Post
Topic
Board Altcoin Discussion
Re: Is Smooth a Hypocrite ?
by
cryptohunter
on 17/06/2016, 01:45:53 UTC
The Steem code was essentially feature-complete at launch so everyone could look through the source code as I did in order to determine what the coin was intended to do

Just like everyone could've installed VirtualBox+Linux on their Windows machines at Dash launch to mine yet that's one of the key points you like to attack.

Which is easier, reading through code to determine wtf it is, or following through 5 step instructions on how to install VirtualBox+Linux?


The Steem developer told people at launch that he was mining a lot and released the names of the accounts he was using for mining, making it all transparent, disclosed to all participants, and verifiable on the blockchain (there are no relevant privacy features and the blockchain uses transparent named accounts for all operations).

How do you know he didn't have more accounts he didn't disclose?


The Steem token is totally unsuitable for use as a cryptocurrency, and no one (including the devs) suggests otherwise. So again, comparing it and its distribution with Dash (even if Dash's distribution were likewise transparent which it mostly is not) makes no sense.

Why are they unsuitable as cc? Are they better suitable as speculation tokens? They seem to be perfectly suitable for generating BTC and new bagholders judging from the Bittrex action.


You were the FIRST person other than me to call out evans for captive instamining xcoin (dark/dash) it is right there in the thread. You are the one saying evans engineered the launch to set up the premine. Look at the first 5 pages of the darkcoin thread???

"wut.. no premine but you have 5k to throw?"  illodin (page 5) even before that you are moaning about the launch and you like most at the launch were for some reason having a big problem trying to mine the coins. Seems your 5 easy steps weren't so easy in this case.


Why?  because the entire thing was set up for evans and a few others to take them all whilst telling everyone else it was a fair release like other alts that were released at the time. It was not. It is therefore a scam. It like this you tell people it's a fair launch with no premine no instamine then do exactly what you say you are not doing. That is a scam. There is no need for a deep philosophical debate 50 abstract levels deeper and off on all tangents.

How are you still protecting that scam coin??

So later you managed to get your hands on some and it's all okay and there was no reason to complain??

Every other coin claiming a fair release had windows binaries. Yes, if you really want a fairer and wider distribution you will release with windows binaries.

Steem and dash are both scams. They deliberately did what they said they were not doing. It's that simple. That's a lie. That's a scam. There will be those that will persuade many through elaborate thought experiments that these are not scams or that they are simply scams that should take place. That's not going to wash for the majority of the board. They want "fairer" "wider" distributions and if you can show in simple observable terms that a currency has not attempted fair and wide distribution then hopefully it will be cast out as a pariah project regardless of the tech behind it. It can always be cloned and distributed in a fairer and wider manner.