Ninjastic
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Board Announcements (Altcoins)
Re: [IPO-ANN][FC][FileCoin] Decentralized Encrypted File Storage
by
3yM
on 08/03/2014, 04:26:35 UTC
Quote from: smartcoin on March 08, 2014, 04:06:16 AM
Quote from: 3yM on March 08, 2014, 04:03:51 AM
Quote from: MsCollec on March 08, 2014, 03:59:56 AM
Too good to be a scam  Huh

Why do you think it is scam?

Because you haven't detailed anything about the protocol or how it's going to work. Demonstrate your ability through screen recordings of the client working properly.

Also, you haven't detailed how proof of work is going to work in this situation. Nothing at all.

So, in conclusion, this is a scam and please treat it as such.

[insert obligatory 69.5 BTC quote here]
You are comparing FileCoin to bitcoin & altcoins. Why? Because it has *coin idea in it and part of bitcoin algorithms? Here is no standard mining - we have just CPU encryption operations and HDD / INET as main profit modifiers.