Post
Topic
Board Service Announcements (Altcoins)
Re: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies!
by
coins101
on 28/04/2015, 12:46:00 UTC

We've admitted to the crippled miner. We were the first ones to discover it, disclose it, and fix it. The reason I don't dwell on Monero's faults is not to hide them (again, we were the ones who disclosed it), it's just that frankly its really small compared to Dash. Maybe 10-20k coin at most, compared to 2 million

So here is where we find the Trollero 'dev', out to campaign against the competition instead of 'dev'ing.

No, you said the Monero scam launch was not just a few coins.

This is what you said:

If you want to express the effect of the deliberately de-optimized miner in terms of the current supply of monero it would be around 2.5x (roughly 1/2.5 of the nominal total coin supply currently exists), so probably <2.5%.

If you want to express the effect of some people optimizing miners better than others, that might be as much as 12.5% or more if you consider that it goes on forever (for every coin, nothing special about Monero).

2.5% - 15%

You were there on launch day. If you weren't part of the scam, you should have looked at the code and discovered the scam built into the scam launch. So you were either lazy or incompetent. You can't be involved in the launch of a project involving people's money and just sit back and not inspect the code from a project you suspected as a scam.

The crippled launch code was there for one or two months. A kid found the exploit and joined in the scam. Who knows, maybe that was when the game was up, and they 'had' to do something.

Public evidence of the crippled code being used and abused

http://da-data.blogspot.co.uk/2014/08/minting-money-with-monero-and-cpu.html

Quote from the guy who found them out:

Quote
The more I looked at it, the more clear it became:  The original developers deliberately crippled the miner.  It wasn't just slow, and it wasn't just naive;  it was deliberately obfuscated and made slow....

CMC you need to add a new note for known scam launch, admitted by the devs. Which they have admitted here on your thread. If you act on DASH based on their trolling, you need to take account of one of their lead devs admissions that their code was a scam at launch and at best he didn't check it, when he should have.

But the fact remains, Monero had a scam launch code baked in. No dispute.


We've admitted to the crippled miner.


They were even warned to check the code a week before the launch

@ OP: Pls take your time to discuss your project thoroughly before you start implementing! If this fork is made in a rush, in a rush it will be forgotten.
Pls take time to think about the best ways to do what you do. Thats all I ask for.

Good luck!

But they went ahead with the scam launch code, knowingly or otherwise.