Quote from: smooth on November 21, 2015, 04:25:57 PM

Quote from: othe on November 21, 2015, 04:18:27 PM

Quote from: Ayers on November 21, 2015, 03:58:03 PM

Quote from: jeremy grol on November 21, 2015, 03:22:14 PM

Why monero was a scam? Will read thread carefully later.

in a nutshell it's because there were some instaminers at early stage akin to nxt, but with a less worse impact than nxt
it was not launched so transparently, let's say this

That is a plain misinformation, it was never "instamined", the emission curve worked out pretty perfect, due to difficulty adjustments after every block.

Perfect is even an understatement. It was damn near clockwork. The first 5 blocks were instamined at low difficulty but the 6th block had difficulty that overshot high a bit and perhaps some bad luck causing a 5 minute delay. After about 5 minutes there were 6 blocks mined.

The comparison to Nxt is absurd anyway, that was 100% ICO.

agreed NXT and XMR have nothing in common, that was absurd. maybe a typo?