I wonder when everyone is going to calm down for a minute and take a deep breath until we actually know what the issue is here...
alarmist responses are really no good.
Just remember if the news is bad then it'll be too late to sell - if you are heavily invested in BTC it might not be a bad idea to sell some now and buy back in as there's a good chance it could be cheaper soon. |
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I haven't received this email, and Dwolla withdrawl/despoit options are still available for me on Gox?
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Hmm, to me HazardCoin comes across as an obvious joke, why are all these Juniors taking it seriously? Elacoin is a joke at this point too, it's no better RoyalCoin, PowerCoin, etc etc. You could argue it's worse because the launch was totally botched, and that's not Hazard's fault. The author could have delayed the launch, polished it up and got a working Windows binary up. Instead he decided to launch another scamcoin and is probably doing other shady stuff as well judging from the checkpoints he added in the code.
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Something's fishy with this coin. There are a massive amount of JR members promoting it.
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Does no one find this fishy? A massive amount of sell orders and not one buy order yet?
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It's broken anyway, you can't mine lol
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Elacoin if it releases without a Win binary, though you could argue PWC is already dead.
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Lol, so who here is actually mining this? Speak up  |
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So uh... where's the controversy here? Premined blocks in the test client mean nothing if the client was just for that, testing purposes.
For the record, I don't care about this coin but again we are seeing rampant FUD thrown around here with no proof.
I agree but for the love of god. Why would you send the release version to a random member (not even well known) to have it compiled in advance? Why would you claim to have a BFL miner that they 'sent you for free'? Why would you not comment on anything for 4 hours in the release thread? It's just starting to not make any damn sense. BUT fair is fair, I will still hold my definitive opinion if OP can come up with some form of reasonable explanations to all the things mentioned. It sure doesn't sound good. The OP's post history does bring his credibility into question too. I've little reason to doubt Hazard actually, but we'll see what the OP says. |
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So uh... where's the controversy here? Premined blocks in the test client mean nothing if the client was just for that, testing purposes.
For the record, I don't care about this coin but again we are seeing rampant FUD thrown around here with no proof.
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guy is kinda full of himself. not sure why this is commented out of the website but its in the html
<!--<h1 class="plan-price">$49</h1>-->
<!--<span class="muted">Current Trade Price 100 ELC / 1 LTC</span>-->
Good find. |
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I think the point people are making is that he could make all code/binaries open for code review etc. with or without testnet-genesis block if he wanted to. The more I think about it, the more it seems like a (fairly smart) scam. Having a set release time would guarantee 100s if not 1000s of downloads before anyone have peer-reviewed the code and should the code contain intelligently written wallet stealers or/and keyloggers/trojans chances are he would make out like a bandit in just a few minutes.
Source code is already on github. It will be a few changes prior to launch, and anyone can review. On the other hand, windows-kids can't into programming and always will "double click the exe's"  I think it's great that you think that it's not possible to hide trojans/keyloggers etc. in source code. As long as they do a fork of the Litecoin code on github looking over the code is easy with diff compare. Anything malicious would stick out like a sore thumb. |
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Milkshake, please, pay attention to this post.
Would be much-much better, if you post all clients/wallets 5-10 minutes before first genesis block starts. This will made impossible to have a distinct advantage of you as a creator and all your group of friends. Because if you start genesis block and write a message with links to wallets/clients - when others prepare their systems to mine you and your company will dig as a crazys because of no competitors to you.
Another important detail to others - is peer/nodes distribution. As i seen on all previous coins for that week - first nnnnn blocks are hard to mine by community because of lags, even that peoples have a very large hashpower. Starting blocks and difficulty makes huge hashpower useless against lags. So you need to start nodes all around the world to be the honest (i suppose that downloaded and started wallets in prepare-mode will be enough to make net of distributed peers).
First - give others mining instruments/clients, second - give others the opportunity to compete in equal conditions, third - launch genesis block.
Then your coin can be successful. In opposite - this coin will be as others dump&pump&die-coins.
Good luck.
PS: i think i will be out of competition because of other side of planet and too big pings (55-300ms). It's fatal.
Genesis block hash must be included in wallet binary, so there is no way to "post all clients/wallets 5-10 minutes before first genesis block starts". Учи матчасть :3I think the point people are making is that he could make all code/binaries open for code review etc. with or without testnet-genesis block if he wanted to. The more I think about it, the more it seems like a (fairly smart) scam. Having a set release time would guarantee 100s if not 1000s of downloads before anyone have peer-reviewed the code and should the code contain intelligently written wallet stealers or/and keyloggers/trojans chances are he would make out like a bandit in just a few minutes. This is why you run in an isolated VM |
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//edit This just in: NWO plans to sue me for uncovering his uncomfortable truth Stop getting so defensive. I have everything documented and it is going to the law firm this afternoon. You rattled the wrong hornets nest.
You threaten to deface a brand by extorting me yet now try and make out you are not doing that. I'm collecting your IP and email from admin as we speak. Bwhaha how old is this guy? Incredible. He should just let it die at this point before he creates even more of an embarrassment for himself. |
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It was already dead minutes after launch. The author got called out for lying about it being confirmed on BTER. One of the worst coin launches ever...
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Threw some hash power on this now, thanks.
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There is already GPU miners running Yak. It's just such a derpy diff that it's not worth it even running GPU mining when you can just throw together a AWS instance and 51% it for a few $1.000. With AWS instances, it would take way more than a few grand to launch a 51% attack. |
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its likely he just mined at release thousands of coins, and cashed out when trader was avalible... we need to check blockchain for movements...
Maybe, but I doubt that was his intention from the start. If he wanted to do a quick dump he could've just made another scrypt clone with no innovations, implementing a new algo takes actual effort. Doesn't mean the coin won't die though, it had a poor launch. Not only is altcoin fatigue setting in, FUD was rampant at release and damaged the market perception. I don't think the name 'yet another altcoin' is helping it either... |
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