Quote from: DeathAndTaxes on November 10, 2011, 07:54:42 PM

Quote from: FlipPro on November 10, 2011, 07:45:48 PM

SC is pretty centralized right now, and I don't think anyone is denying that. What we are arguing is that this centralization of the trust wallets will disappear later on and be replaced by real trusted nodes (SC millionaires).

You haven't been arguing that in the past. I guess you just got tired of trying to lie when source code is available. I am glad you admit that ScamCoin is centralized however even here you aren't being honest (you know the truth, the WHOLE truth, and nothing but the truth).

1) It isn't "pretty centralized". It is absolutely centralized. It is a crypto-currency monarchy. Now you may argue the "King is good" but that doesn't change the fact that ScamCoin exist under complete and absolute control.

2) Your king has made sure there will be no "real millionaire" for years if not decades. So the idea that it will suddenly be decentralized in near future is false.

3) Since 51% control of the control money = 100% ability to enforce changes on the network the first millionaire is meaningless as they still won't have any real control.

With 51%+ of control money King RealScam could:
a) prevent any other node from EVER becoming a control node
b) end block rewards (hell he already cut them 87%)
c) increase Kings tax from 10% to 30% or more.
d) block transactions & blocks he deems unfit.
e) halt block block chain, fork it, and reboot it
f) ANYTHING ELSE HE DAMN WELL FEELS LIKE

Quote

You are inaccurate when you say that there was a 12 Million coin pre-mine and that these coins are spendable throughout the network. These wallets are temporary/unspendable, and most importantly PUBLIC, so if there ever is foul play everyone will know.

No it is accurate. While the control wallets are unspendable they can be transfered to very spendable wallet owned by King RealScam. All block chains are public. Knowledge is somewhat useless in a pseudo-anonymous irrevocable environment. You have no proof that the 12M coins can't be spent right now. Just more fallible trust in a King with complete control of the network.

"You haven't been arguing that in the past"

You obviously don't follow me then. I have said in the past that right now the control nodes are centralized to the solidcoin developers. I have repeatedly said thats a problem, and that they need to figure out more ways to decentralize the network as much as possible, without putting cross hairs on those who hold the "trusted nodes".

2) Your king has made sure there will be no "real millionaire" for years if not decades. So the idea that it will suddenly be decentralized in near future is false.
This is very simple. The more people sign on to the SolidCoin network, the faster the coins will inflate, and the faster we will have our first millionare.