[ANN] Dreamcoin [DRM] - X11 - PoW/PoS - Poloniex - Bittrex ~ 15% PoS!

[BKCrypto]

The coin has soared, crazy. What is the reason?

Low supply, High demand 

[abalam]

DreamCoin [DRM] is now on Europex : https://www.europex.eu/#!coin/btc/drm
Only 0.12% exchange fee
Only 0.00002 BTC fee for instant BTC withdraw

[doch]

Could the dev elaborate a little bit about this thread? : https://bitcointalk.org/index.php?topic=606979.0

Dev has already elaborated on all of this a few pages back.

[Chester-Chark]

the price is good enough for selling.

[Collegestudent]

The coin has soared, crazy. What is the reason?

Low supply, High demand 

only 1.85mill coins bound to happen

[cryptobuddy]

The real Zerocoin developer is not even finished with the code yet to create his coin release called "Zerocash".  Both of these new coins, Dreamcoin and Libertycoin, came out of nowhere at the same time, both having the words "Zerocoin" in their announcement titles.  I went investigating, wanting to invest in one of them if there was any hope of decent returns.  I went to Dreamcoin first and discovered the coin dev has already made something like 4-5 coins in the past year, Timecoin, Hashcoin, Matrixcoin, etc.  He's basically a serial coin cloner and his last coin was just released in April.

Some people managed to contact the Zerocoin anonymity function creator himself on twitter (lots of different posts and info there): https://twitter.com/secparam/status/465971947386720256

Both coins are advertised "Zerocoin" while having absolutely no Zerocoin functionality, or even close to it.  At best this is false advertising, at worst it's a scam.

Then there were claims of "working with the Zerocoin devs" to implement it in Dreamcoin, here is the Zerocoin developer's official response:



Code inspection of Dreamcoin:

http://pastebin.com/rknTJpWd

Let's say you want to invest in Dreamcoin anyway, fully knowing there is no Zerocoin functionality, and that the serial coin cloner dev is either trying to scam you or falsely advertise.

115 full block instamined, love it!

The coin was launched with NO POOL so the dev could just sit there mining alone.  I looked up his past coins and those seem to have similar circumstances.

There was a big, false propaganda campaign against Shibecoin because the first 50 blocks were mined by a pool address that went to many different people.  Some fat, 50 year old idiot made an article about it on google search claiming a pool address is the dev's address and claiming the Shibecoin dev got it all, when he didn't.  This Dreamcoin has the first 115 full blocks probably going straight to the dev's pocket, not a pool, since the coin launched with no pool, and people give it a pass while calling Shibecoin a scam?  Are you kidding me?

Next you have the problem that Zerocoin has EXTREMELY complex security vulnerabilities where you're basically required to have absolute trust in the coin creator or he can easily pull Asiacoin type frauds on you.  You do not want ANY kind of Zerocoin functionality except possibly from the Zerocash dev himself, and even then, it's still sketchy.  The only Zerocoin implementation that will ever be trusted is Zerocash, created by the Zerocoin dev, and even then, most security experts will still probably not trust it due to it's double spend security hazards.

Security Warning: It is critical that the modulus N be generated properly and that the factors p, q and all related information be destroyed. These factors are not needed in the protocol. Moreover, any party who learns these factors will be able to double-spend zerocoins. Note however that knowledge of p, q does not jeopardize the anonymity of Zerocoin.

Simple conclusion: Dreamcoin does not have the expected function as Zerocoin believed to have.

[vipin.khatri20]

The real Zerocoin developer is not even finished with the code yet to create his coin release called "Zerocash".  Both of these new coins, Dreamcoin and Libertycoin, came out of nowhere at the same time, both having the words "Zerocoin" in their announcement titles.  I went investigating, wanting to invest in one of them if there was any hope of decent returns.  I went to Dreamcoin first and discovered the coin dev has already made something like 4-5 coins in the past year, Timecoin, Hashcoin, Matrixcoin, etc.  He's basically a serial coin cloner and his last coin was just released in April.

Some people managed to contact the Zerocoin anonymity function creator himself on twitter (lots of different posts and info there): https://twitter.com/secparam/status/465971947386720256

Both coins are advertised "Zerocoin" while having absolutely no Zerocoin functionality, or even close to it.  At best this is false advertising, at worst it's a scam.

Then there were claims of "working with the Zerocoin devs" to implement it in Dreamcoin, here is the Zerocoin developer's official response:



Code inspection of Dreamcoin:

http://pastebin.com/rknTJpWd

Let's say you want to invest in Dreamcoin anyway, fully knowing there is no Zerocoin functionality, and that the serial coin cloner dev is either trying to scam you or falsely advertise.

115 full block instamined, love it!

The coin was launched with NO POOL so the dev could just sit there mining alone.  I looked up his past coins and those seem to have similar circumstances.

There was a big, false propaganda campaign against Shibecoin because the first 50 blocks were mined by a pool address that went to many different people.  Some fat, 50 year old idiot made an article about it on google search claiming a pool address is the dev's address and claiming the Shibecoin dev got it all, when he didn't.  This Dreamcoin has the first 115 full blocks probably going straight to the dev's pocket, not a pool, since the coin launched with no pool, and people give it a pass while calling Shibecoin a scam?  Are you kidding me?

Next you have the problem that Zerocoin has EXTREMELY complex security vulnerabilities where you're basically required to have absolute trust in the coin creator or he can easily pull Asiacoin type frauds on you.  You do not want ANY kind of Zerocoin functionality except possibly from the Zerocash dev himself, and even then, it's still sketchy.  The only Zerocoin implementation that will ever be trusted is Zerocash, created by the Zerocoin dev, and even then, most security experts will still probably not trust it due to it's double spend security hazards.

Security Warning: It is critical that the modulus N be generated properly and that the factors p, q and all related information be destroyed. These factors are not needed in the protocol. Moreover, any party who learns these factors will be able to double-spend zerocoins. Note however that knowledge of p, q does not jeopardize the anonymity of Zerocoin.

Simple conclusion: Dreamcoin does not have the expected function as Zerocoin believed to have.

One more troll. If you would have read this thread properly, you would not have posted this s**t to defame the coin. Whenever a coin becomes successfully guys like you come trolling about a possible scam. Dev has already answered all the question and the community is satisfied with that. We don't need your advise, go and troll somewhere else.

[Auna]

Did I do fine this time? I bought some for 8k sats 

[dida]

in day or two will be in 100.000 satoshies....more soon then I expected...

[lexusivan888]

great coin, great DEV... great community... this is what i saw from DAY 1.

guys, i really think we should donate to DEV,, he can hire some more devs to help him..
and they can make our DREAM even bigger...

 

[dida]

great coin, great DEV... great community... this is what i saw from DAY 1.

guys, i really think we should donate to DEV,, he can hire some more devs to help him..
and they can make our DREAM even bigger...

 

+1

[cryptobuddy]

Simple conclusion: Dreamcoin does not have the expected function as Zerocoin believed to have.

One more troll. If you would have read this thread properly, you would not have posted this s**t to defame the coin. Whenever a coin becomes successfully guys like you come trolling about a possible scam. Dev has already answered all the question and the community is satisfied with that. We don't need your advise, go and troll somewhere else.

I am not giving you or Dreamcoin fans any advice. You all can live inside your dream.

I think for people who first visit this thread have the right to learn more what other people said.

If you guys don't like negative information, why don't you guys set up a self-moderated thread?

Telling facts cannot be considered as "defamation".

[myxamop]

great coin, great DEV... great community... this is what i saw from DAY 1.

guys, i really think we should donate to DEV,, he can hire some more devs to help him..
and they can make our DREAM even bigger...

 

+1

+100

[vipin.khatri20]

Simple conclusion: Dreamcoin does not have the expected function as Zerocoin believed to have.

One more troll. If you would have read this thread properly, you would not have posted this s**t to defame the coin. Whenever a coin becomes successfully guys like you come trolling about a possible scam. Dev has already answered all the question and the community is satisfied with that. We don't need your advise, go and troll somewhere else.

I am not giving you or Dreamcoin fans any advice. You all can live inside your dream.

I think for people who first visit this thread have the right to learn more what other people said.

If you guys don't like negative information, why don't you guys set up a self-moderated thread?

We would definitely like you negative feedback and get worried if Dev had not answered any question regarding this issue. Our community is satisfied and new people who come here and do some research will also be satisfied by Devs response and future plans.So after Devs response to this issue ,the information you are trying to give is irrelevant. Finally if you are so concerned about new people then let me tell you that the OP page does not state anywhere that Zerocoin is working but Dev has left a message about its future implementation, so thank you and go somewhere else.

[Chester-Chark]

Did I do fine this time? I bought some for 8k sats 

congratulation buddy  you will make a lot of money

[Collegestudent]

Marketcaps only $260K LOL should be more than Darkcoin's if Zerocoin is implemented

[dida]

Block Count:
7597
POW Blocks Left:
2403
Blocks Until POS:
403
Money Supply:
1610700
Difficulty:
531.48133858
0.00024414
Connections:
115
Network H/s:
63408.19354502 Mh/s

 

[dida]

Bittrex and Poloniex are literally burning because of Dreamcoin 

[mfqrs3]

I hear people talking at other threads that zerocoin is abandoned by it's devs is it true ? Will this coin loose his value if there is no zerocoin ?

[cryptobuddy]

Simple conclusion: Dreamcoin does not have the expected function as Zerocoin believed to have.

One more troll. If you would have read this thread properly, you would not have posted this s**t to defame the coin. Whenever a coin becomes successfully guys like you come trolling about a possible scam. Dev has already answered all the question and the community is satisfied with that. We don't need your advise, go and troll somewhere else.

I am not giving you or Dreamcoin fans any advice. You all can live inside your dream.

I think for people who first visit this thread have the right to learn more what other people said.

If you guys don't like negative information, why don't you guys set up a self-moderated thread?

We would definitely like you negative feedback and get worried if Dev had not answered any question regarding this issue. Our community is satisfied and new people who come here and do some research will also be satisfied by Devs response and future plans.So after Devs response to this issue ,the information you are trying to give is irrelevant. Finally if you are so concerned about new people then let me tell you that the OP page does not state anywhere that Zerocoin is working but Dev has left a message about its future implementation, so thank you and go somewhere else.

Hey... Your written English is really poor, at least worse than mine. Are you a Chinese? Is Dreamcoin a Chinese Coin?