Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine
by
Jabulon
on 29/03/2014, 21:36:58 UTC
I have an honest question.

To an investor in wall street how can i explain in a single powerpoint slide why Blackcoin has bigger Market Cap than Mintcoin, they have same features. Mint was released 10 days before and is hybrid POW/POS, to an outsider they are practicaly the same

Im conducting investing rounds, i now FAST/POS is the future and i need your side of the story, for an possible investment.

Thanks.


Assuming this is indeed an honest question and not just an intentional ball-toss to Mint-promoters who relentlessly try to fud this thread because they see BC as a direct threat and competitor:

The two coins are very different, most notably in with respect to inflation as has been pointed out. We don't have all the facts about the Mint premine and where it went and probably never will, so I'll leave that aside. As far as 'the security risks', if you read a couple pages back you'll see that I and a couple of other informed people posted regarding Sunny King's rewrite of PoS earlier this year, which resolved the flaw, as confirmed by the person who first identified it and extensive peer-review. At this point that crap is all just FUD, almost invariably from Mint enthusiasts, and is growing tiresome.

Also, just bear in mind that people will tend to talk up the coin they are most heavily invested in. Any idiot should be able to see through that. I will refrain from talking up the 'awesomeness' of BC. Do your own due diligence. Taking a poll on a bitcointalk thread hardly qualifies as research, if that is your sincere intention.