Quote from: generalizethis on April 03, 2016, 03:10:20 PM

1. I didn't ask about bitcoin or the 98% of alts that you claim equals none of them--I asked was dash's launch "fair," which is how it is advertised. A scam is advertising a known lie--most everyone else advertising a lie doesn't disqualify it as a scam.

2. No, that's incorrect. All coins have differing distributions. And based on the amount of coins concentrated in the top holder's hands and the rest of holder's hands, that coin can be qualified as having good or bad distribution, or at the very least better than other coins.

3. X11 could at this very moment might be being exploited, and since this can go on for some time, you can't roll it back and get rid of the broken chain (as Evan mistakenly has claimed). Running 11 chains together makes it 11 times as vulnerable as a single chain (a weakness in one is a weakess to them all), so when compared with a single algo that has been tested, you can say the single algorithm is more secure than running multiple hashes together because there is a bigger attack surface for an attacker4. . Broken isn't the point, whether it is secure (when compared to available cryptosystems) or insecure.

4. Even Evan, the creator and lead developer of dash, has said that what you want in privacy is protocol-level anonymity. Who are you to disagree? I find this change in his stance laughable, because many in the cryptoworld have been saying it since he came out with the second rate privacy method that is darksend. Because he repeated the lie so long, many in the dash community are still defending what he has admitted unwanted with the same faulty arguments that he endorsed for so long--shadowcash enablers were tautuing the same logic, "show me it's broken or STFU!" unitl someone broke it and shut them up. Theoretically it has been shown to be a suboptimal method for privacy--if you want to use it in the meantime, that's your prerogative, but don't expect any sympathy for using a system that even the developer of that system has acknowledged as second rate.

And yes, when I found out Bitcoin wasn't very casklike, I invested in coins claiming to be private and lost money on those coins when I sold them after researching enough to know the claims were bogus--dash (then darkcoin) was one of those coins.

just to be clear, i have 20 dash ( = peanuts) and i'm not involved in the project and i don't know the people running it,
i do a lot of research myself and i tend to not believe A WORD from this boards until i personally test it

1. for me, a scam, is a dirty lying scheme and not false advertisement. is mc donalds a scam also? they advertise a nice meal but you actually eat shit. is up to you to research a better restaurant. i still don't see a scheme in dash, i see way more partecipation and transparency there than any other community

2. sure, some dev take more effort in finding proper means of distribution but currently looking at the charts i don't see any coin with flat distribution curve. i didn't see any claim from dash about fair distribution but i might be wrong

3. this is true for everything, not only x11 algo, look at heartbleed probably known for years by nsa. we all use and trust software until a nice day somebody breaks it down. and is as possible for x11 as is possible for any other tech out there (sha, cryptonote, pgp). btw long live the crackers

4. reconsidering the scope of a project is part of any software development cycle, even more when is about cutting edge work (imho), but i don't really know the past you reference and i cannot express my opinion on facts i don't know (and that i personally find not relevant)

i'm a trader too. loosing money is part of the game. i have full responsability of my actions (i'm adult) and i accept the risks of it.
i would not blame a coin form my lack of trading skills, that is not a scam but rather a bad investment

btw, where are the supposed dash scam victims?