Re: Why the bitmonero/monero Ninjalaunched Cripplemined Fastmine matters

Why are all the Monero guys in here talking about DASH? This thread is about the questionable XMR launch. Let's stay on topic.

So the fastmine/high initial emission of XMR, combined with the refusal to create an official GUI wallet for easy public use does seem very scammy.

Also, the Monero devs claim they didn't know about the scam miner they were pushing off on the public. If that is true, what other parts of their copy/paste coin do they not understand?

It's one thing for novices to copy (well known) bitcoin, but copying something like bytecoin that is brand new, a scam, and includes fraudulent code is pretty irresponsible.

Smooth or one of the other Devs can talk about what happened at the launch, but the lack of GUI is one of the least scammy things ever--who builds a scam an makes it only appeal to those who understand opensource or are comfortable with line command? That would immediately put your coin under the scrutiny to those most knowledgeable about coding, as they are the people most comfortable with line command--so not exactly a wise move if you're trying to scam people--kind of like making a wine and only selling it at wine competitions (if it's lousy, it's going to be apparent all the more quickly, and vocally so). The first thing every scam ever does is put out some bitcoin wallet, slap their name on it and say "Look how cool our wallet is? We must be legitimate, right?" The Monero Devs are wise to build the coin, then the wallet, and then market it.

The reason to make it harder to use (by not having an official GUI) is to keep the coins for insiders, and wait to release the official GUI until after coin emission has drastically slowed, which is exactly what is happening.

Is it? Because last time I checked there was a online wallet and most of the people who aren't comfortable with command line just keep there's on Polo.

oh great, a centralized web wallet, what could go wrong. lol

I already answered this also:

So your like the cryptocurrency safety police? Maybe, like experimental planes and other technologies, only those with a willingness to learn or who have the ability to understand the ins and outs of the technology should be using the new technology. Maybe instead of pushing out some wallet borrowed from another coin and slapping your name on it, the developers should make sure the coin works as advertised and there aren't hidden things like faulty algos or weird emissions or privacy concerns or OSPEC concerns, BEFORE they say they are going to change the world and go full infomercial with their untested and unreviewed crapcoin-- I mean for the sake of safety.