Blockchain reset procedure

Sunday, September 16, 2018 12:09 PM

Hello! Could you please explain how the blockchain was "reset" with the recent progpow fork?

In the first block I see 18510400 BCI (~$27,000,000) sent to address iJ2Zc6ufDupG264RpEytj7AnVNyNdhU6ou:

https://explorer.bitcoininterest.io/block/00000005a1c53f0da5a1da1e7...e133a87959

It is then broken up and sent to other addresses in later blocks.

How was this done and how can one verify each address received the correct balance?

Thanks!

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Monday, September 17, 2018 11:44 PM

Basically we took every address from previous chain, around 28 million and their balances. We then mined that amount and then sent it out too all the addresses essentially resetting the chain, but keeping both addresses and their balances, just not 10 years of unneeded transactions.

It was done by literally creating a TX for each addresses and populating it into the first blocks.

You can validate by downloading old chain, or if you still have and you can setup an explorer if you want to see addresses as they did not change. But this was a process we did and we did just this and validated all addresses received what they had on old chain that they have it on new chain too.

All addresses passed unit test with the exception of the stolen 51% coins. Those addresses were not credited.

Thanks,

Aaron

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