You guy's know Helium is just an escape vehicle for Spreadcoin bag holders? Do some research.
https://github.com/spreadcoin/spreadcoin
Why would a developer fork this s@*t?
Only sensible reason behind it is so Spreadcoin bag holders are able to finally have a large stake in a masternode token.
Spreadcoin $1 now, nearing $10 marketcap... with the prospect of above code and masternodes?
Wow.
Over two years Georgem lied.
Read the link page to see why helium appears.
https://bitcointalk.org/index.php?topic=1045373.5480
I know exactly what happened, I have a little history with SPR.
And there's nothing wrong with what the Helium team are doing, I just personally feel
that everyone should know the real reason Helium is a fork of SPR and not a completely new token (So the large SPR holders can have a controlling stake and manage the project how they want).
Nothing wrong with that but the community should know the true motives here.
The SPR code is old and needs serious core development work, take a look.
I'm open to any reasoning as to why the Helium team would fork SPR, but it's pretty obvious from my perspective.
I don't think any of this is hidden to prospective investors. All one need is a little research and this info is quite apparent. And they are utilizing airdrop for the helium, which I can appreciate. I have seen similar incidents where the developer had an ico or an ipo to distribute the coin but in their case, they are sharing the wealth with the prior investors. Also, if spread had the original idea for a masternode but didn't deploy it and the idea was hijacked and utilized efficiently by dash, i wouldn't blame majority shareholders from wanting to create a separate situation. It's almost akin to majority stock shareholders ousting the owner of a company if he/she is underperforming in the role as a leader.