Rootcoin unmoderated - 450 blocks with minimum difficulty, 110 blocks premined

[earlz]

Bitsta deleted my post linking to my negative coin review, so I made this unmoderated thread.

My review in full is here: https://github.com/Earlz/coinreviews/blob/master/rootcoin.txt

First topic of discussion can be the purposeful instamine. Basically, the difficulty adjustment is changed so that the first 450 blocks were minimum difficulty, meaning they got mined extremely quickly.

Second topic can be the actual premining of about 115 blocks. You can verify this yourself by checking the timestamps on blocks 2-115 using ssdpools(terrible) block explorer, or checking using the debug window, and comparing to when he announced the launch of the coin (August 23, 2014, 01:09:49 AM UTC).

For reference, me and bitsta talked a bit in #bittrex IRC about it. If you'd like to see his side as well: http://pastebin.com/2zrfGH3J

[suppersz]

I mined at Rootcoin pool since it opened with constant 1 GH/s just to find only 200 ROOT in my wallet now

What an insane IPO scam by known scammer bitsta, arghhh

Danger,ROOT Coin developed by bitsta,a SCAMER!

hi barabbas,

i just want to make something clear.

i ve worked for shogun47 (@XLB) thats right. and i HAVE FULLY FULLFILLED MY contract. I VE MADE WHAT I WAS TOLD TO MAKE.
(added an invalidation block into the sources, swapping all signing pub_keys, etc...)

the failed attempt to get all users on that codebase was not part of the contract and therefor NEITHER MY FAULT NOR MY RESPONSIBILITY!!!



as for PoS transition of NAUT: i won't ever release an unstable and potentially buggy PoS system. there are many reasons for that (reputation, lossrisk for users, etc.).

we are acually working on the PoS for NAUT and adapting the stakemodifier like i stated in my earlier post.


regards,
bitsta

I think Bitsta was involved on several other coins that went to shit. Glad to see someone who isn't afraid to post their real ID.

Well bitsta is launching rootcoin  today 'with bit key' so is he still doing work or not

He got paid to do work on NAUT and that never happened either, they had to hire blocktech in the end. Good luck.

no i am not part of their team. i am just doing contract-based adaptions for their sourcecode.
well it s not sure if i ll implement BitKey into their coin or not. I might get back to original
contract specifications which would mean i ll implement them an slave-node system for anon-tx.
that would be an adapted mixing-node "network". but i think i ll stick with my solution which seems
more professional.

ROOTCOIN will be first coin to have BitKey implemented and longterm support. thats for sure.

You're paying this guy 6 BTC and he isn't even sure if he'll put in his best effort because he has a conflict of interest with a coin he just started himself?

thats totally bullshit and nonsense. i always put my best effort into all projects i am involved in.
and i also stated that i ll stick with my solution! ICG will be rocking once i am done with it.

i won't let others bring me or our plans down.

I saw before

[bitsta]

Bitsta deleted my post linking to my negative coin review, so I made this unmoderated thread.

My review in full is here: https://github.com/Earlz/coinreviews/blob/master/rootcoin.txt

First topic of discussion can be the purposeful instamine. Basically, the difficulty adjustment is changed so that the first 450 blocks were minimum difficulty, meaning they got mined extremely quickly.

Second topic can be the actual premining of about 115 blocks. You can verify this yourself by checking the timestamps on blocks 2-115 using ssdpools(terrible) block explorer, or checking using the debug window, and comparing to when he announced the launch of the coin (August 23, 2014, 01:09:49 AM UTC).

For reference, me and bitsta talked a bit in #bittrex IRC about it. If you'd like to see his side as well: http://pastebin.com/2zrfGH3J

thats right. +100 blocks were mined at the offical pool. the rest wasn't mined by me. It was a instamine. but not by me nor any other teammember.
So there were about 38k ROOTs instamined by some lucky miners. well. good luck to them. they sure already dumped at me, or sold me the coins during my ROOT-buybacks.  

As for the disabled difficulty during the first 450 PoW blocks. This coin, is like EVERY (or most) other altcoin, forked form a previous project. I already
forked the codebase again to my github-repo to prevent it from beeing deleted. So that proofes that the diff WAS NOT disabled by me. Though i should ve checked the getnexttargetreq() function properly which i haven't done. This means there was a or some lucky miner/s at the beginning. Holding 38k ROOT like posted above.

cheers,
bitsta

[crimealone]

The key is BitKey.
Though I invested in this coin, I once called it scam because of second ico and launch delay.
Based on what I have seen, I think the best way is to wait for the BitKey.

[suppersz]

The key is BitKey.
Though I invested in this coin, I once called it scam because of second ico and launch delay.
Based on what I have seen, I think the best way is to wait for the BitKey.

I invested too,but i sold.
Another reason is sell technology

[ANN][ICG][X11] IncognitoCoin ANON-tx using BitKey™ | Pos 5% | Bittrex
Another coin with BitKey

[crimealone]

The key is BitKey.
Though I invested in this coin, I once called it scam because of second ico and launch delay.
Based on what I have seen, I think the best way is to wait for the BitKey.

I invested too,but i sold.
Another reason is sell technology

[ANN][ICG][X11] IncognitoCoin ANON-tx using BitKey™ | Pos 5% | Bittrex
Another coin with BitKey

He had deal with ICG. I don't think that matters.

[suppersz]

The key is BitKey.
Though I invested in this coin, I once called it scam because of second ico and launch delay.
Based on what I have seen, I think the best way is to wait for the BitKey.

I invested too,but i sold.
Another reason is sell technology

[ANN][ICG][X11] IncognitoCoin ANON-tx using BitKey™ | Pos 5% | Bittrex
Another coin with BitKey

He had deal with ICG. I don't think that matters.

Maybe one day he deal with another ten coins

[crimealone]

I still stick to my opinion. Wait for BitKey.
The reason is that dev is actually buying back and at least explains reasonably.
Hope he won't let investors down.

[crimealone]

I won't suggest people buying it until dev launch bitkey.

[suppersz]

bitsta delete my post!

So, I'm looking at the investments into rootEx. 4.45 BTC doesn't looks very pretty, especially considering the fact that most of it is mine (I look in the mirror and see a looser I don't want to be). So scary... Much weird... Such Failure. [shibeface here] Any plans to go on http://www.secureae.com/ and actually get some investors on this. I bet it would help establishing an exchange.

guess most of the potential investors are just waiting for the release of bitkey.
i will have a look on secureae.com. btw - never heard of it.
and please keep in mind that the exchange will be established with or without external investments.
This was just ment to be a profitable nobrainer for early investors.
I always take care about early investors.

No, you always take care about multipool's reward

You do realize that NeutralLTC and his team took over icg right?
I'm sure he has the skills//talents.

yeah this looks promising to me. i like the infrastructure idea.

no i am not part of their team. i am just doing contract-based adaptions for their sourcecode.
well it s not sure if i ll implement BitKey into their coin or not. I might get back to original
contract specifications which would mean i ll implement them an slave-node system for anon-tx.
that would be an adapted mixing-node "network". but i think i ll stick with my solution which seems
more professional.

ROOTCOIN will be first coin to have BitKey implemented and longterm support. thats for sure.

You're paying this guy 6 BTC and he isn't even sure if he'll put in his best effort because he has a conflict of interest with a coin he just started himself?

thats totally bullshit and nonsense. i always put my best effort into all projects i am involved in.
and i also stated that i ll stick with my solution! ICG will be rocking once i am done with it.

i won't let others bring me or our plans down.

BTW,you deal with NeutralLTC on ICG,now you deal with NeutralLTC on another IPO coin,You're really greedy ,ROOT IPO twice!no,third,rootEx IPO also

[suppersz]

at this rate, the owner of all those rewards is going to dump a huge amount of coins...

DigiShield needed badly...

been saying this for days, both here and in IRC.

I think this coin deal with multipool scammer

[TakeItEasy]

Mmm, I see we have unmoderated thread about this scam.

[TakeItEasy]

1. bitsta is not a man of word, only empty promises (promised to release BitKey 4 times).
2. bitsta scammed previous projects - Shibacoin, Continuumcoin.
3. bitsta was expelled from the project Incognitocoin by ICG Dev because he can not do anything useful.
4. bitsta has no succesfull projects.
5. bitsta has no team
(geekeh: community-manager & special supporter (Last Active:    November 08, 2014, 06:04:19) Last post in this thread - October 10, 2014, 10:56:58 PM, two months ago! Is it COMMUNITY MANAGER ? OMG;
Cryptoh: special supporter (THERE IS NO SUCH USER ON THIS FORUM! Check it ! https://bitcointalk.org/index.php?action=mlist;sa=search;search=Cryptoh;fields=email,messenger,name;start=0
IdiotInvestor: special supporter (Date Registered:    September 08, 2014, 02:55:26 AM) ) Where are they ? Nobody saw them. But he has a lot of multiple accounts and teammates in his scam team.
6. bitsta has no roadmap (ROADMAP IS CURRENTLY BEING UPDATED). This announcement was posted more than two months ago !

And this coin is another SCAM.

Don't you see that ?

Or those who said such empty words with no sense are in bitsta SCAM TEAM ?
-

This coin will be a big success, look nobody is selling and there are  big buy orders and nobody is selling. rootcoin to the moon very soon!

And this is lie. There is no big buy orders. https://bittrex.com/Market/?MarketName=BTC-ROOT
Show us if they are there.
-

I have full support for Bitsta and i know he will live upto his deadlines. I am loyal to him and i believe he will reward those who are loyal.

P.S. mr. fucking liar bitsta, I will post so much times how many times you will delete it.

This is my post from December,10.
What changed ? Nothing.
Except for the fact that he scammed all of us the fifth time

[maratmmz]

bitsta scammer.

[TakeItEasy]

And new Roadmap is piece of shit

He promised to release BitKey and new wallet befor New Year

Happy holidays, ROOTers!

Thanks Tiny_Prism!
Merry Xmas to you and your sweethearts.

bitsta, nice to see you are still working at this project,
hope everything done in time.

hi helloge,

sure i ll always be working on ROOT.
and yes this time it will be done in time.
thanks!

And didn't do anything again.

[zatamas2]

You know that rootcoin - scam.
Bur rootcoin dev bitsta ask me:
https://i.imgur.com/YW0js2d.jpg
I was waiting for.
Today i sent him pm:
https://i.imgur.com/onh3vQg.jpg
But he sent me away:
https://i.imgur.com/giSDrjb.jpg
I told him:
https://i.imgur.com/xbKV5vM.jpg
 
Here's how your developer works.

He did not released anything and sent me away. But i bought his root shit at 10000-17000 sat. And i have 29800 roots. On bittrex. I can withdraw them to my wallet right now and make a screenshot.

He is liar.

I'm tired of this.

I'll pay 0.5 btc for information about this scammer - his real name, where he lives etc.

I live in Europe, so wait for me to visit.

[TakeItEasy]

I understand why bitsta create a new Topic https://bitcointalk.org/index.php?topic=911742 with new account.

This account will be shared between the Rootcoin devs. Please refrain from trolling, fudding, etc. Please make constructive criticisms.

It's lie.

The main reason is his "Trust". Tomatocage is a smart and serious man.

After bitsta received this feedback he create new account.

[TakeItEasy]

Just another scam coin?
Who can tell?

yes, it's scam.

[TakeItEasy]

One new lie.


It wasn't 02/01/2015.

It was 30/12/2014


8 days has passed. Is it "shortly" ?)

Just remember how bitsta promised to release a new wallet "during the day"



"during the day"= 2.5 months already.

[juicejoyce]

Just another scam coin?
Who can tell?

yes, it's scam.

still no results for rootcoin?
long time not to follow it.