Quote from: triciam on August 29, 2013, 02:00:55 AM

Congratulations to Feathercoin for now adding extreme legal hazard to its already amazing record of technical failure. By becoming a centralized virtual currency, Feathercoin has now become de facto controlled by a single entity and is thus at risk of government crackdown like what happened to Liberty Reserve. The owner of the checkpoint key also puts themselves enormous personal risk.

The track record of technical incompetence of Feathercoin development is clear and quite humorous.

* Despite claiming that Feathercoin is about innovation, Feathercoin hasn't fixed ANY OF THE BUGS since copying the old Litecoin 0.6.3 source. They have had months of opportunity to copy critical bug and security fixes from Litecoin 0.6 or to upgrade to 0.8.

* To add to this further, when Bushstar copied Litecoin, he failed to change the alert private key (which was seriously bad), but the way Bushstar responded made it even worse. Instead of replacing the alert key with his own, he disabled alerts entirely making it impossible to alert all users that they need to upgrade in the event of a future emergency.

* Also the way that Feathercoin modified its difficulty formula without understanding what he is doing and without modifying the pool software created that breathtakingly awesome time-travelling exploit.

Feathercoin has managed to fix no bugs, added more bugs, make themselves a regulatory hazard that is highly likely illegal as a centralized virtual currency, and has failed to upgrade to 0.8 despite months of source code access to litecoin. Amazing.

The excuse against centralization being bad where individual users can remove or disable checkpoint enforcement is a meaningless lie. If the major pools enforce checkpoints, then it doesn't matter if the users are enforcing broadcast checkpoints.

of course this scam coin is dead and there are good reasons for it. so R.I.P Grin