Post
Topic
Board Archival
Re: delete
by
joiblumen
on 30/03/2014, 05:23:31 UTC
I think it's sad so many people support what BCX is doing. I hate premined scam coins just as much as the next guy, but BCX has prematurely decided that the 50% can not possibly go to the Icelandic population and a person holding all that money will surely cash it out himself.

There is still no evidence that Baldur is cashing out and we should give him and the project a chance until anything suspicious happens. In the meantime I will continue warning everyone in the media here in Iceland of the dangers of one man keeping such a large portion of the currency and how everything could fail because of a man like BCX.

A possible exploit is something that is good to talk about and test. I know about the security implication of retargeting on every block, but it was necessary for the coins survival so it needed to be deployed. A tweak was later implemented to try to mitigate a possible attack as we got worried about time-warps.

No one is able to buy Bitcoins because of capital controls here in Iceland and now we finally have a chance to participate.
Over 7.1% of the population have claimed their share of Auroracoin. Almost everyone is talking about crypto currencies and learning about this new technology. The media has been reporting about Auroracoin every single day and a large market has merged. Even if everything falls tomorrow the project is a huge success in introducing a country under capital controls to the powers of crypto currencies.