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Author Topic: Another Ripple fork, fake or real?  (Read 415 times)
Balladtony77 (OP)
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March 01, 2020, 03:21:29 PM
 #1

I wasn't too surprised when I came across this project today claiming to be XRP fork, I remember I've seen many Eth forks in 2018 that introduced bounties but end up been a scam

Here is the link of the new bounty project that raised too many eye brow

https://bitcointalk.org/index.php?topic=5229448.0

Tell me what you guys have to say about this

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March 01, 2020, 03:33:44 PM
 #2

Ripple never does a hardfork and any coin that claimed to be a ripple fork is not a real ripple fork. That's only a garbage coin that used the name of big coin to get the demand from the ripple users and holders.
Please avoid dealing with such coin. The ripple fork coin never exists. Most of these coins were claiming to be the fork just a new copy cat coin.

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March 01, 2020, 03:39:40 PM
 #3

Ripple never does a hardfork and any coin that claimed to be a ripple fork is not a real ripple fork. That's only a garbage coin that used the name of big coin to get the demand from the ripple users and holders.
Please avoid dealing with such coin. The ripple fork coin never exists. Most of these coins were claiming to be the fork just a new copy cat coin.

Yeah, we haven't heard any Ripple fork whatsoever, so probably this is another scam attempt. No whitepaper and no team? what kind of project is that?

Besides, there is a on-going battle in the court, https://www.courtlistener.com/docket/8150354/85/zakinov-v-ripple-labs-inc/

So maybe the people behind are using it to looks like there is a real Ripple fork, and the campaign is like 3 weeks running?
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March 01, 2020, 03:47:21 PM
 #4

I have just stopped by to read a little. With the tagline "Ripple decentralized," I think this project is a joke. You just can't decentralize a centralized system. Anyway, it seems that the XRDC coin won't use XRP codebase since it's a PoW coin (assumed that the project is real). They just use the "Ripple" brand for popularity.

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March 01, 2020, 03:48:08 PM
 #5

again, shit people want to take advantages from market recovery by scamming people with create fake project. i dont understand why they could do this thing, meanwhile if they able to create fake project it mean they have capability to developt real project.

Yeah, we haven't heard any Ripple fork whatsoever, so probably this is another scam attempt. No whitepaper and no team? what kind of project is that?
no need whitepaper or dev team to scamming people,
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March 01, 2020, 03:51:17 PM
 #6

The only problem here they are suggesting to use thier online wallet instead of giving a link to legit ripple wallet that can be use.  Since its new i dont think i can trust that wallet to stored any of my xrp. they are also generating new wallet to thier address. The bounty is only started today but the snapshot will happen in just 1 day base on the website time.

They are not answering questions in telegram channel.
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March 01, 2020, 03:54:56 PM
 #7

just be careful with it, dont use your main wallet that connected even for this bounty campaign. they also provide free coin for XRP holder and provide web wallet that need access with your private/secret key.
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March 01, 2020, 04:10:05 PM
 #8

It's just another some fake fork i think, Same with other people that say above to be more careful with something like this, It's have same scheme with another fork that you can find on other popular coin.

Yeah, we haven't heard any Ripple fork whatsoever, so probably this is another scam attempt. No whitepaper and no team? what kind of project is that?

Besides, there is a on-going battle in the court, https://www.courtlistener.com/docket/8150354/85/zakinov-v-ripple-labs-inc/

So maybe the people behind are using it to looks like there is a real Ripple fork, and the campaign is like 3 weeks running?
Anyway, I'm little bit curious what is this case about? I have visited and seen the file case but do not really understand, Anyway thanks for the information mate!
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March 01, 2020, 04:15:52 PM
 #9

Ripple never does a hardfork and any coin that claimed to be a ripple fork is not a real ripple fork. That's only a garbage coin that used the name of big coin to get the demand from the ripple users and holders.
Please avoid dealing with such coin. The ripple fork coin never exists. Most of these coins were claiming to be the fork just a new copy cat coin.
Do not misinterpret forking the code source with a hardfork-chain split. There is no fake or real in this case because they do not claim to be a real Ripple but instead another.
They are forking Ripple code-source or we can call it they are re-creating Ripple from the beginning using their model. Just like you said it is a new copycat coin using Ripple source if they are really build up their blockchain.
So far we know nothing about their project, I have asked a few questions on their thread regarding their information.
Until further confirmation, I think it is better for us to stay away from it.
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March 01, 2020, 04:27:12 PM
 #10

Very suspicious project because they don't provide details who they are, I would understand if its a privacy coin but its not. They didn't promise an exchange listing nor any partnership to a crypto project in the past.  If they are not answering questions in the telegram then, the team is not serious in this promotion.  

I just quote some FAQ from them.


Code:
Why did you decide to Fork Ripple?

We believe that the idea of Ripple is great, but the execution is flawed. The management has too much control over the supply of coins. The CEO keeps dumping XRP in the market for personal enrichment. This led to a 90% drop in value in the past couple of years. We want to move away from this unsustainable model and make Ripple decentralized.  

Is it a hard fork?

No. Ripple isn't a mineable coin, so technically it can't have hard forks. We call our coin a fork because it's based on XRP but also different in terms of the consensus, coin issuance, and control over supply.


https://ripple-decentralized.com/faq.html

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March 01, 2020, 05:36:05 PM
 #11

Ripple never does a hardfork and any coin that claimed to be a ripple fork is not a real ripple fork. That's only a garbage coin that used the name of big coin to get the demand from the ripple users and holders.

I can't agree more. Forks are all bunch of shitcoins, like bitcoincash, and other forks in the top cryptocurrency like bitcoin, Ethereum, etc. Even if it is real, it can't hide fact that it is just a clone of the original one, and we all know that clones never stay forever, maybe they do have a price for a while, but I guarantee you, it won't last that long.

Claiming those forks is not bad at all, but it is not worthy to be on hold in your wallet for years, it will just rot in there and will become useless if you don't sell it after you claimed it.
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March 01, 2020, 10:46:38 PM
 #12

This is probably a joke coin. The name itself is describing the description of Ripple and this has been called by many cryptocurrency people. And if it's official, just look to the channels or mediums of XRP or the specific coin and see if they are the coin that forks it.
Btw, this is crypto and many developers can fork any project that they want and make the coin look like a joke.

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March 02, 2020, 03:58:08 AM
 #13

I don't think it's real or maybe it's just sht fork? well they don't even have an announcement thread to discuss what's their difference to ripple itself. But I don't think what's the purpose of them creating such thing (If it was fake).

It suspicious that they didn't have an announcement thread and just a group  Huh but as a normal person I see this as not real/fake kind of fork.


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March 02, 2020, 04:19:18 AM
 #14

The only problem here they are suggesting to use thier online wallet instead of giving a link to legit ripple wallet that can be use.  Since its new i dont think i can trust that wallet to stored any of my xrp. they are also generating new wallet to thier address. The bounty is only started today but the snapshot will happen in just 1 day base on the website time.

They are not answering questions in telegram channel.
those are points that may tells us this project to scam,making people to download your apps to be used as wallet is really doubtful .
why not just let people use other wallet for their own safety?
and also not answering valuable points asked in telegram is a sure thing they are scammers,and also those people that asked same questions will be blocked or kicked in their group?no don't trust  project like this.

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March 02, 2020, 05:52:36 AM
 #15

I would call this project a stolen brand just like some fake Ethereum forks that died few months later, some never even get listed on exchange, this is another time wasting probably project

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March 02, 2020, 06:23:14 AM
Last edit: March 02, 2020, 06:35:43 AM by masterrex
 #16

I wasn't too surprised when I came across this project today claiming to be XRP fork, I remember I've seen many Eth forks in 2018 that introduced bounties but end up been a scam

Here is the link of the new bounty project that raised too many eye brow

https://bitcointalk.org/index.php?topic=5229448.0

Tell me what you guys have to say about this
Yeah, they are claiming that it is a fork from ripple because it was base on the Ripple Blockchain according to them their goal is to decentralize the XRP coin and they are telling also that there will be an airdrop for those holding XRP in the personal wallet the snapshot will occur on March 3  1 XRP: 2 XRDC coin ratio, by the way, I will try it. I think it is not a problem if its true or not. my XRP still in my wallet so still it is in my control. I do not trust this project in totality thats why take extra precaution I won't join in their bounty. but I try its airdrop if it is true.
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March 02, 2020, 06:23:20 AM
 #17

This bounty is fake for sure and yet some idiot bounty hunters still promoting the project, people will never learn, the fake project has no link to ANN page and no official news of fork from Ripple which can never happen because it's centralized, I just pity some people

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March 02, 2020, 06:31:52 AM
 #18

If you are thinking of participating in that bounty, I will advise you to not waste your time and energy because the project is not a viable one. This is very common for a long time now to see a false forked being announced to be a faceless individual. Last year alone, not fewer than 4 Ethereum fork was announced here on BTT and all of them were purely fake. If I am in your shoes, I think I will take a look at the website and check for basic tips before committing to the project. This project lacks credibility and see that web wallet makes me remember some crude way these scammers use to steal important information from people
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March 02, 2020, 06:42:54 AM
 #19

I'm sick and tired of fork projects in crypto space, anyone remember electroneum? Some developer decide to fork the project to etnx and the original etn team told everyone they knew nothing about the fork, it's just copycats, stay away from forks unless announced by the original
hirngespenst
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March 02, 2020, 07:19:42 AM
 #20

This is surely a scam attempt. Last year Ethereum vision bounty came with the same way. Just a website, no team, no partner, no wallet! All of these attempts to scam people's money. But I feel worried that many people are doing this bounty, did they forget about ETCV? There is no ripple fork, if you ask some technical question in their telegram group, you will be banned by these scammers Ripple Decentralized's admins.

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