Post
Topic
Board Service Discussion
Re: Do you think you were scammed by GAW? Tell Ars Technica
by
Videlicet
on 14/01/2015, 16:34:42 UTC
Apparently nobody reads the source code.

It never lies.
There is no innovation in it - and claimed innovation by GAW.

I don't see how reality could be any clearer [3.5 X Inflation Yearly]
https://github.com/GAWMiners/paycoin/blob/master/src/main.cpp#L972

Good to know I'm not the only one that sees it:
http://www.reddit.com/r/peercoin/comments/2r5ks7/yet_another_sad_cryptostory_paycoin/

This code base is identical to PPC with private POS at 350%,
Viz.

The special wallets get as high as 1% compounded daily, totalling over 3000% per annum

Your mathematics is incorrect, 1% daily x 365 days is 365% per annum.
The actual numbers from source code is 350%, 100%, 20%, 10%, and public 5%.

Wealth distribution is 99% of XPY in 100 addresses.
Viz.