Re-initialization of Advanced Neutrino Coin blockchain
Neutrino neutrinocoin released this on Mar 31 · 18 commits to master since this release
We are re-initializing the Advanced Neutrino Coin blockchain. The reason is that we found a flaw in the initial release which we felt put the blockchain at risk of being unverifiable in certain scenarios. The genesis block reward was set inconsistently in two parts of the code: at initialization, it was set to 1 coin and when being verified it was expected to be 3992. We could not guarantee that this would not cause verification problems in the future, and so, reluctantly, decided for the sake of the community to re-initialize so we could all have a blockchain that we could trust. Apologies to those who have mined some coins, but you will all have the chance to start again, and in fact this next round will be arguably more fair, since presumably more people now know about Advanced Neutrino Coin. Incidentally, we also have changed the difficulty retarget from 24 blocks to 12 blocks to make the network more resilient to changes in hash-rate, but this was a relatively minor change and one we may revisit in the future depending on feedback from the community.
So wait...they reinitialized the blockchain ....less then 3 months ago....
And...the 210,000,000 coins got mined in less then 3 months? with no release info really..
Fun..doesn't sound scammy at all.
Reviewed the code - ....they integrated Tor...which does nothing for anonymity in this type of system. I know that's what they say but they muddle it up with all kinds of other info on their site and all that.
Look like a cash grab. <---- I realize everyone suspected such. Just wanted to say I did a code review....and for the record - it doesn't take long cause they didn't add much.
Yep, literally the only thing they have going for them is a _beautiful_ (as for as cryptocoins go...) website done by people who actually know something about marketing.
I concluded the same thing you did when I reviewed it and the whitepaper. All it will do is obfuscate the IP address connected to a transaction, but 99% of the time that wouldn't matter, as the IP address associated with a block will be which node the miner got the block from, which only in a very rare case would actually be the person sending the transaction. They do a great job of making it sound like it does an awful lot more than that though.