When does a clone become not a clone?

[MicroGuy]

I'm not technical but can you rip off the basic shell of a coin, use another programming language to cover it up more and say it's started 'from scratch' as a non technical person I personally don't have the skills to look at 'new' coins and know if they are ultimately and to what degree they have 'borrowed' ideas off NXT.

The new Goldcoin (GLD) java client will fit the bill and then some. 

https://www.gldtalk.org/index.php?topic=2616.msg12556#msg12556

[rabbiter]

I look at some coins like NODES and NEM which claim to be new codes but how do we know they are not just ripping off and plagiarising the NXT code?

I'm not technical but can you rip off the basic shell of a coin, use another programming language to cover it up more and say it's started 'from scratch' as a non technical person I personally don't have the skills to look at 'new' coins and know if they are ultimately and to what degree they have 'borrowed' ideas off NXT.


I'm sure NEM and NODE defenders will need to be heard but my point is can we really know even when we see the source code?

Open source project is not without drawback. Anyone can just copy your idea and work and put more effort into marketing their own coin.

I agree. That's the problem especially since we have no restrictions here and some people are just pumping many clones.
I would it either when it offers something unique compared to Bitcoin (not faster block times, confirmations, random rewards etc.), or when it was coded from scratch.
Then again this is the same as asking what makes up a good coin?

People can make up their own mind what is a good coin, everyone can use Dogecoin as the world reserve currency for all I care but people should know what it is.  I don't want to buy a Rolex and find out it's actually a copy just like I don't want to buy a phone and find it's a Chinese rip off. Some people are happy with a rip off but no one expects to pay the same as for the original.

[rabbiter]

I'm not technical but can you rip off the basic shell of a coin, use another programming language to cover it up more and say it's started 'from scratch' as a non technical person I personally don't have the skills to look at 'new' coins and know if they are ultimately and to what degree they have 'borrowed' ideas off NXT.

The new Goldcoin (GLD) java client will fit the bill and then some.  

https://www.gldtalk.org/index.php?topic=2616.msg12556#msg12556

But no one is being conned here, I dont know much about the coin but I assume it's labelled as based on Bitcoin. There is nothing wrong with improving on an already established coin as long as it's labeled as such.

I guess this is no different from any consumer product laws where if you buy a piece of Beef you don't want to find out it's Donkey meat. I just don't like relying on the developer or the community to be honest about how they developed the coin. The onus should be on them to prove it is with evidence, too easy to say new code built from scratch these days and no one questions if it's true.

[hodap]

My view is simple:

When a clone can stand on its own with its own network effect and payment system, then it ceases being a clone and become a man.

[rabbiter]

My view is simple:

When a clone can stand on its own with its own network effect and payment system, then it ceases being a clone and become a man.

You can't call an Apple an Orange. If a clone does well then it's technically a successful clone. I do know what you are saying but its off topic.

[Spoetnik]

when they look and work the same essentially..

i just deleted 39 coins block chains totaling about 14 gb's (no BTC but i had Litecoin being the biggest at around 4gb's)
95% of all my block chains were outdated from last year too.. god knows how big they would be if i updated them all now !

backed up the wallet.dat's to a USB drive and deleted almost every coin.. this shit is ridiculous.. last year, never mind now HAhhaha
(most coins i never bothered getting the wallet for too)

And what makes a clone ? they all had the same wallet.dat so what the fuck does that tell us ?
well except for Multibit for Bitcoin.
same shit different shit coin clone pile..

[Amph]

when it add something new , but it can still be considered a semi-clone, i don't think there are a completely new coin here, they are always at least in part a bitcoin clone

[Bluestreet]

How much more complex and anon is the Euro compared to the USD to give it the higher value. I am investing the British Pound now because of it's strong currency and the fact they releasing ANON v3 , along with a new algorithm.

At then of the day currencies are meant to be as simple as possible, it's the stuff people build around it that can be made complex.

Coins like XMR will never go mainstream, hell most crypto geeks even get confused by it.

[boraf]

when it add something new , but it can still be considered a semi-clone, i don't think there are a completely new coin here, they are always at least in part a bitcoin clone

Many of the altcoin have their own unique strength and feature. So I won't call them an exact clone.

[rabbiter]

How much more complex and anon is the Euro compared to the USD to give it the higher value. I am investing the British Pound now because of it's strong currency and the fact they releasing ANON v3 , along with a new algorithm.

At then of the day currencies are meant to be as simple as possible, it's the stuff people build around it that can be made complex.

Coins like XMR will never go mainstream, hell most crypto geeks even get confused by it.

what gives value to real monetary fiat is way more complicated and includes more factors than crypto, if you knew exactly you would be rich.

[Spoetnik]

How much more complex and anon is the Euro compared to the USD to give it the higher value. I am investing the British Pound now because of it's strong currency and the fact they releasing ANON v3 , along with a new algorithm.

At then of the day currencies are meant to be as simple as possible, it's the stuff people build around it that can be made complex.

Coins like XMR will never go mainstream, hell most crypto geeks even get confused by it.

what gives value to real monetary fiat is way more complicated and includes more factors than crypto, if you knew exactly you would be rich.

does rubbing two pennies you found on the ground together magically turn it into millions of dollars ?

There is *some truth to what you say i give you that, but it sure as hell takes money to make money.
although i made thousands from squat so i guess i know what i am doing LOL
Nvidia gpu worth $20 ? oh don't even bother your too late you won't make anything i was told 100%
..buuuuul-shit LOL
I turned 0.00000001 FTC into many BTC almost all cashed out at 1k usd each
And if i listened to what others ran their big mouths about i would have not even tried !
Internet is nothing but loud mouth idiots.. except me of course i am a searing white hot comet of awesome  

I could make money on Crypto but not fiat in money markets though.. i don't know anything about that stuff
I doubt you will find very many guys that got rich with Fiat currencies who did it starting with no large cash investments etc..
that is what separates crypto markets from fiat markets.. i can mine some coins but i can't mine fiat

so there you have it MY opinion (the correct one)  

[TaunSew]

How much more complex and anon is the Euro compared to the USD to give it the higher value. I am investing the British Pound now because of it's strong currency and the fact they releasing ANON v3 , along with a new algorithm.

At then of the day currencies are meant to be as simple as possible, it's the stuff people build around it that can be made complex.

Coins like XMR will never go mainstream, hell most crypto geeks even get confused by it.

It's like dating a person.  The more you talk - the more reasons you provide for them to not put out.  Slapping on all these features over complicates what should be a simple thing and complexity scares people off.


The most successful crypto will be one with a mobile preference - without junk littering the screen.

[rabbiter]

How much more complex and anon is the Euro compared to the USD to give it the higher value. I am investing the British Pound now because of it's strong currency and the fact they releasing ANON v3 , along with a new algorithm.

At then of the day currencies are meant to be as simple as possible, it's the stuff people build around it that can be made complex.

Coins like XMR will never go mainstream, hell most crypto geeks even get confused by it.

what gives value to real monetary fiat is way more complicated and includes more factors than crypto, if you knew exactly you would be rich.

does rubbing two pennies you found on the ground together magically turn it into millions of dollars ?

There is *some truth to what you say i give you that, but it sure as hell takes money to make money.
although i made thousands from squat so i guess i know what i am doing LOL
Nvidia gpu worth $20 ? oh don't even bother your too late you won't make anything i was told 100%
..buuuuul-shit LOL
I turned 0.00000001 FTC into many BTC almost all cashed out at 1k usd each
And if i listened to what others ran their big mouths about i would have not even tried !
Internet is nothing but loud mouth idiots.. except me of course i am a searing white hot comet of awesome  

I could make money on Crypto but not fiat in money markets though.. i don't know anything about that stuff
I doubt you will find very many guys that got rich with Fiat currencies who did it starting with no large cash investments etc..
that is what separates crypto markets from fiat markets.. i can mine some coins but i can't mine fiat

so there you have it MY opinion (the correct one)  

That was the most spectacular case of missing the point I have ever read on this forum.

[rabbiter]

How much more complex and anon is the Euro compared to the USD to give it the higher value. I am investing the British Pound now because of it's strong currency and the fact they releasing ANON v3 , along with a new algorithm.

At then of the day currencies are meant to be as simple as possible, it's the stuff people build around it that can be made complex.

Coins like XMR will never go mainstream, hell most crypto geeks even get confused by it.

It's like dating a person.  The more you talk - the more reasons you provide for them to not put out.  Slapping on all these features over complicates what should be a simple thing and complexity scares people off.


The most successful crypto will be one with a mobile preference - without junk littering the screen.


The truth is after all these years of Bitcoin and Altcoin development Google could probably make a cryptocurrency integrated into Android and the mainstream gets onboard completely blowing every other coin into oblivion.


till then the best thing we have to go on is the popularity of coins we already have and it's a fact that innovation and new technology makes the market leaders, you only have to look at the top ten marketcap. that's why knowing if a coin that claims to be built from scratch really is has a massive influence on it's success or failure.

[TaunSew]

Your quotations are broken.  Google did look into crypto currencies but they pulled out last I heard.  Amazon does already have virtual money like Amazon coins.

The issue with a big corporation in creating a crypto currency is crypto currencies largely derive their value from being decentralized, anonymous and international.  Doesn't stop a small corporation like Stellar and Ripple from trying, though