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.

 

Total balance: 1.74849301 BTC

Total balance: 1.91209832 BCH

Cryptocurrency

Transaction ID

Source/Destination

Reason

Bitcoin

aononymous donor ->

Supporting Tim Tayshun’s legal battle against OneCoin

Bitcoin

aononymous donor ->

Supporting Tim Tayshun’s legal battle against OneCoin

Bitcoin

aononymous donor ->

Supporting Tim Tayshun’s legal battle against OneCoin

Bitcoin

aononymous donor ->

Supporting Tim Tayshun’s legal battle against OneCoin

Bitcoin

aononymous donor ->

Supporting Tim Tayshun’s legal battle against OneCoin

Bitcoin

aononymous donor ->

Supporting Tim Tayshun’s legal battle against OneCoin

Bitcoin

aononymous donor ->

Supporting Tim Tayshun’s legal battle against OneCoin

Bitcoin Cash

aononymous donor ->

Supporting Tim Tayshun’s legal battle against OneCoin

Bitcoin

aononymous donor ->

Supporting Tim Tayshun’s legal battle against OneCoin

***BITCOIN FORK***

Bitcoin

CoinFest

Transferring funds from old to new wallet

Bitcoin

Andrew Wagner ->

Test transaction

Bitcoin

CoinFest Vancouver ->

Test transaction

Bitcoin

Tim Tayshun ->

Leftovers from CoinFest Orange County and the Wheel of Bitcoin

Bitcoin

He’s a long-time fan and volunteer

Bitcoin

Tim Tayshun <-

Grant funding for the Wheel of Bitcoin and CoinFest Orange County 2017

Bitcoin

Grant funding for CoinFest Botswana 2017

Bitcoin

Grant funding for CoinFest Nigeria 2017

Bitcoin

Grant funding for CoinFest Amsterdam 2017

Bitcoin

CoinFest Vancouver <-

Grant funding for CoinFest Vancouver 2017

Bitcoin

Andrew Wagner <-

Refunding expenses covered due to CoinKite shutdown

Bitcoin

CoinFest

CoinKite closed; funding moved to emergency Copay wallet

Bitcoin

Sponsorship funding

Bitcoin

Anari Sengbe <-

Funding for Grabbit prizes

Bitcoin

CoinFest

Wallet upgraded to 10-of-15 multisignature address with new signatories

Bitcoin

CoinFest ->

Fixed transparency system, returned anonymized donations to primary address

Bitcoin

Keirnan Wright <-

Funding required to ship donated Skyhook BTM from Taurus to Botswana

Bitcoin

Anthony Tsui ->

Our generous friend loves CoinFest

Bitcoin

CoinFest

Wallet upgraded to 4-of-5 multisignature address

Bitcoin

Andrew Wagner ->

Supporting the cause

Bitcoin

Andrew Wagner & Bitcoin Co-op ->

Fixed accounting and upgraded wallet system, replenished BTC lost due to change addresses

Bitcoin

Andrew Wagner & Bitcoin Co-op <-

Failed attempt by Andrew to donate to CoinFest

Bitcoin

Andrew Wagner ->

Repayment for XBT Jackpot credits lost to gambling