Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat*
by
StewieG
on 13/01/2017, 19:08:57 UTC
Quote from: memberberry on January 13, 2017, 07:07:09 PM
Quote from: riceberry on January 13, 2017, 01:54:55 PM
Quote from: memberberry on January 13, 2017, 01:12:00 PM
Okay okay, for all those guys here who really think that HEAT is legit and totally not a scam and "Crypto 3.0":
Why do you guys think they won't release the source code on launch?
Oh you rascals didn't see that right? Here is the link https://bitcointalk.org/index.php?topic=1543991.msg17313176#msg17313176

I addressed the open source part back here: https://bitcointalk.org/index.php?topic=1543991.msg17445007#msg17445007
In the link you provide, Eliphaz stated:
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The code is on company premises where development happens, and needs to be cleaned before being deployed to Github. Also the server code needs to be edited or mostly removed from the public release because we're not going open source at launch time because of the obvious hazards of losing IPR and competitive advantage just like that. Client and some important parts will be open sourced, however there hasn't been reason to do that yet as HEAT core development is ongoing.
Some pieces of the server code will not be open source *at launch time* (This reminds me of the NEM server based component, the NIS, which I linked below), and "Client and some important parts will be open sourced".

Like I said before: Even if some components are held as not open source upon launch, it does not mean that these components will be closed source forever, and it does not mean there is no chance for being added to any serious exchange or adoption anywhere.
I may remind, HEAT will have it's own decentralized crypto exchange built in, which is a serious exchange endeavour.
Even if that is the case for a temporary period to give a mover advantage on cloning innovations.

This can be seen I suppose by NEM (which has as of now ~ 31 million USD marketcap): https://en.wikipedia.org/wiki/NEM_(cryptocurrency)
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Although the NEM client is open source and available on github,[7] the NEM server based component, the NIS, is closed source and the binary is obfuscated to presumably prevent decompilers from revealing how it works."

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Well because there is no Blockchain, there is no HEAT, there is no "Crypto 3.0". All there might be is a RESTful API on their premises acting like your
clients are connecting to a peer-to-peer network.

I don't know where you get the idea that there is no Blockchain.

This is not about components, as those guys wrote it is about the server software. The whole thing. WTF?
There is no reason to not open source the code. Really none. Unless of course....

....


... it could reveal the whole scam.

SO how does it work? Is there ONE central server or what? I thought this would be decentralized?!!?!?! One server? So what if this server is offline?!