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Author Topic: Important: Do your research which devs are building a coin  (Read 128 times)
Phu Juck (OP)
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April 14, 2024, 02:12:52 PM
 #1

When you exchange your valuable Bitcoin or Ethereum for a different alt coin, you really need to research which devs are behind it.
It is very important because devs are making a project successful, or if it’s a bad dev, can make it fail.

A good dev should have huge knowledge in crypto, coding and computer science because he needs to achieve a secure and fast blockchain. If he does not make a good code, such platform can be hacked and coins will be lost and lose value because of price dump.


Dev examples of good coins:


Bitcoin BTC

Bitcoin is built by Satoshi Nakamoto who made a really big invention: PoW
He created Bitcoin and it worked very well. Many people were impressed by his coding skills. Today, really good devs are still developing Bitcoin like Peter Wuille and George Antonopoulos. Bitcoin has very good devs and it was proven, when Bitcoin’s Seg Wit was developed because it was a great invention.
Bitcoin is a very clear example for good devs.


Ethereum [ETH]

Ethereum is also very famous for good code and huge achievements. Behind Ethereum are great devs like Vitalik Buterin and Joseph Lubin. Vitalik Buterin is very wise, a great computer scientist and coder who has shown his skills in Ethereum and is developing Ethereum 2.0, a huge coding network.
Ethereum has really a great team of devs.


Avalanche [AVAX]

Avalanche was invented by Emin Gün Sirer. He is a really famous computer scientist and has a huge reputation as a professor at Cornell University in America. He has written so many academic research and gained a lot of knowledge which lead to his invention of Avalanche. At Avalanche, also Kevin Sekniqi is a dev, who is also a computer scientist from Cornell University in America.
Avalanche devs are really scientific and have achieved so much technical code.


Yearn Finance [YFI]

Yearn Finance has a really great dev, Andre Cronje.
Andre Cronje invented Yearn Finance before Defi got famous. He is for Defi what Satoshi Nakamoto is for crypto when Satoshi invented Bitcoin.



Andre Cronje has written such a good code to enable a decentralized finance.

Yearn Finance is currently very undervalued because many shit Defi projects are doing a better marketing.






Dev examples for bad coins


Binance coin [BNB]

Binance is a very weak platform and very unproven. And has it real devs? Because Binance CEO does not seem to be a coder. He’s only active at marketing.
Binance seems to be really a bad coin.


Tron coin [TRON]

Tron coin was launched by Justin Sun to defeat Ethereum but people don’t like Tron. It can be seen easily about Justin Sun’s coding skills: he can’t it!
For Tron’s devs it can be seen clearly: Tron has no scientific standards which are needed for defeat Ethereum.
Like Binance, Justin Sun from Tron is only good for marketing and for coding, Tron is like Binance not a robust network.
Maybe it’s simple copy paste.



Now you know: Dev is very important for coding every coin and research about it will make us find good coins for a profit!
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April 15, 2024, 07:15:42 AM
 #2

Despite the fact that this post was created by you several years ago on other forums, it would be a good thing to transfer here not only the information but also the link to the place where this post was originally posted. If you respect the rules of the forum, of course.

Although, it is not clear why he drags information here that is open on the Internet and is not new.
www.altcoinstalks.com/index.php?topic=217512.0

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April 16, 2024, 04:34:39 AM
 #3

This should be regarded as pure plagiarism of self, he would have made is easy and simpler for himself by giving a link as reference, I don't think he even made any additional informations to the content than just copy and paste, was it that you have not read the rules and regulations here or because you think it's a different platform, don't take some cases into your hands and judge OP, do the needful if you don't want to be banned.

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April 16, 2024, 05:43:16 AM
 #4

Dev examples for bad coins

Binance coin [BNB]

Tron coin [TRON]

Now you know: Dev is very important for coding every coin and research about it will make us find good coins for a profit!


So you consider BNB and TRON as a bad coin and AVAX and YFI as a good coin? What the fuck?
Okay, I don't have coding knowledge as well and I don't know which one is a good one and which one is bad. But just because Binance did not reveal who is the coder of BNB, does it make BNB a bad coin? What a logic dude. You could have revealed some weak points about BNB and Tron and then we could understand why BNB and TRON are bad and why AVAX and YFI are good coins.

Let's assume you are right. Then could you please tell me why BNB is ranked 4 when it comes to the top 10 coins and your so-called YFI at 244? The good coin YFI should beat BNB if they are proven as good. Right? Could you please post some logic and explanation?

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April 16, 2024, 10:30:21 AM
Last edit: April 16, 2024, 11:22:07 AM by Phu Juck
 #5

Despite the fact that this post was created by you several years ago on other forums, it would be a good thing to transfer here not only the information but also the link to the place where this post was originally posted. If you respect the rules of the forum, of course.

Although, it is not clear why he drags information here that is open on the Internet and is not new.
www.altcoinstalks.com/index.php?topic=217512.0
It is not a crime to publish my text from Altcoinstalks also here on Bitcointalk.


This should be regarded as pure plagiarism of self, he would have made is easy and simpler for himself by giving a link as reference, I don't think he even made any additional informations to the content than just copy and paste, was it that you have not read the rules and regulations here or because you think it's a different platform, don't take some cases into your hands and judge OP, do the needful if you don't want to be banned.
Your accusations don't have any value because you can't accuse me of plagiarism where you can't plagiarise yourself, what a joke post.
Post reported.


Dev examples for bad coins

Binance coin [BNB]

Tron coin [TRON]

Now you know: Dev is very important for coding every coin and research about it will make us find good coins for a profit!


So you consider BNB and TRON as a bad coin and AVAX and YFI as a good coin? What the fuck?
Okay, I don't have coding knowledge as well and I don't know which one is a good one and which one is bad. But just because Binance did not reveal who is the coder of BNB, does it make BNB a bad coin? What a logic dude. You could have revealed some weak points about BNB and Tron and then we could understand why BNB and TRON are bad and why AVAX and YFI are good coins.

Let's assume you are right. Then could you please tell me why BNB is ranked 4 when it comes to the top 10 coins and your so-called YFI at 244? The good coin YFI should beat BNB if they are proven as good. Right? Could you please post some logic and explanation?
Yes, BNB and TRON are a bad coin and AVAX and YFI are good coin. Where is it fuck?
BNB and TRON simply have bad developers and having a good developer meas having disadvantages in competition against competing coins and such coins might fail long-term.

Take Avalanche for example. Sir Emin and his team are well known to be academics. Sir Emin is a Professor at a US University. He knows very well what he's doing. He is a really famous computer scientist and has a huge reputation as a professor at Cornell University in America. He has written so many academic research and gained a lot of knowledge which lead to his invention of Avalanche. At Avalanche, also Kevin Sekniqi is a dev, who is also a computer scientist from Cornell University in America.
Avalanche devs are really scientific and have achieved so much technical code.

While for BNB and TRON, we don't have such a track record. Is CZ from Binance a good coder? I doubt it...
Is Justin Sun a good coder? Definitely no because he has no track record.


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April 16, 2024, 10:47:35 AM
 #6

I agree, trusting an Altcoin to be a good choice always means to trust all developers behind it as well. It's impossible to have a good Altcoin from a bad coder because it will inevitably lead to a weak coin, especially weak security (if it's a coin not a token, which many Meme"coins" (in rerality tokens) are nowadays).
And this also applies to all Meme coins because I would consider all Meme coins except DOGE as very shady cash grab, if not fraud itself because such coins just live from a very short hype. SafeMoon, a formerly famous Memecoin has basically failed.
It's different for Doge, of course but mainly because Doge is an original and therefore ahead of all other Memecoin copies.
And the developer behind DOGE was not a bad one either. Nowadays, almost all Memecoin developers are wannabe script kiddies.

Your examples of BNB and TRON are well selected because neither has a good developer. And a good developer is of utmost importance: When a new challenge will come, bad developers will be challenged to get all updates correctly and if not all updates are implemented correctly, it is a securitiy risk.
Centralization is a security risk as well.
And not one wants to hold a coin that is prone to security risks. Just remember Terra Luna from Do Kwon, a script kiddie.

Justin Sun from Tron might know how to act in public and especially how to do his marketing stuff but he's not known to be a good coder.
Tron is just talks and marketing glamour.

BNB from CZ is a very generic platform coin to "invent" all shady shittokens and similar on it. Definitely overvalued and centralized and also a security risk if we assume centralization is a security risk.
CZ might be a good entrepreneur but he's not a good coder.

YFI?
Andre Cronje is very experienced in DeFi and his work deserves credit. But YFI is not a Top 10 or even Top 20 coin.

From all Altcoins, I would also see Avalanche as a good choice because of Emin and his team, his academic background and his knowledge about decentralized platforms.

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April 16, 2024, 11:18:09 AM
 #7

It is not a crime to publish my text from Altcoinstalks als here on Bitcointalk.

This is an anonymous forum. It doesn't recognize people, it only recognizes users/accounts so it's best if you state where you got your article from.
Secondly, what's the point of coping and pasting the exact same thing you wrote somewhere else about 3 years ago? Why not just drop the link for us to go to the original post and read?


While for BNB and TRON, we don't have such a track record. Is CZ from Binance a good coder? I doubt it...
Is Justin Sun a good coder? No because he has no track record.

One reason will not trust BNB is because it's a centralized coin. I don't trust all centralized coins. Binance, being one of the biggest CEX in the world currently won't get bad Devs to develop their coin. They can afford the best and I feel they did that because BNB is doing very well currently.

R


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April 16, 2024, 11:25:52 AM
 #8

It is not a crime to publish my text from Altcoinstalks als here on Bitcointalk.

This is an anonymous forum. It doesn't recognize people, it only recognizes users/accounts so it's best if you state where you got your article from.
Secondly, what's the point of coping and pasting the exact same thing you wrote somewhere else about 3 years ago? Why not just drop the link for us to go to the original post and read?
It's my article.
And I have published my article here because Bitcointalk needs new input and a proper text to be published also on Bitcointalk.
If it's only on Altcoinstalk, traffic would go to Altcointalks for viewing my article.


While for BNB and TRON, we don't have such a track record. Is CZ from Binance a good coder? I doubt it...
Is Justin Sun a good coder? No because he has no track record.

One reason will not trust BNB is because it's a centralized coin. I don't trust all centralized coins. Binance, being one of the biggest CEX in the world currently won't get bad Devs to develop their coin. They can afford the best and I feel they did that because BNB is doing very well currently.

You are right, a centralized coin can't be trusted. Much more people need to realize how centralized BNB really is.
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April 17, 2024, 05:43:12 AM
 #9

Yes, BNB and TRON are a bad coin and AVAX and YFI are good coin. Where is it fuck?
BNB and TRON simply have bad developers and having a good developer meas having disadvantages in competition against competing coins and such coins might fail long-term.

Okay cool. But you cannot go away with your broken logic. Please prove to me that YFI is a better coin than BNB or TRX not who coded it. You don't even know who is the developer of BNB. You are saying YFI is a good coin just because someone developed it. You created the same thread in another forum a long time ago and a long time has passed already, how long your coins will take to surpass the BNB and prove themself as better coin than BNB and TRX? At least give some logic as that why BNB and TRX are bad and YFI is better than those coins. A coin cannot be better just because some popular coder developed it. Satoshi did not publish some other coins before BTC. We don't even know him. Should we consider him a bad coder or BTC as a bad coin?

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April 17, 2024, 12:49:28 PM
 #10

The success of the project is not only linked to development. We have the Monero currency, and although it is advanced, Solana is better than it in terms of market capacity.
Yearn Finance [YFI] was a thing years ago, but I did not hear anything about this project, and Avalanche has declined a lot over the past years, so the list of the good and bad altcoins changes every 3 months, and what was an excellent investment 3 months ago will be bad after 6 months or a year.

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April 17, 2024, 02:32:19 PM
 #11

Yearn Finance was once in the news, but it seems to have lost its relevance now. BNB is a coin created by Binance Exchange, and we all know who owns Binance Exchange. Justin Sun is the founder of Tron, so it's not accurate to say that we don't know the owners of these two coins. Just like we know who created Bitcoin or who is behind Ethereum, we also know about BNB and Tron. In my opinion, your topic doesn't make any sense as your negative outlook toward these two coins seems to be based on personal bias.

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..CASINO....SPORTS....RACING..
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Phu Juck (OP)
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April 17, 2024, 05:58:25 PM
 #12

Yes, BNB and TRON are a bad coin and AVAX and YFI are good coin. Where is it fuck?
BNB and TRON simply have bad developers and having a good developer meas having disadvantages in competition against competing coins and such coins might fail long-term.

Okay cool. But you cannot go away with your broken logic.
It's not broken logic, it's very good logic.

Please prove to me that YFI is a better coin than BNB or TRX not who coded it.
Who coded it is very relevant because if it's a bad coder, it will be a flawed code and get exploited later, like Terra Luna. A good developer will prevent flaws in his code because he will see if it can get exploited.
And from a normal perspective, only a good coder can code a good coin which is really decentralized.
Many coders can code a centralized coin but only a good coder can code a good decentralized coin. Or how many working decentralized competing coins against Bitcoin do you see? Not much because it is very difficult to come close to what Satoshi Nakamoto has coded.

You created the same thread in another forum a long time ago and a long time has passed already, how long your coins will take to surpass the BNB and prove themself as better coin than BNB and TRX?
It can take very long because investors are greedy and or stupid not doing enough research. See how much market capitalization some Memecoins have. It's really sad to see but it is how it is.
We need to drop centralized shitcoins and go for decentralized coins, which we don't have much because like I already explained above.


At least give some logic as that why BNB and TRX are bad and YFI is better than those coins.
It's all about code and decentralization. Many coders can code a centralized, flawed shitcoin but only a good coder can code a good decentralized coin. See my text above.
Who is coder from a coin is very important.



A coin cannot be better just because some popular coder developed it. Satoshi did not publish some other coins before BTC. We don't even know him. Should we consider him a bad coder or BTC as a bad coin?
It can, just look at Bitcoin. Bitcoin has very good code, it is decentralized and Satoshi Nakamoto got famous for it. Bitcoin is a really good example, why it's relevant to trust only good code. Satoshi got famous for what he did.
Bitcoin developers are known to offer a good code as well, see my post Bitcoin is very safe coin because of good developers.
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April 18, 2024, 01:21:46 PM
 #13

A coin cannot be better just because some popular coder developed it. Satoshi did not publish some other coins before BTC. We don't even know him. Should we consider him a bad coder or BTC as a bad coin?
It can, just look at Bitcoin. Bitcoin has very good code, it is decentralized and Satoshi Nakamoto got famous for it. Bitcoin is a really good example, why it's relevant to trust only good code. Satoshi got famous for what he did.
Bitcoin developers are known to offer a good code as well, see my post Bitcoin is very safe coin because of good developers.

Satoshi became famous because he coded Bitcoin and it took a long time to prove it and the entire internet had to trust an unknown person. Satoshi was not born a famous coder. Do you understand what I am talking about? A coder is not born as a famous coder. You have to give them a chance and they will prove themself. You don't know if some unknown coder will be famous in the next decade because he has coded another coin that may lead the crypto market in the future. An unknown coder does not mean he won't check the vulnerability. Do you think Vitalik is a good coder? If so, you should know that ETH was hacked as well.

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