may have a bit of a challenge (maybe Karma owners will be honest and advise if they cashed out from V2, fine!).
I mean if someone got 100M from V2, those coins still appear in V1. So he can stay quiet and claim from V1 balance.
The people making the distribution are aware of the disadvantage of using the v1 balance (sold Karma is an issue, withdrawals were not working), that is why the current plan is to use the v2 balances. People have suggested using v1 balances because they don't want to provide their Mintpal v2 passwords to the people making the distribution. There may be a vote on this.
I doubt the people making the distribution will end up using both balances because that option makes the least sense instead of aiming for v1 or v2 balances. The original proposal, potential/actual changes and an update will be given in my next post.
Chargin.