fact: VNL is using random ports with no noticeable side effects
Noticable being the keyword there. Allthough I'll admit that I don't see any problems with using random ports. I know a few other applications that do that and seem to manage just fine.
fact: VNL does allow near instant respendable transfer of coins, while not yet having one double spend accomplished
Thing is, has anyone every tried to double spend ? (I know there was a competition. Still...did anyone actually try?) It's always easy to say noone has done it so it must be secure but that's not really gonna cut it. Either backup claims with math and a proper whitepaper or many people will just not buy into it even if your tech actually works.
fact: VNL has come through on every one of its promised updates.
Can't argue with that but - as others have pointed out - it doesn't really mean anything. Also are you really telling me that john connor is 100% trustworthy ? Come on !
So my direct response to the title of this thread: Why would anyone bother to read the whitepaper if john connor doesn't bother to write a proper whitepaper that actually backs up any of his claims ?
first off, I hope we both are in agreement over the fact that all cryptoprojects have some level of vulnerability, the question is always how vulnerable, and has anyone figured out how to do it. do I think that John has created a flawless unbreakable code? no of course not, but poloniex has been running VNL on one confirmation and can be withdrawn pre 1 conf with zerotimelock, they have code reviewers and have a lot to lose if it fails.
secondly can you tell me one altcoin developer that is %100 trustworthy? Come on!!
John just has a track record of coming through with development promises which has been 100 x's better than most developers here.
VNL is still being developed and as such should still be under scrutiny. thanks for that, but I dont see any reason to believe that john does not have the skill to make it all work.
people should be looking at all altcoins understanding this. If John can make his promises work, and make things like instant tranfers sound enough that double spending because untenable than I will be thankful that I was able to help the project along any any way I could.
hope that answers your responses
