Post
Topic
Board Announcements (Altcoins)
Re: ⚛️ [ANN] Bitcoin Atom - Fork 1:1 of Bitcoin - Atomic Swap Powered ⚛️
by
Biomech
on 02/02/2018, 18:54:03 UTC
Here's my issue: One, if you didn't have the code already working, why would you not then DELAY the fork? That part, you can get from a dozen github repos, the most currently famous being BCH.

Second, why is there no testnet? Or if there is, see the first question. That's the whole purpose of a testnet. You know, testing?

And if it DOES work, but not quite as intended, would it not make more sense to release what you got (a working, mining capable client, for instance) and work towards fixing that which does NOT work? Or again, delay the fork.

What we have now is something either designed to create fud and scam accusations, or a REALLY SERIOUSLY incompetent dev team.

BCA is alleged to have forked from BTC at block 505888. As I write this, we are at 507311. Making the assumption, as it is not clear at all in the announcement, that the block times are the same and the block reward is the same, that means the dev team ALONE has had access to this chain. If they coded no premine, they still have mined 1423 blocks since then. that's 17787.5 BCA, even if they claim no premine. Granted, the number of people who had coins at the initial block is going to be vastly more than that, but this just smells like market manipulation.

OTOH. If it doesn't yet work, then what the hell is the POINT of forking first and fixing later???

As for the sale of futures.. well, on a semi anonymous project who's only traceable asset is a pretty website, that's plain out sucker bait. Whether the Bitcoin Atom team has anything to do with that or not, it's still just wrong. Not a fan of Yobit to begin with, but that borders on criminal.