vlad2vlad "sold" the name to Ganza for a bunch of xpy and hilariously tries to pump it up every now and again.

Whatever happened to the real Paycoin? I remember mining a Scrypt coin called Paycoin (PYC) on my GPUs.

Thanks 4 correction.

I wonder who he stole it from? 

The rest of my mockery still stands....

Billboard seen near Knoxville, TN:



 

Oh, I see. So *we* can't rewrite history but *they* can. Why even bother using a blockchain if a single entity has complete control of it? Why use proof of work if the difficulty is fixed at zero? It all sounds incredibly dodgy.

I especially liked the part where they claim the wallet is open source, but then don't make the source available "because security". Like it's secure to download and run random binaries from the Internets?

Doesn't that mean it's trivial to rewrite the blockchain and double-spend successfully?

I understand it is premined. But without mining how do blocks get made? How do transactions get confirmed?

so it will be pumped without restrain

I was excited about this since at first glance Halsey Minor seemed to have a stellar reputation, but then I found this (see "Business projects" and "Legal complications"):

https://en.wikipedia.org/wiki/Halsey_Minor

It seems that he doesn't have much of a reputation to protect at this point.