Post
Topic
Board Altcoin Discussion
Re: [POLL] Does EVAN DUFFIELD regret instamining DRK/DASH at 100x emission?
by
smooth
on 01/05/2015, 14:12:46 UTC
So let's see what we have here on this "Scam Launch" food fight:

Monero:

1. Crippled miner, may or may not have ever been know about or taken advantage of (in very limited quantity) by the original dev
2. Proposal to reduce rate of emissions and return early miners' coins, not adopted
3. Small bug with one transaction that may (unclear) have interrupted or slowed down mining for everyone for about a half hour
4. Every proposal to modify the social contract rejected

Dash:

1. Repeated misleading and deceptive statements from Evan on launch time
2. Slow difficulty adjustment that mined a million coins in a few hours and nearly two million in a day
3. A bug that created extra coins (kept by instaminers)
4. Cut to emissions (no return/reduction of early miners' coins)
5. Cut of 75% to the money supply (4x the value for intsaminers coins).
6. 45% of emissions redirected to masternodes (existing coin holders; largely instaminers and insider whales)

One of these coins is a huge instamine scam, with repeated actions taken to perpetuate and even expand the scam, and one had a few minor issues with its launch.

One particular idiot can't tell the difference and thinks that labeling Monero as "Proven Scam Launch" over a few minor glitches somehow makes Dash look like less of a scam despite the slow motion disaster listed as 1-6 above (well, except the instamine part, that was fast). Everyone else can clearly tell the difference and knows exactly how huge of a scam Dash was and is.

I wonder if Evan regrets instamining Dash (items 1-3) and then, on top of it, carrying on with his continued scamming (items 4-6).