You know, I totally agree. I see nothing wrong with testing security. But DDoSing exchanges, extortion etc seem to be what this is really about and it seems to me that the amount of duplicity associated with dealing in btc is it's biggest drawback, next are technical weaknesses.
I don't think maza coin is known at all outside of the btc community so that negative publicity can't really affect btc.
The character of it's community, on the other hand, is under close scrutiny, and their actions will always be made to seem worse than they really are. Just think if a wave of extortion/DDoS attacks associated with btc hits the mainstream media.
btc won't be worth a plug nickel, if that happens
I completely agree with you as well. I do not want to see negative media attention for extortion/ddos attacks. I just put an edit at the bottom of my previous post:
Edit: I am in support of informing the community about blatant scam coins and I do not believe mining to test the "security" of a scam coin that results in a fork to be illegal. However, if other illegal activities such as DDOS attacks, extortion attempts & malicious threats are taking place on here then I do not want to be a part of this or have anything to do with this movement.
I feel that getting this discussion started is very important to the survival of the alt coin community. This is the 1st place I see it taking place.
We are all against centralization & control as that is not why crypto currencies were founded. But at the same time we as a community need to provide some kind of information resource to help people make a sound decision when deciding upon which cryptos to invest in.
If people continue to get burnt my pump & dump scam coins it will only keep making it harder & harder for crypto technology to be taken seriously.