Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ZNN] ZENON • The Network of Momentum
by
Corn Chowda
on 08/02/2020, 15:51:57 UTC
"Checked your past posting. Yep Russian. I would bet good money you are Luna that hacked Zenon and stole my Bitcoin and got the Zenon I bought blocked. I don't believe in Karma but I do believe God avenges the righteous. Change your ways or things will never be good for you. Trust me on this. "

Like you bet your money on Zenon Network and they blocked your coins without any explanation?

So if I am russian I must be a hacker according to your judgment no? All russians are hackers...can you provide some evidence that I am Luna or you just want to deceive people into thinking that, like the team does, when someone is presenting some facts that are truly happening?

It seems no one wants to discuss the facts backed by evidence :

- zmnscpxj (squarecrypto confirmed account working on lightning network) confirms that Squarecrypto has nothing to do with Zenon Network. he even posts a weekly log that that can be verified
This was purely speculative by a Zenon supporter because of the name resembling a Zenon wallet address. I thought it was an example of seeing something where there is actually nothing. The only thing he ever said in response is that he's a lightning developer and doesn't speak on behalf of Square for anything else they may or may not be doing, essentially "I have nothing to do with other things they may or may not be working on."
- Team lies about non-ICO, isn't transparent about how much money they raised in ICO
It is true that there is not information about how much was raised. I've seen some claim that a few million USD was raised, but this is impossible to confirm. It seems reasonable considering the lack of hype and marketing at that time, but it would be nice to know for sure. Here's what we do know: they offered 5000 ZNN per BTC. BTC is returned through XStakes over 24 months as long as it is staked without interruption. In spite of that lack of clarity, this suggests it is not a scam.
- calls premine -"personal investment"
Where do they call premine a personal investment? I've never seen this and I'd like to. Having context is extremely important here. It could be argued that the developers invest time and deserve to get something back - they have bills, too.
- bans people that ask non welcomed questions Some people on discord ask the same questions over and over and expect everything to be answered in full detail every time. The team clearly doesn't want to disclose every detail, for example about the hacks that occurred. The people who ask over and over about this get banned because it spams the forum. All I will say is if someone doesn't feel comfortable with their answers, they are under no obligation to take on the risk. This does not make it a scam as you claim, just maybe a less friendly experience than other discord channels. I agree that more transparency would be better, but this is how they roll.

- has an explorer with no rich list This might have something to do with them not having an ico to protect contributor's information, which they state on their website. (I think it's likely because they're based in the U.S., so that would make sense with their strict KYC laws). I don't know for certain, just a guess. How this would make it a scam is unclear to me. Please explain.  
- has a roadmap full of wallet updates Wallet updates indicates a scam? They're using a pivx fork, which is not the greatest as we all know. Updates happen. Other events have happened besides the updates to the wallet, like the pillar lock in and the incubator. Whitepaper is next. Be patient!
- coin is listed on some exchanges known for listing shady coins Stex and Crex24 have plenty of legit coins. Name an exchange that doesn't list a shady coin. I'll wait.

https://twitter.com/sqcrypto/status/1204815615678177280
https://twitter.com/CryptoQuestor/status/1225184642141167616
https://zmnscpxj.github.io/activity/2020-01-30.html
https://bitcointalk.org/index.php?topic=4281633.100
https://zenonnetworkscam.com


Why wont they provide full details about the two hacks? 1. Minting 2.5 million ZNN out of thin air. 2. Staking exploit that made the hacker an undisclosed number of coins.
- Exploits used
- addresses involved and coins blocked
- how many coins did the hacker managed to sell on exchanges and OTC before they blocked his coins from the second hack. In the first hack the hacker sent the coins to the team's addresses. I wonder why he would do that ? Did he got payed to do that? He says he got 30k ZNN as shown in the evidence above. Seems that some people in the zenon tg want others to believe that they made an update for the first hack and this is how they blocked the coins. Clearly a lie and the team bans you if you ask the right questions as shown above in this thread.

Hacker's address from the first hack when he minted 2.5 million ZNN (I see a big number of coins entering and leaving this address besides those 2.5m, wondering what's up with that?) :

https://explorer.zenon.community/address/?address=ZPGAaMBi6qmsDqnDmTbo8YVscknTxTGx2R   - As you can see those 2.5 million znn where sent to the 4 developer addresses on June 15 (4 transfers of around 640000 znn). If we check when the team made updates on their github, there is no update in those days...https://github.com/zenonnetwork/zenon/commits/master - All we can see is may 6 and june 21. This proves the hacker sent the coins on goodwill to the 4 developer addresses. What did he get in return Huh

The 4 developer addresses :

https://explorer.zenon.community/address/?address=Zb6KERQRrLAG7yKfY41KRj4KF74MVKK6dh
https://explorer.zenon.community/address/?address=ZYSHQShgULYLQ12McM8nzjYAx8xJ5Qyogt
https://explorer.zenon.community/address/?address=ZFEh97V52dr7RSNSuGEUfXrcUu3tyMPQoG
https://explorer.zenon.community/address/?address=ZG3nvGon4GGak2eo1V9ifPCR3bMY7XNAgV

As an investor I would be more concerned about this facts, rather than who is the hacker, even though that is important also.

Those 4 addresses received the hacked coins and were sent to an address where they were burned:  https://explore.zenon.network/address/ZNNisBurnedHereDoNotSendZNNXZZkEhL

Each address contains about equal amounts which total approximately 800k, which is the developer fund used for various purposes. The

This I'd like to know more about, but it's entirely possible that a whitehat took them back from the hacker and returned them to Zenon. Also, they could have patched the exploit without adding it to github. I don't know for sure. You are correct that they haven't given every detail about the hack. I don't know enough about this situation to say a whole lot, but the coins were burned.


As an investor I would be more concerned why are you erasing your posts here or edit them. Why do you think this hacker has done more damage to you when you bought this coins on an exchange and those coins were approved by the team? That has nothing to do with the hacker. Team didn't blocked those coins and you bought from him supposedly, because we can't know that for sure if the team doesn't provide the above details about the hacks...I find it very odd that you delete your posts, make peace with loosing 50 BTC and direct your anger against the hacker when the team blocked your bought coins for no reason...

https://i.ibb.co/zPpRXP4/111.png


https://i.ibb.co/WBdCWc4/2222.png

^ Nobody can read these.

You do raise some good questions, but I personally don't think you've proven that it is a scam. Certain things lack transparency, which is too much for some investors. I completely understand that position. However, I do not see any proof that it is a scam. Hopefully we can find more information and better understand the answers to the questions we both have. I still think it's a strong buy for me personally - as far as risk/reward is concerned, it's well worth having a reasonable position in this. Let's see what happens! Best of luck to you.