Quote from: coffee999 on July 03, 2014, 10:07:03 PM

Well, competitiveness is always good especially for coins. Let's see what will be later. Good luck, guys!

To a degree yes but as explained above in the alt world its not always the case.

Competitiveness between different algo's, features and distribution methods is good and that is what you get between completely different alts. However competitiveness in the form of a load of clones with basically the same algo, features and distribution methods is NOT a good thing. As explained the strength of a coin is on its network and all a load of greedy shitclones do is dilute the hashing power making every network less secure. All that for no reason other than greed and feeling you missed the boat.

I still can't make my mind up on the motivation of the cryptonote team who seem to me to have been divided. They profess to want to move the technology forward but I cannot see how providing basically a fill in the variables reference implementation that allows people who didnt have the skills before to create their own CN to do so. This is one of the reasons there are so many shitcoins based on common coins with shit devs who have never coded in their life and cannot do any real development. IMO the cryptonote team should be doing all it can to focus on the privacy technology and releasing that as and when, what way they choose to do that would be up to them but I believe the way this has come about makes me question the true motives.