Tests with OneCoin Transactions with accounts of OneLife members (IMAs) have delivered irrefutable proof that none of these transactions are visible in the Blockchain browser, which makes up a significant part of the proof that the OneCoin Blockchain is a Blockchain simulator and that the OneCoins in the OneCoin Account and Coinsafe are NOT a cryptocurrency.
|Transaction type||Summary of findings|
|1. genesis Block #0 – Version 2||a. According to Ruja Ignatova 1,986,580,000 Onecoins were “mined” within one minute during the OneLife event in Bangkok on 1 October 2016. The Blockchain browser shows that the complete output went to one Input Address (see screenshot below). As these OneCoins are supposed to belong to about 2.5 million paid accounts which existed at that time according to OneLife News (i.e. about 2.5 million separate e-wallets of OneLife members), this is conclusive evidence that “genesis Block #0” including its Transaction is fake.
b. The Transaction History of the Onecoin Account which we used for this analysis shows two Blockchain migration related Transactions with timestamps of 1 and 2 minutes after midnight on 1 October 2016 GMT/UTC. The “mining” of the genesis Block happened 9.5 hours later. This is conclusive proof that this “revelation” during the Mastermind Event in Bangkok was one big show.
|2. Mining – submitting Promotional Tokens||Tokens were submitted for mining on the Cryptocurrency > MINING page (login required), ten times in a row within 2.5 minutes. Ten transactions are still visible on our OneCoin Accounts screen. The “mined coins” are also visible on the > CryptoCurrency > MINING page.
For none of the “mined” OneCoins a Transaction is visible on the Blockchain screens.
See OneCoin Blockchain test 1 – Mining for a detailed description of this test.
|3. Mining when Blockchain is Under Maintenance||The experiment with “mining” by submitting Tokens was repeated on 1 February 2017 when we found that the Blockchain viewer/explorer, which pretends to show the real-time creation of Blocks and Transactions, was out of order for maintenance. Nevertheless it turned out to be possible to “mine” OneCoins by submitting Tokens. Four transactions were initiated, all four transactions are still visible on our Tokens Account screen and OneCoin Account screen.
However, for none of these four OneCoin transactions a corresponding transaction is visible on the BLOCKCHAIN and TRANSACTION browser screens.
NB: the timestamps of the subsequent Blocks (Block #171066, the last one created before this test and Block #171067, the first one created after this test) show a gap of 26 hours and 23 minutes (see screenhots below). This was the strongest evidence that the OneCoin Transactions in the Blockchain browser (i.e. the Blockchain Simulator) have no connection whatsoever with the OneCoin Transactions in the OneCoin Account of IMAs.
See OneCoin Blockchain test 3 – Mining when “Blockchain” is Under Maintenance for a detailed description of this test.
|4. Automatic Onecoin buy orders (“mining”)||This automated process first bought Tokens with the money (EUR / euros) in the Trading Account and then submitted these Tokens for “mining”. The OneCoin transactions are still visible on our OneCoin Account screen, but on the Blockchain screens no corresponding Transaction is visible.|
|5. Transfer of Onecoins to downline IMA||From the Onecoin Account of an Upline IMA (Independent Marketing Associate) Onecoins were sent to a Downline IMA, four times in a row. Four Transactions were executed, with 1, 2, 3 and 4 Onecoins respectively. The OneCoin transctions are still visible on the OneCoin Account screen of both IMAs.
However, these transfers of Onecoins to a downline IMA are NOT visible on the BLOCKCHAIN browser screens.
See OneCoin Blockchain test 2 – Transfer to other member account for a detailed description of this test.
|6. Transfer of Onecoins to Xcoinx Exchange||On the Xcoinx.com exchange website, Onecoins were transferred from the OneLife Account to the Xcoinx Account, 10 times in a row. OneCoins Transactions are still visible on our OneCoin Account screen.
However, transfers of Onecoins from the OneLife account to the Xcoinx account are NOT visible on the Blockchain screens.
NB: Because xcoinx.com is closed to prepare for the IPO (Initial Public Offering) planned in 2018 Q2, this procedure is not reproducible anymore.
|7. Buy/Sell orders via Xcoinx Exchange||A number of Buy/Sell orders executed via the Xcoinx Exchange were investigated. None of these transactions is visible on the BLOCKCHAIN browser screens in the onelife.eu back-office.
NB: Because in January 2017 xcoinx.com was closed to prepare for the IPO (Initial Public Offering) that according to Ruja Ignatova was planned in the second quarter of 2018, this test is not reproducible anymore (Note: this IPO never happened).
|8. Converting OneCoins into Options for Future Certificates (OFCs)||From the Coinsafe Account four Convert OFC’s transactions were executed. All conversions were immediately visible in the Transaction History of the CoinSafe Account as well as on the Dashboard on OneCoinOFC.com.
However, for none of these four OneCoin transactions a corresponding transaction in the Blockchain browser is present.
|9. Buying products on the Dealshaker platform||On the Dealshaker.com platform we bought products, four times in a row. Four OneCoin transactions are still visible on our Coinsafe Account screen as well as on our OneCoin Account screen.
However, for none of these OneCoin transactions a corresponding transaction in the Blockchain browser is present.
See OneCoin Blockchain test 4 – Purchase on Dealshaker.com” is Under Maintenance for a detailed description of this test.
Sub 1 – screenshot of genesis Block – Block height #0 (login required)
Note the Date/Timestamp 01/10/2016 09:31:13 GMT/UTC 9.5 after the first two transaction were registered in the OneCoin Account (see screenshot below)
Sub 1 – screenshot of Transaction in genesis Block – Block height #0 (login required)
Sub 1 – screenshot of first two OneCoin transactions in OneCoin Account on 1 October 2016
This is the old screen layout which shows dates and timestamps, the new layout shows dates only. Note the Date/Timestamps 01/10/2016 00:00:01 and 00:00:02 GMT/UTC.
This is hard proof that these transactions were registered in the OneCoin Account in the “green area” (left side of diagram under menu option Blockchain Simulator). This OneCoin Account, including its transactions, is unrelated to the Blockchain Simulator in the “red area” which was launched 9.5 hours later during the OneLife MasterMind Event in Bangkok.
Remark: those who want to accuse us of falsifying the Date/Timestamps in the screenshot above, first check these YouTube videos uploaded by OneLife members: YouTube link 1 – YouTube video 2 (same video, poor quality).