Ninjastic
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Board Announcements (Altcoins)
Re: [DSH] Dashcoin (cryptonote coin, true anonymity, automated source code)
by
burnbabyburn71
on 10/07/2014, 10:07:53 UTC
Quote from: bctx on July 10, 2014, 09:15:38 AM
Quote from: burnbabyburn71 on July 10, 2014, 08:53:34 AM
Quote from: bctx on July 10, 2014, 06:41:31 AM
So you believe people are actually going to be psyched about a clone coin in the long run?  Huh Didn't everyone learn their lesson from Bytecoin (BTE)? At least they're honest about it being a clone coin. The only people mining it momentarily are early-bird miners.
This clone coin doesn't copy Bytecoin's (BCN) main flaw which is the big 'premine'. Why do you think Monero went to the moon while Bytecoin went no where.

Actually, Bytecoin (BCN) currently tops Monero; and in terms of total market cap, Bytecoin has hit $8 million versus Monero's $5.5 million. I'm not sure what might happen in the long run, but it would appear that people are more concerned about originality versus a masked premine.

Well Monero seems to have far larger support from the community than Bytecoin and they seem to be developing the coin and fixing bugs faster than the Bytecoin team. Monero has been accepted on major exchanges while Bytecoin is stuck on the smaller Exchanges. Whether or not the market cap is higher, the 'premine'/unfair distribution of coins is a major flaw that people want fixed. This was the reason for Monero's success.