razorisascam (OP)
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Activity: 1
Merit: 0
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June 25, 2014, 08:22:17 PM |
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From the bitcointalk ANN: Max Coins: 2,000,000 (2 Million) Block reward: 100 Halving: every 10,000 blocks In the code it has 2bn coins and the block halving resets every once back the beginning. PROOF (if they take it down, look at one of the forks) From https://github.com/razor-coin/razormain.h:- static const int64 MAX_MONEY = 2000000000 * COIN;
main.cpp:- int64 static GetBlockValue(int nHeight, int64 nFees) { int64 nSubsidy = 100 * COIN; int64 nSubsidyHalvingInterval = 10000; int halvings = nHeight / nSubsidyHalvingInterval; nSubsidy >>= halvings;
return nSubsidy + nFees; }
Explanation: reward starts at 100 coins per block. after 10000 blocks, cut the current reward in half using bitshifting. Bit bit shifts wrap around so when it run out of bits resets to the beginning and so rewards go back to 100 coins per block. And because MAX_MONEY is set to 2bn and not 2m razorcoin will continue to mine more coins over and over again. This is not a mistake because if you look at the source history, the coin is a fork from neutrinocoin and you can specifically see the code changes made here https://github.com/razor-coin/razor/commit/82ed7cd0dc91d7044fef864e29bc2cac8b484065 (again look at a fork if they take this down). Bryce Weiner is behind the con http://whois.domaintools.com/razorco.in if he changes it you can see from the (whois history) and appears in the list of "achievements" at blocktech.com which seems to be a front. STAY AWAY, this is a deliberate scam claiming scarcity and yet clever hiding a scam in the code.
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leofromhell
Newbie
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Activity: 12
Merit: 0
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June 25, 2014, 09:10:19 PM |
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inb4 schooling
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baseke
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June 25, 2014, 09:12:42 PM |
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polo is it u again?
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simondlr
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June 25, 2014, 09:14:01 PM |
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MAX_MONEY is a limit on how much coins is viable in a single transaction. If such a tx propagates with such outputs, it's an obvious fake and thus clients just drop it (don't even bother to do additional checks). Ask Dogecoin about it. That's why one of their forks occurred.
MAX_MONEY has nothing to do with the monetary supply settings. It's purely getBlockValue's code.
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albertdros
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June 25, 2014, 09:15:20 PM |
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fud account of busoni?
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thenukemforall
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June 25, 2014, 09:17:29 PM |
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From the bitcointalk ANN: Max Coins: 2,000,000 (2 Million) Block reward: 100 Halving: every 10,000 blocks In the code it has 2bn coins and the block halving resets every once back the beginning. PROOF (if they take it down, look at one of the forks) From https://github.com/razor-coin/razormain.h:- static const int64 MAX_MONEY = 2000000000 * COIN;
main.cpp:- int64 static GetBlockValue(int nHeight, int64 nFees) { int64 nSubsidy = 100 * COIN; int64 nSubsidyHalvingInterval = 10000; int halvings = nHeight / nSubsidyHalvingInterval; nSubsidy >>= halvings;
return nSubsidy + nFees; }
Explanation: reward starts at 100 coins per block. after 10000 blocks, cut the current reward in half using bitshifting. Bit bit shifts wrap around so when it run out of bits resets to the beginning and so rewards go back to 100 coins per block. And because MAX_MONEY is set to 2bn and not 2m razorcoin will continue to mine more coins over and over again. This is not a mistake because if you look at the source history, the coin is a fork from neutrinocoin and you can specifically see the code changes made here https://github.com/razor-coin/razor/commit/82ed7cd0dc91d7044fef864e29bc2cac8b484065 (again look at a fork if they take this down). Bryce Weiner is behind the con http://whois.domaintools.com/razorco.in if he changes it you can see from the (whois history) and appears in the list of "achievements" at blocktech.com which seems to be a front. STAY AWAY, this is a deliberate scam claiming scarcity and yet clever hiding a scam in the code. Seriously NOOB, where were you when poloniex FUDed SuperCoin ?
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purplejaguar
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June 25, 2014, 09:18:05 PM |
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sorry dude. Look up what that actually means. Either you don't or you just want cheap coins.
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BreakoutCoins
Newbie
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Activity: 34
Merit: 0
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June 25, 2014, 09:20:04 PM |
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From the bitcointalk ANN: Max Coins: 2,000,000 (2 Million) Block reward: 100 Halving: every 10,000 blocks In the code it has 2bn coins and the block halving resets every once back the beginning. PROOF (if they take it down, look at one of the forks) From https://github.com/razor-coin/razormain.h:- static const int64 MAX_MONEY = 2000000000 * COIN;
main.cpp:- int64 static GetBlockValue(int nHeight, int64 nFees) { int64 nSubsidy = 100 * COIN; int64 nSubsidyHalvingInterval = 10000; int halvings = nHeight / nSubsidyHalvingInterval; nSubsidy >>= halvings;
return nSubsidy + nFees; }
Explanation: reward starts at 100 coins per block. after 10000 blocks, cut the current reward in half using bitshifting. Bit bit shifts wrap around so when it run out of bits resets to the beginning and so rewards go back to 100 coins per block. And because MAX_MONEY is set to 2bn and not 2m razorcoin will continue to mine more coins over and over again. This is not a mistake because if you look at the source history, the coin is a fork from neutrinocoin and you can specifically see the code changes made here https://github.com/razor-coin/razor/commit/82ed7cd0dc91d7044fef864e29bc2cac8b484065 (again look at a fork if they take this down). Bryce Weiner is behind the con http://whois.domaintools.com/razorco.in if he changes it you can see from the (whois history) and appears in the list of "achievements" at blocktech.com which seems to be a front. STAY AWAY, this is a deliberate scam claiming scarcity and yet clever hiding a scam in the code. Some sad sad FUD. GTFO
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badon420
Full Member
Offline
Activity: 159
Merit: 100
abaddon
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June 25, 2014, 09:20:13 PM |
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From the bitcointalk ANN: Max Coins: 2,000,000 (2 Million) Block reward: 100 Halving: every 10,000 blocks In the code it has 2bn coins and the block halving resets every once back the beginning. PROOF (if they take it down, look at one of the forks) From https://github.com/razor-coin/razormain.h:- static const int64 MAX_MONEY = 2000000000 * COIN;
main.cpp:- int64 static GetBlockValue(int nHeight, int64 nFees) { int64 nSubsidy = 100 * COIN; int64 nSubsidyHalvingInterval = 10000; int halvings = nHeight / nSubsidyHalvingInterval; nSubsidy >>= halvings;
return nSubsidy + nFees; }
Explanation: reward starts at 100 coins per block. after 10000 blocks, cut the current reward in half using bitshifting. Bit bit shifts wrap around so when it run out of bits resets to the beginning and so rewards go back to 100 coins per block. And because MAX_MONEY is set to 2bn and not 2m razorcoin will continue to mine more coins over and over again. This is not a mistake because if you look at the source history, the coin is a fork from neutrinocoin and you can specifically see the code changes made here https://github.com/razor-coin/razor/commit/82ed7cd0dc91d7044fef864e29bc2cac8b484065 (again look at a fork if they take this down). Bryce Weiner is behind the con http://whois.domaintools.com/razorco.in if he changes it you can see from the (whois history) and appears in the list of "achievements" at blocktech.com which seems to be a front. STAY AWAY, this is a deliberate scam claiming scarcity and yet clever hiding a scam in the code.
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Alns
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June 25, 2014, 09:29:14 PM |
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I´m not in Razor, but this is the worst FUD ever.
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kuchini
Member
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Activity: 95
Merit: 10
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June 25, 2014, 09:33:46 PM |
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Chinese Scam Coin! FUD! Time to buy!
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baseke
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June 25, 2014, 09:49:59 PM |
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Dev left his coin!!!!
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tk808
Legendary
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Activity: 1512
Merit: 1124
Invest in your knowledge
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June 25, 2014, 09:54:51 PM |
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I'm going to weigh in on here. After spending 4+ hours reviewing both Razor and Neutrino on CoinsSource, there were several similarities between it and Razor but i didn't come across any hard evidence. So, i'd like to eventually see some evidence disconnecting Razor's devs from Neutrino's devs. Some of the evidence in this thread could be conclusive, but will continue to keep a close eye on any connections with both of these coins. http://www.coinssource.com/crypto-coins/razor/http://www.coinssource.com/crypto-coins/neutrino/
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apee
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June 25, 2014, 09:55:08 PM |
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From the bitcointalk ANN: Max Coins: 2,000,000 (2 Million) Block reward: 100 Halving: every 10,000 blocks In the code it has 2bn coins and the block halving resets every once back the beginning. PROOF (if they take it down, look at one of the forks) From https://github.com/razor-coin/razormain.h:- static const int64 MAX_MONEY = 2000000000 * COIN;
main.cpp:- int64 static GetBlockValue(int nHeight, int64 nFees) { int64 nSubsidy = 100 * COIN; int64 nSubsidyHalvingInterval = 10000; int halvings = nHeight / nSubsidyHalvingInterval; nSubsidy >>= halvings;
return nSubsidy + nFees; }
Explanation: reward starts at 100 coins per block. after 10000 blocks, cut the current reward in half using bitshifting. Bit bit shifts wrap around so when it run out of bits resets to the beginning and so rewards go back to 100 coins per block. And because MAX_MONEY is set to 2bn and not 2m razorcoin will continue to mine more coins over and over again. This is not a mistake because if you look at the source history, the coin is a fork from neutrinocoin and you can specifically see the code changes made here https://github.com/razor-coin/razor/commit/82ed7cd0dc91d7044fef864e29bc2cac8b484065 (again look at a fork if they take this down). Bryce Weiner is behind the con http://whois.domaintools.com/razorco.in if he changes it you can see from the (whois history) and appears in the list of "achievements" at blocktech.com which seems to be a front. STAY AWAY, this is a deliberate scam claiming scarcity and yet clever hiding a scam in the code. That picture really says it all lol. Seems like one less junk alt coin to deal with.
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damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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June 25, 2014, 10:03:59 PM |
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can you fucks please learn to read code before posting stupid shit
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leewilson
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June 25, 2014, 11:56:37 PM |
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can you fucks please learn to read code before posting stupid shit
When have reality and actual facts ever mattered?
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“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State BlockNet can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State BlockNet to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State BlockNet.” - Joseph Goebbels
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Farndogg
Member
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Activity: 73
Merit: 10
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June 26, 2014, 12:38:29 AM |
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Is this Turtlehurricaine posting?
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MinerP
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June 26, 2014, 05:26:41 AM |
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fud account of busoni?
LMFAO
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