Post
Topic
Board Announcements (Altcoins)
Re: [ANN][POW+MN][Cryptonight TRTL] BitToro - Stable payment and decentralized data
by
semiPOOL
on 29/06/2019, 10:34:44 UTC
Reserved for Q&A
1. Is it project a "scam" ? It looks like a scam. I can not trust this project.
- In current cryptocurrency world, all projects need time to prove itself. Mistrust is common and only time will tell.
2. Another shitcoin of copy paste ?
- The project use other projects' open source codes so you can consider it "copy paste" however the idea is unique and a combination of two other main projects. Code base is not 100% the same with any project.
3. Why don't you consider big exchanges ?
- Listing on exchanges cost one way or another (Thinking exchanges listing being totally free is naive). As a small coin, we understand the obstacles new startups face. We prefer to support new small exchange startups both in term of costs and cooperations. Big exchanges are desirable but not in hurry.
4. Pre-mine and governance fee sound bad.
- Main reason for premined is to run service nodes' check-pointing (minimum 20 MNs or 180 million coins). It is also for bounty, tipping and motivation for devs. Developers are human and they look for personal interests as anyone else. Asking for developers to work for free is the same as "Will you mine for free ? Will you sell for free ?". From my point of view, pre-mine and fee are motivations for a project to grow. Most of premined and staking rewards can be burned in the future.
5. The team do not know how to code. How can this project live for long time ?
- In the short term, we will try the best to maintain the codes and then we will hire or recruit talent coders to join the team. It is based on consensus of 100% current team's members. Even not in team members, anyone is welcome to pull request improvements on Git-hub repository and we are willing to pay for good codes.