I don't understand why this coin has a market cap over 1 billion dollars. The Bitconnect code is old and hasn't had a significant update since they started:
https://github.com/bitconnectcoin/bitconnectcoin/commits/masterMost of the 30 code commits are updates to their documentation or readme files. It is an old Peercoin clone without the code fixes. What am I missing?
They updated with the pos and mining they added. Peercoin and the other are just references for the POW/POS hybrid. Nothing was cloned.