Re: [ANN] [SUMO] SUMOKOIN - 🔏 Digital Cash For High-Confidential Transactions 🔏
Hello,
Thanks for your reply.
First of, I think we should probably allow the devs to answer for themselves on this matter, no reasons to come up with justifications for them to be anonymous from my point of view, in the end a lot of other coins don't have this issue. Let's be critical instead of blind trust and see what the devs say about this.
Without knowing someones true identity/ background one should probably not be doing business with them. This is why ebay works? You cut your risk down by buying from a vendor that has good ratings. It would be different if there was no premine.
I read on page 1 that this coin is not specifically aimed for the japanese market (although ofcourse hopefully it will be succesful there) and there is no way to conclude the devs are japanese nor is there anyway to conclude if the names are doubtful? Unless I am missing some info?
Actions and intentions do count, however how do you figure out that these action and intentions have no higher endgoal? There is no way if you don't know the background/ identity. This is why people fall into scams all the time. It is the combi of 10% premine and not knowing who the guys are that stops me from putting my money in at the moment. 10% seems a hell of a lot/ why not 5% it should be more than enough.
Let's say hypothetically speaking the devs are human beings and managed to educate themselves through hard work and figured out a way to make a fork of a coin like this (I honoustly don't know how hard that is). Now let's assume they want to get rich soon. (not entirely unlikely) What is the likelyhood these anonymous devs succomb to greed when things are moving too slow/ and they need money themselves? No way to trace em up. Perfect crime. We as investors/ luck seekers kindly obliged.
Next to that the fact that the premine is justified by mentioning that any good coin with a long term future needs a premine is just not true imo. Bitcoin had no premine, nor did monero, why does sumo need it really?
I am not saying I am right and you guys are wrong, but like I mentioned before is this not the same as buying a car from an anonymous salesmen? Is that ever a smart idea?
They are selling this coin to us, so I think it is fair to say that as potential clients we have the right to ask them these questions?
Last post from me I hope the devs can react to this.
that is not the same, I am not asking you to invest in my product.
we can all have/ show good intentions but people change when things go south. In the end all of us are here to make money and so are the devs?
Also why would they keep their identity hidden in the end I assume they are meeting up with companies? So their identities should be out in the open?
And if they are really behind their product there is no reason behind hiding identity?
Anyway nice coin, but without the above info I will give it a miss.
The developers provided three names at the top of the thread. Perhaps those are pseudonyms (although that is doubtful) but they should not feel obligated to declare personal info. Privacy seems to have certain benefits... consider, for instance that celebrities have to deal with paparazzi and security concerns that a person who isn't a publically-recognized persona doesn't need to bother with. In some instances, individuals can also be subject to unwarranted or unjustified scrutiny by the state that they live in (particularly in corrupt or despotic countries). It shouldn't matter to anyone besides yourself if you think the devs have nefarious motivations because they may (or may not) choose to be private. A person can be anonymous and beneficial **or** be public and be a total good-for-nothing cretin. Actions and intentions are what count. You've presented a false dichotomy.
Maybe we all want to hold assets that are good stores of value, effective means of exchange, and are useful units of account (or "make money" as you put it). We are taking a rationally-calculated risk based on evidence, our individual predictions of future outcomes arising from our present actions and predictions of the actions of others (as much as we can anticipate these anyway).
You cannot or should not expect to always please everybody.
I'm encountering similar behaviour in the daemon since booting this computer up tonight too, I hadn't encountered this issue before and I'm unsure that it's a firewall problem in my case. I'm planning on saving my wallets and reinstalling the software. Jusf for a check I loaded the Aeon daemon (another cryptonote-based one) and that synced properly. (It's sort of annoying because I wanted to open up one of the wallets
.)
Thanks for your reply.
First of, I think we should probably allow the devs to answer for themselves on this matter, no reasons to come up with justifications for them to be anonymous from my point of view, in the end a lot of other coins don't have this issue. Let's be critical instead of blind trust and see what the devs say about this.
Without knowing someones true identity/ background one should probably not be doing business with them. This is why ebay works? You cut your risk down by buying from a vendor that has good ratings. It would be different if there was no premine.
I read on page 1 that this coin is not specifically aimed for the japanese market (although ofcourse hopefully it will be succesful there) and there is no way to conclude the devs are japanese nor is there anyway to conclude if the names are doubtful? Unless I am missing some info?
Actions and intentions do count, however how do you figure out that these action and intentions have no higher endgoal? There is no way if you don't know the background/ identity. This is why people fall into scams all the time. It is the combi of 10% premine and not knowing who the guys are that stops me from putting my money in at the moment. 10% seems a hell of a lot/ why not 5% it should be more than enough.
Let's say hypothetically speaking the devs are human beings and managed to educate themselves through hard work and figured out a way to make a fork of a coin like this (I honoustly don't know how hard that is). Now let's assume they want to get rich soon. (not entirely unlikely) What is the likelyhood these anonymous devs succomb to greed when things are moving too slow/ and they need money themselves? No way to trace em up. Perfect crime. We as investors/ luck seekers kindly obliged.
Next to that the fact that the premine is justified by mentioning that any good coin with a long term future needs a premine is just not true imo. Bitcoin had no premine, nor did monero, why does sumo need it really?
I am not saying I am right and you guys are wrong, but like I mentioned before is this not the same as buying a car from an anonymous salesmen? Is that ever a smart idea?
They are selling this coin to us, so I think it is fair to say that as potential clients we have the right to ask them these questions?
Last post from me I hope the devs can react to this.
that is not the same, I am not asking you to invest in my product.
we can all have/ show good intentions but people change when things go south. In the end all of us are here to make money and so are the devs?
Also why would they keep their identity hidden in the end I assume they are meeting up with companies? So their identities should be out in the open?
And if they are really behind their product there is no reason behind hiding identity?
Anyway nice coin, but without the above info I will give it a miss.
The developers provided three names at the top of the thread. Perhaps those are pseudonyms (although that is doubtful) but they should not feel obligated to declare personal info. Privacy seems to have certain benefits... consider, for instance that celebrities have to deal with paparazzi and security concerns that a person who isn't a publically-recognized persona doesn't need to bother with. In some instances, individuals can also be subject to unwarranted or unjustified scrutiny by the state that they live in (particularly in corrupt or despotic countries). It shouldn't matter to anyone besides yourself if you think the devs have nefarious motivations because they may (or may not) choose to be private. A person can be anonymous and beneficial **or** be public and be a total good-for-nothing cretin. Actions and intentions are what count. You've presented a false dichotomy.
Maybe we all want to hold assets that are good stores of value, effective means of exchange, and are useful units of account (or "make money" as you put it). We are taking a rationally-calculated risk based on evidence, our individual predictions of future outcomes arising from our present actions and predictions of the actions of others (as much as we can anticipate these anyway).
You cannot or should not expect to always please everybody.
I try to sync the wallet but it is stock for aware without moving any blocks and then it starts displaying this "2017-Jun-27 10:56:38.225884 [P2P4]IP 128.199.54.20 blocked."
What should I do?
What should I do?
I'm encountering similar behaviour in the daemon since booting this computer up tonight too, I hadn't encountered this issue before and I'm unsure that it's a firewall problem in my case. I'm planning on saving my wallets and reinstalling the software. Jusf for a check I loaded the Aeon daemon (another cryptonote-based one) and that synced properly. (It's sort of annoying because I wanted to open up one of the wallets
.)