Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: vendettac on September 02, 2014, 07:09:51 AM



Title: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: vendettac on September 02, 2014, 07:09:51 AM
https://i.imgur.com/MvJrAJq.png

VendettaCoin is a proof of work only currency, which provides the transaction facility just like any other coin. It's based on litecoin wallet and does not have any proof of stake. VendettaCoin is not another copy paste cryptocurrency, but it's backed by business, we are providing VendettaHosting packages at very low prices. The business is to start as soon as the coin is stable for most. We will also be implementing most wanted anonymous features VendettaSend which utilizes anonymous send features to protect user's transactions.

https://i.imgur.com/NELofP7.png

Backed by Business : Vendetta Hosting

VendettaCoin developers will provide VendettaHosting, the very affordable off-shore hosting and secure hosting. All the hosted files will be kept in our very own data centers and will never be deleted. The locations of the data centers will be kept hidden. VendettaHosting packages are minimum of 500GB of packages with upto terabytes of bandwidth. There are very cheapest solutions to store your huge data online and share at the fast speeds. We provide upto 80TB of disk space for a prices of ~$100.

VendettaCoin will be the primary payment method of the hosting and VPS packages. We are very inclined to user's ideas as well. VendettaCoin is the primary owner and developer of the said services and businesses.[/size]


https://i.imgur.com/NVqbULl.png

Anonymous Transactions Implementation: VendettaSend

VendettaCoin developers will implement the true anonymous transactions, normally transactions are recorded by blockchain, all the transactions in a particular coin are public. VendettaCoin utilizes a dust method to send 10 different transactions from an address to change addresses on masternodes. Those are then sent to the receiving user's address. Results in a lot of addresses. VendettaCoin has a unique approach at handling user's transactions.

However VendettaSend has a minimum fee for the transactions which are sent to nodes and miner's network periodically. This transactions usually take longer than a normal transaction to confirm. It's a very secure method to send your coins in an anonymous manner.[/size]


Design and Specifications

Scrypt
Proof of Work - Yes
Proof of Stake - No Why?: After a close inspection we believe that we do not want to utilize a proof of stake yet. We believe that it has security problems and we do not want to implement such a thing. Because proof of work is much securer by network of miners, than the trust of coin holder on a proof of stake.
Coins in ICO: 50,000,00 sold at 0.00002 and then at 0.000021 (5% increase)
Coins to be mined in 14 years: ~50000000
Block Time : 2 minutes
Coins per block: 10 COINS. Rewards never change

Premine: We will only premine 0.1% of coins if 100% of ICO is not sold until October 1.

Roadmap

http://vendettacoin.pw/wp-content/uploads/2014/08/timeline1.png

If all the coins are ever mined and dumped on exchanges:
https://i.imgur.com/1OGSSO7.png

Mining schedule

https://i.imgur.com/XS1mDdF.png

Remember this is a prototype. This only gives a good eye at how mining will happen. some details might be incorrect. But this still tells an overall mining rewards schedule.


Presale

Why Presale?

There is always need of funds for development of a coin. 1% of a coin is a very huge premine and creates a risk for investors and the miners as well. It's also difficult to obtain coin's image after a premine has been made. We've decided not to do a premine rather a Crowd Funding which will allow early investors to get coins at very cheaper prices, while helping us develop the said features and continue to work.

We will be selling 50,000,00 coins at 0.00002 coin each. Which is way small price. We're of course not undervaluing our coin rather giving the early adopters a reward for trusting in VendettaCoin developers. The price will after about 10 days increase by 5%. That is not a huge change and protects the later investors as well.

How to buy in presale?

Presale is up at http://vendettacoin.pw/?product=presale (http://vendettacoin.pw/?product=presale)

Presale will close as soon as the time is up for the presale or total funds are reached.

What if all the coins in presale are not sold till deadline?

If we get more than 100% of coins sold in presale. We'll just mine the 5000000 coins and divide it between everyone. If only 50% of investments are made until presale closing date. We'll still mine 20% and divide it equally between people. so if no more people invest. You'll be getting your funds at better prices.
However if presale doesn't go above 50% we'll only mine what is purchased and genesis block will only contain that much number of coins, not more not less.

Refunds?

Refunds will only be possible if the coin does't launch on said date. For all of those features, you shall wait and they'll be released according to dates on road map. We have our vision very clear and are strict on time table.



If you do not get an email after purchase. Send email to admin@vendettacoin.pw to sort it out.


Why is this topic moderated?

This topic is moderated to prevent trolls and shills from the regular FUD and spam, name calling, and false accusations. We will be launching the coin on said dates and delivering the products on the mentioned dates. There will be no IPO but we promise to deliver the said features on the dates.

We will be continuously monitoring and deleting replies that are not constructive criticism, you're free to ask a questions.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: momochenlun on September 02, 2014, 07:11:06 AM
1 ;D


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: vendettac on September 02, 2014, 07:17:11 AM
Profit From Hosting

Once our off shore file hosting is up and running. All the presale buyer’s will be rewarded our earning profit every 2 weeks. Here is how it will be calculated.
 
Total buyers in Presale : 100
Our fortnightly earning: $1000 or 100000 VendettaCoins
This VendettaCoins or $1000 will be converted to BTC.
Then this BTC will be sent proportionally to all the investor’s BTC address or the one they specify. (Only BTC allowed)
This profit will be based on  (monthly earning – expendature – 20%). The 20% will be held as profit by us. Rest of the earning will be divided equally in investors.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ocminer on September 02, 2014, 07:19:11 AM
Launch when?


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: jjj0923 on September 02, 2014, 07:22:21 AM
When I google Vendetta Hosting - I cannot find any listing.and http://vendettahosting.com/ yoelds - page not available.

can you explain? Backed by a business which does not even exist?


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: vendettac on September 02, 2014, 07:24:57 AM
When I google Vendetta Hosting - I cannot find any listing.and http://vendettahosting.com/ yoelds - page not available.

can you explain? Backed by a business which does not even exist?

Because it does not exist yet? We're doing an ICO to deliver the said features. There is nothing to hide. We will only deliver the costly features once we have the funds to do so. Simple as that.

Launch when?

Head to our websitehttp://vendettacoin.pw (http://vendettacoin.pw) and you can read everything there. its on Oct 1 2014. Scrypt - POW.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: vendettac on September 02, 2014, 07:32:06 AM
If ICO is not sold. None of the features will be delivered. We will premine 0.2% to 0.5% of coins and then move to coin launch anyway.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ocminer on September 02, 2014, 07:37:04 AM
What about POD?


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: vendettac on September 02, 2014, 07:40:12 AM
What about POD?

We cannot and will not POD. But we are inclined to escrow. if you need security.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ocminer on September 02, 2014, 07:42:51 AM
What about POD?

We cannot and will not POD. But we are inclined to escrow. if you need security.

Can you explain why this is not possible?


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: IMJim on September 02, 2014, 07:45:09 AM
What about POD?

We cannot and will not POD. But we are inclined to escrow. if you need security.

Your asking people, from yet another brand new account, to basically invest in your company......which is not yet a company and we cannot know who you are?!  Ok, I'll take out a second on my home and send that right over:-)


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: vendettac on September 02, 2014, 07:47:47 AM
What about POD?

We cannot and will not POD. But we are inclined to escrow. if you need security.

Your asking people, from yet another brand new account, to basically invest in your company......which is not yet a company and we cannot know who you are?!  Ok, I'll take out a second on my home and send that right over:-)

We're agreeing to escrow already. So your argument is invalid. We aren't asking you to directly invest anymore.


What about POD?

We cannot and will not POD. But we are inclined to escrow. if you need security.

Can you explain why this is not possible?

While there is a solution to escrow. There is no need for POD. isn't it?


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: jjj0923 on September 02, 2014, 07:48:42 AM
What about POD?

We cannot and will not POD. But we are inclined to escrow. if you need security.

Your asking people, from yet another brand new account, to basically invest in your company......which is not yet a company and we cannot know who you are?!  Ok, I'll take out a second on my home and send that right over:-)

+1 : LOL


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: IMJim on September 02, 2014, 07:51:00 AM
What about POD?

We cannot and will not POD. But we are inclined to escrow. if you need security.

Your asking people, from yet another brand new account, to basically invest in your company......which is not yet a company and we cannot know who you are?!  Ok, I'll take out a second on my home and send that right over:-)

We're agreeing to escrow already. So your argument is invalid. We aren't asking you to directly invest anymore.


What about POD?

We cannot and will not POD. But we are inclined to escrow. if you need security.

Can you explain why this is not possible?

While there is a solution to escrow. There is no need for POD. isn't it?

Guess we'll see how many others think my "argument" is "invalid":-)


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: jjj0923 on September 02, 2014, 07:52:25 AM
unwatch :  ::)


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: MsCollec on September 02, 2014, 07:52:57 AM
I don't think anyone would invest without an escrow. It's even bad that you don't have any working services.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: vendettac on September 02, 2014, 07:54:00 AM
I don't think anyone would invest without an escrow. It's even bad that you don't have any working services.

Will repeat again. we have already accepted to escrow. If you can recommend an escrow.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: adloule13 on September 02, 2014, 07:54:14 AM
why are you using newbie account ? ???


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ocminer on September 02, 2014, 07:54:39 AM
What about POD?

We cannot and will not POD. But we are inclined to escrow. if you need security.

Your asking people, from yet another brand new account, to basically invest in your company......which is not yet a company and we cannot know who you are?!  Ok, I'll take out a second on my home and send that right over:-)

We're agreeing to escrow already. So your argument is invalid. We aren't asking you to directly invest anymore.


What about POD?

We cannot and will not POD. But we are inclined to escrow. if you need security.

Can you explain why this is not possible?

While there is a solution to escrow. There is no need for POD. isn't it?

Well.. No need..  I would not say that..  Certainly POD delivers an extra 'feel'  of security..  Things Look much more honest and 'legit'  with pod instead of a simple escrow..  

Personally I would not invest in some Internet junk from 'some guy on the Internet'  where 'some Other guy from the Internet' does the escrow but both dont know each Other...

But you do know about the recent scams here?
:)


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ParmaBTC on September 02, 2014, 07:56:36 AM
Just bought ten coins for testing, but counter do not decrease.
My order number is 322.
Could you explain how many coins did you sold?
 


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: vendettac on September 02, 2014, 08:00:49 AM
Quote

Well.. No need..  I would not say that..  Certainly POD delivers an extra 'feel'  of security..  Things Look much more honest and 'legit'  with pod instead of a simple escrow..  

Personally I would not invest in some Internet junk from 'some guy on the Internet'  where 'some Other guy from the Internet' does the escrow but both dont know each Other...

But you do know about the recent scams here?
:)

yes, I do know about the scams on here. unfortunately that happens, but cannot provide you a screening. If you want to escrow or whether ask technical questions. Will be answering every question. Hope you can understand.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: vendettac on September 02, 2014, 08:07:23 AM
Just bought ten coins for testing, but counter do not decrease.
My order number is 322.
Could you explain how many coins did you sold?
 

takes a little time to update the quantity of coins. It should be updated now

Also if someone can find us a reputable escrow please.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ParmaBTC on September 02, 2014, 08:10:16 AM
look @ devthedev

https://bitcointalk.org/index.php?action=profile;u=136592



Correct in OP the number of ICO coins, it looks 50,000,00
instead of 5.000.000 (100 Btc ICO)


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: vendettac on September 02, 2014, 08:20:03 AM
Due to the need of community. We're using the user "devthedev" as escrow.

Rules for escrow:

Escrow will be starting today to October 1st. After the coin launch. said features WILL be delivered on the dates stated in the roadmap on official website.

October 1: Launch day, if there are no "huge" problem in launch. devthedev to release 15% of funds to us.

October 15: VendettaSend to be released for the first time. Immediately after release. devthedev shall send us 50% of escrow. Once VendettaSend is reported working by community.

October 26: Vendetta Hosting website to be release. This is however will start with the vendettahosting providing hosting services worldwide. Will include File hosting and VPS hosting. Once it's verified that the service is LIVE. devthedev should release the rest of the funds immediately.


We will be contacting devthedev with these terms.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: sdersdf2 on September 02, 2014, 08:21:22 AM
What about POD?

We cannot and will not POD. But we are inclined to escrow. if you need security.


Scammers.

Note - they are censoring the truth.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: sdersdf2 on September 02, 2014, 08:23:36 AM
What about POD?

We cannot and will not POD. But we are inclined to escrow. if you need security.

Your asking people, from yet another brand new account, to basically invest in your company......which is not yet a company and we cannot know who you are?!  Ok, I'll take out a second on my home and send that right over:-)

We're agreeing to escrow already. So your argument is invalid. We aren't asking you to directly invest anymore.


What about POD?

We cannot and will not POD. But we are inclined to escrow. if you need security.

Can you explain why this is not possible?

While there is a solution to escrow. There is no need for POD. isn't it?

Well.. No need..  I would not say that..  Certainly POD delivers an extra 'feel'  of security..  Things Look much more honest and 'legit'  with pod instead of a simple escrow..  

Personally I would not invest in some Internet junk from 'some guy on the Internet'  where 'some Other guy from the Internet' does the escrow but both dont know each Other...

But you do know about the recent scams here?
:)


Of course they do.

What about POD?

We cannot and will not POD. But we are inclined to escrow. if you need security.


Scammers.

Note - they are censoring the truth.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: vendettac on September 02, 2014, 08:27:27 AM
What about POD?

We cannot and will not POD. But we are inclined to escrow. if you need security.


F*cking scammers.

Note - they are censoring the truth.

because this is the third time you're repeating the same thing.

If this is a scam, you will get your bitcoins back from "devthedev" escrow. please stop.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: drippx on September 02, 2014, 08:32:31 AM
Theres hundreds of hosting sites 100x better than yours so there is no point in saying backed by a business that no one visits


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: Chris001 on September 02, 2014, 08:35:05 AM
Due to the need of community. We're using the user "devthedev" as escrow.

Rules for escrow:

Escrow will be starting today to October 1st. After the coin launch. said features WILL be delivered on the dates stated in the roadmap on official website.

October 1: Launch day, if there are no "huge" problem in launch. devthedev to release 15% of funds to us.

October 15: VendettaSend to be released for the first time. Immediately after release. devthedev shall send us 50% of escrow. Once VendettaSend is reported working by community.

October 26: Vendetta Hosting website to be release. This is however will start with the vendettahosting providing hosting services worldwide. Will include File hosting and VPS hosting. Once it's verified that the service is LIVE. devthedev should release the rest of the funds immediately.


We will be contacting devthedev with these terms.

Well, these are pretty good terms. It leads me to believe that they plan on delivering. If they don't they don't get paid. Better than a POD if you ask me.

I got nothing against POD, but for devs that don't want to do one, linking the success of the project to the escrow releasing that money to them seems like a pretty good deal.

Are there holes in their terms I don't see?

One would think the coin would have these features. That doesn't seem to be the question.

The question now isn't about trust, it is, with what's on the agenda for them to get paid. When these things done, will it be a good coin

With escrow and terms like this, we don't have to worry about getting scammed, we can move on and decide if it's a good coin.

This is what all coins should do if they a have an ICO


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ocminer on September 02, 2014, 08:45:17 AM
Due to the need of community. We're using the user "devthedev" as escrow.

Rules for escrow:

Escrow will be starting today to October 1st. After the coin launch. said features WILL be delivered on the dates stated in the roadmap on official website.

October 1: Launch day, if there are no "huge" problem in launch. devthedev to release 15% of funds to us.

October 15: VendettaSend to be released for the first time. Immediately after release. devthedev shall send us 50% of escrow. Once VendettaSend is reported working by community.

October 26: Vendetta Hosting website to be release. This is however will start with the vendettahosting providing hosting services worldwide. Will include File hosting and VPS hosting. Once it's verified that the service is LIVE. devthedev should release the rest of the funds immediately.


We will be contacting devthedev with these terms.

Well, these are pretty good terms. It leads me to believe that they plan on delivering. If they don't they don't get paid. Better than a POD if you ask me.

I got nothing against POD, but for devs that don't want to do one, linking the success of the project to the escrow releasing that money to them seems like a pretty good deal.

Are there holes in their terms I don't see?

One would think the coin would have these features. That doesn't seem to be the question.

The question now isn't about trust, it is, with what's on the agenda for them to get paid. When these things done, will it be a good coin

With escrow and terms like this, we don't have to worry about getting scammed, we can move on and decide if it's a good coin.

This is what all coins should do if they a have an ICO

That is totally wrong :)

POD is a proof of developer, the dev is known by a member of the community. This way he is much more 'under pressure'  to deliver than through a simple escrow..  It does Not matter if the escrow is hosted by c-cex, bittrex or devthedev or scamthescam...  As soon as it is launch time and the devs have delivered a working wallet -  or a working blockchain the escrow is done and the funds are paid out.

Chris you are long enough here now, you were active in the thread were bittrex Almost released the funds, i think 350 btc, to the dev. Disappointing that you Post that. Are you in boat with the devs probably?


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: vendettac on September 02, 2014, 08:49:50 AM
Due to the need of community. We're using the user "devthedev" as escrow.

Rules for escrow:

Escrow will be starting today to October 1st. After the coin launch. said features WILL be delivered on the dates stated in the roadmap on official website.

October 1: Launch day, if there are no "huge" problem in launch. devthedev to release 15% of funds to us.

October 15: VendettaSend to be released for the first time. Immediately after release. devthedev shall send us 50% of escrow. Once VendettaSend is reported working by community.

October 26: Vendetta Hosting website to be release. This is however will start with the vendettahosting providing hosting services worldwide. Will include File hosting and VPS hosting. Once it's verified that the service is LIVE. devthedev should release the rest of the funds immediately.


We will be contacting devthedev with these terms.

Well, these are pretty good terms. It leads me to believe that they plan on delivering. If they don't they don't get paid. Better than a POD if you ask me.

I got nothing against POD, but for devs that don't want to do one, linking the success of the project to the escrow releasing that money to them seems like a pretty good deal.

Are there holes in their terms I don't see?

One would think the coin would have these features. That doesn't seem to be the question.

The question now isn't about trust, it is, with what's on the agenda for them to get paid. When these things done, will it be a good coin

With escrow and terms like this, we don't have to worry about getting scammed, we can move on and decide if it's a good coin.

This is what all coins should do if they a have an ICO


Thank you for the positive vibe. We do not guarantee anyone huge returns for their funds. But we do intend to deliver the said features. We will only take the funds for the features that we have successfully delivered.

We have however kept the price as realistic as possible. We're premining 5000000 coins if 100% of escrow is sold. This does not give us a market cap of millions as start. And it does provide a good returns on your investment. Amount available in ICO is pretty much the amount that will exist for a long time.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: sdersdf2 on September 02, 2014, 08:52:12 AM
Due to the need of community. We're using the user "devthedev" as escrow.

Rules for escrow:

Escrow will be starting today to October 1st. After the coin launch. said features WILL be delivered on the dates stated in the roadmap on official website.

October 1: Launch day, if there are no "huge" problem in launch. devthedev to release 15% of funds to us.

October 15: VendettaSend to be released for the first time. Immediately after release. devthedev shall send us 50% of escrow. Once VendettaSend is reported working by community.

October 26: Vendetta Hosting website to be release. This is however will start with the vendettahosting providing hosting services worldwide. Will include File hosting and VPS hosting. Once it's verified that the service is LIVE. devthedev should release the rest of the funds immediately.


We will be contacting devthedev with these terms.

Well, these are pretty good terms. It leads me to believe that they plan on delivering. If they don't they don't get paid. Better than a POD if you ask me.

I got nothing against POD, but for devs that don't want to do one, linking the success of the project to the escrow releasing that money to them seems like a pretty good deal.

Are there holes in their terms I don't see?

One would think the coin would have these features. That doesn't seem to be the question.

The question now isn't about trust, it is, with what's on the agenda for them to get paid. When these things done, will it be a good coin

With escrow and terms like this, we don't have to worry about getting scammed, we can move on and decide if it's a good coin.

This is what all coins should do if they a have an ICO

That is totally wrong :)

POD is a proof of developer, the dev is known by a member of the community. This way he is much more 'under pressure'  to deliver than through a simple escrow..  It does Not matter if the escrow is hosted by c-cex, bittrex or devthedev or scamthescam...  As soon as it is launch time and the devs have delivered a working wallet -  or a working blockchain the escrow is done and the funds are paid out.

Chris you are long enough here now, you were active in the thread were bittrex Almost released the funds, i think 350 btc, to the dev. Disappointing that you Post that. Are you in boat with the devs probably?


These guys are scammers - it's fairly obvious.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: vendettac on September 02, 2014, 08:56:13 AM
Theres hundreds of hosting sites 100x better than yours so there is no point in saying backed by a business that no one visits

you're very quick to judge. We have people that can drive enormous traffic to our file hosting site. You are yet clueless.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: sdersdf2 on September 02, 2014, 08:56:54 AM
What about POD?

We cannot and will not POD. But we are inclined to escrow. if you need security.


F*cking scammers.

Note - they are censoring the truth.

because this is the third time you're repeating the same thing.

If this is a scam, you will get your bitcoins back from "devthedev" escrow. please stop.


Look at my post history. Unlike others, I don't use the term scammer lightly. Only when the scam is flagrant.

You'd inspire more confidence if you explained why you wouldn't submit to a POD.

You scammers ask for people to put their previous BTC at risk - yet you are unwilling to put your reputation at risk in return (basically to put your reputation where your BTC-hungry mouths are) and provide some POD security.

You are scammers.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: vendettac on September 02, 2014, 09:02:51 AM
What about POD?

We cannot and will not POD. But we are inclined to escrow. if you need security.


F*cking scammers.

Note - they are censoring the truth.

because this is the third time you're repeating the same thing.

If this is a scam, you will get your bitcoins back from "devthedev" escrow. please stop.


Look at my post history. Unlike others, I don't use the term scammer lightly. Only when the scam is flagrant.

You'd inspire more confidence if you explained why you wouldn't submit to a POD.

You scammers ask for people to put their previous BTC at risk - yet you are unwilling to put your reputation at risk in return (basically to put your reputation where your BTC-hungry mouths are) and provide some POD security.

You are scammers.


we're not asking for BTC upfront. We're not doing this ICO forcefully. We have already contacted escrow. People are still joining the ICO on our official site. If in any case we don't deliver, you can ask devthedev to send you your btc back. that's how it works. Is it so hard to understand?


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: sdersdf2 on September 02, 2014, 09:05:39 AM
What about POD?

We cannot and will not POD. But we are inclined to escrow. if you need security.


F*cking scammers.

Note - they are censoring the truth.

because this is the third time you're repeating the same thing.

If this is a scam, you will get your bitcoins back from "devthedev" escrow. please stop.


Look at my post history. Unlike others, I don't use the term scammer lightly. Only when the scam is flagrant.

You'd inspire more confidence if you explained why you wouldn't submit to a POD.

You scammers ask for people to put their previous BTC at risk - yet you are unwilling to put your reputation at risk in return (basically to put your reputation where your BTC-hungry mouths are) and provide some POD security.

You are scammers.


we're not asking for BTC upfront. We're not doing this ICO forcefully. We have already contacted escrow. People are still joining the ICO on our official site. If in any case we don't deliver, you can ask devthedev to send you your btc back. that's how it works. Is it so hard to understand?


What's hard to understand is why you wont provide any information on who it is we're dealing with instead of some completely anonymous bitcointalk account, like the many such newbie accounts over the past two months that have scammed lots of people out of lots of BTC.

You don't even offer an explanation for why you wont offer any information on who we're giving our BTC to, including basic credentials.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: galaxy on September 02, 2014, 09:07:12 AM
Due to the need of community. We're using the user "devthedev" as escrow.

Rules for escrow:

Escrow will be starting today to October 1st. After the coin launch. said features WILL be delivered on the dates stated in the roadmap on official website.

October 1: Launch day, if there are no "huge" problem in launch. devthedev to release 15% of funds to us.

October 15: VendettaSend to be released for the first time. Immediately after release. devthedev shall send us 50% of escrow. Once VendettaSend is reported working by community.

October 26: Vendetta Hosting website to be release. This is however will start with the vendettahosting providing hosting services worldwide. Will include File hosting and VPS hosting. Once it's verified that the service is LIVE. devthedev should release the rest of the funds immediately.


We will be contacting devthedev with these terms.

Well, these are pretty good terms. It leads me to believe that they plan on delivering. If they don't they don't get paid. Better than a POD if you ask me.

I got nothing against POD, but for devs that don't want to do one, linking the success of the project to the escrow releasing that money to them seems like a pretty good deal.

Are there holes in their terms I don't see?

One would think the coin would have these features. That doesn't seem to be the question.

The question now isn't about trust, it is, with what's on the agenda for them to get paid. When these things done, will it be a good coin

With escrow and terms like this, we don't have to worry about getting scammed, we can move on and decide if it's a good coin.

This is what all coins should do if they a have an ICO

That is totally wrong :)

POD is a proof of developer, the dev is known by a member of the community. This way he is much more 'under pressure'  to deliver than through a simple escrow..  It does Not matter if the escrow is hosted by c-cex, bittrex or devthedev or scamthescam...  As soon as it is launch time and the devs have delivered a working wallet -  or a working blockchain the escrow is done and the funds are paid out.

Chris you are long enough here now, you were active in the thread were bittrex Almost released the funds, i think 350 btc, to the dev. Disappointing that you Post that. Are you in boat with the devs probably?

Ocminer I love your pool dont say that stuff about me. Apologize  :(

I thought they had to do more than a working wallet and a lot more that what cluster had to do, don't they? ??? ???

But I'm not in with anybody. I get pissed when some troll says that, but when you say it I'm really freaked out man, do you really think that?

POD is fine, Im just saying REAL Concrete stuff is good or better right??


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: drippx on September 02, 2014, 09:09:11 AM
Due to the need of community. We're using the user "devthedev" as escrow.


This is what all coins should do if they a have an ICO


That is totally wrong :)

POD is a proof of developer, the dev is known by a member of the community. This way he is much more 'under pressure'  to deliver than through a simple escrow..  It does Not matter if the escrow is hosted by c-cex, bittrex or devthedev or scamthescam...  As soon as it is launch time and the devs have delivered a working wallet -  or a working blockchain the escrow is done and the funds are paid out.

Chris you are long enough here now, you were active in the thread were bittrex Almost released the funds, i think 350 btc, to the dev. Disappointing that you Post that. Are you in boat with the devs probably?

Chris was heavily defending clstr,use coin scammers, I wouldnt be suprised if vendetta is clstrs, uses, crystal next try at scamin, people should look into this


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ocminer on September 02, 2014, 09:10:28 AM
Due to the need of community. We're using the user "devthedev" as escrow.

Rules for escrow:

Escrow will be starting today to October 1st. After the coin launch. said features WILL be delivered on the dates stated in the roadmap on official website.

October 1: Launch day, if there are no "huge" problem in launch. devthedev to release 15% of funds to us.

October 15: VendettaSend to be released for the first time. Immediately after release. devthedev shall send us 50% of escrow. Once VendettaSend is reported working by community.

October 26: Vendetta Hosting website to be release. This is however will start with the vendettahosting providing hosting services worldwide. Will include File hosting and VPS hosting. Once it's verified that the service is LIVE. devthedev should release the rest of the funds immediately.


We will be contacting devthedev with these terms.

Well, these are pretty good terms. It leads me to believe that they plan on delivering. If they don't they don't get paid. Better than a POD if you ask me.

I got nothing against POD, but for devs that don't want to do one, linking the success of the project to the escrow releasing that money to them seems like a pretty good deal.

Are there holes in their terms I don't see?

One would think the coin would have these features. That doesn't seem to be the question.

The question now isn't about trust, it is, with what's on the agenda for them to get paid. When these things done, will it be a good coin

With escrow and terms like this, we don't have to worry about getting scammed, we can move on and decide if it's a good coin.

This is what all coins should do if they a have an ICO

That is totally wrong :)

POD is a proof of developer, the dev is known by a member of the community. This way he is much more 'under pressure'  to deliver than through a simple escrow..  It does Not matter if the escrow is hosted by c-cex, bittrex or devthedev or scamthescam...  As soon as it is launch time and the devs have delivered a working wallet -  or a working blockchain the escrow is done and the funds are paid out.

Chris you are long enough here now, you were active in the thread were bittrex Almost released the funds, i think 350 btc, to the dev. Disappointing that you Post that. Are you in boat with the devs probably?

Ocminer I love your pool dont say that stuff about me. Apologize  :(

I thought they had to do more than a working wallet and a lot more that what cluster had to do, don't they? ??? ???

But I'm not in with anybody. I get pissed when some troll says that, but when you say it I really freaked out man, do you really think that?

Dont worry, not really i was just astonished you thought escrow is better than pod..  Escrow is basically nothing...



Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: vendettac on September 02, 2014, 09:15:20 AM
What about POD?

We cannot and will not POD. But we are inclined to escrow. if you need security.


F*cking scammers.

Note - they are censoring the truth.

because this is the third time you're repeating the same thing.

If this is a scam, you will get your bitcoins back from "devthedev" escrow. please stop.


Look at my post history. Unlike others, I don't use the term scammer lightly. Only when the scam is flagrant.

You'd inspire more confidence if you explained why you wouldn't submit to a POD.

You scammers ask for people to put their previous BTC at risk - yet you are unwilling to put your reputation at risk in return (basically to put your reputation where your BTC-hungry mouths are) and provide some POD security.

You are scammers.


we're not asking for BTC upfront. We're not doing this ICO forcefully. We have already contacted escrow. People are still joining the ICO on our official site. If in any case we don't deliver, you can ask devthedev to send you your btc back. that's how it works. Is it so hard to understand?


What's hard to understand is why you wont provide any information on who it is we're dealing with instead of some completely anonymous bitcointalk account, like the many such newbie accounts over the past two months that have scammed lots of people out of lots of BTC.

You don't even offer an explanation.


POD is a solution to your problem then? How many things happened in history of bitcoin remind me the proof of identity is a joke. MtGox, cryptorush, coinmarket.io, coinex.pw. and the list goes on.




It's so weird to see that you're saying we would take the funds from the escrow devthedev and walk away without delivering features. You're simply accusing the escrow being the scammer here. Not us.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: tobeaj2mer01 on September 02, 2014, 09:19:56 AM
Is there any Escrow?


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: Chris001 on September 02, 2014, 09:20:02 AM
Due to the need of community. We're using the user "devthedev" as escrow.

Rules for escrow:

Escrow will be starting today to October 1st. After the coin launch. said features WILL be delivered on the dates stated in the roadmap on official website.

October 1: Launch day, if there are no "huge" problem in launch. devthedev to release 15% of funds to us.

October 15: VendettaSend to be released for the first time. Immediately after release. devthedev shall send us 50% of escrow. Once VendettaSend is reported working by community.

October 26: Vendetta Hosting website to be release. This is however will start with the vendettahosting providing hosting services worldwide. Will include File hosting and VPS hosting. Once it's verified that the service is LIVE. devthedev should release the rest of the funds immediately.


We will be contacting devthedev with these terms.

Well, these are pretty good terms. It leads me to believe that they plan on delivering. If they don't they don't get paid. Better than a POD if you ask me.

I got nothing against POD, but for devs that don't want to do one, linking the success of the project to the escrow releasing that money to them seems like a pretty good deal.

Are there holes in their terms I don't see?

One would think the coin would have these features. That doesn't seem to be the question.

The question now isn't about trust, it is, with what's on the agenda for them to get paid. When these things done, will it be a good coin

With escrow and terms like this, we don't have to worry about getting scammed, we can move on and decide if it's a good coin.

This is what all coins should do if they a have an ICO

That is totally wrong :)

POD is a proof of developer, the dev is known by a member of the community. This way he is much more 'under pressure'  to deliver than through a simple escrow..  It does Not matter if the escrow is hosted by c-cex, bittrex or devthedev or scamthescam...  As soon as it is launch time and the devs have delivered a working wallet -  or a working blockchain the escrow is done and the funds are paid out.

Chris you are long enough here now, you were active in the thread were bittrex Almost released the funds, i think 350 btc, to the dev. Disappointing that you Post that. Are you in boat with the devs probably?

Ocminer I love your pool dont say that stuff about me. Apologize  :(

I thought they had to do more than a working wallet and a lot more that what cluster had to do, don't they? ??? ???

But I'm not in with anybody. I get pissed when some troll says that, but when you say it I really freaked out man, do you really think that?

Dont worry, not really i was just astonished you thought escrow is better than pod..  Escrow is basically nothing...



People believe what you say

Hell i believe what you say

You threw me in with the worst guys and said I was one of them

The only thing I have every done is have some socks.

I am really a trusted person..

People listen to you, just don't call me a scammer or Im done, you not just some guy man, shit


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: sdersdf2 on September 02, 2014, 09:23:43 AM
Due to the need of community. We're using the user "devthedev" as escrow.


This is what all coins should do if they a have an ICO


That is totally wrong :)

POD is a proof of developer, the dev is known by a member of the community. This way he is much more 'under pressure'  to deliver than through a simple escrow..  It does Not matter if the escrow is hosted by c-cex, bittrex or devthedev or scamthescam...  As soon as it is launch time and the devs have delivered a working wallet -  or a working blockchain the escrow is done and the funds are paid out.

Chris you are long enough here now, you were active in the thread were bittrex Almost released the funds, i think 350 btc, to the dev. Disappointing that you Post that. Are you in boat with the devs probably?

Chris was heavily defending clstr,use coin scammers, I wouldnt be suprised if vendetta is clstrs, uses, crystal next try at scamin, people should look into this


Yup - the sort of risk a POD might reveal.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: Chris001 on September 02, 2014, 09:24:53 AM
Jesus Im planning on launcing my own coin in a few months

With escrow'
With POD

With Whatever


I don't need people thinking Im some scammer. Hell the escrow can keep my money forever. I just want to make a good coin.

People thinking Im a scammer is not going to help my cause. But Ill have a lot more trusted people with me and most of it made first so i guess it doesn't matter, but still


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: vendettac on September 02, 2014, 09:32:40 AM
Is there any Escrow?

devthedev is already contacted. Waiting for him to show up at the thread to provide escrow.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ocminer on September 02, 2014, 09:33:25 AM
Jesus Im planning on launcing my own coin in a few months

With escrow'
With POD

With Whatever


I don't need people thinking Im some scammer. Hell the escrow can keep my money forever. I just want to make a good coin.

People thinking Im a scammer is not going to help my cause. But Ill have a lot more trusted people with me and most of it made first so i guess it doesn't matter, but still

Don't worry, nobody thinks you're a scammer, just check your words before you push the send button and don't be "blinded" by the words "escrow" "trusted member" etc.. I was really just wondering why you were defending this at once.

This thing as several flags ..

A .pw Domain - cheapest domain you can get for 1.99 $
Domain is regged anonymously - no way to get to the owner/admin
no POD - they want to stay anonymous (not that this a problem, but for me its a flag :))

just to mention a few of them.

And "Escrow" is really nothing worth - just take a look at CLSTR etc...
I'd rather invest in a coin with POD and no escrow than vice versa :)



Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: vendettac on September 02, 2014, 09:41:01 AM
Due to the need of community. We're using the user "devthedev" as escrow.

Rules for escrow:

Escrow will be starting today to October 1st. After the coin launch. said features WILL be delivered on the dates stated in the roadmap on official website.

October 1: Launch day, if there are no "huge" problem in launch. devthedev to release 15% of funds to us.

October 15: VendettaSend to be released for the first time. Immediately after release. devthedev shall send us 50% of escrow. Once VendettaSend is reported working by community.

October 26: Vendetta Hosting website to be release. This is however will start with the vendettahosting providing hosting services worldwide. Will include File hosting and VPS hosting. Once it's verified that the service is LIVE. devthedev should release the rest of the funds immediately.


We will be contacting devthedev with these terms.


Reposting escrow terms. If any of the terms are not met. devthedev is the one responsible for sending the coins back to investors.

Quote
And "Escrow" is really nothing worth - just take a look at CLSTR etc.

You're wrong. As far as I know. Everyone was refunded of that escrow. That was held by Bittrex. That is what escrow is for. What do you expect? Now if someone dumped their coins at below ico prices because they "thought" there was going to be no refund. They just listened to FUD. I have nothing to do with all that. Just explaining what happened!


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ocminer on September 02, 2014, 09:45:46 AM
Due to the need of community. We're using the user "devthedev" as escrow.

Rules for escrow:

Escrow will be starting today to October 1st. After the coin launch. said features WILL be delivered on the dates stated in the roadmap on official website.

October 1: Launch day, if there are no "huge" problem in launch. devthedev to release 15% of funds to us.

October 15: VendettaSend to be released for the first time. Immediately after release. devthedev shall send us 50% of escrow. Once VendettaSend is reported working by community.

October 26: Vendetta Hosting website to be release. This is however will start with the vendettahosting providing hosting services worldwide. Will include File hosting and VPS hosting. Once it's verified that the service is LIVE. devthedev should release the rest of the funds immediately.


We will be contacting devthedev with these terms.


Reposting escrow terms. If any of the terms are not met. devthedev is the one responsible for sending the coins back to investors.

Quote
And "Escrow" is really nothing worth - just take a look at CLSTR etc.

You're wrong. As far as I know. Everyone was refunded of that escrow. That was held by Bittrex. That is what escrow is for. What do you expect? Now if someone dumped their coins at below ico prices because they "thought" there was going to be no refund. They just listened to FUD. I have nothing to do with all that. Just explaining what happened!

Honestly what happened with CLSTR(fuck):

All of bittrex' terms for releasing the IPO were fullfilled, due to massive pressure of the community they and the dev were forced to do POD. Nobody really knows why - but the rumors say that the Dev tried to do POD with fake documents and CryptoAsian noticed that and stepped back from verifying the Dev and did NOT give POD. Bittrex then created a massive buy wall - as promised - and bought the coins back. They should have released the coins earlier since all terms were fullfilled for releasing though... (and they did almost)

I've read your IPO escrow terms and anyone can make his own opinion about it ..

How much BTC would 15 % and 50 % be ?  ;D


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: vendettac on September 02, 2014, 09:51:54 AM
Due to the need of community. We're using the user "devthedev" as escrow.

Rules for escrow:

Escrow will be starting today to October 1st. After the coin launch. said features WILL be delivered on the dates stated in the roadmap on official website.

October 1: Launch day, if there are no "huge" problem in launch. devthedev to release 15% of funds to us.

October 15: VendettaSend to be released for the first time. Immediately after release. devthedev shall send us 50% of escrow. Once VendettaSend is reported working by community.

October 26: Vendetta Hosting website to be release. This is however will start with the vendettahosting providing hosting services worldwide. Will include File hosting and VPS hosting. Once it's verified that the service is LIVE. devthedev should release the rest of the funds immediately.


We will be contacting devthedev with these terms.


Reposting escrow terms. If any of the terms are not met. devthedev is the one responsible for sending the coins back to investors.

Quote
And "Escrow" is really nothing worth - just take a look at CLSTR etc.

You're wrong. As far as I know. Everyone was refunded of that escrow. That was held by Bittrex. That is what escrow is for. What do you expect? Now if someone dumped their coins at below ico prices because they "thought" there was going to be no refund. They just listened to FUD. I have nothing to do with all that. Just explaining what happened!

Honestly what happened with CLSTR(fuck):

All of bittrex' terms for releasing the IPO were fullfilled, due to massive pressure of the community they and the dev were forced to do POD. Nobody really knows why - but the rumors say that the Dev tried to do POD with fake documents and CryptoAsian noticed that and stepped back from verifying the Dev and did NOT give POD. Bittrex then created a massive buy wall - as promised - and bought the coins back. They should have released the coins earlier since all terms were fullfilled for releasing though... (and they did almost)

I've read your IPO escrow terms and anyone can make his own opinion about it ..

How much BTC would 15 % and 50 % be ?  ;D

15% is of whatever amount is sent to escrow. some funds are already sent through our website as well. 15% of funds are released to us only if the coin launches successfully.

50% equals to 50btc if the full amount of coins are sold. 15% is 15BTC if ALL the ICO coins are sold. Again, escrow terms are crystal clear. You have the freedom to not invest if you think the terms are incorrect.

Also ocminer, what were the terms that were fulfilled as you said that bittrex believed the terms were fulfilled?


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ugethit1 on September 02, 2014, 09:53:44 AM
Hey dev just do PoD and lie.  That's what some other dev have done.  The system is so easy to beat it is a joke. Tell cryptoasain a few lies and your GTG.  Why even bother to argue with the community about PoD?  Just fake your PoD like other devs have.



Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ocminer on September 02, 2014, 10:13:41 AM

Also ocminer, what were the terms that were fulfilled as you said that bittrex believed the terms were fulfilled?


I'm at work now, so I don't have enough (or so much) time to search trough the whole CLSTR Thread, but here is one point:

https://bittrex.zendesk.com/hc/en-us/articles/203082940-ClusterCoin-FAQ?input_string=clustercoin

Here are escrow terms:
Code:
Bittrex provides an escrow service between coin developers and traders who want a safe way to transact presale coins.  

Before starting the ICO, the developer must:

Provide Bittrex with wallet code for code review before adding the coin onto our website
Mine a genesis block with the premine;  Any coins not part of the ICO must be disclosed in the ANN thread
Transfer the premine to Bittrex
Disclose the terms of the ICO
The length of time for the ICO
The price / market cap for the premine
The conditions for a successful ICO; For instance, the developer will refund all investors if the ICO does not exceed 50% of the premine
The schedule for ICO payments;  This can be as much as a lump sum after 7 days of the ICO ending or a schedule of payments over a series of months
The coin team must provide working wallets for Windows, Mac, and Linux and a stable blockchain up to 3 days after the end of the ICO
Publicize the terms clearly on the ANN thread; A link that verifies Bittrex will hold the ICO will be provided and must also be posted on the ANN thread
Provide Bittrex a minimum non-refundable 5 BTC payment for hosting the escrow.  This will be used to buy back the ICO if it is cancelled.  The escrow fee can be increased depending on the complexity of the terms of the ICO.



So basically .. After the Blockchain was running for three days and all wallets were delivered, the terms were fullfilled. POD was requester AFTER that and just with lots of pressure from the community.


As stated before - I've got limited time now, but you can see everything for yourself @ the CLSTR Thread.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ocminer on September 02, 2014, 10:14:36 AM
Hey dev just do PoD and lie.  That's what some other dev have done.  The system is so easy to beat it is a joke. Tell cryptoasain a few lies and your GTG.  Why even bother to argue with the community about PoD?  Just fake your PoD like other devs have.



None have yet, ugethit.. stop that b*shit posting over and over again.. nWo has verified by C-Cex, not by CryptoAsian..


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ugethit1 on September 02, 2014, 10:16:29 AM
Hey dev just do PoD and lie.  That's what some other dev have done.  The system is so easy to beat it is a joke. Tell cryptoasain a few lies and your GTG.  Why even bother to argue with the community about PoD?  Just fake your PoD like other devs have.



None have yet, ugethit.. stop that b*shit posting over and over again.. nWo has verified by C-Cex, not by CryptoAsian..

Fuck you OCminer who are you to tell me what to do?  The only bullshit here is you telling people PoD has value. How do you know it hasn't been faked already?


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: Chris001 on September 02, 2014, 10:18:52 AM
Due to the need of community. We're using the user "devthedev" as escrow.

Rules for escrow:

Escrow will be starting today to October 1st. After the coin launch. said features WILL be delivered on the dates stated in the roadmap on official website.

October 1: Launch day, if there are no "huge" problem in launch. devthedev to release 15% of funds to us.

October 15: VendettaSend to be released for the first time. Immediately after release. devthedev shall send us 50% of escrow. Once VendettaSend is reported working by community.

October 26: Vendetta Hosting website to be release. This is however will start with the vendettahosting providing hosting services worldwide. Will include File hosting and VPS hosting. Once it's verified that the service is LIVE. devthedev should release the rest of the funds immediately.


We will be contacting devthedev with these terms.



Reposting escrow terms. If any of the terms are not met. devthedev is the one responsible for sending the coins back to investors.

Quote
And "Escrow" is really nothing worth - just take a look at CLSTR etc.

You're wrong. As far as I know. Everyone was refunded of that escrow. That was held by Bittrex. That is what escrow is for. What do you expect? Now if someone dumped their coins at below ico prices because they "thought" there was going to be no refund. They just listened to FUD. I have nothing to do with all that. Just explaining what happened!

Honestly what happened with CLSTR(fuck):

All of bittrex' terms for releasing the IPO were fullfilled, due to massive pressure of the community they and the dev were forced to do POD. Nobody really knows why - but the rumors say that the Dev tried to do POD with fake documents and CryptoAsian noticed that and stepped back from verifying the Dev and did NOT give POD. Bittrex then created a massive buy wall - as promised - and bought the coins back. They should have released the coins earlier since all terms were fullfilled for releasing though... (and they did almost)

I've read your IPO escrow terms and anyone can make his own opinion about it ..

How much BTC would 15 % and 50 % be ?  ;D


Yes, we got lucky on cluster

But what if in the escrow terms it said more than working wallet? More than just a blockchain?

If someone said today they were doing Kluster and in the escrow terms, until the cluster feature was working, the dev didn't get a dime.

Would  you invest then?

I think harsher escrow terms protect us more than POD in an ICO.

I'm not saying these terms in this coin are enough, cause yes, what if phase 1 is enough to run off, right.

But that only protects us in the ICO situation.

I can't see what can be done on a POW coin except POD

I just don't have as much faith in it as some I guess. Im not against it tho.

When it comes to mining, you might have noticed, I mine almost everything, if Im not sure its a scam, I throw $10 or more at it. Every ninja. But some are so bad you just know. The rest you lose most to the time, but when you hit you hit! some you can just tell like BTCD, KEY, ETC. Those were ninjas and they paid the bills for 6 months on just those two lol. I never download the wallet until it been awhile. Or something else makes me think they are ok.

I guess I'm just not as pissed at the scammers because I make a lot of money. Mostly trading. I got people who pay me to trade for them, and it's been going very very well.

So I don't feel as pissed as some people who may have lost all their BTC. I guess if I got hit by all these scammers and I was losing money I'd be more freaked out I would imagine.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ocminer on September 02, 2014, 10:22:56 AM
Hey dev just do PoD and lie.  That's what some other dev have done.  The system is so easy to beat it is a joke. Tell cryptoasain a few lies and your GTG.  Why even bother to argue with the community about PoD?  Just fake your PoD like other devs have.



None have yet, ugethit.. stop that b*shit posting over and over again.. nWo has verified by C-Cex, not by CryptoAsian..

Fuck you OCminer who are you to tell me what to do?  The only bullshit here is you telling people PoD has value. How do you know it hasn't been faked already?

Thanks for your love, ugethit1, hope your second account won't get hacked too :)

I can't "know" but it is at least a step in the right direction, there are not just people like you who like to be scammed over and over again, some people move in the right direction and are searching for solutions to be NOT scammed again.

POD is much better than nothing (and better than escrow - in my opinion), and I've tried to discuss with you yesterday in the RUBLE thread but it seems you're running out of arguments AGAIN and thats why you start getting personally.

http://media3.giphy.com/media/Ji3DYjsKrM7ks/giphy.gif


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ocminer on September 02, 2014, 10:24:04 AM
Due to the need of community. We're using the user "devthedev" as escrow.

Rules for escrow:

Escrow will be starting today to October 1st. After the coin launch. said features WILL be delivered on the dates stated in the roadmap on official website.

October 1: Launch day, if there are no "huge" problem in launch. devthedev to release 15% of funds to us.

October 15: VendettaSend to be released for the first time. Immediately after release. devthedev shall send us 50% of escrow. Once VendettaSend is reported working by community.

October 26: Vendetta Hosting website to be release. This is however will start with the vendettahosting providing hosting services worldwide. Will include File hosting and VPS hosting. Once it's verified that the service is LIVE. devthedev should release the rest of the funds immediately.


We will be contacting devthedev with these terms.



Reposting escrow terms. If any of the terms are not met. devthedev is the one responsible for sending the coins back to investors.

Quote
And "Escrow" is really nothing worth - just take a look at CLSTR etc.

You're wrong. As far as I know. Everyone was refunded of that escrow. That was held by Bittrex. That is what escrow is for. What do you expect? Now if someone dumped their coins at below ico prices because they "thought" there was going to be no refund. They just listened to FUD. I have nothing to do with all that. Just explaining what happened!

Honestly what happened with CLSTR(fuck):

All of bittrex' terms for releasing the IPO were fullfilled, due to massive pressure of the community they and the dev were forced to do POD. Nobody really knows why - but the rumors say that the Dev tried to do POD with fake documents and CryptoAsian noticed that and stepped back from verifying the Dev and did NOT give POD. Bittrex then created a massive buy wall - as promised - and bought the coins back. They should have released the coins earlier since all terms were fullfilled for releasing though... (and they did almost)

I've read your IPO escrow terms and anyone can make his own opinion about it ..

How much BTC would 15 % and 50 % be ?  ;D


Yes, we got lucky on cluster

But what if in the escrow terms it said more than working wallet? More than just a blockchain?

If someone said today they were doing Kluster and in the escrow terms, until the cluster feature was working, the dev didn't get a dime.

Would  you invest then?

I think harsher escrow terms protect us more than POD in an ICO.

I'm not saying these terms in this coin are enough, cause yes, what if phase 1 is enough to run off, right.

But that only protects us in the ICO situation.

I can't see what can be done on a POW coin except POD

I just don't have as much faith in it as some I guess. Im not against it tho.

When it comes to mining, you might have noticed, I mine almost everything, if Im not sure its a scam, I throw $10 or more at it. Every ninja. But some are so bad you just know. The rest you lose most to the time, but when you hit you hit! some you can just tell like BTCD, KEY, ETC. Those were ninjas and they paid the bills for 6 months on just those two lol. I never download the wallet until it been awhile. Or something else makes me think they are ok.

I guess I'm just not as pissed at the scammers because I make a lot of money. Mostly trading. I got people who pay me to trade for them, and it's been going very very well.

So I don't feel as pissed as some people who may have lost all their BTC. I guess if I got hit by all these scammers and I was losing money I'd be more freaked out I would imagine.


Sounds good.. make escrow community driven .. Make a poll, so they get funds when the community feels they have delivered "enough" to be funded ... Good idea !


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: DeCrypterManiac on September 02, 2014, 10:25:16 AM
Hey dev just do PoD and lie.  That's what some other dev have done.  The system is so easy to beat it is a joke. Tell cryptoasain a few lies and your GTG.  Why even bother to argue with the community about PoD?  Just fake your PoD like other devs have.



None have yet, ugethit.. stop that b*shit posting over and over again.. nWo has verified by C-Cex, not by CryptoAsian..

Fuck you OCminer who are you to tell me what to do?  The only bullshit here is you telling people PoD has value. How do you know it hasn't been faked already?

He trying to save your ass you faggot


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: bitcoinbboyce on September 02, 2014, 10:25:23 AM
Deleting posts already, I would watch out for this one guys.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: powersup on September 02, 2014, 10:25:42 AM
Dev still hasn't given an answer WHY he will not do POD.

I urge you to exercise extreme caution before investing in this.

15% is still 15BTC for releasing a working POW scrypt wallet.  you can get someone to make this for under 0.1BTC.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ocminer on September 02, 2014, 10:26:04 AM
Deleting posts already, I would watch out for this one guys.

Noticed that too...

Sad..

Another Flag...


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: vendettac on September 02, 2014, 10:26:21 AM

Also ocminer, what were the terms that were fulfilled as you said that bittrex believed the terms were fulfilled?


I'm at work now, so I don't have enough (or so much) time to search trough the whole CLSTR Thread, but here is one point:

https://bittrex.zendesk.com/hc/en-us/articles/203082940-ClusterCoin-FAQ?input_string=clustercoin

Here are escrow terms:
Code:
Bittrex provides an escrow service between coin developers and traders who want a safe way to transact presale coins.  

Before starting the ICO, the developer must:

Provide Bittrex with wallet code for code review before adding the coin onto our website
Mine a genesis block with the premine;  Any coins not part of the ICO must be disclosed in the ANN thread
Transfer the premine to Bittrex
Disclose the terms of the ICO
The length of time for the ICO
The price / market cap for the premine
The conditions for a successful ICO; For instance, the developer will refund all investors if the ICO does not exceed 50% of the premine
The schedule for ICO payments;  This can be as much as a lump sum after 7 days of the ICO ending or a schedule of payments over a series of months
The coin team must provide working wallets for Windows, Mac, and Linux and a stable blockchain up to 3 days after the end of the ICO
Publicize the terms clearly on the ANN thread; A link that verifies Bittrex will hold the ICO will be provided and must also be posted on the ANN thread
Provide Bittrex a minimum non-refundable 5 BTC payment for hosting the escrow.  This will be used to buy back the ICO if it is cancelled.  The escrow fee can be increased depending on the complexity of the terms of the ICO.



So basically .. After the Blockchain was running for three days and all wallets were delivered, the terms were fullfilled. POD was requester AFTER that and just with lots of pressure from the community.


As stated before - I've got limited time now, but you can see everything for yourself @ the CLSTR Thread.

Compare your those terms with the terms I have already posted in this thread. There's huge difference. In CLSTR you were paying the 100% to only get the coin launched and blockchain working for 3 days. Here we're dividing the ICO in 3 different phases.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: vendettac on September 02, 2014, 10:28:08 AM
Deleting posts already, I would watch out for this one guys.

Noticed that too...

Sad..

Another Flag...

IT already says in the huge words that accusations and name calling will be deleted. It is stated in the thread already. I have not deleted any questions at all. Feel free to ask a question.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ugethit1 on September 02, 2014, 10:29:38 AM
My account was hacked because my password wasn't strong.  When I made the account I didn't bother to use a strong password.  It wasn't malware that hacked my account.  I never logged into my account from the computer I use for wallets.

I agree that PoD is better then nothing.  Sadly it is like putting up a fence made of paper around your yard and expecting it to keep out the wolves.  I would like to see a better fence is all.  The difference between you and me OCminer is I want people to be safe.  You want people to feel safe.  Feeling safe is great till they lose all their money.  Being safe stop them from losing all their money.  Now be honest which is better?





Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ancientcoins on September 02, 2014, 10:34:04 AM
lol he wants 100btc in ipo lol. your idea isn't even that good.

it is the end of ipo coins, just how pre-mine used to make scammers money ipo will end too. only the few legit ones will succeed.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: Chris001 on September 02, 2014, 10:38:56 AM
Ok dev

As you can see, I think you are on the right track

BUT NOT THERE YET.

The first term can't be just a working wallet and blockchain or whatever.

So make the escrow terms have TEETH early, and I think you will have something going.

It has to be a STRONG ESCROW Agreement.

Basically, if we get screwed, you get nothing.

You do that and I think you will have people joining you in your effort.

What's the big problem with POD anyway? If it is important to your community and your investors, why not work with them?


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ancientcoins on September 02, 2014, 10:39:41 AM
Ok dev

As you can see, I think you are on the right track

BUT NOT THERE YET.

The first term can't be just a working wallet and blockchain or whatever.

So make the escrow terms have TEETH early, and I think you will have something going.

It has to be a STRONG ESCROW Agreement.

Basically, if we get screwed, you get nothing.

You do that I think you will have people joining you in your effort.

What's the big problem with POD anyway? If it is important to your community and your investors, why not work with them?

i think he should get 1% escrow every 3 days


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ocminer on September 02, 2014, 10:40:38 AM
My account was hacked because my password wasn't strong.  When I made the account I didn't bother to use a strong password.  It wasn't malware that hacked my account.  I never logged into my account from the computer I use for wallets.

I agree that PoD is better then nothing.  Sadly it is like putting up a fence made of paper around your yard and expecting it to keep out the wolves.  I would like to see a better fence is all.  The difference between you and me OCminer is I want people to be safe.  You want people to feel safe.  Feeling safe is great till they lose all their money.  Being safe stop them from losing all their money.  Now be honest which is better?



I also want people to be safe.

The difference between you and me is that I'm actually working together with the ones who want crypto/altcoins to be safer than before. I started choosing the coins which I add to my pools and I'm not adding EVERY coin to suprnova. I try to make things more secure for the miner, I review code and I also help (legit) Devs with coding and getting their bugs/forks/twirks worked out.

You, at least currently, are just insulting people and are of no help.. You say everything is shit, POD is shit, escrow is shit and everything is bad.

If everyone would go your way, we'd live in wild anarchy until the end of the century and everyone would stab and scam other people.

First good point which came out of this thread is the Idea of Community Driven Escrow by Chris001...  You see ? That is what happens when the community works together..

Lets work together...


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: vendettac on September 02, 2014, 10:45:16 AM
lol he wants 100btc in ipo lol. your idea isn't even that good.

We have run a file hosting business before. And we have earned over $1000 in cash in the first month. You can expect a lot more than that. Personally I will not try to lure you into a fancy ideas. 100BTC is not really a lot at all. And we're not even overpricing in our ico. Things don't happen overnight.

Quote
Ok dev

As you can see, I think you are on the right track

BUT NOT THERE YET.

The first term can't be just a working wallet and blockchain or whatever.

So make the escrow terms have TEETH early, and I think you will have something going.

It has to be a STRONG ESCROW Agreement.

Basically, if we get screwed, you get nothing.

You do that I think you will have people joining you in your effort.

What's the big problem with POD anyway? If it is important to your community and your investors, why not work with them?


I have stated escrow terms before. I am going to delete this regular stupid comments. And if anyone takes the comment deleting as a false flag. I don't care at all.

Well, I have stated things clearly.

I am still going to wait for the word from devthedev. He is a experienced escrow and he might have better ideas to safeguard the community funds. After all that's what you all want.

I am going to take the word from the investors and write down the escrow terms A to Z the way you like. As long as my identity is protected. I will continue with the escrow. I don't have anything to add anymore once I have given the full authority to investors to write and or update the escrow terms as long as they make sense.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ancientcoins on September 02, 2014, 10:46:44 AM
do you we have another vendetta coin https://bitcointalk.org/index.php?topic=427255.0


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: TimC on September 02, 2014, 10:49:38 AM

While there is a solution to escrow. There is no need for POD. isn't it?

Well.. No need..  I would not say that..  Certainly POD delivers an extra 'feel'  of security..  Things Look much more honest and 'legit'  with pod instead of a simple escrow..  

Personally I would not invest in some Internet junk from 'some guy on the Internet'  where 'some Other guy from the Internet' does the escrow but both dont know each Other...

But you do know about the recent scams here?
:)

You are selling software (the coin) and we want to know if you know how to maintain your software project. That is why a POD is being requested by more and more people BEFORE they mine or buy coins. Since any person can copy and paste and there are less people that know how to code software. Are you a programmer or a copy/paster. A programmer will get a POD done where a scammer/copy paster will not.





Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ugethit1 on September 02, 2014, 10:55:55 AM
Sorry you don't like it when someone points out how flawed PoD is.  It offers no protection to the investor because with little to no effort it can be faked.  I ask for reform.  You say I am not helpful.  You maybe right.  Then again informing others that PoD is only a half measure may just save them some money.  So maybe I am helping others.  

I never said everything is shit Ocminer, you would do well to speak for yourself instead of trying to put words in my mouth.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ocminer on September 02, 2014, 11:06:13 AM
Sorry you don't like it when someone points out how flawed PoD is.  It offers no protection to the investor because with little to no effort it can be faked.  I ask for reform.  You say I am not helpful.  You maybe right.  Then again informing others that PoD is only a half measure may just save them some money.  So maybe I am helping others.  

I never said everything is shit Ocminer you would do well to speak for yourself instead of trying to put words in other's mouths.

Lol mate..

I think I'm THE one who speaks for himself.. or do you see any other "troll" asking legit questions in all the newbie accounts/no pod coin releases in the last weeks ? :)

I can quit doing that and we can just go on like before .. without pod, without "community" without doing anything against the scams and we'll see how long this massive scam-o-polis can go on...

Personally I really like the idea of the community driven escrow.

The funds are held by an escrow member - there are no static rules like "When the Blockchain is up 15% of the funds have to been paid out" - The community decides when the funds will be released. This incorporates many things like responsiveness of the dev, innovations, "feelings" about how the thread/coin develops etc.. Very safe in my mind.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: powersup on September 02, 2014, 11:06:29 AM
Sorry you don't like it when someone points out how flawed PoD is.  It offers no protection to the investor because with little to no effort it can be faked.  I ask for reform.  You say I am not helpful.  You maybe right.  Then again informing others that PoD is only a half measure may just save them some money.  So maybe I am helping others.  

I never said everything is shit Ocminer you would do well to speak for yourself instead of trying to put words in other's mouths.

POD isnt perfect, and you still need to do a little research yourself.  Also keep in mind the POD is a rating system 1 - 5.  Personally I wouldnt invest in a coin where the dev only receives a 1 to 3 rating.  Cryptoasian also give a detailed overview on how much is known of the dev and his expected coding ability.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: DeCrypterManiac on September 02, 2014, 11:07:32 AM
Sorry you don't like it when someone points out how flawed PoD is.  It offers no protection to the investor because with little to no effort it can be faked.  I ask for reform.  You say I am not helpful.  You maybe right.  Then again informing others that PoD is only a half measure may just save them some money.  So maybe I am helping others.  

I never said everything is shit Ocminer, you would do well to speak for yourself instead of trying to put words in my mouth.

So what offers the protection ?


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: cryptoknightt on September 02, 2014, 11:18:14 AM
lol he wants 100btc in ipo lol. your idea isn't even that good.

We have run a file hosting business before. And we have earned over $1000 in cash in the first month. You can expect a lot more than that. Personally I will not try to lure you into a fancy ideas. 100BTC is not really a lot at all. And we're not even overpricing in our ico. Things don't happen overnight.

Quote
Ok dev

As you can see, I think you are on the right track

BUT NOT THERE YET.

The first term can't be just a working wallet and blockchain or whatever.

So make the escrow terms have TEETH early, and I think you will have something going.

It has to be a STRONG ESCROW Agreement.

Basically, if we get screwed, you get nothing.

You do that I think you will have people joining you in your effort.

What's the big problem with POD anyway? If it is important to your community and your investors, why not work with them?


I have stated escrow terms before. I am going to delete this regular stupid comments. And if anyone takes the comment deleting as a false flag. I don't care at all.

Well, I have stated things clearly.

I am still going to wait for the word from devthedev. He is a experienced escrow and he might have better ideas to safeguard the community funds. After all that's what you all want.

I am going to take the word from the investors and write down the escrow terms A to Z the way you like. As long as my identity is protected. I will continue with the escrow. I don't have anything to add anymore once I have given the full authority to investors to write and or update the escrow terms as long as they make sense.

This is a great move by your part dev.

People are worried when you want to hide your identity, but jl777 won't even let his voice get recorded, and seems to feel the same as you do about his identity being protected.

The problem is you don't have the trust already, so letting the community decide what escrow terms would protect them is a big step in letting your community know that you have their best interest in mind as well.

Now you just have to follow though with this train of thought.

I don't know if a dev has ever offered this before.

What does the community think would protect us?


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ugethit1 on September 02, 2014, 11:18:42 AM
That is the point.  There is no protection.  All you can do is vet the code.  Then you watch and see what the devs are up to.  If you like what you see invest.  If not don't invest.  Trust PoD if you like.  But understand it can be faked.  Infact only a fool wouldn't lie when doing PoD.  

This is from yesterday.

People here seem to lack the ability to put themselves in the shoes of a dev.  Imagine for 1 minute that you are a dev.  A dev with the purest of intentions to make a good coin.  You know that doing PoD is a good way to gain the communities trust.  So you do PoD.  Here is the thing.  Would you A tell the truth knowing that if you fail someday someone who lost money on your failure could come looking to hurt you and your family?  Or B lie about who you are even though your intentions are pure in a effort to protect yourself and your family from some pycho who may come looking for you?

I think only a fool would tell the truth in that spot. The guy who tells the truth would find it hard to protect his family from an unknown person coming to harm them for him failure. Lets face it 95% of coins fail.   All you end up doing is what your seeing.  No coins being released because even the honest devs are scared/unwilling to give their personal info to this community.

If for no other reason then protecting your family lying on your PoD is a good idea.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ocminer on September 02, 2014, 11:33:42 AM
That is the point.  There is no protection.  All you can do is vet the code.  Then you watch and see what the devs are up to.  If you like what you see invest.  If not don't invest.  Trust PoD if you like.  But understand it can be faked.  Infact only a fool wouldn't lie when doing PoD.  

This is from yesterday.

People here seem to lack the ability to put themselves in the shoes of a dev.  Imagine for 1 minute that you are a dev.  A dev with the purest of intentions to make a good coin.  You know that doing PoD is a good way to gain the communities trust.  So you do PoD.  Here is the thing.  Would you A tell the truth knowing that if you fail someday someone who lost money on your failure could come looking to hurt you and your family?  Or B lie about who you are even though your intentions are pure in a effort to protect yourself and your family from some pycho who may come looking for you?

I think only a fool would tell the truth in that spot. The guy who tells the truth would find it hard to protect his family from an unknown person coming to harm them for him failure. Lets face it 95% of coins fail.   All you end up doing is what your seeing.  No coins being released because even the honest devs are scared/unwilling to give their personal info to this community.

If for no other reason then protecting your family lying on your PoD is a good idea.


Ah... So every one of this coin has a fake ID:

http://cryptoasian.com/coin-list/


You do not understand that POD means NOT that you're wildly reveal your identity open for anybody, it just means you get in touch with CryptoAsian (or another "Escrow" holder) and proof it to them. He will hold it secretly and won't share it, this was already tried with CLSTR and he did not reveal anything.

Look here:

http://cryptoasian.com/proof-of-developer-faq/


It's simply stupid to say "We need to move on like this - just be "smart" and "smell" the scam from the start.. some are scams, some are not..." I don't understand what you are trying to protect or to hide, we simply need to get things managed correctly and get moved forward instead of stepping on the same place all the time..

Lets make a short example.. Maybe you understand it better then..

I knew of a Coke vending machine who would accept foreign coins for a quarter. The foreign coins are only worth a penny or so. This worked for about 2 weeks - until the manufacturer/operator noticed about the "scam". They then changed the way the machine accepts coins and added more security - if its hardware or software - i don't know but the machine does not accept this foreign coin anymore, you cannot scam it anymore with it. Simple - isn't it ?


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ocminer on September 02, 2014, 11:34:30 AM

The problem is you don't have the trust already, so letting the community decide what escrow terms would protect them is a big step in letting your community know that you have their best interest in mind as well.

Now you just have to follow though with this train of thought.

I don't know if a dev has ever offered this before.

What does the community think would protect us?

+1

And here we see the progress...


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: Chris001 on September 02, 2014, 11:39:30 AM
Roadmap

http://vendettacoin.pw/wp-content/uploads/2014/08/timeline1.png


Ok, so here we see the roadmap

Can you wait until OCT 30

Less than 60 days to collect your money?

With the condition that all off the features are fully functional, and you then receive your money?


I think if you give these kinds of assurances, you will have a very strong community behind you, and be very successful in raising money in your ICO.

After people have lost so much money, people are dying for the real thing, Look at Neoscoin, it sold out in 11 hours because the community was comfortable because the dev twotrutles had some very strong and respected members of the community vouching for him,

AND more importantly, he did screencasts, showing the community what he was making, and put them on youtube for all to see.

No one had any doubts, and poof sold out in 11 hours and is now 3x the ICO price and only going up!!

Why? Because people are looking for good projects, they are hard to find

So can you wait until the 30th of Oct to receive your BTC?

I think if you can agree to complete your roadmap up to that point, this will gain you trust



What does the community think of this? If the devs can agree to this, they can have my investment, but what does the rest of the community think?

And what does the dev think? If you can do this I think you may rise up above of all the shit thats out there as a legit coin.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ugethit1 on September 02, 2014, 11:50:48 AM
I knew of a Coke vending machine who would accept foreign coins for a quarter. The foreign coins are only worth a penny or so. This worked for about 2 weeks - until the manufacturer/operator noticed about the "scam". They then changed the way the machine accepts coins and added more security - if its hardware or software - i don't know but the machine does not accept this foreign coin anymore, you cannot scam it anymore with it. Simple - isn't it ?

So what your saying is your a scammer of coke machines?  This is me putting words in your mouth like you are trying to put them in mine.  

I want reform of a flawed system as much as anyone.  But PoD isn't the answer.  There is nothing to stop someone from lying during this PoD.  Therefor it can't be trusted. Would you agree or disagree that if that is case then PoD is worthless?


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: Chris001 on September 02, 2014, 11:51:36 AM
My account was hacked because my password wasn't strong.  When I made the account I didn't bother to use a strong password.  It wasn't malware that hacked my account.  I never logged into my account from the computer I use for wallets.

I agree that PoD is better then nothing.  Sadly it is like putting up a fence made of paper around your yard and expecting it to keep out the wolves.  I would like to see a better fence is all.  The difference between you and me OCminer is I want people to be safe.  You want people to feel safe.  Feeling safe is great till they lose all their money.  Being safe stop them from losing all their money.  Now be honest which is better?



I also want people to be safe.

The difference between you and me is that I'm actually working together with the ones who want crypto/altcoins to be safer than before. I started choosing the coins which I add to my pools and I'm not adding EVERY coin to suprnova. I try to make things more secure for the miner, I review code and I also help (legit) Devs with coding and getting their bugs/forks/twirks worked out.

You, at least currently, are just insulting people and are of no help.. You say everything is shit, POD is shit, escrow is shit and everything is bad.

If everyone would go your way, we'd live in wild anarchy until the end of the century and everyone would stab and scam other people.

First good point which came out of this thread is the Idea of Community Driven Escrow by Chris001...  You see ? That is what happens when the community works together..

Lets work together...

Thanks Ocminer!!

And ugethit, I have seen you help to expose scams and help people out before. I think Carson paid whatever he had to get your acct as payback. But you stood up for what you believed in.

So work with us,

We will only win if we all work together, including the devs that are really trying to make legit coins, there are not many, so we need to figure out who they are and support them!!


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ugethit1 on September 02, 2014, 11:53:27 AM
Like I said man I hate scammers.  Sadly I don't think PoD will stop them.  I want what we all want.  I want scammers to stop.

I did consider the fact that the mods of this forum could have changed my password and sold the account to someone who wanted revenge.  But in the end I figured it was just someone who picked a user account name and hacked it. 


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ocminer on September 02, 2014, 11:55:34 AM
I knew of a Coke vending machine who would accept foreign coins for a quarter. The foreign coins are only worth a penny or so. This worked for about 2 weeks - until the manufacturer/operator noticed about the "scam". They then changed the way the machine accepts coins and added more security - if its hardware or software - i don't know but the machine does not accept this foreign coin anymore, you cannot scam it anymore with it. Simple - isn't it ?

So what your saying is your a scammer of coke machines?  This is me putting words in your mouth like you are trying to put them in mine.  

I want reform of a flawed system as much as anyone.  But PoD isn't the answer.  There is not to stop someone from lying during this PoD.  Therefor it can't be trusted. Would you agree or disagree that if that is case then PoD is worthless?

Lol I did not say i used the coke machine.. Maybe I was the operator and got scammed... and then fixed it..

POD is not the (whole) answer but it is a step in the right direction .. We've found another step in the right direction in this thread.. Community driven escrow..  

So two steps are better than none


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ugethit1 on September 02, 2014, 11:57:13 AM
I gathered that you weren't the one doing the scamming Ocminer.  I was just making the point that you keep trying to put words in my mouth.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ocminer on September 02, 2014, 11:58:38 AM
I gathered that you weren't the one doing the scamming Ocminer.  I was just making the point that you keep trying to put words in my mouth.

I'm not man.. And I apologize if you feel that way, it wasn't supposed to.

I just try to point miners/users especially newbies in the right direction and give them a heads up.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: vendettac on September 02, 2014, 12:23:20 PM
Roadmap



Ok, so here we see the roadmap

Can you wait until OCT 30

Less than 60 days to collect your money?

With the condition that all off the features are fully functional, and you then receive your money?


I think if you give these kinds of assurances, you will have a very strong community behind you, and be very successful in raising money in your ICO.

After people have lost so much money, people are dying for the real thing, Look at Neoscoin, it sold out in 11 hours because the community was comfortable because the dev twotrutles had some very strong and respected members of the community vouching for him,

AND more importantly, he did screencasts, showing the community what he was making, and put them on youtube for all to see.

No one had any doubts, and poof sold out in 11 hours and is now 3x the ICO price and only going up!!

Why? Because people are looking for good projects, they are hard to find

So can you wait until the 30th of Oct to receive your BTC?

I think if you can agree to complete your roadmap up to that point, this will gain you trust



What does the community think of this? If the devs can agree to this, they can have my investment, but what does the rest of the community think?

And what does the dev think? If you can do this I think you may rise up above of all the shit thats out there as a legit coin.

I can quite agree on this. I'd still like to add that if these features are delivered. And the coin's price goes down below ICO. I will not be responsible. I will also NOT setup any buying support. I do not believe in setting up any buying support to buy back the coins from others. I will get back to this thread asap after some further discussions over here.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ugethit1 on September 02, 2014, 12:54:26 PM
The specs on this coin make it hard to believe that it is a worthwhile investment.  Fairly sure this guy could give a DNA sample and few if any would invest because the current specs.  You should consider reviewing and changing those spec to something people are more likely to invest in.  Good luck on that.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: MinerMario on September 03, 2014, 01:15:13 AM
The specs on this coin make it hard to believe that it is a worthwhile investment.  Fairly sure this guy could give a DNA sample and few if any would invest because the current specs.  You should consider reviewing and changing those spec to something people are more likely to invest in.  Good luck on that.

Five pages of quibbling over the *devs* take, and absolutely no information about the coin or it's potential uses. It's all about what am I getting now and up front, not what is going to happen down the line.

That to me is the biggest flag out there.

Outta here. The smell of shitcoin is strong in this one.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: vendettac on September 03, 2014, 07:37:28 AM
Hi, we decided to stop the crowd funding and rethink of the coin from the start. I have sent emails to investors and will await for your response to refund your BTC.

Thank you. Please send email to admin@vendettacoin.pw to get a refund as soon as possible.


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: ParmaBTC on September 03, 2014, 07:57:47 AM
Received mail from Dev,
Quote
Hello, a note has just been added to your order:

    Hi, we decided to stop the crowd funding and put the project on hold for now. So I am responsible for refunding the investments. Please provide me your btc address so I can send your investment back.

For your reference, your order details are shown below



Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: DeCrypterManiac on September 03, 2014, 08:00:56 AM
Received mail from Dev,
Quote
Hello, a note has just been added to your order:

    Hi, we decided to stop the crowd funding and put the project on hold for now. So I am responsible for refunding the investments. Please provide me your btc address so I can send your investment back.

For your reference, your order details are shown below



Me too, i think ocminer saved our ass once again


Title: Re: [ANN] VendettaCoin - Scrypt - POW - VendettaHosting - Business Profit Share
Post by: vendettac on September 03, 2014, 01:09:21 PM
Have refunded the investors.


Will be updating the thread again with the final news about the project.