It smells of xcoin / darkcoin to me.
I don't like honestly unfair much more than I like full scam.
I'm not sure if it is worth cloning or not. I only would like to see it done so it would teach them a lesson for being so honestly UNFAIR.
How long to copy and paste it is what I am wondering?
fair steem has a ring to it. We could even be reasonable and give them a 1% chunk premined for their hard work of developing it - make it nice and fair.
Sorry though it will be an announced launch with windows qt so the entire community can have a honestly fair crack at it. We'll honestly announce 1% premine and give it to these honest folk for taking the time to create it.
The only thing I'd suggest is that cloning a coin to teach scammers a lesson is scamming the investors out of a legitimate technology if that technology is pointless or the technology already exist in a more developed or more technology sound manner.
Just sayin'
Though I think more than a few people would like to teach scammers a lesson and it isn't a bad sales pitch--I'd probably buy a few undash if they were removed of the masterscam nodes.
Yeah the only thing is with this idea.
If fairsteem became the accepted fork or version and people supported it over steem (which they would) then the devs are now faced with a problem. They would be best to take the 1% and either dump and start a new idea or join fair steem.
Lesson learned no more Honestly unfair releases. Just honestly fair from now on.
Devs can be rewarded of course. 1% or even 3% of total minting perhaps even more if held by escrows and full ledger of expenses. No more we take as much as we like and do what we want and either don't tell you or we do tell you and say tough luck. Sorry that is not acceptable at all. All those giving this type of scheme the benefit of the doubt are in fact enabling not only this scam but future scams of the same ilk. Soon we'll have a load of xcoin launches on our hands with the disclaimer - sorry its all so unfair now. It's the governments fault we are powerless to stop the unfairness they are forcing us to inflict upon you. But don't worry we are being honest so you have nothing to complain about.
It's not going to cost miners much to slap a few cpu's on it at the start just to get the distribution magnitudes wider than it is now. I have no idea if it holds anything interesting or new about it at all. That to me is neither here nor there... if it is not fair it needs to be crushed and restarted.
Often i notice things that look like they are non starters are allowed to slip along with unfair starts....they look unattractive , pointless etc etc. Then when the devs have all the coins they suddenly start doing them up and building the value. This eclipse dev seems to think it is worth destroying his reputation and eclipse crypto over. So perhaps there is something of value here. Unless he's a full on maniac who just wants steem tokens with no underlying reason. I don't really know. Smooth seems less opposed to it that i expected considering this is a full on xcoin launch claiming no instamine and no premine (like xcoin) but then saying we will mine it all up. I'm glad he is coming down with scammish and unfair at least.
On a scale of 1-10 with dash being 10 this to me is a 9 in disgusting tactics. 10 is the worst of course.
This vesting and the cost to vest increasing (although i have not looked into it fully) seems almost as bad as masternodes and minting slashing.
No matter how much you have or how interesting it is. scam is scam, unfair is unfair. Unfair is not essentially scam but it is not much of an improvement and should be treated the same way.
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