Post
Topic
Board Altcoin Discussion
Re: [CryptoNote] A complete forking guide to create your own CryptoNote currency
by
drawingthesun
on 03/07/2014, 14:30:02 UTC
Is OP legit? I don't believe that the user cryptonote is someone in CryptoNote team. Maybe fake account

Unfortunately things are not so simple - see my posts above that user cryptonote did prove some PART of he is somewhat belongs to official Cryptonote team.
May be internal team conflict?


I think so too. I think the whole cryptonote team wants mass adoption at whatever costs. But I think there are some elements of that team that want to make profit through mass adoption. In theory, nothing wrong with that. In practice, if this is made through a proxy such as bytecoin, it's done at the expense of the community.

One thing troubles me : they could make a lot of profit backing XMR as the market price is very small and the potential growth is enormous. Why dont they ? My hypothesis is that they want profit AND control over the coin they are backing.

Anyway, it's all stupid because at the moment only XMR is advancing towards that goal of mass adoption whereas the one hurting that goal are the designers of the technology.

It's already a politcal movement that looks a lot like bitcoin. It's a wonder such smart people can't see it - ah greed !

I agree. I fear that the move towards a thousand CryptoNote clones will simply dilute the market, a better idea would be to rally behind Monero and join the core team, in effect this creates a certain trajectory for CryptoNote and positions us for second place beside Bitcoin.

I really think this latest move in the CryptoNote world only serves to create more fear, uncertainty and doubt among CryptoNote enthusiasts and weakens all the CryptoNote coins at once.