Well theres no other way to say it but the truth, I mean I'm not going to lie even though I am invested as you say, market wise as well, though I just ride out the dumps and get ready for the pumps. The usual speculation daytrading. Theres no explanations for the instamine other than extreme incompetence or a deliberate scam. Being invested doesn't mean you have any faith at all, I have faith that others have faith in this crap so that's good for daytrading. |
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Darkcoin,Dash came 6 years after Bitcoin. So if you wanna compare, then you're saying that Evan is incompetent, since he cant release a normal functioning coin, just like dozenss of developers have released before him.
Dozens? Can you mention 5 coins that didn't have problems at the launch? About a year ago I was trying to mine at the launch of pretty much every coin, and can't recall one that didn't have some sort of problems. Absolutely none of those other coins had a intended or incompetent instamine as drastic and bad as darkcoin, dash, where the entire max coin supply and block reward was cut by more than 50%. Darkcoins on a whole other level of "having problems". I'm sorry you missed the launch. I missed the launch of Bitcoin as well but I got over it. You cant compare Bitcoin to Darkcoin, Dash. Bitcoins parameters have not been touched, its emission, its block reward, and max coin supply are the same. Darkcoins parameters have been reconstructed many times after and during it's instamine(To make the instamined coins worth a lot more), defeating the entire purpose of being decentralized. Bitcoin shouldnt even be in the same sentence as Dark--Dash. |
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Darkcoin,Dash came 6 years after Bitcoin. So if you wanna compare, then you're saying that Evan is incompetent, since he cant release a normal functioning coin, just like dozenss of developers have released before him.
Dozens? Can you mention 5 coins that didn't have problems at the launch? About a year ago I was trying to mine at the launch of pretty much every coin, and can't recall one that didn't have some sort of problems. Absolutely none of those other coins had a intended or incompetent instamine as drastic and bad as darkcoin, dash, where the entire max coin supply and block reward was cut by more than 50%. Darkcoins on a whole other level of "having problems". |
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Uhm comparing those coins is like comparing apples and oranges.
One had its parameter/"social contract" changed entirely to benefit those who instamined the first day, and a centralized incentive node system in place that opens up more vectors of attack and was closed source for most of its lifetime
The other never had its social contract/parameters changed at all, and uses a system called cryptonote that was basically forseen by Satoshi himself, was always open source and had everything basically in the open
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The "distribution" according to address and wallets provided by Coins101 makes no difference. Incase anyone wandering wants to know, many people spread their coins out through lots of different addresses. That's what those who instamined 2million Darkcoin did, just like people who mix their bitcoins, so did the instaminers mix their coins. Don't be fooled.
Also, evan changed the max coin supply from around 60million darkcoins to less than 30million, why, to make the instamined coins more valuable, as well as reducing the block reward from 500 to under 100.
Instamine, meddled trash.
There nothing on 'instant' here,It was mine by all the community from first 45 hours. Go away you jealous  Bitcoin have mined more than this in early day and there not a war over this  (nakamoto own more than a milion of BTC,ohhh scam ) Huge Lie, I have posts/captures from the beginning of the Darkcoin days if anyone wants to pm me, and if anyone wants to look for themselves, they'd see that hardly anyone mined on the Linux-Only release except for Evan and his friends who were in on the scam, there were less than 20 people mining. Also doesnt explain the fact that the block reward was cut over 200% and that the max coin supply was cut by 50%. That's literally the definition of a scam. The reason why Evan choose to make faulty masternodes in the first place is to make him earn and capitalize from his initial instamine, through getting a % more darkcoins from block rewards due to the % of coins that masternodes get. Essentially, Evan has been making a shit ton more money with his instamined coins from masternodes, while everyone else is left in the dust. Yea, and Satoshi mined Bitcoin fairly and squarely, he didn't drastically cut Bitcoins block reward or change the max coin supply, both of which Evan did to Darkcoin/DASH, several times. Smell the scam. If this is the case then Protoshares aka Bitshares is also a scam ? The transfer from protoshares to bitshares was planned from the beginning, was it not? Was bitshares released on Linux only with 500 coins per block, then have the block reward cut a ton of times and the max coin supply cut as well, then have 2million coins mined by those who released the coin and everything goes back to normal...Did that happen to bitshares? This is not what i'm talking about. At the start they had only one pool and you could not join it was restricted. Yes only people in the club could mine at the start. Same stuff happened with Fedoracoin but with a higher hashrate. You mean the masternodes? I was impying that he created masternodes to continue enriching himself because masternodes get paid a high portion of coins from blocks, for just being there. Its funny to see your history, and how you at the beginning recognized the scam, but now you've bought into darkcoin and are letting the bagholder in you talk. Ah. So now there happened to be a random ddos attack on a coin with no future at the time? Yea that's definitely not fishy...... Face the facts, there are no explanations for what Evan did other than 1) He was incompetent and totally ruined Darkcoin, Dash's beginnings(and future) 2) He did the instamine scam on purpose, which is the most likely scenario |
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The "distribution" according to address and wallets provided by Coins101 makes no difference. Incase anyone wandering wants to know, many people spread their coins out through lots of different addresses. That's what those who instamined 2million Darkcoin did, just like people who mix their bitcoins, so did the instaminers mix their coins. Don't be fooled.
Also, evan changed the max coin supply from around 60million darkcoins to less than 30million, why, to make the instamined coins more valuable, as well as reducing the block reward from 500 to under 100.
Instamine, meddled trash.
There nothing on 'instant' here,It was mine by all the community from first 45 hours. Go away you jealous Bitcoin have mined more than this in early day and there not a war over this (nakamoto own more than a milion of BTC,ohhh scam ) Huge Lie, I have posts/captures from the beginning of the Darkcoin days if anyone wants to pm me, and if anyone wants to look for themselves, they'd see that hardly anyone mined on the Linux-Only release except for Evan and his friends who were in on the scam, there were less than 20 people mining. Also doesnt explain the fact that the block reward was cut over 200% and that the max coin supply was cut by 50%. That's literally the definition of a scam. The reason why Evan choose to make faulty masternodes in the first place is to make him earn and capitalize from his initial instamine, through getting a % more darkcoins from block rewards due to the % of coins that masternodes get. Essentially, Evan has been making a shit ton more money with his instamined coins from masternodes, while everyone else is left in the dust. Yea, and Satoshi mined Bitcoin fairly and squarely, he didn't drastically cut Bitcoins block reward or change the max coin supply, both of which Evan did to Darkcoin/DASH, several times. Smell the scam. If this is the case then Protoshares aka Bitshares is also a scam ? The transfer from protoshares to bitshares was planned from the beginning, was it not? Was bitshares released on Linux only with 500 coins per block, then have the block reward cut a ton of times and the max coin supply cut as well, then have 2million coins mined by those who released the coin and everything goes back to normal...Did that happen to bitshares? Darkcoin,Dash came 6 years after Bitcoin. So if you wanna compare, then you're saying that Evan is incompetent, since he cant release a normal functioning coin, just like dozenss of developers have released before him. |
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Read what I said, less than 2% of all those who own a computer have Linux as their operating system. Your excuses to try and cover up the issue don't work for that simple fact. Don't bring in hypothetical, If's. Just the simple fact of making mining Linux only clearly showed the intentions of a scam, not mentioning the various other problems that happened later on. There's no other explanations.
Less than 0.000000000002% of all those who own a computer have mining software installed either. What was your point again? Are you stup... Look, now you know that hardly anyone uses Linux. You can probably do the math yourself, but most people on this forum don't mine either. But that's besides the point, since 2% and below of anyone that uses a computer has Linux as their operating system, then you can comparatively compare that to the users on this forum and conclude that not much people who mine here use Linux as their operating system. Name me a reason why Evan would release the mining code to the small amount of people that use Linux, instead of Windows(IOS) or any other popular operatin system? Well, there is no reason besides it being an intentional scam. After all there were many complaints about releasing the miner on Linux only, with no pool code. Sure, it benefitted Evan and his friends who were in on the scam or a few lucky guys, but no one else. |
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3) Less than 2% of anyone that uses a computer has Linux, so that's an extremely stupid comment
100% of miners have access to Linux. Using a free virtual machine like VirtualBox for example. THE FACTS ABOUT DARK COIN
1. released without windows QT so that only dev and pals could mine it.
That's right, only the darkcoin dev and his friends can use linux!  THE FACTS ABOUT cryptohunter1. Too stupid to use Ubuntu. Read what I said, less than 2% of all those who own a computer have Linux as their operating system. Your excuses to try and cover up the issue don't work for that simple fact. Don't bring in hypothetical, If's. Just the simple fact of making mining Linux only clearly showed the intentions of a scam, not mentioning the various other problems that happened later on. There's no other explanations. |
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You dont know what a premine is. Satoshi did not premine Bitcoin, he did not mess or change Bitcoins parameters in any way, shape, or form after its release. He even said that once Bitcoin was released, its basic functions would stay in place its entire lifetime. That's how cryptocurrencies are supposed to be.
What evan did was;
1) Released Darkcoin/Dash
2) Put the block reward at 500 coins per block
3) Make it only available to the extremely small pool of linux users(So his buddies and himself could get the majority of coins)
4) Instamine darkcoin with a few of his buddies
5) Cut Darkcoin's block rewards over 50% from 500 to under 100
6) Cut Darkcoin's max coin supply by 50%
7) End the instamine within 40 hours and go on his merry way
What makes that even worse, was that he made the masternodes as a way to continue enriching himself, so he could gain even more $ from the coins he instamined. Within 40 hours over 2million Darkcoins were mined by Evan and a few others at darkcoins/DASH's release.
If this isnt a scam, then I dont know what is.
1. Yes, DASH/DRK/Xcoin was indeed released 2. Evan was trying out a new algorithm for payments, it turned out 2 days later, when a blockchain explorer was made, that there was a problem and the reward was too high. 3. If you can't figure out mining with Linux, you're not a miner. I was as green as it gets, and I got it down in 2 days. Sure I missed out on all the coins flooding out, but I figured it out in the end and almost earned 2 masternodes. If I had known about renting VPSs I could have made more, but I'm proud I figured out as much as I did as fast as I did at my age  4. I've seen no evidence that Evan knew anyone except InternetApe, and IA has left us, dumping all his coins, so his holdings, along with everyone else who mind up a ton of coins, have been shown to have been cashed out. Current big holders have bought all their coins on exchanges, not mined them. 5. The algorithm was corrected. 6. The cutting of the max supply, via cutting rewards 7% per year was voted upon. It had no effect for the first year, and this year, the rewards have dropped by 7%. So in reality, this is a long term change over the next 100 years. 7. "went on his merry way" Oh yah, he didn't continue to improve and innovate and create the most amazing coin out there, plus dedicate a minimum of 2 years of his full time work to the coin. No, he went on his "Merry way" LOL, you're butt hurt aren't you? Masternode invention is THE biggest thing to hit Cryptos. Their usefulness increases daily. Your last comment? No you haven't got a clue as to what a scam is. Back on ignore with you Have a nice day 1) Ok 2) Ok, so you admit he's incompetant or scamming. It's either one 3) Less than 2% of anyone that uses a computer has Linux, so that's an extremely stupid comment 4) Absolute lie, most of the big holders have split their coins into smaller addresses, they have by no means, cashed out 5) It was corrected after the instamine, coincidence? 6) What? If you don't know Darkcoin/DASH's history, don't comment please. The max coin supply was drastically cut from 84million coins to 21milion coins. That's close to 80% cut in the supply and has nothing to do with "long term change", since it was done instantly. 7) Read what I said right below that, he created masternodes to continue enriching himself after the instamine finished Masternods are extremely simple. Bitcoin had "incentives" for nodes, thought they were a 3rd party, since its beginning. It chose not to add the "masternode" because it encourages centralization, more vectors of attack, and is financially, a very stupid idea for a currency. |
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Oh trust me... I'm not mad ... Im just annoyed at your stupidity... YES... SATOSHI DID premine BTC. FACT! And if you weren't such an idiotic moron... You'd also know that I'm one of the original major holders of DRK since February 2014...and if you didn't have a shit for Brains you'd realize by looking at what it was trading at in Jan./Feb last year.... I bought in at $0.21 /DRK. I'm pretty sure I'm doing just fine. And when it went to... $15.00....i still didn't sell... Couple of reasons... I like a man that puts his real name and word behind his work and does what he says... Unlike the legions of fudge packers out there unwilling to put their balls on the line. And second because this is chump change to me... Just like you are! So... Im not mad... Im mildly amused... At your lack intellectual fortitude... Made you should start by going back in time and cleaning your own house with Mr. SATOSHI... And the single person premine first, that's the scam that started all if you want to stir shit... Then we can talk. You dont know what a premine is. Satoshi did not premine Bitcoin, he did not mess or change Bitcoins parameters in any way, shape, or form after its release. He even said that once Bitcoin was released, its basic functions would stay in place its entire lifetime. That's how cryptocurrencies are supposed to be. What evan did was; 1) Released Darkcoin/Dash 2) Put the block reward at 500 coins per block 3) Make it only available to the extremely small pool of linux users(So his buddies and himself could get the majority of coins) 4) Instamine darkcoin with a few of his buddies 5) Cut Darkcoin's block rewards over 50% from 500 to under 100 6) Cut Darkcoin's max coin supply by 50% 7) End the instamine within 40 hours and go on his merry way What makes that even worse, was that he made the masternodes as a way to continue enriching himself, so he could gain even more $ from the coins he instamined. Within 40 hours over 2million Darkcoins were mined by Evan and a few others at darkcoins/DASH's release. If this isnt a scam, then I dont know what is. |
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As someone who came in "late" to Darkcoin the past few months, I literally could not care less about all the "instamine" drama everyone whines about. There was obviously plenty of time when people could have bought in by the thousands for dirt cheap and they didn't do it. They're just angry that they blew their chance.
Before I bought Darkcoin I looked into the technology, where it was going, and what some of their ideas for the future were. I looked at the dev team who pumps out a higher number of more innovative and bigger features faster than I've seen any other coin produce. And I looked at the fact that Bitcoin essentially hasn't changed the entire time I've been a proponent of it... That's really what sold me on it. Darkcoin gets stuff done. They have the most innovative ideas, they have the skill set to back it up, and they're not afraid to adapt and change things to make the technology better, even if it makes a few people angry.
The community is also amazing and very active and will help you with any questions you have. Or you can get help from iCEBREAKER... He seems like a pretty reasonable and intelligent source. It looks like he's pretty into bashing religions and things?
Very well said... Like you said, people had months to buy this coin at stupidly low prices when others were dumping to make a quick buck, people with vision bought thousands at that time. Bitcoin is stagnant and hasn't really done much for years, while DASH innovates on a monthly basis and move's its development forward at an astonishing rate. Because of it's unique structure DASH will be able to absorb new great cryptocurrency developments in the future unlike other coins including Bitcoin. Over the last year DASH has built a very strong foundation in order to set a very successful future path and that's what people are buying into. The current price is still very cheap... Remember when Bitcoin coin was this price? DASH is Better than Bitcoin and there are fewer coins. Note: InstantX is amazing and it removes the need for merchants to use centralized third parties (coinbase etc) as insurance when accepting digital cash because the insurance is built in via masternodes and at no extra cost to the merchant either :-) That's funny, because earlier in 2014, I introduced a few friends to the cryptocurrency scene, and after they learned of Darkcoin's/Dash's instamine, they wanted nothing to do with it. It's also funny that "It's Depatement" made a new account to post that 100% lie, an obvious sockpuppet account. What can I say... Some people just don't have vision and the imagination to think and see outside the box. It sounds your friends got transfixed with the notion of the so called instamine (undoubtedly you made a strong point in selling that to them) that they couldn't see the true value of the coins fundamentals... I hope you feel pride in not helping your friends to make the right choice. In fact they could have made a lot of money last year and this if they had only opened their minds and done a little research for them selves instead of relying on you. Never mind, sheep will be sheep. What makes the situation even funnier, is that at that time, I had no "dislike" of Darkcoin. I didn't care really, they came here and read up on various cryptocurrencies before calling it quits, I did not influence their actions in any way. Unlike yourself, they(and I) aren't the type of people to pump a coin like Darkcoin with no future to try and sell our bags on unsuspecting newbs. Besides, there were never any fundamentals in Darkcoin/Dash, the very fundamentals such as the block reward, max coin supply, name, and more, has been severely tampered with by Evan since the instamined happened during Darkcoin/Dash's release. Those things are the fundamentals of a cryptocurrency, and your developer has destroyed it. The only thing Dark/Dash has remaining is hype by the pump and dump crowd/groups. Remember XC and it's pump/dump group, Promotheus? Yea. If a few people who aren't programmers or cryptographers can come in and say, "Yea the dev of this coin really fucked it up for everyone else but himself", then there is something seriously wrong. |
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On chain solutions are clearly superior. If there's ever a weakness discovered in the crypto, the entire history is there for all to see.
I can't think of any conceivable weakness besides high end quantamn computing, which would be a weakness for every online financial institution on earth, including bitcoin, the federal reserve, paypal, etc etc. That's pretty much a nonexistant scenario. Let's say IBM announces that it will have a QC ready and in production in 5 years. Every online financial institution on earth has more than enough time to react and move to QC resistant algos to keep the funds safe. But if you have put your anonymity in a blockchain and released it out to the world there's nothing you can do to protect the already distributed data. It's not gonna happen overnight where you can all of a sudden download a private key resolver from the internet or order a QC from newegg. Off chain mixing(Which Darkcoin/Dash uses) is in fact, much more vulnerable. Since Pure Randomness does not exist, there is always a way to retrace transactions by someone who is highly motivated, such as a 3 letter agency.
Randomness resolver could come in handy for many other purposes as well. Not possible, quantamn computing is at least another 20 years away. You're saying every online financial institution on earth has more than enough time to react, really? Over 50million JPMorgan accounts got hacked recently, along with other companies. "Hacking" into the blockchain and subsequently cryptonote is going to be much, much harder than hacking into centralized software used by those companies(It will also be much more profitable to go after those companies/gov websites instead). By true randonmess, I mean randomization itself isn't completely "randominzation" as you think it is in your head. Nothing is ever truly random that we know of excluding the various theories presented in quanmtan mechanics, so off chain mixing is potentially possible to reverse to a skilled and patient tracker (Ehn-Es-Aye) |
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On chain solutions are clearly superior. If there's ever a weakness discovered in the crypto, the entire history is there for all to see.
I can't think of any conceivable weakness besides high end quantamn computing, which would be a weakness for every online financial institution on earth, including bitcoin, the federal reserve, paypal, etc etc. That's pretty much a nonexistant scenario. Off chain mixing(Which Darkcoin/Dash uses) is in fact, much more vulnerable. Since Pure Randomness does not exist, there is always a way to retrace transactions by someone who is highly motivated, such as a 3 letter agency. |
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As someone who came in "late" to Darkcoin the past few months, I literally could not care less about all the "instamine" drama everyone whines about. There was obviously plenty of time when people could have bought in by the thousands for dirt cheap and they didn't do it. They're just angry that they blew their chance.
Before I bought Darkcoin I looked into the technology, where it was going, and what some of their ideas for the future were. I looked at the dev team who pumps out a higher number of more innovative and bigger features faster than I've seen any other coin produce. And I looked at the fact that Bitcoin essentially hasn't changed the entire time I've been a proponent of it... That's really what sold me on it. Darkcoin gets stuff done. They have the most innovative ideas, they have the skill set to back it up, and they're not afraid to adapt and change things to make the technology better, even if it makes a few people angry.
The community is also amazing and very active and will help you with any questions you have. Or you can get help from iCEBREAKER... He seems like a pretty reasonable and intelligent source. It looks like he's pretty into bashing religions and things?
Very well said... Like you said, people had months to buy this coin at stupidly low prices when others were dumping to make a quick buck, people with vision bought thousands at that time. Bitcoin is stagnant and hasn't really done much for years, while DASH innovates on a monthly basis and move's its development forward at an astonishing rate. Because of it's unique structure DASH will be able to absorb new great cryptocurrency developments in the future unlike other coins including Bitcoin. Over the last year DASH has built a very strong foundation in order to set a very successful future path and that's what people are buying into. The current price is still very cheap... Remember when Bitcoin coin was this price? DASH is Better than Bitcoin and there are fewer coins. Note: InstantX is amazing and it removes the need for merchants to use centralized third parties (coinbase etc) as insurance when accepting digital cash because the insurance is built in via masternodes and at no extra cost to the merchant either :-) That's funny, because earlier in 2014, I introduced a few friends to the cryptocurrency scene, and after they learned of Darkcoin's/Dash's instamine, they wanted nothing to do with it. It's also funny that "It's Depatement" made a new account to post that 100% lie, an obvious sockpuppet account. I explained a little more about my experience with DASH on the main Darkcoin thread. When I first started researching DASH I only read posts on Darkcointalk.org. When I decided I wanted to read some more discussion on certain topics I searched and found these forums. I've been into Bitcoin for over a year and bought some altcoins during that time, but didn't really get too deep into the altcoin scene. I've only been reading threads on these forums the past two weeks or so and just made an account the other day. You can see from my posts the past few days, that I didn't make an account just to post false stories. Anyway, it's fine if you don't believe me. It's obvious that you can't be convinced of things by any sort of proof or logic. No, the reason why it's obvious that you're lying is that you said you read about DASH on the darkcointalk thread, yet you've supposedly been in the Bitcoin community for over a year and bought altcoins during that time. I'm on darkcointalk and the information presented on bitcointalk far trumphs the info on there(Which is highly biased). Also, if you've been involved with Bitcoin and other altcoins, then you would most definitely have had a bitcointalk account. There's no way you'd just uppity and buy a random altcoin that you see. So yes, your account is a sockpuppet, there's no need to lie, especially when I introduced friends to here who aren't in the cryptocurrency scene at all, and every single one of them rejected Darkcoin/Dash after reading about it's instamine, regarding it the same way any rational person would, a scam intended to make the developer rich. |
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As someone who came in "late" to Darkcoin the past few months, I literally could not care less about all the "instamine" drama everyone whines about. There was obviously plenty of time when people could have bought in by the thousands for dirt cheap and they didn't do it. They're just angry that they blew their chance.
Before I bought Darkcoin I looked into the technology, where it was going, and what some of their ideas for the future were. I looked at the dev team who pumps out a higher number of more innovative and bigger features faster than I've seen any other coin produce. And I looked at the fact that Bitcoin essentially hasn't changed the entire time I've been a proponent of it... That's really what sold me on it. Darkcoin gets stuff done. They have the most innovative ideas, they have the skill set to back it up, and they're not afraid to adapt and change things to make the technology better, even if it makes a few people angry.
The community is also amazing and very active and will help you with any questions you have. Or you can get help from iCEBREAKER... He seems like a pretty reasonable and intelligent source. It looks like he's pretty into bashing religions and things?
Very well said... Like you said, people had months to buy this coin at stupidly low prices when others were dumping to make a quick buck, people with vision bought thousands at that time. Bitcoin is stagnant and hasn't really done much for years, while DASH innovates on a monthly basis and move's its development forward at an astonishing rate. Because of it's unique structure DASH will be able to absorb new great cryptocurrency developments in the future unlike other coins including Bitcoin. Over the last year DASH has built a very strong foundation in order to set a very successful future path and that's what people are buying into. The current price is still very cheap... Remember when Bitcoin coin was this price? DASH is Better than Bitcoin and there are fewer coins. Note: InstantX is amazing and it removes the need for merchants to use centralized third parties (coinbase etc) as insurance when accepting digital cash because the insurance is built in via masternodes and at no extra cost to the merchant either :-) That's funny, because earlier in 2014, I introduced a few friends to the cryptocurrency scene, and after they learned of Darkcoin's/Dash's instamine, they wanted nothing to do with it. It's also funny that "Department of" made a new account to post that 100% lie, an obvious sockpuppet account. |
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The USDollar is the most instamined currency in the World.. so?
First off, you cant compare a centralized USD to a cryptocurrency (On 2nd thought, you can compare it to darkcoin/dash since both are centralized). But, Satoshi created Bitcoin to get away from the USD, not to be just like it. So because the USD is "instamined", you are fine with Darkcoin, a cryptocurrency based off Bitcoin(Which Satoshi made to be decentralized and fair) being hugely instamined(extremlely unfair)?? Yea.... |
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The "distribution" according to address and wallets provided by Coins101 makes no difference. Incase anyone wandering wants to know, many people spread their coins out through lots of different addresses. That's what those who instamined 2million Darkcoin did, just like people who mix their bitcoins, so did the instaminers mix their coins. Don't be fooled.
Also, evan changed the max coin supply from around 60million darkcoins to less than 30million, why, to make the instamined coins more valuable, as well as reducing the block reward from 500 to under 100.
Instamine, meddled trash.
There nothing on 'instant' here,It was mine by all the community from first 45 hours. Go away you jealous Bitcoin have mined more than this in early day and there not a war over this (nakamoto own more than a milion of BTC,ohhh scam ) Huge Lie, I have posts/captures from the beginning of the Darkcoin days if anyone wants to pm me, and if anyone wants to look for themselves, they'd see that hardly anyone mined on the Linux-Only release except for Evan and his friends who were in on the scam, there were less than 20 people mining. Also doesnt explain the fact that the block reward was cut over 200% and that the max coin supply was cut by 50%. That's literally the definition of a scam. The reason why Evan choose to make faulty masternodes in the first place is to make him earn and capitalize from his initial instamine, through getting a % more darkcoins from block rewards due to the % of coins that masternodes get. Essentially, Evan has been making a shit ton more money with his instamined coins from masternodes, while everyone else is left in the dust. Yea, and Satoshi mined Bitcoin fairly and squarely, he didn't drastically cut Bitcoins block reward or change the max coin supply, both of which Evan did to Darkcoin/DASH, several times. Smell the scam. |
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The "distribution" according to address and wallets provided by Coins101 makes no difference. Incase anyone wandering wants to know, many people spread their coins out through lots of different addresses. That's what those who instamined 2million Darkcoin did, just like people who mix their bitcoins, so did the instaminers mix their coins. Don't be fooled.
Also, evan changed the max coin supply from around 60million darkcoins to less than 30million, why, to make the instamined coins more valuable, as well as reducing the block reward from 500 to under 100.
Instamine, meddled trash.
Why would Evan set the block reward at 500, then drop it to under 100 after 2million coins were instamined on a Linux-Only release, and then cut the max coin supply by 50%? There's no other explanation other than he started Darkcoin off as a scam.
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Darkcoin uses PieceProof of Stake(It's masternodes are PoS, with highly distorted incetives(Masternodes stupidly get paid for doing unncessary tasks)), coupled with an instamined PoW, enough said. It's not a good longterm coin in any way, shape, or form because of it's highly unrealistic financial model and obvious borderline scam instamine. It's purely for pumping and dumping with it's hypeish, irrelevant feature/s. Coins like Darkcoin, I mean DASH are the reason why so many Bitcoiners describe the altcoins in this environment as shitcoins, and they're right.
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