Author Topic: Distribution At Block 32000 - MemoryCoin 2.0  (Read 35284 times)

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Offline arubi

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Re: Distribution At Block 32000 - MemoryCoin 2.0
« Reply #30 on: December 10, 2013, 05:32:38 pm »
Is it not possible to map public PTS addresses to public MC2.0 addresses, then just import your private key from Protoshares on the MC2.0 wallet?

no 3rd party necessary

Yes - this is exactly how it works.

Oh Okay, so It's not like you even share your private key with anyone.

Offline barwizi

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Re: Distribution At Block 32000 - MemoryCoin 2.0
« Reply #31 on: December 10, 2013, 05:37:39 pm »
ok, the trade off is a bit high, at market you are saying 1 memcoin= 1 BTC, perhaps a 10 PTS= 1 memcoin is better.
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Offline jbutta2k13

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Re: Distribution At Block 32000 - MemoryCoin 2.0
« Reply #32 on: December 10, 2013, 08:53:36 pm »
Sorry, I am a little lost as to how receive the  MemoryCoin "distribution".  Is it a distribution or a swap since you state here that you need to move over to one address and then "selling" your PTS.  Maybe a full how-to on it would help.

Offline arubi

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Re: Distribution At Block 32000 - MemoryCoin 2.0
« Reply #33 on: December 10, 2013, 09:17:33 pm »
Sorry, I am a little lost as to how receive the  MemoryCoin "distribution".  Is it a distribution or a swap since you state here that you need to move over to one address and then "selling" your PTS.  Maybe a full how-to on it would help.

The process that is used when creating a private and public key pair (used to store and transmit coins) is agnostic to a specific coin, i.e. all coins use the same process (called ECDSA) to sign transactions (afaik).

By taking the public key off a Protoshares address, and mapping it to a public key on a Memorycoin address, you essentially have one private key that controls two addresses. One is PTS, the second is MC2.0.
If I understand the process correctly, you would only need to import your private key from PTS into the MC2.0 client, and the balance should already be there. This whole process can be done off line and does not require you to disclose your private key.


Please correct me if I'm wrong
« Last Edit: December 10, 2013, 10:23:28 pm by arubi »

Offline cass

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Re: Distribution At Block 32000 - MemoryCoin 2.0
« Reply #34 on: December 10, 2013, 09:47:57 pm »
go to help -> debug window -> console and type "listaddressgroupings"
you get an overview of all the addresses in your wallet.

to get the private key for an address type:
walletpassphrase "yourpassphrase" 600 (i hope your wallet is encrypted ;) )
dumpprivkey PtsAddressHere

when using walletpassphrase "yourpassphrase" 600 i get the following error:
Code: [Select]
Parse error: unbalanced ' or "
any suggestions ?
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Offline luckybit

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Re: Distribution At Block 32000 - MemoryCoin 2.0
« Reply #35 on: December 10, 2013, 10:49:48 pm »
Excuse my ignorance, but I am not getting it, we will have to import our Protoshares private keys into Memorycoin wallet before block 32000 ?

BTW, I am interested into the voting system, where can I read more of it ? I am interested in developing a web frontend for it.

Why should we import into the memorycoin wallet? Keyhotee is one thing because it's developed by the same company that developed Protoshares. We don't know who is developing memorycoin wallet.

A better solution is to implement memorycoin into the Keyhotee universal wallet so we don't have to worry about all this.
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Offline luckybit

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Re: Distribution At Block 32000 - MemoryCoin 2.0
« Reply #36 on: December 10, 2013, 10:53:42 pm »
Couple questions.  Is there any documentation on this? or a seperate wallet? webiste?  those sorts of things?

Also how do you obtain the private key that you're speaking of?

It's a separate altcoin/DAC - separate wallet, website etc. The private key will be derivable from your PTS private key.

How is it derivable? Why is it that we have to import our private key into every separate wallet? That means we have to trust your wallet, and every altcoin that comes up with a wallet in the future?

Keyhotee will have a universal wallet which we can put our private key into. That in my opinion is the smarter way to do it and then let each altcoin be an extension or plugin for Keyhotee. I think I will wait until it is done in that way.
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Offline cass

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Re: Distribution At Block 32000 - MemoryCoin 2.0
« Reply #37 on: December 11, 2013, 01:00:03 am »
free trade - developer of MemoryCoin developed the protoshare wallet also
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Offline cass

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Re: Distribution At Block 32000 - MemoryCoin 2.0
« Reply #38 on: December 11, 2013, 01:03:44 am »
Free trade pls give us more details about the concern to honor protoshare holders .. i mean its quite fine

And when Block 32000 is reached!?
« Last Edit: December 11, 2013, 01:06:21 am by cassiopaia »
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Offline devilfish

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Re: Distribution At Block 32000 - MemoryCoin 2.0
« Reply #39 on: December 11, 2013, 01:16:30 am »
And alas, the quest for who would rule DAC storage began! Should be interesting to see where this heads along with similar other projects, really interesting days :D
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Offline spoonman

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Re: Distribution At Block 32000 - MemoryCoin 2.0
« Reply #40 on: December 11, 2013, 02:56:11 am »
How do we check what block # we are on?

Offline Tasaio

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Re: Distribution At Block 32000 - MemoryCoin 2.0
« Reply #41 on: December 11, 2013, 03:58:53 am »
You can see the current block at http://btsblock.com/chain/ProtoShares

At the time writing this, we are at block 31472. I think it is about a day until block 32000.

Offline HambreDave

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Re: Distribution At Block 32000 - MemoryCoin 2.0
« Reply #42 on: December 11, 2013, 05:18:02 am »
Is there a place to download the MemoryCoin 2.0 wallet? If we only have about a day to do this, we're going to have to be pretty quick to get this done. Or am I completely missing something?

Thanks!

Offline alexr

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Re: Distribution At Block 32000 - MemoryCoin 2.0
« Reply #43 on: December 11, 2013, 05:53:38 am »
Ok, so if i move all my PTS in another wallet after the 32k block i can use with completely peace of mind my old private key and memorycoin
But i haven't understood yet very well the features of this alt, and also when the client will released
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Offline FreeTrade

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Re: Distribution At Block 32000 - MemoryCoin 2.0
« Reply #44 on: December 11, 2013, 06:19:21 am »
Ok, so if i move all my PTS in another wallet after the 32k block i can use with completely peace of mind my old private key and memorycoin

Yes.

But i haven't understood yet very well the features of this alt, and also when the client will released

Not before it is ready! But I'm hoping within a few days.
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