One of the most amazing aspects of Bitcoin is its pseudoanonymity. While many choose to focus on the anonymity that can provide and the resulting criminal activity, organizations that reveal all of their public keys on the blockchain can be made fully auditable by the public, and unable to get away with improperly using or reporting funds. CoinFest will always base its accounting in a cryptocurrency lacking enhanced privacy features (such as Bitcoin), and will never use “mixers” or similar services. Whenever possible, the source or destination of all transactions and the reasons for them will be recorded.

As part of the path towards full decentralization, coinfest.org keeps its bitcoins (both BTC and BCH) in a multisignature address, which means that no one person can wield total financial control. There are currently 6 signatories from around the world, 3 of whom are required to issue funds to come as close to consensus as practical. Future signatures will be given to those deemed to have the best interest of decentralization and CoinFest in mind, and the process will eventually be decentralized and automated with the DAO.

Donations made via some services are not always detectable as such; in that case—or if the donor prefers not to take credit—the donor will be listed as anonymous. If you’d like to take credit for your generosity, please let us know who you are and what made you decide to contribute. Any bitcoins left over after expenses will be redistributed to CoinFest organizers around the world for charitable use during CoinFest in their regions. All Bitcoin donations should be sent to 37QyPucScEXwuCvd1xCq2xZDeN6dBSfmzG.

NOTICE: the Bitcoin blockchain has forked due to fundamental and irreconcilable disagreement over the protocol. This resulted in the creation of a new cryptocurrency called Bitcoin Cash, which CoinFest now holds an amount of equal to its BTC holdings when the fork occurred. New donations have been received on both branches of the Bitcoin blockchain since its divergence, and these are now accounted for separately. CoinFest is looking into the best way to separate the funds and create a multisignature Bitcoin Cash wallet.

• 37QyPucScEXwuCvd1xCq2xZDeN6dBSfmzG: + 0.004209 BTC
• 3MAEkxE3fJzkwz3sfPaoH8xxTrmdSvjF6k: + 0.055717 BTC
• 3C1iMQ6NaMpGYGJNKiW2pSm439hGnDJdXN: + 0.001917 BTC
• 3FGh8cwaLTfUAykKrtFbRfsTqtYXdySmVZ: + 0.000862 BTC
• 35mK8VivP8DT6Cm6kmLgj2vAaNEUTBk8UY: + 0.688206 BTC

Total balance: 0.750914 BTC

• 3MAEkxE3fJzkwz3sfPaoH8xxTrmdSvjF6k: + 0.798880 BCH
• 3C1iMQ6NaMpGYGJNKiW2pSm439hGnDJdXN: + 1.113217 BCH

Total balance: 1.912098 BCH

• 0xf187eb84734e69a624648bbd550aa79f1c076872: + 4.04 ETH

Total balance: 4.04 ETH

***ETHEREUM ADDED***

***BITCOIN CASH FORK***