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Board Announcements (Altcoins)
Re: [ANN] Luckycoin LKY | New Official Thread | Get Lucky!
by
lkyinvestor
on 22/01/2025, 01:21:51 UTC
I am an original Luckycoin holder,
however I was investing not only in LKY, but also in BTC in 2014, so I don't need to post here for money like you are saying.
You will be surprised, but I am ready to spend money for listing original LKY on normal exchanges and on pools.
And I am thinking of hiring lawyers to check if everything is okay with this "revival", when funds disappear.
However, for now I am just trying to find a normal decision, which could take into account interests of majority of holders, incuding buyers of new LKY.

If Bells did the same "revival"  (don't know much about it though), I agree that it was a fraud too. When we were talking with you in another thread, you agreed that this LKY "revival" is "garbage" and you told that you're not involved with that:
https://bitcointalk.org/index.php?topic=6017.msg64850582#msg64850582
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Re: [ANN] Luckycoin LKY | New Official Thread | Get Lucky!
by
lkyinvestor
on 21/01/2025, 23:50:43 UTC
If at some point in the future, crypto community returns to fairness - to the original chain, that will mean losses for current buyers of fake LKY.
There is a big everlasting risk, and obviously smart exchanges or pools will not participate in supporting of forked chain.
Anyway, of course, there will be pools and exchanges who will support it. Then just imagine that someone with huge resources (for instance, someone like Binance owner) will make another "revival" from the block #1, happened in May, 2013.
Buyers of new LKY then would be in the same boat with buyers of original LKY - their funds would disappear in the 3rd chain of another LKY, which would be present on Binance, and no one would care about LKY listed on small nonkyc-like exchanges, people would prefer to deal with new one, from Binance.

As one man said on the similar point:


Precisely the kind of thing blockchain was intended to prevent.


-MarkM-

Obviously, buyers of new LKY could also be interested in saving the original chain, if there is one chain and all funds are safe, all is fair - then there is no risk, no fraud, and no negative emotions from crypto community - then the future of project could be really bright. Why not just slightly change the code to include all blocks found before a fork point in 2024? That would solve the issue.

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Re: [ANN] Luckycoin LKY | New Official Thread | Get Lucky!
by
lkyinvestor
on 21/01/2025, 23:11:41 UTC
The main problem with this "revival" is:
if it is New Lucky, then it is incorrect to use the same name, symbol, logo and story.
It is incorrect to take over old Luckycoin web domains and editing old Coinmarketcap listing.
If the coin is new, then it is dishonest that domains, story, name, logo are not new and the same one with original LKY.

Not sure how many persons mined original LKY in 2017-2024, but in 2014-2016 it was quite active:
https://web.archive.org/web/20160413155222/http://www.multifaucet.tk/index.php?blockexplorer=LKY&charts

If there is a blockchain, there are certain immutable rules, no matter 1 person mines or 1 million.
If there is no premine, it is fair, all people have the opportunity.
If a small number of miners mine fairly, no matter - it is their own business.
They accept risks and have hope, expecting profit.

However, there are not miners only, but also people who were buying LKY on exchanges.
If someone makes their funds disappear in the new chain, it is a problem which will last.
The simple solution could be to make a revival from the latest block of the longest chain, and almost everyone here including nutildah and melander81 agreed with that.
It absolutely made no sense to make two chains instead of continuing the original one, there could be a fork to fix mining rewards or anything outdated, okay, but then forking from the latest block obviously.
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Re: [ANN] Luckycoin LKY | New Official Thread | Get Lucky!
by
lkyinvestor
on 06/01/2025, 21:49:03 UTC
From the start this was advertised as Luckycoin restarted at block XXXXX because the chain had essentially been mined by one person for the majority of the last decade, correct? So why after someone on twitter discovered they were able to sync the longer chain did all exchanges freeze deposits and blame some replay attack? The exchanges are older than the fork, there is no risk to them. They just stopped deposits, crashed the market and are killing this coin because they didn't research what they were listing?


There doesn't even seem to be a replay attack just a few transactions that coins be rebroadcast from old wallets. From our perspective, there is some coordination to only let certain people sell this coin.




If we look at charts, the chain was pretty active after the block 81'743 (Nov 25, 2013) chosen for "restarting":
https://web.archive.org/web/20160413155222/http://www.multifaucet.tk/index.php?blockexplorer=LKY&charts
Max 7'193 transactions on Dec, 22, 2013, up to 3'224 transactions per day in 2014, more than 1'000 (average per day) in 2015-2016.

In May, 2014 Luckycoin was mentioned by CNN (https://bitcointalk.org/index.php?topic=568287.msg6678487#msg6678487).

LKY was listed on exchanges and people were buying it in 2014-2018:
https://web.archive.org/web/20141030230840/https://www.cryptsy.com/markets/view/LKY_BTC
https://web.archive.org/web/20150908014821/https://www.coingather.com/exchange/LKY/BTC
https://web.archive.org/web/20150323145721/https://comkort.com/trade/lky_btc
https://web.archive.org/web/20150319003658/https://www.cryptsy.com/markets/view/LKY_BTC
https://web.archive.org/web/20160309020416/http://btcpool.exchange/Market?pair=LKY/BTC
https://bitcointalk.org/index.php?topic=568287.msg41528390#msg41528390

If you make all these people have zero balance of their wallets (all coins that were accumulated since November, 25, 2013 by miners and by investors - disappeared in a new chain), why do you expect that exchanges have to be happy with this "revival"?
Agree that they had to do their research before listing.

It is dishonest - if someone tries to erase all these years, no matter, replay attacks happened, or not, no matter, the original wallet synchs, or not.

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Board Announcements (Altcoins)
Re: [ANN] Luckycoin LKY | New Official Thread | Get Lucky!
by
lkyinvestor
on 05/01/2025, 02:41:00 UTC
I was able to completely sync my node to v1.0.1 and start mining original Luckycoin.
It still works.
The restart was a sham.
Only made to benefit the early miners and double spend old coins.
https://x.com/ZachZwei/status/1873286349232783824
See screenshot of miner running OG v1.0.1
https://imgur.com/a/CgP3RbS

That's true.
V1.0.1 is on the original chain, it synchs up to block 1'607'182 at the moment, which was mined today:
https://chainz.cryptoid.info/lky/block.dws?1607182.htm
But there are gaps between blocks due to low number of miners and due to negative impact of new chain, which is currently on a block ~251'150.
They saved only ~5 percent of original chain (first 81'743 blocks), so they have only a 5 percent share of original LKY.

Be careful. They try to sell to you something what is going to be very diluted.
For instance, investment-quality gold bars must be at least 99.5% pure gold. If they contain 5% only, it's fake what you buy.
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Re: [ANN] Luckycoin LKY | New Official Thread | Get Lucky!
by
lkyinvestor
on 04/01/2025, 23:01:40 UTC
Luckycoin is listed on the reputable block explorer service:

https://chainz.cryptoid.info/lky

Their block explorer is on the longest LKY chain, historical, original one.


Since when I announced an original LKY block explorer, gaps between blocks had started.

Please support the original chain by mining it.
You can mine directly from the v.1.0.1 GUI wallet, just by clicking '>>' in the Wallet Menu, then
Server: 127.0.0.1, port: 9918, use any good username and a password and click 'Start Mining'

Nodes to add from https://chainz.cryptoid.info/lky/#!network:
addnode=46.101.15.97
addnode=75.82.185.108

A link to wallets is available in the first post of this thread.
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Re: BBQCoin, the coin you want to eat.
by
lkyinvestor
on 04/01/2025, 22:36:35 UTC

Exactly! A massive double-spend attempt, going back to a time before they sold all their coins so they can sell the same ones all over again.


-MarkM-



That's one way to think of it. Another way is people who had balances pre-chain restart are receiving a weird airdrop of a new coin. To me it depends on the meat of the coin... does it use the same QT wallet as the old coin or is it a new wallet forked from something else?


I'd rather agree with MarkM and marklin. There could be another way to think of it only if "revivors" would list NewBBQ under a new name and under a new exchange symbol, for example: BBQNew, a trading pair BQCN/BTC, or something like that. Without rewriting an old page of BQC on Coinmarketcap. Why not start their own page with a name NewBBQ?

In July, 2013 almost no one had altcoins, there was a single altcoin exchange, Cryptsy, launched in 2013. Coins mostly were created to pump and sell them on Cryptsy. Devs left projects shortly after their launch. Later other devs and community were dealing with abandoned projects for years, trying to maintain them or bring to life again.

So what we see here is a fraud because they have stolen all attributes of coin, also a part of its chain - for their project, and the fact they use a new wallet, which is not compatible with original chain after July 2013, doesn't make it look legitimate.
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Re: [ANN] Luckycoin LKY | New Official Thread | Get Lucky!
by
lkyinvestor
on 30/12/2024, 04:23:56 UTC
Transactions differ, some inputs are the same
because they occured in July, 2013, before the fork point (November, 2013).
That means they belong to the part of chain from 2013 which is the same for both chains.

https://chainz.cryptoid.info/lky/address.dws?L3XnfLo5m3BrZxH5PVxxpg38G8F8X7oDfd.htm
Here we can see that coins were received in 2013 and spent completely in 2015, but on a new chain which doesn't include blocks from 2015 - they could be spent again and that happened (with same inputs from July, 2013).
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Re: [ANN] Luckycoin LKY | New Official Thread | Get Lucky!
by
lkyinvestor
on 30/12/2024, 02:12:22 UTC
Luckycoin is listed on the reputable block explorer service:

https://chainz.cryptoid.info/lky

Their block explorer is on the longest LKY chain, historical, original one.

If you are interested, please contribute and pay several $ for hosting.
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Re: [ANN] Luckycoin LKY | New Official Thread | Get Lucky!
by
lkyinvestor
on 29/12/2024, 00:36:33 UTC

Understood. This explains a lot.
So rolling back the chain to a much earlier state allows someone who still has access to these old wallets to spend them now in the new fork.
Completely negating any newer transactions that were done before.

Which probably explains why these so called "dormant" wallets has become active again.
I made a post about it recently on X.
https://x.com/ZachZwei/status/1872301134813237399
The scary thing is, this unknown user seems to have access to multiple wallets.
Distributed some old coins to new addresses.
The LKY revivers seems to promote that it was the og dev "LuckyC" is in control of this wallets.
What do you think?

Also, I was experimenting with the og LKY client v1.0.1 and saw a bootstrap.dat file which was still downloadable.
Ran the clien with it, and it is syncing way past this so called "revival".
Currently at  block 537269, dated March 19, 2015.

Posted about it too to highlight the fact that the og chain is still downloadable and syncing.
https://x.com/ZachZwei/status/1872675313156849960


LuckyC created LKY and left it shortly after pump-and-dump was finished, not caring about the fact that the first wallet had critical security issues: https://bitcointalk.org/index.php?topic=214614.msg2540519#msg2540519

Luckycoin security update was made by Titan (one who created this ANN thread):
https://bitcointalk.org/index.php?topic=236714.0
https://bitcointalk.org/index.php?topic=236714.msg2670491#msg2670491
https://bitcointalk.org/index.php?topic=214614.msg2502895#msg2502895

Titan was in charge for several versions of wallets, for ACP (advanced check pointing system, preventing 51% attacks) which was implemented in November, 2013,
additionally for OpenSSL heartbleed fix in v1.001:
https://bitcointalk.org/index.php?topic=214614.msg6163819#msg6163819

The latest stable version 1.001 was in use since 2014 and the wallet has been working flawlessly for many years:
https://github.com/LuckycoinFoundation/Luckycoin - source
https://github.com/LuckycoinFoundation/LuckycoinQT - release
The links are from OP.
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Re: [ANN] Luckycoin LKY | New Official Thread | Get Lucky!
by
lkyinvestor
on 27/12/2024, 22:15:54 UTC
from the block 81,743 (Nov25, 2013)? lky was pumped on cryptsy in November 2013 and sold to many accounts in 2013-2014, and now forking from the point before that, hidden double spend with 11 year gap

hey there, thanks for sharing
curious on this double spend that happened before.

are you saying that this double spend was still included in this new fork of LKY that is running right now?

Hi

When someone revives a coin, it is obvious that you have to revive it from the last block of the longest chain,
to include all transactions - that guarantees all funds are safe, all is fair.

In case with LKY, "revival" made a hard fork from the block deep in the past (found on Nov, 25, 2013), 11 years ago.
After this block there is a gap to August 2024. All coins accumulated since Nov, 25, 2013 till August 2024 are not present in the new chain.

Then it is a question why that was made in so strange way, with so much evil for many holders.
Why just not revive from the latest block with all those transactions happened since Nov, 25, 2013 included?

One who made a "revival" probably owned LKY in Nov, 2013 and then sent coins to Cryptsy exchange wallet when there was a famous pump called "Remember the moon in November".
Then sold LKY on Cryptsy to investors who were buying Luckycoin. So, investors paid their BTC and got LKY after Nov, 25, 2013 - on Cryptsy platform and then sent LKY from Cryptsy to their wallets - after Nov, 25, 2013.

But if you restart the project from the block found on Nov, 25, 2013, when coins were present in the wallet of one who sold them on Cryptsy later, the person again owns the coins which were sold many years ago, and is able to double spend them now.
While investors, who bought coins many years ago, don't have them any longer, because these transactions are not present in the new chain.
That looks like a new, uncommon type of double spend, with 11 year gap, hidden under "revival" idea.

That is just a logical explanation of why the block in the deep past was chosen to "revive" the project.
Even if it is not exactly what happened, anyway investors were buying LKY in 2014 and later, now their holdings are not present in the chain, and new investors are buying the same concept.
So, in any case it looks like double selling of one concept (under one name, logo, story) 2 times - because previous buyers automatically lost their share in LKY project.
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Re: [ANN] Luckycoin LKY | New Official Thread | Get Lucky!
by
lkyinvestor
on 23/12/2024, 16:22:08 UTC
https://web.archive.org/web/20230326115037/https://coinmarketcap.com/currencies/luckycoin/ 
Circulating supply (March 26, 2023) - 19.32 million LKY

https://coinmarketcap.com/currencies/luckycoin/
Circulating supply (December 23, 2024) - 12.07 million LKY
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Re: [announce] Namecoin - a distributed naming system based on Bitcoin
by
lkyinvestor
on 16/12/2024, 00:16:59 UTC
If as you imply the original chain has been running all these years we can go ahead and refer to it as Lucky Classic and keep on going.

Which, on-topic, translates to if someone steals the NaMeCoin branding those who have or can get the current blockchain and keep it going can simply use the term NaMeCoin Classic and keep right on keeping on.


-MarkM-

EDIT: Remember, money is IOUs so simply not being "above the fold" or "on popular exchanges and aggregator sites" just means the IOUs aka money could be harder to sell to new users, it need not mean they are any harder for their issuers to redeem aka buy back from those to whom they had been issued even if going forward fewer people might be interested in accepting them over again having redeemed them. Its not as if the existing exchanges etc suddenly changed the existing buy offers columns over to suddenly become buy offers backing the newfangled fraudulent version is it?



It had been running for many years until some point when it became untracked.

Well, I'm still not convinced that if my NMC holdings one day would become NMCClassic, while some irrelevant people would parasite on NMC name and history and benefit from fake NMC on pools and exchanges and sell their fake coins to people who would be convinced by them that it's the only one "true" and "revived" Namecoin - that it is a normal way of how crypto works.

Even if NMC is not dormant right now, at some point in future it could face stagnation, when block explorers are not renewed or exchanges delist it if the volume is low, and that could be ideal point for attackers to convince that their NMC (forked, for example, from some point in 2013 before they sold it and had a lot in their wallets) is real, updated NMC, listed by them on pools, cool exchanges, aggregator sites.

The solution could be to recognize this kind of scams and not accept them, be it submitted to CMC or other aggregator sites, or pools, or exchanges. We need serious projects that can investigate the crypto scene, recognize and report fast to community these fraudulent activities, even if they are hidden under a mask of good. Anyway thank you for discussing, long live NMC!

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Re: [ANN][CRC] Craftcoin - Portable Minecraft Game Currency w. Economy Plugin
by
lkyinvestor
on 15/12/2024, 22:29:03 UTC
Glad I'm not the only one seeing what's happening here. BEL, LKY, JKC now CRC .. It all started with BEL, the coin made by Billy Markus , creator of DOGE, before he made DOGE. Someone or a group forked it, started a new chain and all the sudden it skyrocketed in mining and price. Even Billy said he had nothing to do with the revival of BEL.
If they got away with that fraud, other people or the same people are doing the same to the old dead abandoned OG coins from 2013 era. 

Agree. We need community organization to fight with this kind of scams.
They have a lot of hashrate and a lack of morality, DOGE connection is possible. Not Billy Markus and definitely not Jackson Palmer, but it is not coincidence that they choose meme coins from the early era.

Do you have information or any hint what people exactly could be behind these fraudulent "revivals"?

Here they only say they are "passionate volunteers who believe in preserving a piece of blockchain history" and mention "Dogecoin connection":
https://coinmarketcap.com/currencies/luckycoin/#About

If you read it, they know exactly how much time Billy Marcus spent on creating Doge (a couple of hours), but B.M. by his character is not one who makes money from evil and from other people tears, Jackson Palmer is out of project after they changed its philosophy, likely it is someone who worked or communicated with them.
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Re: [announce] Namecoin - a distributed naming system based on Bitcoin
by
lkyinvestor
on 15/12/2024, 20:21:03 UTC

They were without their coins before, and they're without them now. So nothing changed for them. The New Luckycoin isn't the same thing as Old Luckycoin (nor Bells nor Junk).

Just to clarify that.
A lot really changed for LKY holders. In 2014-2024 even if Luckycoin was not active during last years, still there were expectations that one day the project will be continued in a fair way, from the latest mined block.

There was a single chain operating since 2013, one of the oldest chain. Investors and miners were interested in the story of Luckycoin, they were investing exactly in what now is being again promoted as the same concept, with the same logo, name and domains, but with all coins accumulated since Nov 25, 2013 disappeared in the new chain. Now there is no hope that someday the real historical project will be alive, because all its recognized attributes are stolen, replaced with fake Luckycoin, which was forked deliberately from the point deep in the past (11 years ago). It is just a double spend-like activity, and also a theft of attributes of dormant LKY project. It could be called "revival" only if the entire chain would be saved and continued from the latest block.

It is not a revival now, it is just fraud which could happen to many coins and blockchains. If crypto community would not stop this practice, it discredits the entire idea of immutability of crypto.


Anyway agree with you that it is off-topic a little here, we can discuss it in LKY ANN thread. On-topic my concern though is that some other historical chains like NMC could be a target of similar attack one day, not right now maybe, not in exactly the same way probably, but all holders of legendary coins should be aware of possible activities of scammers controlling a lot of hashrate and dreaming of making easy money out of stealing history, years of faith and hope.

Glad to hear that a legend like yourself is not involved with the fraud. I can confirm in fact you were the first who informed in this forum about what happened to Luckycoin this autumn, to aware people of that.

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Re: [announce] Namecoin - a distributed naming system based on Bitcoin
by
lkyinvestor
on 15/12/2024, 17:29:46 UTC
Hope that NMC will not be the next target for fraudsters after Luckycoin (LKY).
The coin had been mined for years being one of the oldest chains with more than 1.5 million blocks, and someone "revived" it and forked from the block 81,743 from 2013, under LKY original name and logo.

Be careful, to avoid the same scenario.

That can't happen because unlike Lucky, Bells & Junk, Namecoin never died. So its literally an impossibility.

Coinmarketcap updated LKY information with the fraud that left many miners and investors without their coins, being accumulated in 2014-2019.

They were without their coins before, and they're without them now. So nothing changed for them. The New Luckycoin isn't the same thing as Old Luckycoin (nor Bells nor Junk). Its more like Old Lucky holders before block 81,743 got an "airdrop" of New Lucky.


If it is New Lucky, then it is incorrect to use the same name, symbol, logo and story.
To say nothing of taking over old Luckycoin web domains and editing old Coinmarketcap listing. If the coin is new, then it is incorrect that domains, story, name, logo are not new and the same one with original LKY, no matter died it or dormant.

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Board Announcements (Altcoins)
Re: [announce] Namecoin - a distributed naming system based on Bitcoin
by
lkyinvestor
on 15/12/2024, 15:58:59 UTC


Hope that NMC will not be the next target for fraudsters after Luckycoin (LKY).
The coin had been mined for years being one of the oldest chains with more than 1.5 million blocks, and someone "revived" it and forked from the block 81,743 from 2013, under LKY original name and logo. Coinmarketcap updated LKY information with the fraud that left many miners and investors without their coins, being accumulated in 2014-2019.

Be careful, to avoid the same scenario.


Maybe it is worth from time to time releasing new node versions that include newer checkpoints, so that from time to time users can update their nodes to be immune to attempts to fork far far back in the timeline?


-MarkM-



that could help only in case of relatively fair game, if all rules of crypto ethics are broken, and Coinmarketcap, pools, exchanges would list a NMC chain forked from the block in 2013, and delist current NMC, checkpoints in the delisted chain could only save the chain itself, but the chain would be not main one, and coins would be useless if pools and exchanges would prefer a "revived" chain, one from Coinmarketcap


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Re: [ANN][CRC] Craftcoin - Portable Minecraft Game Currency w. Economy Plugin
by
lkyinvestor
on 15/12/2024, 15:49:26 UTC
Where is this being mined?
8Th/s of AuxPow mining has got to be somewhere...
$3 coin value?!?!?!?!?! Bloody hell!
Nothing like kicking a long-dead horse back to life.




Well, not back to life, a NEW life. This is a new chain. I guess everything mined before is useless. Thanks fake devs. All that hodling for NOTHING.

One of the biggest scams going on lately, somebody or a group fork an OG coin, restart chain to zero to make sure no old bag holder have a chance to sell,  mine secretly for a while,  chill and hype and a bunch of fools dump several terabytes to mine it, price goes moon and only they profit $$$ who's buying it?Huh


Exactly what happens to Luckycoin (LKY) right now. One of the oldest chain just like CRC, and someone restarted it from almost the beginning, forked with significant hashrate from the block in November, 2013. We can understand why pools and exchanges accepted the fraud (listing fees), but why respected and trusted Coinmarketcap updated Luckycoin information with no research, leaving people who were mining and buying coins for years without their holdings, why CMC promotes brand new and fake chain under the same historical name and logo, it is a question, and who is buying that is another question.


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Re: [announce] Namecoin - a distributed naming system based on Bitcoin
by
lkyinvestor
on 15/12/2024, 15:18:04 UTC
There are a lot of fake namecoins on Twitter (like namecoin_SOL). What should we do?

Hope that NMC will not be the next target for fraudsters after Luckycoin (LKY).
The coin had been mined for years being one of the oldest chains with more than 1.5 million blocks, and someone "revived" it and forked from the block 81,743 from 2013, under LKY original name and logo. Coinmarketcap updated LKY information with the fraud that left many miners and investors without their coins, being accumulated in 2014-2019.

Be careful, to avoid the same scenario.
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Board Announcements (Altcoins)
Re: [ANN] Luckycoin LKY | New Official Thread | Get Lucky!
by
lkyinvestor
on 15/12/2024, 14:52:06 UTC
So do this new chain is still compatible with old lky wallets and tokens ? Did someone try already ?

Hello there.
Would like to ask a few questions.
How were you mining Lucky before this new fork was introduced?
Up to what block height was it running?

Luckycoin was traded on exchanges and mined not only in 2013, but also in 2014-2016 and later, at least till Feb 28, 2019 (till the block 1,581,108):
https://web.archive.org/web/20190708165442/http://explorer.luckycoinfoundation.org:49917/