Post
Topic
Board Announcements (Altcoins)
Re: [ANN] TOMOCHAIN - The Most Efficient Blockchain for Token Economy
by
nutildah
on 10/04/2020, 05:12:49 UTC
Something seems fishy here. He cloned the repo and took care to delete every mention of the name "TomoChain" in the code and also in the general description.
You would not do that if you were just playing around with the code out of interest.
But he did not change the rest of the description or stated that his project is a clone of TomoChain.
To me that looks like he does not want people to know that it's a clone.

He named it by his old project tao which seems to be around since 2016 but has been kicked of most exchanges and is trading near zero volume today.
Maybe he will relaunch the project on the cloned chain to generate hype. He could "premine" the majority of coins and make even more since he would have the highest staking weight by far. If he generates enough hype and trading volume he can dump his coins and make a goof profit. I know I am assuming a lot but I have seen this happen over and over again.

Thanks.

Everything you said about Bryce's potential motivations matches his MO to a T. He says old Tao holders (of which there are not many) can swap their old coins for new ones, but no doubt he will remain in control of most coins.

I appreciate the input.