Re: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin
So y'all gave $40m to some guys who don't even know how crypto works!
Excellent! I'll get some popcorn.
before eating the popcorns , can you please tell where you see that part that "they dont know how crypto works"?
thanx
Sure thing! It would be this part:
"It came to our attention while we were stress testing that with a zero fee there was nothing to stop malicious users from automating scripts that just transfer a balance between wallet addresses as fast as they can indefinitely. This would clog (flood) the blockchain with useless transactions."
You'd think people who knew about crypto would know this, whereas these guys clearly don't.
Switching the entire codebase 3 days before launch does seem a little late.
But that's ok, they're quick learners! I'm sure everything will be fine, nothing to worry about!
As long as they know how to populate the genesis block with everyone's balance...
If they are forking an existing Monero desktop client, all they really need to do is change a few params, swap out images/icons and run a string replace.