It's funny the attempted defense of Spectre Security Coin which I'm just going to say seems very much like a Scam. Here's a list of all the signs I can see.
1. Where's the code? There are no links I can find to Spectre Security Coins code anywhere. There is no Github depository with Spectre Security Coin code or other resource I could find. Thats a big red flag.
2. Their team is smoke and mirrors, I keep seeing the Spectre Security team directing people to their website to check out their amazing team, well I did and there is nothing there. Just photos with no relevanet info and the only thing they offer is their discord user handles. What do they do whats their experience? it doesn't matter because like I said this is probably just a scam and when things go south expect zero accountability from the part of that so called team.
3. Name confusion, Spectre Security Coin, XSPC has purposely chosen a name and ticker that is very close to a legitimate project SpectreCoin, XSPEC. I can only imagine this was done for a number of reasons one I believe is that Spectrecoin the legit project had one of the most successful ICO's ever so Spectre Security Coin hopes to parlay some of that historical success onto their name so when people google scam and Spectre Security Coin they can trick some dopes who don't do research and convince them to lose some of their money in this scam seeming project.
4. What do they do? After reading the white paper what does Spectre Security do? It is unclear to me the mission of Spectre Security Coin after reading their white paper. Here are some questions I have how is their blockchain more secure? How do they connect with security professionals? And why would security professionals work with Spectre Security? None of this is explained in any depth in the white paper. Instead we get. "Who is Spectre Security good For
1. Those who want a Service or Product (ohh so all humans!) 2. Security Researchers/Professionals that are interested in cryptocurrency (Why?)
3. Crypto traders and investors ( We want your money. ) 4. Those who have the desire to explore the crypto-currency world (We want your money.)"
5. Its a premine coin and there is a large history of premine scams in crypto. Spectre Security Coin seems to be using a shotgun approach to attracting investors, The coin is both POS and POW but there are no easily found public repositories for their code so they are essentially offering a vague product. Their white paper does not offer more help as it lacks any specific direction but seems more meant to capitalize on people blinded by crypto hype. No concrete team plus a confusing name and you've got the play book for the ol' classic premine selloff scam. Check it out, it actually is one of the oldest scams in crypto.
But hey maybe I'm wrong maybe this is the next big thing in crypto and just coincidently has every imaginable sign possible of an exit scam. Probably not though.