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Author Topic: [ANN][SUPERCOIN]First P2p Decentralized Trustless Anonymous Wallet Coming Soon  (Read 465704 times)
Vlizzjeffrey
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June 14, 2014, 10:18:48 PM
 #1861

i must say i think i judged to soon, i didnt thought the owner of poloniex would spread fud, but now i think he does....


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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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June 14, 2014, 10:19:08 PM
 #1862

Any chance Abinito and fellow FUDsters eat crow? probably not.
Abinito
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June 14, 2014, 10:19:56 PM
 #1863

Poloniex has decided not to list SuperCoin. Here is why: https://bitcointalk.org/index.php?topic=652351

   
Why Poloniex Has Rejected SuperCoin
Today at 08:20:32 PM
Reply with quote  #1
Poloniex has decided not to list SuperCoin because of some disturbing things we turned up in our code review. I would like to draw your attention to this part of the ANN post:

Quote
- Total PoW coins will be 18.2 millions.
- Total coins (including PoS) will be about 50,000,000.

And these parts of the source code:

Code:
if (dAmount <= 0.0 || dAmount > 150000000.0)

Code:
static const int64_t MAX_MONEY = 150000000 * COIN;
static const int64_t POW_MAX_MONEY = 50000000 * COIN;

MAX_MONEY is pretty much what it sounds like. This means that the actual maximum supply of SuperCoin is 150 million, not 50 million. Furthermore, the maximum PoW coins is 50 million, rather than the claimed 18.2 million. The 150 million number appears twice in the code, so it can hardly be considered an accident.

We did not find evidence of an existing hidden premine, but extra coins could potentially be minted all at once at the end of the PoW phase, sent to exchanges via the "anon" feature, and dumped.

We have other concerns about the coin, particularly concerning the proposed method of anonymity, but the shenanigans with the maximum supply is sufficient for us to reject this coin.

Conscia mens recti, famae mendacia ridet.
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June 14, 2014, 10:21:53 PM
 #1864

ei dev, i apologize for my incompetence: the total amount of the coins will be around 50 millions... ok, but when? Within a few of days? one month? one year?
thanks

After 2 years. Because we have 2 years long PoS plan.

that's great, then we will have a low inflation and the price will goes up then more people will join us.

until now, not many people realized supercoin has a testnet Anon wallet now.

when everybody realize this, the price will sky rocket.



total PoW coins will be about 18.2 millions and total coins (PoW + PoS) is estimated at about 50 millions. This is new specs...

it's about 1/3 of old plan... :-)

true

"total PoW coins will be about 18.2 millions and total coins (PoW + PoS) is estimated at about 50 millions. This is new specs...

it's about 1/3 of old plan... :-) "


read the words of Supercointeam ....  not lie , inicially was 150 millions . Poloniex are not a serious business


                                

                                

Its still 150 million  Roll Eyes

Unless you want worthless coins because the dev grabs another 100m and dumps them, just keep buying and holding..

And Cinny and Silkcoin ?  ... sell all my cinny and silkcoins ?



Sorry if my initial post was unclear, I was just pointing out that a lot of coins have the MAX_MONEY variable set much higher than what the actual maximum number of coins is. That alone is not proof that SUPER (or SC or Cinni or any other coins that works that way) is a scam.

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June 14, 2014, 10:22:30 PM
 #1865



And Cinny and Silkcoin ?  ... sell all my cinny and silkcoins ?



They could sneak in the coins later if they wanted to with a new wallet from what me reading. No reason to have the max higher than it should be.
bitcoinwonders010
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June 14, 2014, 10:22:41 PM
 #1866

GO FUCK YOURSELF ABINITO
Vlizzjeffrey
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June 14, 2014, 10:23:18 PM
 #1867

Abinito, look at the code of other coins, we judged to quik, poloniex was just spreading fud.

guys me and abinito were just trying to prevent people from being scammed, but we misjudged, seems there
is nothing wrong at all, poloniex should've looked at other coins's codes first before tweeting fud.

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June 14, 2014, 10:24:12 PM
 #1868



And Cinny and Silkcoin ?  ... sell all my cinny and silkcoins ?



They could sneak in the coins later if they wanted to with a new wallet from what me reading. No reason to have the max higher than it should be.

If the devs were going to do a hard fork that changed the total number of coins to scam people, why would they leave a "hint" that they were going to do it in an earlier version? That's like calling the police and telling them you're going to rob a bank before you do it.

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June 14, 2014, 10:24:20 PM
 #1869



Sorry if my initial post was unclear, I was just pointing out that a lot of coins have the MAX_MONEY variable set much higher than what the actual maximum number of coins is. That alone is not proof that SUPER (or SC or Cinni or any other coins that works that way) is a scam.

It also shows that Busoni may not be as methodical in his code checking as he should be.
Abinito
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June 14, 2014, 10:24:25 PM
 #1870

GO FUCK YOURSELF ABINITO

You represent the average SUPER holder quite perfectly. Go on Wink

Conscia mens recti, famae mendacia ridet.
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June 14, 2014, 10:25:26 PM
 #1871

i must say i think i judged to soon, i didnt thought the owner of poloniex would spread fud, but now i think he does....



moron!

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June 14, 2014, 10:26:10 PM
 #1872

100% agreed. Polo should list supercoin with no transaction fees for a week
bitcoinwonders010
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June 14, 2014, 10:26:42 PM
 #1873

100% agreed. Polo should list supercoin with no transaction fees for a week

where the hell have you been maan
fireinyourhole
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June 14, 2014, 10:27:28 PM
 #1874

100% agreed. Polo should list supercoin with no transaction fees for a week

You are #1 community member. Weak bagholders are now out. Supercoin dev will come tonight and tear shit up, price going to 10k
MinerBay
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June 14, 2014, 10:27:57 PM
 #1875

Now all devs know they can sneak in more coins if their max is higher than it should be with a new fork. Besides, why would devs put in max higher than their coin supply? Makes no sense. Please explain
Abinito
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June 14, 2014, 10:28:16 PM
 #1876

100% agreed. Polo should list supercoin with no transaction fees for a week

There is the dumper. They made no mistake at all. Simple code change could unlock the coins. Fool yourself.

Conscia mens recti, famae mendacia ridet.
bitcoinwonders010
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June 14, 2014, 10:28:35 PM
 #1877

i think we may still see a fall until a official response from super coin dev
bitcoinwonders010
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June 14, 2014, 10:28:54 PM
 #1878

100% agreed. Polo should list supercoin with no transaction fees for a week

There is the dumper. They made no mistake at all. Simple code change could unlock the coins. Fool yourself.

SHUT THE FUCK UP YOU TROLL
Abinito
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June 14, 2014, 10:29:21 PM
 #1879

Poloniex has decided not to list SuperCoin. Here is why: https://bitcointalk.org/index.php?topic=652351

   
Why Poloniex Has Rejected SuperCoin
Today at 08:20:32 PM
Reply with quote  #1
Poloniex has decided not to list SuperCoin because of some disturbing things we turned up in our code review. I would like to draw your attention to this part of the ANN post:

Quote
- Total PoW coins will be 18.2 millions.
- Total coins (including PoS) will be about 50,000,000.

And these parts of the source code:

Code:
if (dAmount <= 0.0 || dAmount > 150000000.0)

Code:
static const int64_t MAX_MONEY = 150000000 * COIN;
static const int64_t POW_MAX_MONEY = 50000000 * COIN;

MAX_MONEY is pretty much what it sounds like. This means that the actual maximum supply of SuperCoin is 150 million, not 50 million. Furthermore, the maximum PoW coins is 50 million, rather than the claimed 18.2 million. The 150 million number appears twice in the code, so it can hardly be considered an accident.

We did not find evidence of an existing hidden premine, but extra coins could potentially be minted all at once at the end of the PoW phase, sent to exchanges via the "anon" feature, and dumped.

We have other concerns about the coin, particularly concerning the proposed method of anonymity, but the shenanigans with the maximum supply is sufficient for us to reject this coin.

Conscia mens recti, famae mendacia ridet.
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June 14, 2014, 10:30:23 PM
 #1880

If you want Poloniex add Supercoin again, you can say some kindly here for Support Supercoin.

they may make their decision again.

https://bitcointalk.org/index.php?topic=652351.0

thank you very much for your Support.
 Wink
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