Actually there is no law against someone else claiming the name. PayCoin took the same name as an established Cypto but legally there was nothing they could do about it.
You say it like you could sue them if they took the name just because you want to keep it dead out of spite, you can't and would never hold up in court.
Forward progress is not going to happen. Therefore dead. Not abandoned. Legally different meaning. Abandoned would mean somebody else could claim the name, the domain, etc without potential repurcussion.
Example, if your car died and you decided not to repair it but did keep it parked in your driveway - it would be useless but remain yours. If you left it dead on the side of the road (public property), it would be considered abandoned - you would lose any legal claim of ownership in 30 days which would allow anyone that wanted to take it the legal right to do so without any repurcussion.
Why do so many people deliberately make my words worse when it suits them and make them better when it suits them - instead of just reading the words and using their truly defined meaning? I use the words properly. People don't read properly.
I smell a rat here, almost a scam on the back of another scam.
Coin announced as dead, yet no immediate drop in value?
Almost a u turn from "LTCD died in November. LTCD is officially dead today. Nothing more to discuss. No complaining or bitching will change that.
Sell."
To "A point of note: LTCD project is not being abandoned. It simply cannot feasibly make any further forward progress. LTCD project will continue and persist until such time as the legal possessor(s) of the intellectual property known as LitecoinDark cease and dissolve it."
It's either dead, or it's not.
And the somewhat false "An official announcement will be made by Alec if he ever gets off his ass."
Added to all that, still nothing about all this on the official thread, except "nothing new to post yet"
If you wanted to get rid of bagholders, snap up some v.cheap coins, any or all of the above would be ways of doing it.
I was dissapointed when I first heard this news, now I'm starting to get pissed.