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Author Topic: LePen coin scam Alert  (Read 1543 times)
AtomicProject
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February 09, 2017, 08:27:33 AM
 #1

 in Lepen coin provided github source code they mention total supply is 500 Million but when i setup its explorer i see only available supply is  upto 1000 Million and more coin come soon its called Lepen coin dev scam announcement for scaming btc on yobit, and Cryptopia Exchange admin please review this scam and unlist this shitcoin. i provided proof on below images you can see it your self.




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February 09, 2017, 10:04:22 AM
 #2

They try to keep a half of the money supply to dump it on the market and that's totally fuckin big scam soon. Dump up to a half of the total coin supply it's really terrible.  Shocked


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February 09, 2017, 10:22:03 AM
 #3

This is a new dev he really is one,he don't know that people can and will look at your source code to see if you are indeed transparent in your announcement,and because of this,people will have second thought trusting what ever you are going to offer because of the supply issue which is very important to all holders and investors.

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barnaba
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February 09, 2017, 12:01:45 PM
 #4

I see scams on this forum are very annoying

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coin-investor
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February 09, 2017, 01:23:30 PM
 #5

I see scams on this forum are very annoying

Well get familiar with it,this is the crypto currency world actually people are making money from this scenario,it works like hyip the early you invest the better,those who come lates are those on the losing end but there are some few coins that worth investing and you can really make a profit from these coins.

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gjhiggins
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February 09, 2017, 03:03:33 PM
 #6

in Lepen coin provided github source code they mention total supply is 500 Million

MAX_MONEY is not “total supply” but a limit imposed per transaction.

As evidenced in the code:

Code:
gjh@ashpool:/tmp$ git clone https://github.com/LePenCoin/LePenCoin.git
gjh@ashpool:/tmp$ grep -rn MAX_MONEY LePenCoin/
LePenCoin/src/bitcoinrpc.cpp:99:    if (dAmount <= 0.0 || dAmount > MAX_MONEY)
LePenCoin/src/main.cpp:499:        if (txout.nValue > MAX_MONEY)
LePenCoin/src/main.cpp:550:            return MAX_MONEY;
LePenCoin/src/main.cpp:555:        nMinFee = MAX_MONEY;
LePenCoin/src/main.h:42:static const int64_t MAX_MONEY = 500000000 * COIN;
LePenCoin/src/main.h:48:inline bool MoneyRange(int64_t nValue) { return (nValue >= 0 && nValue <= MAX_MONEY); }
LePenCoin/src/test/data/tx_invalid.json:39:["MAX_MONEY + 1 output"],
LePenCoin/src/test/data/tx_invalid.json:43:["MAX_MONEY output + 1 output"],
LePenCoin/src/test/data/tx_valid.json:54:["MAX_MONEY output"],
LePenCoin/src/test/data/tx_valid.json:58:["MAX_MONEY output + 0 output"],

The GetProofOfWorkReward routine determines the total number of coins emitted:

Code:
// miner's coin base reward
int64_t GetProofOfWorkReward(int64_t nFees)
{
    int64_t nSubsidy = 1 * COIN;

    if(pindexBest->nHeight < 10000)
        {
            nSubsidy = 100000 * COIN;
        }

    if (fDebug && GetBoolArg("-printcreation"))
        printf("GetProofOfWorkReward() : create=%s nSubsidy=%"PRId64"\n", FormatMoney(nSubsidy).c_str(), nSubsidy);

    return nSubsidy + nFees;
}

i.e. 1000 * 100000 = 100000000 (+ (1 * forever))

This accords with the value shown by the block explorer.

Cheers

Graham
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February 09, 2017, 03:09:36 PM
 #7

You don't really need to look at source code to see if it's a scam or not. Often if it's a scam, the dev has a low rank such as Newbie/junior member of the coin has questionable motives. The scammer is obviously jumping on the bandwagon of famous leader coins like trump. These coins are never going to reach the leader they are trying to.
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February 09, 2017, 03:54:41 PM
 #8

i understand what you want to say but the purpose of this post is just recognized the people this is not trust able coin

Maybe so but that's unrelated to misleading statements about the role of MAX_MONEY.

Cheers

Graham
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February 09, 2017, 10:34:13 PM
 #9

i understand what you want to say but the purpose of this post is just recognized the people this is not trust able coin

Maybe so but that's unrelated to misleading statements about the role of MAX_MONEY.

Cheers

Graham


Thanks Graham, you're kinda the only one who posts in this thread who used his brains today lols  Grin Cool
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