Post
Topic
Board Announcements (Altcoins)
Re: [ANN] COINONAT-BLOCKCHAIN EQUALITY-ASIC-RESISTANT-POW-GPU/CPU - ICO IS LIVE NOW
by
micdvd85
on 09/04/2017, 13:00:16 UTC
uhh.. guys?

Has anyone else looked at the whitepaper on the OP for Coinonat Huh 

Quote from the Coinonat whitepaper, section two:

Quote
The ChronoBank System
Similar to existing stable-coins (such as USDT by Tether
and Digix), we propose a centralised entity that coordinates
the creation, redemption, and destruction of Labour-Hour
Tokens (LHT)
. We refer to this entity as the ChronoBank
Entity (CBE)
. It is responsible for the acquisition and
coordination of legally binding contracts for labour, in
addition to the creation and dissemination of LHT.


It appears that the dev (or devs) have bigger plans for the future.

What get me is the fact that the whitepaper contains absolutely No mention of Coinonat CXT...  whaaaaa??

Hmmm... My guess is that they are scamming people for ICO money... and for some dumb reason, people are paying them...