Post
Topic
Board Altcoin Discussion
Re: [POLL] Does EVAN DUFFIELD regret instamining DRK/DASH at 100x emission?
by
generalizethis
on 25/04/2015, 10:25:22 UTC

This is quite an interesting post. Thank you for pointing it out. Darkcoin/dash advocates often claim that there was a vote on whether to airdrop the instamined coins, and the community voted against it. Therefore, they say, the instamine was "approved" by the community and is okay. However, look carefully at what was being proposed, and what the community rejected:

The first 24 hours of the coins existence keep causing us problems, an "airdrop" could be a solution to this. We could airdrop all holders (uniquely verified) with a equal portion of coin. This coin would come from a block in the future that paid 2 million+ coins to a specific address that I hold.

He was not proposing to airdrop the instamined coins at all, not even his share of them. He was offering to leave the instamined coins alone,  create another 2 million coins out of thin air, and airdrop those. As if creating more coins out of thin air was going to fix the original instamine scam?!

Furthermore he was proposing to give these coins not to outsiders, but only to existing holders or people who bought coins (which they would need to do from existing holders!), which means much of this so-called airdrop "fix" would have gone straight into the instaminers pockets!

Who would think to try to fix a scam with another scam? I have to say I may be coming around to the point of view that Evan is in fact brilliant.

I'll be adding this to my thread as evidence that the dash community is still misleading people about the history of the instamine.



He's brilliant at human engineering. Though I don't think he counted on the instamine sticking through the first rebranding of Xcoin to Dark and attempting a second rebrand to fix (erase) it is just doubling down on a failed policy. What's fascinating is that his followers are the same people who post on (bump) this thread but are too stupid to realize that each time they do it, it brings more attention to the instamine which is one of Dash's Achilles' heels--they probably won't even read this correctly (or at all) and keep posting angry responses. It's like they say, "Better to have smart enemies than stupid friends."

I also wonder when Evan will exit with his profit? He has to know that a better/fairer masternode reward system will (if not already) be implemented in another coin and that the greed that drove people to his coin will drive them to another coin just as easily. I think the next poll should be: "Does Evan leave Dash with yacht money or space-yacht money?"