Wonder which one JohnSmith falls under 

Slapped him with evidence that BTCN dev is a completely different person than Captain, but no he has secret evidence.

"I don't want your money, I want Captain's money and not pennies now
if when one of the projects gets enough liquidity" - JohnSmith

JohnSmith, the guy who FUDs DERO while hoping it gains value so he can poorly execute some blackmail. 

Brainless seems about right

I know which evidence you're referring to, but I'm afraid I remain uncompelled to believe they're the same devs. In fact, I used the same logic when someone impersonated the ETNX developer and claimed Captain was a co-developer. Apparently it is not uncommon for these projects to be appended with... Hmm, well you know.


Regarding the actual project, perhaps you think the fact that it has 10sec blocks is also compelling. Let me say that there doesn't appear to be anything revolutionary about this project. The block time was changed to 10 seconds and it suffers from the same double spend problems & orphan problems any CryptoNote coin does. In fact, with a settlement time of 100 seconds, "BTCN" should be highly vulnerable to attack.


I am afraid your discord tag was well earned. Please seek more evidence before continuing to FUD this project.

You continue to lose respect when you take the focus off any legitimate issues and try to make a fuss about nothing. The only people in the DERO inner circle who have dumped their coins between Jul 3 and now, is you and Serena.

Look at the TX on the block explorer, there are 8 inputs. The numbers do add up

I am not apposed to seeing the entire TX history of the premine wallet, but there is exactly zero evidence that anything nefarious has taken place. All the data available proves that ALL of the DERO received between block 1 and block 72 has not been touched. There is not a dime of evidence to the contrary.

However, at any point between the last screenshot and now (a few days) Captain could have sent 2,000,200 coins to an exchange and no one would be wiser. The view key only enables us to see what has been received. A new clear plan for the pre-mine needs to be presented to the community, and locks should be put in place.

Code review should take place in <12H.

Mojo, if you're really trying to help, stick to facts, not speculation.

Addressing an earlier point about the current code base not being released, but rather Atlantis V2, I would like to present a theory.

Everyone knows the source code was not released to qualified cryptographers that Serena had found, why? Why was the source code not released following mainnet? Does anyone remember this conversation?

https://www.reddit.com/r/CryptoCurrency/comments/8pnt1u/dero_creates_a_new_type_of_dag/

Serena?

Here's what I think and know. Bulletproofs were added to mainnet before audit was complete (inappropriate).
The audit was not complete and since there was a risk of vulnerabilities, Captain chose not to release the cryptography outside his inner circle, especially now that the code was running on mainnet (theory).

Captain - "Code will be released only after audits are completed and if any necessary actions required are taken.". Audits have recently completed (according to Cap), and now code release to devs is following shortly after.

Anyone read this article?:

https://ethereumworldnews.com/monero-bulletproof-protocol/

My final thoughts.. Bulletproofs were added before audit was done (wrong to do), captain didn't want to share code with people who had no liability (questionable), some minor or major issues were found as a result of the audit which are being implemented into "Atlantis V2" and we will never see any code before this version.

If you count all the transactions received up until block height 72, it perfectly matches the balance available in the screenshot posted July 3rd.



It's also likely that Cap sent himself a flat 2,000,200 coins instead of the entire wallet balance.

Here are the likely inputs:

2000000+31.369672915858+31.369613082955+31.369553250166+31.369493417492+31.369433584932+31.369373752485+18.734686079847

What you're left with (after fee?) is approximately the 6.83996 change


There doesn't appear to be any conspiracy here, Sorry Mojo

How will miners be able to mine the new algorithm? Will there be a fork of xmr-stak similar to IPBC?

It seems the ASIC owners are not eager to sell their share of DERO. I am not sure how this will play out in the long term, but for now the price is rising rapidly and so is the volume. A 20,000 buy order has been placed at 0.00015000 BTC per DERO. This is huge and should reinforce the current cost.

Also, DERO currently has a 24 hour trade volume of $85,000, $15,000 shy of coinmarketcap's listing requirement. Getting listed on coinmarketcap could bring a significant amount of attention to the project and grow the community.

I hope that DERO will consider forking to v7 as soon as possible. DERO could fork again to their own custom POW once it is ready. The nethash is up over 100MH/s, one person, or at least a small group of ASIC owners are getting the lion share of mining rewards released. The ~37,000 DERO released daily is enough to completely annihilate the buy orders of both exchanges. ASIC owners will only be interested in recouping their investment costs as soon as possible. Whoever is getting all of the DERO released cannot sell all of their rewards as the price would plummet.

I would assume that a fair amount of DERO is being put aside from these miners for future sale at a more opportune time. This could significantly thwart DERO's future momentum in the market.