Monday, 9 January 2017

Analysis of OneCoin blockchain - Part 6: Buy/Sell orders via Xcoinx Exchange

Summary of Conclusions
  1. Dr Ruja Ignatova lied when she said that all transactions that are done by OneCoin members are visible in the Blockchain and can be traced from member to member.
  2. None of the orders executed via the Xcoinx Exchange we investigated is visible in the Blockchain explorer in the onelife.eu back-office.
  3. This is conclusive proof that the Blockchain is incomplete (if there is a real Blockchain at all). An incomplete blockchain is useless by definition.

NB: the meaning and consistency of the Blockchain and Transaction data which are visible, will be the subject of a separate investigation.

A. Objective and Procedure
DISCLAIMER: the authors of this article have tried to execute an objective investigation. None of the data have been manipulated.

The complete procedure is step by step reproducible by anybody with a OneLife account.

The aim of this analysis is as follows:
  1. Check if Transactions for Buy and Sell orders, which are executed via the Xcoinx exchange on www.xcoinx.com, are visible in  the "Blockchain", which is visible on the www.onelife.eu backend web.
  2. Check the consistency of these data with information presented by the OneCoin company on the www.onecoin.eu website.
  3. Check the consistency of these data with information provided by self-proclaimed cryptocurrency expert and OneCoin Founder and Visionary Dr Ruja Ignatova.
A.1. Information supplied by the OneCoin company
During an interview with Pehr Karlsson and Udo Deppisch, Ruja Ignatova gave the following answer to the question "What is the blockchain?" (Source: YouTube: Exclusive interview with Dr. Ruja Ignatova, PART I, May 2016)
  • Pehr Karlsson: What is the blockchain?
  • Ruja Ignatova: Well in the blockchain, Pehr, it is something that makes cryptocurrency very very transparent and a bit more tangible. So what you can see in the blockchain is all the transactions that are done by OneCoin members. So if somebody trades a coin, if somebody transfers a coin to another one, you see this transaction in the blockchain and all transactions are in this blockchain. So it's like a ledger where we record all transactions.
  • PK: So it means we can trace every transaction, from me to you, to him?
  • RI: Exactly, exactly. And the second thing that you can check in the blockchain is, every coin mined is recorded in the blockchain. So and this is also what our auditor audits every month, that all transactions that are done are really collected in the blockchain and that all coins mined are really also recorded in the blockchain.

The Blockchain info page contains the following statements with regard to the OneCoin blockchain:
  • OneCoin’s blockchain consists of each transaction ever performed in OneCoin.
  • The blockchain is based on protocols that authenticate, validate and store information in consistent, unbroken sequences that make the system safer by eliminating any attempts of fraud, duplicity and forgery.
The Xcoinx Terms and Conditions (version 10 November 2016) contain this text:
  • The Exchange Service / Transactions
  • When buying or selling cryptocurrencies through the Exchange Service, users are buying from, or selling to each other directly. The Company does not act as an intermediary or marketplace between other buyers and sellers of cryptocurrencies.
A.2. Procedure
We used the following procedure during this analysis:
  1. Because we did not have a OneCoin account with which we could execute Buy or Sell orders ourselves, we searched for Xcoinx exchange screenshots published by IMAs (Independent Marketing Associates) on Facebook, YouTube and other websites. 
  2. Find at least four sources with screenshots of Xcoinx orders with status "EXECUTED" which appear to be reliable (i.e. contain genuine, non- manipulated screenshots).
  3. Check if at least one Transaction with the same Execution date and Amount of Onecoins is visible in the blockchain explorer on https://www.onecoin.eu/en/blockchain.
B. Fact Finding and Analysis
We found four reliable sources on Facebook, YouTube and a blog, which was sufficient for the purpose of this investigation.

The following Observations were made during the analysis:
  1. The majority of Buy or Sell orders expire, i.e. are not executed at all.
  2. None of the orders with status "EXECUTED" we checked, is visible in the Blockchain explorer.
NB: if we would have found any "matching orders" during this investigation (we didn't), we would have published them. This would not change the conclusions however, because an incomplete blockchain is useless by definition.

Source 1 - http://onecoinexchange.blogspot.nl/
The author of this OneCoinExchange Blog has started an interesting experiment by buying a Pro Trader Package with 10,000 "promotional tokens" for EUR 1,100 and testing if it is possible to sell Onecoins via the internal exchange. This OneLife IMA places a Sell order each working day (the Xcoinx exchange is closed during weekends), during the first month for the "Market Price".

The first 13 Sell orders at Market Price expired. On 20 December, after 25 days of trading, the first order was executed. Until the last business day of 2016, Friday 30 december 2016, the results were as follows:

27 orders, of which:
  • 19 expired
  • 4 executed
  • 5 pending

This is a screenshot of the results:

NB: The blog author confirmed that for orders with status "EXECUTED" the "Expires" column in fact shows the Execution Date, and that the status change happens between 10 am and 02 pm GMT.

In the Blockchain explorer we searched for the following transactions:
       Quantity Execution Date
       4 ONE 19/12/2016
       4 ONE 21/12/2016
       4 ONE 28/12/2016
       4 ONE 29/12/2016

None of these Transactions is present in the Blockchain explorer. 

The evidence for this finding is in three files with Blockchain and Transaction data. These files were generated by automating the process of "browsing" through the Blockchain via the "next block(s)" hyperlink with the help of a Firefox plugin, Selenium IDE (see also article Analysis of OneCoin blockchain - Part 5: Automatic Onecoin buy orders (mining) ).

NB: a transaction for 4 OneCoins is recognizable by a " 4.00000000 ONE" string value in the files.

All Transactions with Execution date 19/12/2016 GMT/UTCOnecoin_Blockchain_Hashes_Transactions_110107-111631_19Dec2016_v10.txt
All Transactions with Execution date 21/12/2016 GMT/UTCOnecoin_Blockchain_Hashes_Transactions_112918_114439_21Dec2016_v10.txt
All Transactions with Execution date 28/12/2016 and 29/12/2016 GMT/UTCOnecoin_Blockchain_Hashes_Transactions_122751_125681_28-29Dec2016_v10.txt


Source 2 - IMA Lee Oshea on FaceBook
On 13 December 2016 IMA Lee Oshea posted a screenshot with two Xcoinx orders with status EXECUTED:

In the Blockchain explorer we searched for the following transactions:
      QuantityExecution Date
      43 ONE13/12/2016
      5 ONE19/12/2016

None of these Transactions is present in the Blockchain explorer.

The evidence for this finding is in two files with Blockchain and Transaction data:
All Transactions with Execution date 13/12/2016 GMT/UTCOnecoin_Blockchain_Hashes_Transactions_101684_103206_13Dec2016_v10.txt
All Transactions with Execution date 19/12/2016 GMT/UTC (same file as above):Onecoin_Blockchain_Hashes_Transactions_110107-111631_19Dec2016_v10.txt


Source 3 - IMA Volker Helm on FaceBook 
On 24 November 2016 Volker Helm writes in FaceBook group "OC-Team Deutschand" that Buy and Sell orders work, however with some patience. The screenshot contains three (quite big) orders with status EXECUTED:

In the Blockchain explorer we searched for the following transactions:
      QuantityExecution Date
      178 ONE21/12/2016
      514 ONE25/12/2016
      246 ONE28/12/2016

None of these Transactions is present in the Blockchain explorer.

The evidence for this finding is in three files with Blockchain and Transaction data:
All Transactions with Execution date 21/11/2016 GMT/UTCOnecoin_Blockchain_Hashes_Transactions_070794_072314_21Nov2016_v10.txt
All Transactions with Execution date 25/11/2016 GMT/UTCOnecoin_Blockchain_Hashes_Transactions_076405_077924_25Nov2016_v10.txt
All Transactions with Execution date 28/11/2016Onecoin_Blockchain_Hashes_Transactions_080617_082139_28Nov2016_v10.txt


Source 4 - IMA "TheTimurator" on YouTube
In a video published by TheTimurator on 1 December 2016 a number of executed orders are visible. He uses four different accounts, we show only three of them because the orders on two of the accounts are identical.




In the Blockchain explorer we searched for the following transactions:
      QuantityExecution Date
      5 ONE25/11/2016
      9 ONE25/11/2016
      17 ONE25/11/2016
      5 ONE28/11/2016
      9 ONE28/11/2016
      22 ONE28/11/2016
      6 ONE30/11/2016
      9 ONE30/11/2016

None of these Transactions is present in the Blockchain explorer.

The evidence for this finding is in three files with Blockchain and Transaction data.
All Transactions with Execution date 25/11/2016 GMT/UTC (same file as above)Onecoin_Blockchain_Hashes_Transactions_076405_077924_25Nov2016_v10.txt
All Transactions with Execution date 28/11/2016 GMT/UTC (same file as above)Onecoin_Blockchain_Hashes_Transactions_080617_082139_28Nov2016_v10.txt
All Transactions with Execution date 30/11/2016 GMT/UTCOnecoin_Blockchain_Hashes_Transactions_083426_084949_30Nov2016_v10.txt


Hyperlinks to first Blocks in the files
To facilitate the verification of the data we provided as evidence, this table contains the direct hyperlinks to the Blockchain explorer of the first Block in each file (log in on onelife.eu required).
NB: each file starts with the Blocks and Transactions of the last hour of the previous day.

DateBlock HeightHash / Hyperlink
21 Nov 201670794a44f59b2f1a197b68a0f1f42b8052e96438d6c61571805e250140d6f577bd443
25 Nov 2016764059bec0ec7769cf307bba064dcb8ba8c603a94c525f1936312ab009ce7bde1b10d
28 Nov 2016806178b9ca6db426b0c181878afb7671aa2fbf1ab2b2dc9ba69ef57092abec31c7b80
30 Nov 2016834268795a15ee7f064437b73b341aba70722bf402738c891c80547f35660ec823b6d
13 Dec 2016101684cd7e9464b939861545aa7b0310678c01544538cbd7dbe38e852906d113c09cd5
19 Dec 2016110107e91399e263354c0eaa8382f17de83d66c32bf4516d21b434b72f4f29cd1b7b32
21 Dec 2016112918ab8b1c4dec3ffc99acb4900569c9bde1640512bd9a4d9afab9d349207169e081
28/29 Dec 2016122751d501b20b658050c0bd87887f481079d4619cf26270b9b0d477306d925554fa90

C. Conclusions
  1. Dr Ruja Ignatova lied when she said that all transactions that are done by OneCoin members are visible in the Blockchain and can be traced from member to member.
  2. None of the orders executed via the Xcoinx Exchange we investigated is visible in the Blockchain explorer in the onelife.eu back-office.
  3. This is conclusive proof that the Blockchain is incomplete (if there is a real Blockchain at all). An incomplete blockchain is useless by definition.

NB: the meaning and consistency of the Blockchain and Transaction data which are visible, will be the subject of a separate investigation.

Wednesday, 28 December 2016

Analysis of OneCoin blockchain - Part 5: Automatic Onecoin buy orders (mining)

Summary of Conclusions
  1. The amount of Onecoins in the Onecoin Account Transaction History match exactly with the number of Tokens submitted. Amount of Onecoins = Number of submitted Tokens divided by the Mining Difficulty (value 79 during this investigation).
  2. The Onecoins appear in the Onecoin Account Transaction History. The new Onecoins in the Onecoin Account are the result of a division of the number of Tokens by the Mining Difficulty.
  3. The Mining User Pool data are updated after automatically submitting Tokens for mining.
  4. For the automatically "mined" Onecoins no Transaction is visible in the Blockchain, while the website states that detailed information on each mined block and performed transactions is visible. This is conclusive proof that the Blockchain info is incomplete (if there is a real Blockchain at all).

A. Objective and Procedure
DISCLAIMER: the authors of this article have tried to execute an objective investigation. None of the data have been manipulated, only some personal data on screenshots are hidden.

The complete procedure is step by step reproducible by anybody with a OneLife account with an amount in the Trading Account.

The aim of this analysis is to exchange Euros for Tokens, which subsequently are submitted for "mining" of Onecoins automatically, to check the consistency and completeness of the Transactions and other data which are visible in the Blockchain explorer on the OneLife backend website. The consistency with info presented by the company on the www.onecoin.eu web page was checked also.

Information supplied by the OneCoin company
As stated on the https://www.onecoin.eu/en/blockchain page "The OneCoin Blockchain Consists of Every Transaction Ever Performed in OneCoin".



The Frequently Asked Questions page contains the following info:
  • "At OneCoin, we are able to execute your transactions in a minute thanks to the powerful blockchain – a technological innovation that stores cryptocurrencies. The OneCoin blockchain is based on protocols that authenticate, validate and store information in consistent, unbroken sequences."
This info on the Cryptocurrency page is also relevant:
  • "OneCoin is not a pre-mined cryptocurrency, meaning that the OneCoin miners create the market. By mining the coin, transactions are added and recorded to the OneCoin ledger, comprised of all past transactions. The ledger resembles a chain of blocks, which confirm that a certain number of transactions have been made.".

The "miners" are the OneLife Independent Marketing Associates or IMAs. According to the OneLife Terms and Conditions they get promotional tokens with the educational packages they buy. "The promotional tokens generated give access to the mining pools but not guarantee that and how many coins will be received. The total number of coins mined can be subject to change according to the Company’s strategy.".

The Trading Accounts contains this text related to the automatic buying/mining process:
  • "INFORMATION: 40% of your bonus payments will be paid to your trading account. The cash here is used to buy promotional tokens, OneCoins and CoinVegas credits. You have 7 days to make the purchase, or the system automatically carries out a buy order for you."

Finally there is a relevant text underneath the animated GIF on the Blockchain page, especially the sentence in bold:
  • "IMPORTANT: The above graphics is used for pure visual purposes and should not be perceived as a real representation of the blockchain system. The blockchain is based on a pre-programmed mathematical algorithm which allows for finite amount of solutions to occur - also called mining. You can see detailed information on each mined block and performed transactions in the tables above."


Procedure
We used the following procedure during this analysis:
  1. Check on the Trading Account how many Tokens are bought and at which Euro rate.
  2. Check on the Tokens Account whether the Tokens are submitted for mining, on which date and which Difficulty was applicable.
  3. Check on the Onecoin Account how many Onecoins are mined, on which Mining Date and which Difficulty was applicable.
  4. Check on the Cryptocurrency Blockchain pageswhich transactions are executed on the Mining Date determined in Step 4. Use an automated tool to save all Blockchain and Transaction data of that date in a file.
  5. Check if there is a Transaction with a Transaction Amount equal to the Amount determined in Step 3.
  6. Check on the Mining page if the "your pools" and "coins mined" data are complete and consistent with the other visible data.

B. Fact Finding and Analysis
On Wednesday 28 December 2016 we checked the Transactions in the Trading, Tokens and Onecoin Account and Blockchain and Transaction data.

The following Observations were made:
  1. Trading Account: On 26 December 2016 a Downline bonus with a value of EUR 70.40 was exchanged for 709.4239 Tokens.
  2. Tokens Account: On 26 December 2016 the 709.4239 Tokens were submitted for mining at a Difficulty rate of 79.
  3. Onecoin Account: On 26 December 2016 the 709.4239 Tokens were used to "mine" 8.98004937 Onecoins at a Difficulty rate of 79.
  4. Mining pool data were updated with a new "Pool ID" and mined Onecoins.
  5. The buy Transaction of 8.98004937 Onecoins is not present in the Blockchain and Transaction data of 26 December 2016.
Sub 1 - Trading Account: exchange of Euros for Tokens

Sub 2 - Tokens Account: Tokens submitted for "mining"

Sub 3 - Onecoin Account: Onecoins bought at Difficulty rate 79:

Sub 4a - Cryptocurrency Mining page:
The line within the yellow rectangular was added on 26 December 2016.
NB: These data are visible via hyperlink: https://www.onelife.eu/backend/cryptocurrency/mining

Sub 4 b- User pool data in JSON format
Hyperlink:
https://www.onelife.eu/backend/cryptocurrency/mining/get-pools

The "new" data underlined in yellow were generated during the automatic buying and mining process.

Data in JSON format, "new" data in bold:
{"pools":[{"name":"7dfa17c882bc08d425396e79ce961818","totalCoins":"0.01428571"},{"name":"387b40ebd309364e2bc0a4a090bfd421","totalCoins":"0.02857143"},{"name":"508d88357a48f70ca32eb8207add3cc4","totalCoins":"0.04285714"},{"name":"72f5bd083b0f424491127a7d3b7a70d2","totalCoins":"0.05714286"},{"name":"93cbcfce834ab6284312da3c2963d0e4","totalCoins":"0.07142857"},{"name":"8fd0858434e486e9308b79d3b7af3129","totalCoins":"0.08571429"},{"name":"f9106715b2e240485b7198250e384691","totalCoins":"0.10000000"},{"name":"3340089d2291af4691e5ac67b165d4ef","totalCoins":"0.10000000"},{"name":"8e33b2f75c269abd99beca99978c9807","totalCoins":"0.01428571"},{"name":"65102e548a0bbeddbb0bf50e28fa4c39","totalCoins":"0.04285713"},{"name":"80c3d1ad01ad7e2cb1892da38fa9acb6","totalCoins":"0.12857143"},{"name":"c0e2ec17943be5fc5692857c51a69d73","totalCoins":"0.07142855"},{"name":"9d3509884394773c25bcb0f5d76c545e","totalCoins":"0.01265823"},{"name":"fa353cde35c1e6ded3d2c79c7106b7d7","totalCoins":"8.98004937"}],"share":"9.74985042","mining":false}

Sub 5 - Blockchain and Transaction data
We show an example of the data we checked. These data are visible in the "Blockchain explorer" in the onelife.eu backend website via hyperlink https://www.onelife.eu/backend/cryptocurrency/blockchain/.

NB: the colors match with the colors in a screenshot of a automated Selenium test script we explain later.

Because it is virtually impossible to prove that something has not been visible, just by showing screenshots, we saved and uploaded this file as proof of Observation 5:
https://drive.google.com/open?id=0B5lx-9Dt9hQhOWN1X3FpTG1jT00

This file was generated by automating the process of "browsing" through the Blockchain via the "next block" hyperlink with the help of a Firefox plugin, Selenium IDE.

Screenshot of Selenium IDE test script - "Blockchain_NextBlock"
This is a screenshot of the replay of some test Commands to illustrate the concept of the working of the test script. The script "clicks" on the "next block(s)" hyperlink, identified by a so-called "xpath" in the HTML code, waits until the screen appears, stores a number of data items which are presented on the screen, displays these data in the panel underneath (by the "echo" command), and then repeats the same Command.


NB 1: The file "05-AutoMining-Onecoin_Blockchain_Hashes_Transactions_119918_121495_20161226_v10.txt" was made by copying the contents of the "Log" panel to a text file and subsequently deleting all irrelevant lines.

NB 2: With this test script it was not possible to distinguish Transaction Output data (i.e. Transaction Hashes and Amounts) from Transaction Input data, but the file was perfectly usable for the purpose of this investigation by searching on string "8.98004937" i.e. the number of "mined Onecoins".

NB 3: The file contains all data with timestamps "25/12/2016 22:30:06" until "27/12/2016 01:30:14" GMT/UTC. The file is in plain text format and can be opened with each text editor.

Example of data in the file
See line 89 in the file. This line contains all data of Block #120006". The bold data are underlined in the screenshots above:

       120006;d856a1bd4a2f89d2cc6632e0a4d2213117b11f1a750a8559667a349656df7a1c;26/12/2016 00:00:11;4;147 837.75247144 ONE;Transactions TXID: 4f726a7e455d247c6ec14157696f2ec3eae11094aced5c40f34269e4dab513a1 9XkYqgfLRJ3o8Hn2Yc2KXnf6uyCc8NGrUE 50 000.00000000 ONE TXID: 24c17af1014c6b652592ce6a47cc1944bb19202a89a5d8d19a5ca56910079d15 9m5cxvp5ZaXSmwRWN3vTs5C8qXNHhXkdk7 24 310.13149859 ONE 9dfGBHmWoVn2xvCM9CC6E5NKb8HT271gce 14 889.36624103 ONE 9mRu5sPaQVYuQgo3b11E1RfiQTN19Vm2Lf 9 420.76525756 ONE TXID: 4facbd8b3b2d1dd7d20e9a19f29369dc6641997a3be41d5f71434b9a708479fd 9nK3BkMWtASYisQSLNN7TYisoojXmiRRgr 24 198.79501429 ONE 9odFZRNveX1s1AhT6vEPcP5XqBryQXTZbX 10 110.63375897 ONE 9r4uAQcwJCakHep898PzHdUGhwhk875Wft 14 088.16125532 ONE TXID: 7cf5e7232421a52b1e58e59421fddc3a5ad7c12c2ee44b29b292e85ee32e18fe 9gVCXKmUcZYTbMrwhxqxTD5UMwxBWNqWMr 24 665.07423570 ONE 9kyuhX2zAUv6uHsf5hYnZthGm4eYeLkREo 24 663.75172286 ONE 9odFZRNveX1s1AhT6vEPcP5XqBryQXTZbX 25 000.00000000 ONE 9YYdfdf4dNjdcJ9SdV6M7tu8NvScEz19AP 24 328.82595856 ONE

C. Conclusions
  1. The amount of Onecoins in the Onecoin Account Transaction History match exactly with the number of Tokens submitted. Amount of Onecoins = Number of submitted Tokens divided by the Mining Difficulty (value 79 during this investigation).
  2. The Onecoins appear in the Onecoin Account Transaction History. The new Onecoins in the Onecoin Account are the result of a division of the number of Tokens by the Mining Difficulty.
  3. The Mining User Pool data are updated after automatically submitting Tokens for mining.
  4. For the automatically "mined" Onecoins no Transaction is visible in the Blockchain, while the website states that detailed information on each mined block and performed transactions is visible. This is conclusive proof that the Blockchain info is incomplete (if there is a real Blockchain at all).
NB: the meaning and consistency of the Blockchain and Transaction data which are visible, will be the subject of a separate investigation.

Wednesday, 14 December 2016

Analysis of OneCoin blockchain - Part 4: "genesis block #0" - Version 2

Summary of Conclusions
  1. According to Dr Ruja Ignatova 1,986,580,000.00000000 Onecoins were "mined" within one minute and the Blockchain explorer shows that the complete output went to one Output Address. As these Onecoins are supposed to belong to thousands of OneLife members (while many of them have more than one Account), this is conclusive evidence that "genesis Block #0" including its Transaction is fake.
  2. The Onecoin Account - Transaction History of the account we used for this analysis shows two blockchain migration related Transactions with timestamps of one and two 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.
  3. In a centralized blockchain system, like the Onecoin blockchain, confirmations of Transactions are meaningless by definition. This is conclusive proof that the "Confirmations" of Onecoin Transactions are fake.
  4. According to info on the Blockchain info page "OneCoin’s blockchain consists of each transaction ever performed in OneCoin". The first 16,040 Blocks after the genesis Block #0 had only one Transaction for 50,000 new mined coins with only one Output Address. However this "block reward" should be divided among all members who have submitted Tokens for mining via the "mining pools". In other words, in order for these Transactions to be valid, a separate Output Address is required for each member in the pool. This is conclusive proof that these Transactions and the Blockchain are incomplete. An incomplete Blockchain is useless, by definition.
  5. Despite the statement on the Blockchain info page that "the OneCoin blockchain does not resemble a public ledger like the blockchain of decentralized cryptocurrencies", the developers put a lot of effort in mimicing the Bitcoin Blockchain explorer on www.blockchain.infoAll items in the onelife.eu blockchain explorer are also present in the blockchain.info explorer.
  6. Without a valid genesis block, there can not be a valid Blockchain, by definition. Everything else recorded in the "Blockchain" is worthless and unusable.

A. Objective and Procedure
DISCLAIMER: the authors of this article have tried to execute an objective investigation. None of the data have been manipulated, only some personal data on screenshots are hidden. Some large screenshots have been compiled to make them more compact, but without changing data.

The complete procedure is step by step reproducible by anybody with a OneLife account, including a free Rookie account.

The aim of this analysis is as follows:
  1. Check the meaning, credibility and consistency of the data of the so-called "genesis block" and related Transactions, which are visible on the web pages on the www.onelife.eu backend.
  2. Check the consistency of these data with info presented by the OneCoin company on the www.onecoin.eu website.
  3. Check the consistency of these data and info with statements made by (self-proclaimed) OneCoin cryptocurrency expert and visionary Dr Ruja Ignatova.
A.1. Information supplied by the OneCoin company
The www.onecoin.eu Home page contains the following statements:
  • Easy & Safe: OneCoin is the first cryptocurrency that is easy to mine, trade and use. No complicated hardware or advanced knowledge is needed. The centralized model protects its members' safety and ensures compliance on AML. OneCoin is the first cryptocurrency that audits its block chain.
  • Powerful Blockchain: All transactions and mined coins are recorded on the OneCoin blockchain.



The Blockchain info page contains the following statements with regard to the OneCoin blockchain:
  • OneCoin’s blockchain consists of each transaction ever performed in OneCoin.
  • The blockchain is based on protocols that authenticate, validate and store information in consistent, unbroken sequences that make the system safer by eliminating any attempts of fraud, duplicity and forgery.
  • Because of its centralized system, the OneCoin blockchain does not resemble a public ledger like the blockchain of decentralized cryptocurrencies.
The Cryptocurrency info page contains the following statements with regard to the OneCoin blockchain:

  • OneCoin is not a pre-mined cryptocurrency, meaning that the OneCoin miners create the market. By mining the coin, transactions are added and recorded to the OneCoin ledger, comprised of all past transactions. The ledger resembles a chain of blocks, which confirm that a certain number of transactions have been made.



A.2. Procedure
We used the following procedure during this analysis:
  1. Log in on an existing OneLife Account which contained a number of Onecoins in the Onecoin Account before 1 October 2016, the day of the launch of the new Blockchain Version 2.
  2. Check the transactions in the Onecoin Account - Transaction History which are related to the "switch" from Version 1 to Version 2 of the Blockchain and the doubling of Onecoins during the "mining" of the genesis block on 1 October 2016.
  3. Go through the Cryptocurrency/Blockchain page in the www.onelife.eu backend to the page with the detail data of a specific Block. Via the "PREVIOUS BLOCK" hyperlinks, browse all the way back to the very first Block i.e. Block #0, also called the "genesis Block".
  4. Check if the data of the genesis Block #0 and related Transaction are credible and consistent with: a. Statements by Dr Ruja Ignatova during the Coin Rush and Mastermind Events; b. Info presented by the OneCoin company on the www.onecoin.eu website; c. Detail data of the Onecoin Account - Transaction History.
  5. Browse through the Blockchain explorer to Block #1 and following Blocks to examine if there are any other Blocks and Transactions which refer to the genesis Block.
  6. Compare the Blockchain and Transaction data of the onelife.eu blockchain explorer with the data in the blockchain explorer of a cryptocurrency which has proven its existence.

B. Fact Finding and Analysis

B.1. OneCoin Coin Rush in London, 11 June 2016
The announcement of Blockchain Version 2 aka "the new blockchain" was done by Dr Ruja Ignatova during the OneCoin Coin Rush Event in London on 11 June 2016. The following quotes and timestamps refer to a YouTube video of the event.
  1. "... we will go up to 120 billion coins. Of course we can not do it with our blockchain like today. We need to retire our blockchain and we will launch a new blockchain on the first of October this year." (YouTube 24m55s)
  2. "The new blockchain will be activated on the first of October [...] So on our second anniversary almost we will retire the old blockchain and switch on the new one. [...] Whatever coins you have in your account or in the mining, if you have one thousand coins in your account and one thousand in the mining, what we will do as a company, we will double the coins ... (APPLAUSE AND CHEERING)" (YouTube 27m24s).

Stills of video of the OneCoin Coin Rush Event in London

Dr Ruja Ignatova on stage
Summary of the advantages of the proposed new Blockchain Version 2
B.2. OneLife / OneCoin Mastermind Event in Bangkok, 1 October 2016 The launch of the new blockchain was presented by Dr Ruja Ignatova during the OneLife/OneCoin Mastermind Event in Bangkok on 1 October 2016. The following quotes and timestamps refer to a YouTube video of the event.
  1. "So what we will try to do is, we will try to show you the mining of the first block, live, and they will put this on the screens behind me whenever the clock shows 4:30 ..." (YouTube 20m15s)
  2. "The new blockchain will mine 50,000 coins per minute ..." (YouTube 20m40s)
  3. "So the block is supposed to mine one minute. I see fourteen seconds. This first block is very special guys. It is called the genesis block and all your double coins are mined right now!"(YouTube 21m21s)
  4. "It's a slow one, it's a lot of coins to be mined ... YES, we did it! We mined 1 point 986 580 000 coins guys. All the Ultimate packages and all of you now should have double coins, congratulations! (APPLAUSE AND CHEERING)" (YouTube 22m25s)

NB: The "4:30" timestamp in the first quote refers to local Bangkok time during the event, i.e. 1 October 2016, 4:30 PM or 16:30. We know this for sure, because we watched the livestream during the event.

According to https://www.timeanddate.com/worldclock/thailand/bangkok Bangkok time 1 October 2016, 4:30 PM corresponds to 1 October 2016, 09:30 AM GMT/UTC. We will come back to this later, because all Transaction timestamps in the OneCoin Account - Transaction History refer to GMT/UTC.

Still of video of the OneLife/OneCoin Mastermind Event in Bangkok
Note "GENESIS BLOCK IS MINED" on the video screen.

B.3. Browsing through the OneCoin blockchain explorer to the genesis Block #0
We automated the process of "browsing" through the Blockchain via the "previous block" hyperlink with the help of a Firefox plugin, Selenium IDE.

Screenshot of Selenium IDE test script - "previous block"
This is a screenshot of the replay of some test Commands to illustrate the concept of the working of the test script. The script "clicks" on the "previous block" hyperlink, identified by a so-called "xpath" in the HTML code, waits until the screen appears, and then repeats the same Command until it stops with an error message, because there is no "previous block" hyperlink anymore.



This way we found the address of the very first Block, the genesis Block #0:
https://www.onelife.eu/backend/blockchain/block/9da2f0dd582b38e49bea35b87cded46fe8550d4d259e40c14812d8f404f3954f

NB: This hyperlink is no longer valid because a new version of the onelife.eu backend with a different layout was introduced afterwards; this also changed the structure of a number of hyperlinks.

Screenshot of genesis Block #0 with old layout and old hyperlink

This is the current hyperlink to the genesis Block #0. Note that "cryptocurrency" is added to the old hyperlink.
https://www.onelife.eu/backend/cryptocurrency/blockchain/block/9da2f0dd582b38e49bea35b87cded46fe8550d4d259e40c14812d8f404f3954f

B.4. Browsing through the Onecoin blockchain explorer to Blocks following Block #0
We browsed manually through the Blockchain and found that a large number of consecutive Blocks contained only one Transaction and Output Total equal to 50,000 ONE. To check the number of Blocks with the same characteristics, we automated the process of "browsing" through the Blockchain via the "next block(s)" hyperlink with a Selenium IDE testscript.

Below is a screenshot of the replay of some test Commands to illustrate the concept of the working of the test script. The script "clicks" on the "next block(s)" hyperlink, identified by a so-called "xpath" in the HTML code, and waits until the screen appears.

Then it checks if the value of the Output Total field (identified by another xpath) is equal to "50 000.00000000 ONE". If this is the case, the same two Commands are repeated. As soon as Output Total has a different value, the test script stops with an error message.

The script stopped at Block #16041 (hyperlink: Block #16041 ) with the following error message:
  • [error] Actual value '1 986 630 000.00000000 ONE' did not match '50 000.00000000 ONE'
Screenshot of Selenium IDE test script - "next block(s)"

This means that all Blocks from Block #1 up to and including Block #16040 had one Transaction and an Output Total equal to 50,000 ONE.

According to Dr Ruja Ignatova "The new blockchain will mine 50,000 coins per minute ...", so this would mean that more than 16,000 consecutive Transactions were recorded for mining of "new" Onecoins only.

NB: This is new proof that transactions for the transfer of Onecoins from/to different Onecoin Accounts were not recorded, i.e. not visible. See also Part 2: Transfer of Onecoins to downline IMA of this series of articles.

B.5. During the analysis the following Observations were made:
  1. The complete "Output" of the 1,986,580,000.00000000 mined Onecoins of the only Transaction in genesis Block #0 was sent to one Output address with ID "9UHVMKSB8xdgzjY5X82gC5An4NiupfiUE5". If there would have been a real blockchain, the creation of the genesis block could have been "pre-programmed", but then the number of output addresses must be equal to the number of Accounts with Onecoins.
  2. The timestamp of genesis Block #0 shown on the screen is "01/10/2016 09:31:13" GMT/UTC, i.e. 1 October 2016, 09:31:13 AM GMT/UTC. The Onecoin Account - Transaction History contains two Transactions related to the blockchain migration and coin doubling with timestamps "01-10-2016 00:00:01" and "01-10-2016 00:00:02" i.e. 9.5 hours earlier, immediately after midnight 1 October 2016. In other words, there is a mismatch of 9.5 hours between the two timestamps.
  3. The first 16,040 Blocks after the genesis Block #0 don't have any Transactions which are related to Output address "9UHVMKSB8xdgzjY5X82gC5An4NiupfiUE5". These Blocks all have only one Transaction with 50,000 new mined Onecoins, so they don't have an Input Address, only an Output Address.
  4. Block #16041 is the first block with more than one Transaction (i.e. two Transactions). It is very remarkable that the Input Address of one of these Transactions ("9UHVMKSB8xdgzjY5X82gC5An4NiupfiUE5") is identical to the (only) Output Address of the genesis Block #0 Transaction (the Address which received almost 2 billion Onecoins). The output goes to two Addresses, the first one receives 1 million Onecoin.
  5. Block #16042 is also very remarkable: 20 Input Addresses with 50,000 Onecoin and 1 Output Address which receives 1 million Onecoin. NB: 50,000 is supposed to be the "reward" which should be divided between the OneLife members who put Tokens into mining and are part of the same "mining pool".
  6. Despite the statement on the Blockchain info page, that the Onecoin blockchain is a "centralized system", each Transaction detail page shows a number of "Confirmations". This number is identical to the Number of Blocks mined since the genesis Block and increases by one every minute. Note: on 12 December 2016 the Transaction in the genesis Block had already more than 100,000 Confirmations.
  7. Despite the statement that "the Onecoin blockchain does not resemble a public ledger like the blockchain of decentralized cryptocurrencies", there are more similarities than differences between the blockchain explorer in the onelife.eu backend and the Bitcoin explorer on www.blockchain.info.
  8. On 25 November 2016 the "Difficulty" of the conversion of Tokens into Onecoins was increased from 70 to 79. However, for all Blocks mined before 25 November 2016 a Difficulty of 79 was shown in the "old layout" of the Block SUMMARY data. See also "Screenshot of genesis Block #0 with old layout" in paragraph B.3. NB: in the new layout the Difficulty is not visible anymore.
  9. A relevant finding we discovered during our analysis of the Blockchain and Transaction data which are visible, is that the NUMBER OF TRANSACTIONS shown on the BLOCKCHAIN page is consistent with the number of transactions of which detail data are visible on the BLOCKCHAIN and MINING pages (except for some inexplicably missing transactions of 50,000 ONE). In other words, these pages pretend to show all Transaction data (not just a random selection or only specific Transaction types). A separate article will be dedicated to the analysis of these data.
Sub 1 - genesis Block #0
https://www.onelife.eu/backend/cryptocurrency/blockchain/block/9da2f0dd582b38e49bea35b87cded46fe8550d4d259e40c14812d8f404f3954f
Output address = 9UHVMKSB8xdgzjY5X82gC5An4NiupfiUE5

Sub 2 - Onecoin Account with two Transactions related to the blockchain migration and coin doubling.
NB: old layout including exact timestamps in hours:minutes:seconds (00:00:01, 00:00:02).

Sub 2 - Onecoin Account with two Transactions related to the blockchain migration and coin doubling.
NB: new layout without timestamps, i.e. only Dates.


Sub 3 - Block #1
Note: 1 Transaction, Output total = 50,000.00000000 ONE.
https://www.onelife.eu/backend/cryptocurrency/blockchain/block/9f3d8de19657a0861bef9987010b71f8e3d324f9be9f488bbdc8f7a6b75b3f6c

Sub 3 - Block #2
Note: 1 Transaction, Output total = 50,000.00000000 ONE.
https://www.onelife.eu/backend/cryptocurrency/blockchain/block/08743cd04196db241237083ea59a243853cc12e8612421ca1fe2607ce01084fb

Sub 5 - Block #16041 - first Block with more than 1 Transaction
Hyperlink: https://www.onelife.eu/backend/cryptocurrency/blockchain/block/62cd09efd9d0711e31eb3f5d2fd39e68169e388c8108447d9341c2d519f4f42c

Sub 5 - Block #16042
Remark: 20 Input Addresses with 50,000 ONE.
Hyperlink: https://www.onelife.eu/backend/cryptocurrency/blockchain/block/2ec63c3e4ceec3675efbb29422c8752799c90f73964a0494d7d7d12912d84eae

Sub 6 - Transaction of genesis block - Confirmations
https://www.onelife.eu/backend/cryptocurrency/blockchain/tx/f6346514762d370a8771d2426d36e3fee50c25986ad10170eb5fa4589c72d1c1


Sub 6 - BLOCKCHAIN page with highest "Height" (= Block number) at that moment
This screen was examined at the same time as the Transaction of the genesis Block (see screenshot above). The "Height" in the yellow rectangular in paragraph LATEST BLOCKS is the number of the last (most recently mined) Block, one less than the number of Confirmations of the genesis Block Transaction at that moment.


Sub 7 - Bitcoin Blockchain explorer on www.blockchain.info - genesis block
https://blockchain.info/block-index/14849/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f
Note: almost all items on this screen are also present in the onelife.eu Blockchain explorer.

C. Conclusions
  1. According to Dr Ruja Ignatova 1,986,580,000.00000000 Onecoins were "mined" within one minute and the Blockchain explorer shows that the complete output went to one Output Address. As these Onecoins are supposed to belong to thousands of OneLife members (while many of them have more than one Account), this is conclusive evidence that "genesis Block #0" including its Transaction is fake.
  2. The Onecoin Account - Transaction History of the account we used for this analysis shows two blockchain migration related Transactions with timestamps of one and two 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.
  3. In a centralized blockchain system, like the Onecoin blockchain, confirmations of Transactions are meaningless by definition. This is conclusive proof that the "Confirmations" of Onecoin Transactions are fake.
  4. According to info on the Blockchain info page "OneCoin’s blockchain consists of each transaction ever performed in OneCoin". The first 16,040 Blocks after the genesis Block #0 had only one Transaction for 50,000 new mined coins with only one Output Address. However this "block reward" should be divided among all members who have submitted Tokens for mining via the "mining pools". In other words, in order for these Transactions to be valid, a separate Output Address is required for each member in the pool. This is conclusive proof that these Transactions and the Blockchain are incomplete. An incomplete Blockchain is useless, by definition.
  5. Despite the statement on the Blockchain info page that "the OneCoin blockchain does not resemble a public ledger like the blockchain of decentralized cryptocurrencies", the developers put a lot of effort in mimicing the Bitcoin Blockchain explorer on www.blockchain.info. All items in the onelife.eu blockchain explorer are also present in the blockchain.info explorer.
  6. Without a valid genesis block, there can not be a valid Blockchain, by definition. Everything else recorded in the "Blockchain" is worthless and unusable.
D. Remark A reader of this blog pointed to the possibility that there could be a valid and complete blockchain, but the web pages would not be showing all of its data (or none of it). Theoretically this is possible indeed, but this wouldn't make sense at all and there is no proof whatsoever which supports this hypothesis. This is why we add this Remark only once.

Sunday, 4 December 2016

Analysis of OneCoin blockchain - Part 3: Transfer of Onecoins to Xcoinx Exchange

Summary of Conclusions
  1. Transfers of Onecoins from the Onecoin account in the OneLife backend to the Onecoin Account on the Xcoinx platform are possible. The transfers are registered immediately and are visible in the Transaction History of both Onecoin Accounts.
  2. There is an inexplicable difference between the statuses of the Transactions in both accounts. Transactions in the OneLife account initially have status "pending" and get status "approved" after a few minutes. Transactions in the Xcoinx account are confirmed without delay.
  3. For none of the transferred Onecoins a Transaction is visible on the Blockchain screens, while the website states that detailed information on each mined block and performed transactions is visible.
  4. This is conclusive proof that Transfers of Onecoins from the OneLife account to the Xcoinx account are not recorded in the "Blockchain" and hence that the Blockchain info is incomplete (if there is a real Blockchain at all).
  5. Whatever other transactions are recorded in the Blockchain, if the Blockchain is incomplete, it is worthless and unusable by definition. This cannot be "repaired" afterwards.

A. Objective and Procedure
DISCLAIMER: the authors of this article have tried to execute an objective investigation. None of the data have been manipulated, only some personal data on screenshots are hidden.

The complete procedure is step by step reproducible by anybody with a OneLife account with Onecoins.

The aim of this analysis is to transfer Onecoins from the Onecoin Account of an "IMA" (Independent Marketing Associate) to the Onecoin account on the Xcoinx Exchange, to check the consistency and completeness of the Transactions and other data which are visible in the Blockchain explorer on the OneLife backend website. The consistency with info presented by the company on the www.onecoin.eu web page was checked also.

Update 21 December 2016: with the introduction of the new layout of the onelife.eu backend a number of hyperlinks have changed. We have updated all hyperlinks in this article. In most of the screenshots the old hyperlinks are still visible.

Information supplied by the OneCoin company
As stated on the https://www.onecoin.eu/en/blockchain page "The OneCoin Blockchain Consists of Every Transaction Ever Performed in OneCoin".

The migration of the OneLife Exchange platform to the new www.xcoinx.com platform was introduced by a news item on 7 November 2016:
  • "OUR EXCHANGE PLATFORM IS MOVING TO XCOINX.COM!
    As a company always striving to improve our products and services, we would like to announce that we are in the process of MIGRATING THE ONELIFE EXCHANGE PLATFORM, which is currently unavailable, to an entirely new home – www.xcoinx.com

    This is the first step the OneCoin cryptocurrency is taking toward becoming PUBLICLY TRADED!

    This will allow all OneLife Members to buy, sell and exchange OneCoins in a faster and greatly enhanced system. The migration process will be complete and the new exchange platform will be launched by Wednesday, so you will be able to get back to trading soon.

    We would like to inform all Members that they can login to the xcoinx website using their current OneLife credentials. Upon activation, you will have access to all your current assets (OneCoin and Euro) as soon as you submit a request to fully or partially, as per your preference, transfer your assets (OneCoins or Euro) to your brand new xcoinx account from your current OLN account. The Mining process and Token submission will still be located in the OLN Back office.
    ..."

Although the login credentials for xcoinx are the same as for the existing onelife.eu backend, it is entirely clear that there are two separate environments / systems with different Accounts. This means that, if there is a real Onecoin Blockchain, transfers between the two Accounts must be recorded in the Blockchain and Blockchain Transactions must be visible.

Separate Xcoinx Login screen

There is a relevant text underneath the animated GIF on the Blockchain page in the onelife.eu backend, see Analysis of Onecoin blockchain part 1 for a screenshot:
  • "[...] The blockchain is based on a pre-programmed mathematical algorithm which allows for finite amount of solutions to occur - also called mining. You can see detailed information on each mined block and performed transactions in the tables above."
Procedure
We used the following procedure during this analysis:
  1. Log in on an existing OneLife Account which has a number of Onecoins in the Onecoin Account.
  2. Log in on the Xcoinx account.
  3. On Xcoinx, go to > Accounts > Onecoin Account. On the "TRANSFER TO XCOINX" screen, transfer Onecoins from the OneLife Account to the Xcoinx Account, 10 times in a row.
  4. Check on the OneLife Onecoin Account and the Xcoinx Onecoin Account if the transactions are executed and on which timestamps they are approved / confirmed.
  5. Check on the Cryptocurrency BLOCKCHAIN and MINING pages which Transactions are visible. Ten Transactions must be present if all transfers are approved.
  6. Use the Developer tools of the web browser (F12) to show specific data presented on the screens, and to save Transaction data in files.

B. Fact Finding and Analysis
The process of transferring Onecoins started on Friday 2 December 2016, 22:00 GMT/UTC. The entire process, including several refreshes (F5 function key) of the Onecoin Accounts, checking Transaction data, saving screenshots and saving Transaction data in JSON format, took about 16 minutes.

These are screenshots of both Accounts at the start of the procedure and the first transfer of 1 Onecoin to the Xcoinx Account.

OneLife Onecoin Account before transfers to Xcoinx (old layout)
Note that in this old layout Timestamps in hours/minutes/seconds are visible. The new layout contains only Dates.

Xcoinx Onecoin Account before transfers to Xcoinx were made
First transfer of 1 Onecoin
Confirmation of the transaction in the Xcoinx Onecoin Account
NB: Note that there is no status or condition visible, contrary to the Onecoin Account.
Transaction in the OneLife Onecoin Account
NB: Note that Status is "pending", contrary to the Xcoinx account.

The sequence of the number of Onecoins transferred to Xcoinx was 1, 2, 3, 4, 5, 6, 7, 8, 9 and 10 Onecoin respectively.
We refreshed both Onecoin Account pages several times immediately after each transfer.
We also inspected the sequence of Transactions which were visible on the Blockchain and Mining pages and saved the Transaction data of the Mining page in a "HAR file" in JSON format.

The following Observations were made:
  1. All transfers were immediately visible in the Transaction History of both Onecoin Accounts.
  2. In the OneLife Onecoin Account initially the status "pending" was visible for each Transaction. After several minutes the status changed from "pending" into "approved". The "Date" timestamp did not change.
  3. The Xcoinx Onecoin Account had no status or other condition, i.e. all 10 Transactions were confirmed immediately.
  4. Finally all 10 Transactions of 1, 2, 3, 4, 5, 6, 7, 8, 9 and 10 Onecoins respectively were executed and got status "approved".
  5. The Xcoinx Transactions have a visible Description with a Transaction ID like "Deposit 663209", which is not visible in the OneLife Onecoin Account.
  6. None of the 10 executed Transactions was visible on the Blockchain and Mining pages.
  7. A relevant finding we discovered during our analysis of the Blockchain and Transaction data which are visible, is that the "number of transactions" shown on the BLOCKCHAIN page is consistent with the number of transactions of which detailed data are visible on the Blockchain and Mining pages (except for some inexplicably missing transactions of 50,000 ONE). In other words, these pages pretend to show all Transaction data (not just a random selection or only specific Transaction types). A separate article will be dedicated to the analysis of these data.

Sub 1 - Xcoinx Onecoin Account - after transfer/Deposit 3
Sub 2 - OneLife Onecoin Account - three "pending", three "approved" after transfer/Deposit 6

Sub 3 - Xcoinx Onecoin Account - after transfer/Deposit 10
Sub 4 - OneLife Onecoin Account - after approval of 10 transfers/Deposits
Sub 6 - Blockchain and Transaction data
We show some examples of the data we checked on the https://www.onelife.eu/backend/cryptocurrency/blockchain screens and with the Developer tools (F12):

Example of BLOCKCHAIN page with six visible Transactions (old layout)
The Transaction data (within the yellow rectangular) are refreshed automatically. A new Transaction appears in the top row, the Transaction in the bottom row disappears.
Note that all Transaction amounts, except the 50,000 new "mined" Onecoins in the upper row, are fractions (light green background).
Example of BLOCKCHAIN page with six visible Transactions
Note that there were 3 Blocks in a row (the top three rows on the screen) with only 50,000 "mined Onecoins", i.e. there were three minutes without any other transactions, only "mining".

Mining page with Transactions
The Transaction data (within the yellow rectangular) are refreshed automatically as a result of the "GET getLastTransactions" request. These data can also be retrieved via hyperlink https://www.onelife.eu/backend/cryptocurrency/mining/get-last-transactions.
NB: this screenshot was made during another analysis on an earlier date.

Because it is virtually impossible to prove that something has not been visible, just by showing screenshots, we saved and uploaded this file as proof of Observation 6:

https://drive.google.com/open?id=0B5lx-9Dt9hQhN1VWbHVBNG5mcGc

NB: This file was saved using the Developer tools of Tor browser (F12 function key) > Network > XHR > right-click in a row in the bottom-left panel > Save All As HAR. This file was saved at 22:21 GMT/UTC, four minutes after the status of the tenth and final Transaction changed into "approved".

This file contains all Transaction data (and Mining pool data) which were visible on the screens between timestamps 2016-12-02T22:01:09 (see line 14 in the file) and 2016-12-02T22:20:34 (see line 28130 in the file). The file is in JSON format and can be opened with each text editor.

Example of Transaction data in the HAR file
See line 5702 in the file. The last transaction in this block of six transactions has an amount of 50000.00000000. Timestamps vary from 22:03:53 (bottom row) to 22:04:52 (upper row).

"text": "[
{\"hash\":\"03ef47aec28921733c2e6d4dc8f0610da8ab46ed8c2878a02ff4c2b0b2657a25\",\"amount\":\"0.56050857\",\"date\":\"2016-12-02T22:04:52+00:00\",\"type\":\"1\"},
{\"hash\":\"d6ef10f066a252bbf51f04917dc86976f074adc8c7a56ef67c72884583c7a050\",\"amount\":\"0.56050857\",\"date\":\"2016-12-02T22:04:47+00:00\",\"type\":\"1\"},
{\"hash\":\"aa5c1902d4c9bfa84a6a0f49e1a39235fe59f403fb4b16da09148d37992d4187\",\"amount\":\"0.56050857\",\"date\":\"2016-12-02T22:04:43+00:00\",\"type\":\"1\"},
{\"hash\":\"b7d07d4c9fb24f7b9d33bf36d2c3e73b75c3ce037d723927ef1053d5ad4333b5\",\"amount\":\"1.12101857\",\"date\":\"2016-12-02T22:04:37+00:00\",\"type\":\"1\"},
{\"hash\":\"20c28003722a638faf21eb569547f62d3fec2cb7162a029434123338bf9ae721\",\"amount\":\"0.56050857\",\"date\":\"2016-12-02T22:04:32+00:00\",\"type\":\"1\"},
{\"hash\":\"cf1680bc0aefb60ccf08f2ba83fa255dbe2265418cfe5aed997f9a592f808d32\",\"amount\":\"50000.00000000\",\"date\":\"2016-12-02T22:03:53+00:00\",\"type\":\"1\"}]"

Transactions with an amount of 1.00000000, 2.00000000. 3.00000000, etcetera till 10.00000000 must be present in this file as these Transfers were executed within the time range covered by this HAR file. However, none of these transactions is visible.

C. Conclusions
  1. Transfers of Onecoins from the Onecoin account in the OneLife backend to the Onecoin Account on the Xcoinx platform are possible. The transfers are registered immediately and are visible in the Transaction History of both Onecoin Accounts.
  2. There is an inexplicable difference between the statuses of the Transactions in both accounts. Transactions in the OneLife account initially have status "pending" and get status "approved" after a few minutes. Transactions in the Xcoinx account are confirmed without delay.
  3. For none of the transferred Onecoins a Transaction is visible on the Blockchain screens, while the website states that detailed information on each mined block and performed transactions is visible.
  4. This is conclusive proof that Transfers of Onecoins from the OneLife account to the Xcoinx account are not recorded in the "Blockchain" and hence that the Blockchain info is incomplete (if there is a real Blockchain at all).
  5. Whatever other transactions are recorded in the Blockchain, if the Blockchain is incomplete, it is worthless and unusable by definition. This cannot be "repaired" afterwards.