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.
i was thinking the same. no way im putting money to it, looks absolutely too shady.
good point to vtc is also the very open dev group. cant say exactly the same about pandacoins devs&investors..
edit: by investors i mean mostly this guy wolong.. too mysterious for me..