Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SAFE][dPOW] Safecoin - Komodo Fork - zCash Privacy Secured by Bitcoin
by
SafeCoins
on 06/03/2018, 19:55:07 UTC
Be cautious investing in this project, you've been warned  Roll Eyes

And that is why?

Because they forked Komodo Platform and are trying to replicate technology they don't understand. This can end badly for everyone involved if someone isn't paying attention to the code.

Hello ptytrader,

You make a good point; as you have touched on we are working with some incredible features

However, as you are probably aware as a Komodo supporter, we chose what is likely the most secure, rock-solid codebase and network in existence.  

This was not by accident.

We could have gone with Zencash's codebase, which has tremendous, undeniable support and knowledge behind it.   Yet, their blockchain has already failed once due to complications with their own fork.   We evaluated this and chose not to inherit it.

We could have gone with Monero's codebase, which admittedly has more community support and knowlege behind it than any privacy coin in existence.   Yet, they managed to leave a gaping wide hole in their code for months on end that would have let anyone take over their entire network.  We evaluated this as well, and did not inherit these risks.

Are there risks with every single coin?   Yes there are.  But you and I both know we are sitting on the most stable and secure code out there with the track history to prove it.

Yes, Safecoin/Komodo is feature rich.   But it is also security rich.   You should be proud of your blockchain's strong history.

We are.