Quote from: candl on May 30, 2014, 03:03:44 PM

Honestly it's already busted. Scam coin in the making.

http://www.reddit.com/r/XCofficialreddit/comments/26uf4g/dev_update_290514/churhky

You would think that a capable developer, who claims to implement such cutting edge features, as a decentralized anonymous transactions would not need to buy a coin.
A normal developer would fork an existing coin and start from there, at least this gives you ways to familiarize yourself with the codebase on the way along. The XC coin developer doesn't even know how to use Git (or uses it deliberately to hide things), there's no history of his commits, no information where the repository was forked from, etc. It's not surprising since he wants to hide the fact that the coin was bought which is embarassing so he pushes a new repository everytime there's a change. This makes it also difficult to see what changes (or any) been commited at all. So far there's zero code responsible for any anonymous transactions in the codebase. It's been three weeks since he bought the coin, if he was making any progress we would have seen some evidence in the repository.

What's worse is that things like Zerocoin are a year in the making and still not yet ready, these things are extremely difficult, but a guy who bought an entire coin claims to finish things which are competetive in a few weeks time. Such world class developer would not need to buy a coin implementation, why waste precious bitcoins. It's ridiciolous.

All the announcements like the peer reviews and his explainations were extremely vague and disappointing to say the least. Heck, there's no white paper, no outline whatsoever how his implementation is supposed to work. "It works" it's what we keep hearing.

"Anon" is hot these days, so no doubt that his 0.7 BTC investment in buying the coin implementation is going to pay off once he runs with the premine stash. That's the only loglcal conclusion from all this mess. Building hype is easy, delivering is hard. So far we've only seen hype and nothing else.

and why did the Cryptsy staff who reviews the Github *requirement see this coin as fit for release on Cryptsy ?
of ALL coins put out last few months why is it XC and NRS that get added on there ?
clearly side stepping 100+ coins in their voting system..

sooooo much bullshit lol

who cares right ?

they will change names and hype teh fuck out of some other coin as of a few days ago lol

rinse..

repeat..

pretend the last round of caught red handed scamming never existed / happened.

Stop supporting anonymous coin cloning scammers maybe guys ?