Post
Topic
Board Announcements (Altcoins)
Re: [SCAM] GARLICOIN - Reddit's Garlic Bread Worshiping Currency
by
smiba
on 05/02/2018, 09:38:34 UTC
I'm sorry but the more comments I read from you the more I realize that it's a case of poor Due Diligence.

1). Your entire claim is based on one speculative Reddit post. If you read the comment section of that post, you would realize how wrong /u/kamencco (the OP) was (i.e. not fully understanding what scrypt-n is).
2). Taking a step back (assume GRLC isn't ASIC resistant). The coin started off as a meme coin. To most ppl (probably even the devs), scrypt-n is analogous to ASIC-resistant. It's highly defamatory to accuse the devs as scammers. They clearly didn't intend to use "ASIC resistance" as the platform to rip other redditors off. (Of course, there might be a rogue dev right now but I'm pretty sure you weren't specifically describing him).

It's fine to hate GRLC and give constructive criticisms about the coin. However, it's unfair to make sweeping accusations about the coin (i.e. calling it a scam). Also, note that GRLC is a month old meme coin. So please make balanced comparison with decade old currency disruptor like bitcoin.

Garlicoin was released and marketed as ASIC resistant with the devs either willfully lying or being ignorant. Either would be extremely irresponsible ans showcases their incompetence. "ASIC resistance" is still on the official website...

Garlicoin is NOT ASIC resistant and the developers lied about this. Facts, not speculation. It's sad to be coming to this realization but the truth has to come out.

Keep on saying that its not ASIC resistant does not suddenly make it "Facts". You cited zero sources other than that heavily debunked reddit post. If you hate GRLC, that's completely fine. Just don't influence other people with your unsupported belief by having that red, bolded warning sign on the first page and the [scam] title.

KNC Titan, one of the biggest scrypt miners produced, supports scrypt-n up to n of 19. https://github.com/KnCMiner/knc-asic/blob/d83f1e67785eff0af00175d85564ace840c28186/knc-asic.h#L10

Garlicoin I'd scrypt-n. What else do you need to know?

Thanks for once again posting the very same github code

The hashrate of these things is not amazing and neither is their power draw. On top of that you keep ignoring that these devices are quite rare, are not being sold anymore and are dying really fast (making it a horrible investment no one wants to but anyhow)

How can I report you to the bitcointalk staff, this is a joke. You have no idea what you're talking about