Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
E.Sam
on 18/09/2013, 20:08:49 UTC
I would of course argue that the missed deadlines are a direct result of the issues the developers have had and not anyone deliberately misleading anyone. Either way, there is now an address public where pooled mining income will be sent once the software issue that is being worked on is solved. I can't think of a more 'definite' means of communicating the status of the project then that.

A couple of suggestions to improve communication:

* Stop lying, like in "we are hashing at about 2 TH/s now", more than 2 weeks ago
* "We will sign mined blocks in coinbase" you never did
* "We are solo mining" where are your blocks?

Now pooled mining? HOW are we going to be able to CHECK that this is not MORE BULLSHIT AS USUAL? The fund could come from anywhere. No generated blocks, no proof of hashing. At least until you provide a publicly verifiable stats page with an account that you claim to be yours on the pool.

Unbelievable...

This