Kinetic915
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May 14, 2013, 02:59:16 AM |
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can we report this guy please?
edit: Someone who "quickly disconnects" seems like someone who is trying to hide something.
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TheSwede75
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May 14, 2013, 03:01:04 AM |
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When a crypto veteran like Kano post warnings like this I stop and listen.... You people should do the same. Something is up and is very fishy about this... I'm staying away. If indeed he holds an asic, then he benefits from an altcoin/new coin/scrypt coin disaster, which he may very well orchestrate with his very own elacoin. Looks like Royalcoin will be the last of the reliable (define 'reliable' however you want) scypt forks from this fanatical scrypt fork releasing bubble. Bring on Taco's netcoin! Yeah, cause we all totally 'love' royalcoin. Such a serious alt coin
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syn999
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May 14, 2013, 03:01:09 AM |
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well, it doesnt look goof with all those comments
so i ll buy 1k 1ltc
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rosefox911
Newbie
Offline
Activity: 42
Merit: 0
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May 14, 2013, 03:01:33 AM |
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can we report this guy please?
edit: Someone who "quickly disconnects" seems like someone who is trying to hide something.
Or he could have just logged off. Either way, this coin seems pretty suspicious. I might not mine it. Sucks, I was pretty pumped about it. Oh well.
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Hazard
Legendary
Offline
Activity: 980
Merit: 1000
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May 14, 2013, 03:01:54 AM |
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I was provided with "release source code" to compile a windows binary from. Note that the genesis block was completely different from what is on github, so I believe this to be what he intended to release with.
Upon compiling, I did not like what I saw. I got 1 connection to the network, and started downloading a blockchain that was already 1360 blocks long. He quickly disconnected.
I suspect that he is creating a blockchain in private, which he then plans to release onto the network sometime after release. A similiar situation will unfold like what happened with gamecoin: the older, premined blockchain will replace the actual blockchain. My guess is that he gave you code with a temporary genesis block to test compiling and he would switch to the real block and compile on his own after getting your help. He wanted me compile the client. Not give him help on being able to compile it himself. This would suggest to me that this is indeed the final genesis block. 1360 blocks is also a lot. It would have taken him several hours of mining at the current difficulty to produce that many. I suspect something fishy going on.
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mercSuey
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May 14, 2013, 03:02:09 AM |
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I was provided with "release source code" to compile a windows binary from. Note that the genesis block was completely different from what is on github, so I believe this to be what he intended to release with. Upon compiling, I did not like what I saw. I got 1 connection to the network, and started downloading a blockchain that was already 1360 blocks long. He quickly disconnected. I suspect that he is creating a blockchain in private, which he then plans to release onto the network sometime after release. A similiar situation will unfold like what happened with gamecoin: the older, premined blockchain will replace the actual blockchain. +1
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nocoin
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May 14, 2013, 03:02:48 AM |
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so i ll buy 1k 1ltc
Lol, you don't even know initial difficulty and block reward.
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portice
Legendary
Offline
Activity: 999
Merit: 1000
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May 14, 2013, 03:02:55 AM |
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Dude will still get hashes. I could compile a coin called "vomitcoin" with a drunk bitch puking on the side of the road half naked and I would still get half you mother fackers to use some resources towards it. Actually, thats a pretty good idea, be back in a few hrs.
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MrWizard
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May 14, 2013, 03:03:03 AM |
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can we report this guy please?
edit: Someone who "quickly disconnects" seems like someone who is trying to hide something.
I will wait three more hours, then let the accusations fly.
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"I walked into the room dripping in Bitcoins. Yea dripping in Bitcoins." (BTC) 168DCCeGmDy3xTWRimLVhvKtK3yEWbpsSg (LTC) LbYS8VFqFSU7B9bfaHD11seQMtrtYEKpLe (BBQ) bNVZErvwLzpEG7H3kt1fycWspzRQB1MJzL
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syn999
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May 14, 2013, 03:03:50 AM |
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so i ll buy 1k 1ltc
Lol, you don't even know initial difficulty and block reward. you expect something like FRK?
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TheSwede75
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May 14, 2013, 03:03:53 AM |
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I was provided with "release source code" to compile a windows binary from. Note that the genesis block was completely different from what is on github, so I believe this to be what he intended to release with. Upon compiling, I did not like what I saw. I got 1 connection to the network, and started downloading a blockchain that was already 1360 blocks long. He quickly disconnected. I suspect that he is creating a blockchain in private, which he then plans to release onto the network sometime after release. A similiar situation will unfold like what happened with gamecoin: the older, premined blockchain will replace the actual blockchain. +1 Well it is getting pretty obvious that it is indeed the plan. Not to mention the dates on the 'current' blockchain. What a tool. I am betting he is part of the 'Marketing Team' that got laughed out of town here just before the weekend.
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mercSuey
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May 14, 2013, 03:05:24 AM |
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I was provided with "release source code" to compile a windows binary from. Note that the genesis block was completely different from what is on github, so I believe this to be what he intended to release with. Upon compiling, I did not like what I saw. I got 1 connection to the network, and started downloading a blockchain that was already 1360 blocks long. He quickly disconnected. I suspect that he is creating a blockchain in private, which he then plans to release onto the network sometime after release. A similiar situation will unfold like what happened with gamecoin: the older, premined blockchain will replace the actual blockchain. +1 Well it is getting pretty obvious that it is indeed the plan. Not to mention the dates on the 'current' blockchain. What a tool. What a tool, indeed.
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xxrforone
Member
Offline
Activity: 115
Merit: 10
NoHoooo
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May 14, 2013, 03:05:48 AM |
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fuck the new coin
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spoid
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May 14, 2013, 03:05:56 AM |
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with altcoins dying faster and faster, this would be a new speed record.
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lazlopanaflex
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May 14, 2013, 03:07:35 AM |
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Dude will still get hashes. I could compile a coin called "vomitcoin" with a drunk bitch puking on the side of the road half naked and I would still get half you mother fackers to use some resources towards it. Actually, thats a pretty good idea, be back in a few hrs.
LOL, now that's some funny shit right thar!
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rosefox911
Newbie
Offline
Activity: 42
Merit: 0
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May 14, 2013, 03:07:40 AM |
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with altcoins dying faster and faster, this would be a new speed record.
Correction, with shitcoins dying faster and faster. Not to mention, there hasn't been a single good altcoin that has long-term applications. They are ALL pump and dump. That was their goal from day 1.
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TheSwede75
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May 14, 2013, 03:07:45 AM |
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with altcoins dying faster and faster, this would be a new speed record.
Well at least this one won't waste anyone's time with instamining. Blockchain replacement is the new pre-mine. Hell, at this pace we won't even need new coins anymore. Just announce, pre-sell a few million coins, get outed as a scam artist rinse-repeat.
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nocoin
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May 14, 2013, 03:08:18 AM |
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so i ll buy 1k 1ltc
Lol, you don't even know initial difficulty and block reward. you expect something like FRK? I don't know what to expect, I don't know the value of launch difficulty. Also, Hazard, could you share with us, please.
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rosefox911
Newbie
Offline
Activity: 42
Merit: 0
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May 14, 2013, 03:10:12 AM |
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Hazard, could you post the source link please? I'd like to take a look at it.
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super3
Legendary
Offline
Activity: 1094
Merit: 1006
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May 14, 2013, 03:11:00 AM |
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Well look at that, the website is also down. COINCIDENCE! Uh-Oh! ha ha What an absolutely retarded scam.. ha ha ha I said the website was going to be down for a few minutes. Please read the thread. It is back up now.
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