i dont know much of writing code but i guess pandacoind devs are pretty much copying the code and the devs of vertcoin are way ahead because they created it..
pandacoin is also so much premined that they easily control the prize and markets long time. so sounds like scam to me..
but, if its success i believe there is market for both of VTC and panda because pandacoin is designed especially for asian markets.
May do a quick pump and dump on that crap clone, then come back and buy more VTC.
Was thinking the same thing, lol!
Since I temporarily can't get my BTC off the exchange this might be a nice opportunity to buy more VTC.