The reason why it wasn't relaunched was because a lot of users on this forum had already begun mining and buying/selling coins. I remember seeing the first OTC-thread where Moneros were being sold and bought for pennies. The worst thing that happened to Monero was an unoptimized miner, which has nothing to do with the coin's core code and has nothing to do with Monero's current dev team. Unlike Dash, where it's entire core code was sliced and diced to the enormous benefit of it's scam developer Evan Duffield and co.
If you want to rate the fishiness that happened in each coin.
Monero's "fishiness" level in a court of law would be maybe, at most, a 2/10 as everything(Only one thing and that's the unoptimized miner) is to blame on the Thankful-for-Today character. Dash's "fishiness" level would be a 10/10 and grounds for immediate investigation.
The reason why it wasn't relaunched was because a lot of users on this forum had already begun mining and buying/selling coins. We know its a scam, but we're all part of it, so let's carry on. lol
The worst thing that happened to Monero was an unoptimized miner, which has nothing to do with the coin's core code This sounds like it was a little more than just the miner that was crippled:
"My strong belief is that the skepticism was warranted: Here's the original slow-hash from bytecoin as it was copied into Bitmonero. It has some doozies. For example, on line 100, you might note that for every iteration through an inner loop repeated tens of thousands of times, the AES key is re-imported into the library. The later loop, starting on line 113, is repeated half a million times, and is so abstracted through lots of memcpys and pointer manipulation it's hard to tell that all it really does is one round of AES encryption, a pointer dereference into a random scratchpad, a 64 bit multiplication, and another pointer dereference. Phew. This original code was roughly 50x slower than my final optimized code, and could have easily been used to fake two years of blockchain data on a single computer or a small cluster. I'm pretty sure that's what happened.
Bitmonero was a fork of Bytecoin designed to not have the 80% premine. But its initial developer either didn't know, didn't care, or wanted to profit from the de-optimized hashing. "
Source:
http://da-data.blogspot.co.uk/2014/08/minting-money-with-monero-and-cpu.htmlReference to bitmonero (name since changed to Monero) github scam code:
https://github.com/monero-project/bitmonero/blob/1a8f5ce89a990e54ec757affff01f27d449640bc/src/crypto/slow-hash.cMonero's "fishiness" level in a court of law would be maybe, at most, a 2/10Another admission of guilt. Thanks for your honesty, Prosperityforall - indeed.