Post
Topic
Board Announcements (Altcoins)
Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official
by
sirazimuth
on 09/10/2015, 22:29:14 UTC
This just shows their incompetence.

Here's another issue:

http://forum.neucoin.org/t/interesting-tidbits-learned-from-reading-neucoins-source-code/1640/5?u=timengler

If you want to see this in action, look here:

http://www.neucoin.io/transaction/d5c8a3496eb8340130e6c1fcd3c04f57634b9f69a398db0d226f460fcd9f7aea

and keep clicking on "Previous output". You'll notice the staking amounts have been splitting in half after every stake.

Which means the amount of interest Neucoin is getting is slowing down. Every time this happens, their UTXO's get smaller and take longer to stake. Eventually they'll lose most of their compounding effect, and will have around 45 days of unclaimed interest in their mega account that will disappear as soon as they try to make a transfer from it. I tried to explain this to them in that thread, but it seems they can't quite grasp the concept.

Another sign that their technical team today isn't really up to the task.


well to be fair my coins did  finally arrive after 12 hours with an email explaining and i quote
 "You now have been credited your NeuCoins. Our system requires manual approval of outgoing transactions every once in a while, hence the delay.
Sorry for the inconvenience."

glad i got outta that mess without too much of a loss. live and learn