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Author Topic: Suggestions to prevent scammers launch new shitcoins  (Read 4774 times)
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MajidBC (OP)
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KryptKoin is one of the best!!!


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August 19, 2014, 03:12:58 PM
 #101

Not sure if there will ever be a 100% effective way to prevent them. Just don't buy them.

Maybe there isn't any 100% effective way, but we can reduce the number of them.
The main problem is that so many are coming out and the growth keeps increasing. There is definitely no perfect that would be so effective to stop them all. Even if the numbers only dropped by half I'd be actually very glad and count that as a huge success.
This would definitely improve the overall view of the cryptocurrencies and help the market.

I can't agree more. If you have any suggestion about Solutions List, please let us know.
LordPiccolo
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August 19, 2014, 04:03:23 PM
 #102

Not sure if there will ever be a 100% effective way to prevent them. Just don't buy them.

Maybe there isn't any 100% effective way, but we can reduce the number of them.
The main problem is that so many are coming out and the growth keeps increasing. There is definitely no perfect that would be so effective to stop them all. Even if the numbers only dropped by half I'd be actually very glad and count that as a huge success.
This would definitely improve the overall view of the cryptocurrencies and help the market.

I can't agree more. If you have any suggestion about Solutions List, please let us know.

Well to put a slight halt on things, maybe this forum shouldn't allow people to start threads until they have over 100 posts or something.

                                 
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Lucky Cris
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August 19, 2014, 05:15:32 PM
 #103

Do you think some scam devs are related to some exchanges, hashrate rental websites, and pool opertaors?

Yes, these altcoin exchanges are one of the main problems.

I've a simple soluiton to this problem

I suggest the community start its own exchange with 0% (or vey low) Fee Trading, we can add a Donate Button like Wikipedia.

I think this solution is the best way to short-circuit all these scam and shit coins.

This exchanges will be trusted by the community and reliable members in this forum.

If anyone is interested here, I can help to build that plan.

A new trusted exchange moderated by reputable members of bitcointalk can be one possible solution. I've added it to the OP.

That's it, damn it! Lol.

I'm going to rally a group of really smart peeps who know how to find code errors, and altcoin critics and supporters... Might as well throw in representation from an exchange ... And we're going to start an unofficial altcoin review board. It won't take very long to establish a reputation. We'll review all new launches and scrutinize the hell out of them and report our findings in their ANN thread.  Hell, it could work...

Nxtblg
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August 20, 2014, 01:03:32 AM
 #104

I'm going to rally a group of really smart peeps who know how to find code errors, and altcoin critics and supporters... Might as well throw in representation from an exchange ... And we're going to start an unofficial altcoin review board. It won't take very long to establish a reputation. We'll review all new launches and scrutinize the hell out of them and report our findings in their ANN thread.  Hell, it could work...

Best of luck! If you get it off the ground, you'll found crypto's answer to Underwriters' Laboratories. UL was started back in tha day of voluntary self-regulation, fyi.






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Lucky Cris
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August 20, 2014, 01:56:24 AM
 #105

I'm going to rally a group of really smart peeps who know how to find code errors, and altcoin critics and supporters... Might as well throw in representation from an exchange ... And we're going to start an unofficial altcoin review board. It won't take very long to establish a reputation. We'll review all new launches and scrutinize the hell out of them and report our findings in their ANN thread.  Hell, it could work...

Best of luck! If you get it off the ground, you'll found crypto's answer to Underwriters' Laboratories. UL was started back in tha day of voluntary self-regulation, fyi.

Wow - I'm in love Smiley  I have a new project to keep me busy for a bit now Tongue

CanaryInTheMine
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between a rock and a block!


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August 24, 2014, 12:44:02 AM
 #106

Biggest issue is that at what point a review becomes an endorsement? if anything goes wrong later on anyway, the endorser will be scrutinized and worse, accused of colluding etc...
jjwhitehead
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August 24, 2014, 12:52:59 AM
 #107

A sub forum(strictly moderated) for devs would be excellent
Lucky Cris
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August 24, 2014, 01:05:13 AM
 #108

Biggest issue is that at what point a review becomes an endorsement? if anything goes wrong later on anyway, the endorser will be scrutinized and worse, accused of colluding etc...

I might off track with what you're talking about... It's been a while since I read this thread... So so many other things renting space in my head, I have to dump more often than I'd like :-/

I agree with you. An official seal of approval is treading dangerous ground. About what I stated... It wouldn't be an approval of the coin, just informational. Supporters or not can take it how they want to. I already jotted down a list of KPIs relating to the coin's marketability, sustainability, performance and such (not that I was serious... But just in case, while it was on my mind) that could be used as the baseline 'report' if you will. The idea would be to review the code and provide assessment (sloppy, malicious, clueless dev didn't change this type of stuff) both good and bad. I also thought proving background info in the dev is a good touch ie involved in this scamcoin, etc. Also look into the claims that so and so will be accepting our coin.

Hope that ^ made sense,  this damn iPad sucks, lol.

Project Axron
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August 24, 2014, 01:07:01 AM
 #109

I did POD with Crypto Asian prior to launching my coin and the results were great. I provided accurate information, and it has really helped with gaining the trust of the community. I think its something every developer must do.

Take a look at our OP
https://bitcointalk.org/index.php?topic=738534.0
horiacretan1
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February 14, 2015, 08:25:09 PM
 #110

Market needs a lot more coins, why stiffle innovation?


No it does not, too many coins as is, and many are sitting dead because of it.
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