is this project still being actively developed? how many devs are there? how may hours a day about do they spend working on it? what are their credentials?
There was just an update to the wallet a day or two ago. Don't listen to fud.
http://shadowtalk.org/topic/359/wallet-update-1-3-1-0wtf? how is that fud? he was just asking. obviously he saw sdc being pumped and checked it out here
Yea. I saw the pump. I even bought 10 dollars worth at the pump valuations. But really im mostly here because im a huge fan of proof of stake and a huge fan of cryptonote and a huge fan of the idea of using POW to distribute stake. So this coin has everything i would ever ever want.
I'm just deeply skeptical of any and all devs. I kind of just assume they are all scammers because 99% of them are.
*edit* Is it true that the pow phase only lasted 2 weeks? If so how do you guys justify that? It should clearly be at least a year long process, probably more. If fairness and decentralized distribution is the goal. Which it should be because more distributed stake means attacks on the network are more expensive and confirmations are more secure.
Please dont mistake hard questions for trolling.
Welcome. I thought the POW phase was 3 weeks, but I'm not sure. I am not too worried about a short mining period because the price is so cheap. Probably most miners dumped their coins for cheap. If not, then the marketcap would be a lot more inflated. As it is, it seems very undervalued. If you have not yet, I highly suggest downloading the wallet and checking it out. Since its HTML wallet, I guess it allows the devs to add a lot more features. Its pretty impressive imo.