A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.

You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.

They use a different BTC address for each crowdsale transaction, so you can't even verify that people are even joining the ICO. This also means you can't really ever find out how much they raised.

Put this along with that the PR guy can't even explain what the hell they are even doing, and the fact that they have no proof of what they claim, orbwho they are, you can clearly see this is a scam.

If you send money to these guys, you deserve to be ripped off.

Plain and simple.

They also refuse escrow

 

[Tangle vs Blockchain]

If you don't know who CFB is then add that to your research, too.

BITCOIN VS IOTA

Tangle vs Blockchain
Iota’s blockchain solves the following problems of its blockchain cousin:

Centralization of control
As history shows, small miners form big groups to reduce variation of the reward. This leads to concentration of power (computational and political) in hands of few pool operators and gives them ability to apply wide spectrum of policies (filtering, postponing) on certain transactions. Although there are no known cases where pool operators abused their power, there have been several instances where the opportunity were present. This possibility in a monetary system powering a multibillion (in USD) industry is completely unacceptable.

“Obsolete” cryptography
Although large scale quantum computers do not exist yet, future oriented companies have already begun initiating the steps towards quantum-resistant cryptography. From a security point of view it makes perfect sense to assume that hardware capable of cracking classical cryptoalgorithms may appear in the very near future, so preparation is the only defense.

Inability to conduct micropayments
Transaction fees are used to cover miner expenses and mitigate spam-attacks. They also set a threshold on the minimum amount of a payment below which money transfers become inexpedient.

Partition intolerance
Blockchain-based currencies are unable to survive long-sustained partitioning of the network because this may lead to reversal of a large number of transactions. It is also impossible to initiate an intentional partitioning in cases when it is required.

Discrimination of participants
Existing cryptocurrencies are heterogeneous systems with clear separation of roles (transaction issuers, transaction approvers). Such systems create unavoidable discrimination of some of their elements which in turn creates conflicts and makes all elements spend resources on conflict resolution.

Scalability limits
Some cryptocurrencies have hard limits on the maximum transaction rate and this limits cannot be removed in a decentralized manner. A magic number of a limit set before the launch cannot satisfy requirements of a system unless it is set by a person with extraordinary prediction skill. A too low value may hinder growth of the userbase, a too high value may open system to different kinds of attacks.

High requirements for hardware
Bitcoin-derived cryptocurrencies use its original script-based approach which allows implementation of a wide range of use-cases. Other currencies use an approach similar to one used by banks but add extra features. They both substantially raise requirements for hardware because of complex transaction processing logic.

Unlimited data growth
Storing of all state transitions leads to fast growth of data while does not increase stored balance information significantly. This inefficiency cannot be removed even with data pruning technique and high popularity of the currency may lead to its collapse.


http://cointelegraph.com/news/115508/iota-a-blockchain-less-gasp-token-for-the-internet-of-things

Not looking for crazy rates.
Fair trade.
Market price at time of trade
We split WU fees.
Escrow is fine if you want to pay it.
Let me know, in no hurry

Thanks

I believe the reason that no altcoin has had any success at all is because we keep using the same failed approach.

What we see now is centralized organizations creating and controling peer-to-peer crypto currencies.

The actual cryptocurrency itself is decentralized in nature, but what we have been doing here is not decentralized at all.

Here is a part of the introduction of the book "The Starfish and the Spider" by:  ORI   BRAFMAN   and   ROD  A. BECKSTROM


We look for hierarchy all around us. Whether we're looking at a Fortune 500 company, an army, or a community, our natural reaction is to ask, "Who's in charge?"

...what happens when there's no one in charge.
It's about what happens when there's no hierarchy. You'd think there would be disorder, even chaos. But in many arenas, a lack of
traditional leadership is giving rise to powerful groups that are turning industry and society upside down.

In short, there's a revolution raging all around us.

No one suspected that Shawn Fanning, sitting in his dorm room at Northeastern University in 1999, was about to change the world. The eighteen-year-old freshman typed at his computer and wondered what would happen if people could share music files with one another. Fanning came up with Napster, an idea that would deliver a crushing blow to the recording industry. But he wasn't at the head of this attack--the entire battle was waged by an army of music-sharing teens, college students, and, eventually, iPod-carrying businessmen.

Half a world away, when Osama bin Laden left Saudi Arabia and traveled to Afghanistan, hardly anyone realized that in just a few years he would become the most wanted man in the world. At the time, his power appeared limited. After all, what could a man operating out of a cave really do?

But al Qaeda became powerful because bin Laden never took a traditional leadership role.

In 1995 a shy engineer posted online listings of upcoming events in the San Francisco Bay Area. Craig Newmark never dreamed that the site he launched would forever alter the newspaper industry.

In 2001 a retired options trader set out to provide free reference materials to kids around the world. He never thought that his efforts would one day allow millions of strangers to use something called a "wiki" to create the biggest information depository of our time.

The blows to the recording industry, the attacks of 9/11, and the success of online classifieds and a collaborative encyclopedia were all driven by the same hidden force. The harder you fight this force, the stronger it gets. The more chaotic it seems, the more resilient it is. The more you try to control it, the more unpredictable it becomes.

Decentralization has been lying dormant for thousands of years. But the advent of the Internet has unleashed this force, knocking down traditional businesses, altering entire industries, affecting how we relate to each other, and influencing world politics.

The absence of structure, leadership, and formal organization, once considered a weakness, has become a major asset. Seemingly chaotic
groups have challenged and defeated established institutions.

The rules of the game have changed.




First and foremost, this will take awhile. So if you are impatient, you may get frustrated.


The idea is to first build the organization and community, then we build the coin itself further down the road. Maybe we can use an already established system and build on top of it. I don't know. It will be up to the community.

Step one is to put together a decentralized movement.

Then find the people with the skills necessary to accomplish all the tasks for the coins success, and we will work together to spread that knowledge across the group, establish norms the participants will follow, and find out how to make each new member a powerful addition to our ability to disrupt the established centralized control over commerce.

This is a very basic explanation of how this will work.

Everyone involved will work for an interest in the finished project.

Only after we have established a resilient, decentralized movement, will we move to creating a platform/coin in whatever shape it takes.

Then we sell the coins to the public/users. Or maybe we wont sell them. I don't know what will happen. It will be up to all of us.

So if you have always wanted to be a part of a coin, and/or a decentralized movement that will change the way "money" is viewed, used, created, and controlled, then reply in this thread.

Maybe you are like I was, and think being active in this forum, and being a part of the cryptocurrency movement is moving towards having a new currency without centralized control.

How is that working out? It never happened, did it?

That's why none of them have gone anywhere meaningful, including Bitcoin.

We thought we were embarking upon this noble journey in which we would finally break free of the established system, but as we have seen it was more of the same.

That is now about to change. Am I the one who will finally pull this off? No.

It will be you.


This will start our long journey to creating a team that will have the ability to make a coin a success finally.


The biggest challenge:

1. Figuring out a way to create a truly decentralized organization


Who is in charge? Everyone.

Great! Now that we have figured that out, how in the world do we create a system that accomplishes this??

This is the billion dollar question!

Surprisingly, there are many examples, and very great resources on the subject already.