It hurts my ears when someone claims loudly that he has implemented something from scratch and it is going to be released in a few days and be better when something on the market. Either you are really good/geneous developers (possibility 1%) or it is another blah blah blah (possibility 99%).
Agree with you man. So many opinionated announcements that come to nothing, not to mention the banal scams.
But, to be clear - Cryptonote technology already released in Bytecoin project (do not be confused with the same named Bitcoin fork, meaning bytecoin.org - cryptonote-based project), and seems to be working, we belive it working.
And even with the belief in this technology, we took off rose-colored glasses and wrote
Shortcomings