It's almost a two years old project. The dev restarted the blockchain without caring of current holders, no swap no announcements. Now he's not paying people who've been mining in the official pool and get rid of the previous helpers by banning them because they defended the previous holders.
What I see from the domain age is only 20 days, so not years and they are just trying to copy from another project that I found is almost the same as Bitweb. ANN -
[ANN] Bitweb---a new open source p2p moneyModestcoin is an experimental digital currency that enables instant payments to anyone, anywhere in the world. Modestcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. Modestcoin Core is the name of open source software which enables the use of this currency.
Bitweb is an experimental digital currency that enables instant payments to anyone, anywhere in the world. Bitweb uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. Bitweb Core is the name of open source software which enables the use of this currency.
