Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [PoW] [PoS] VEIL - Privacy without compromise
by
VeilStrontium
on 10/01/2019, 02:35:14 UTC
this coin is a scam.

I just love Newbie members drawing advanced conclusions like this Smiley

I bet he is not a newbie as you 'imagined' and I am pretty sure that he is the miner or someone who lost their money because of the problem that Veil faces right now.
not surprising though.
calling this, that and everything else as a scam because they are 'losing' it. While the project itself already tried their best to fix this up.
(also, seems like he loves to spread hate about Veil project. Because most of his post was posted in this thread, and all of them were talking shit about this project).



A scam would require the Veil team asking for your money for something and not delivering in return. We've not asked anyone for a single sat/cent—that's what the budget is for. There are always risks mining a new coin, and the decision to do so or not lies solely with the individual, so please do your own research, choose pools wisely, and verify the people you're speaking with before giving any potentially sensitive info (the team won't ask for such in any case).

I've not yet come across a single instance of people losing their money if following proper procedure [ie. backing up their wallet and seed, and not buying or selling wallet.dat files (leaving themselves open to being scammed)]. Yes, zerocoins have needed recovering after not being displayed in-wallet frequently, but there are commands to reacquire those. And yes, some people have forked themselves by not updating properly and lost mining/staking rewards, but those were never theirs to lose in the first place.

The launch has been bumpy, certainly, with the majority of problems being an obvious lack of GUI polish. As QA guy, I'm not proud of the state the wallet went out in and personally would have loved more time to refine it. However, the decision was made to focus on making the coin mineable and to avoid further delays. I hope you all can appreciate that efforts are underway around the clock to get the wallet to the standards everyone expects, and deliver upon everything we've stated in our objectives and more. Thanks for your patience and understanding.