Post
Topic
Board Altcoin Discussion
Re: Blowing the lid off the CryptoNote/Bytecoin scam (with the exception of Monero)
by
neuroMode
on 16/08/2014, 09:46:05 UTC
I have a question about Quazarcoin being linked to the original scam artist devs of Bytecoin:

If it's a scam, how is the dev OracionSeis benefiting? If it is was indeed a scam, the dev had an excellent opportunity to "cash out" when QCN hit Poloniex and soared to ~ 0.01 QCN/BTC. Why keep the whole thing going after this? Why post in the thread almost every day? Why is there no obvious bashing of Monero by the dev?

I like the investigative work you did, but you sort of call out QCN in your rage and don't really go into detail about anything else. Nothing I've seen over the past month or so makes any sense in the context of it being a scam. If it is one...it's a pretty damn harmless one.

I'm about to pass out, but I've updated the OP with info on QCN. Search for OracionSeis and you'll find the new paragraphs.

Added my Bitcoin donation address to the OP too. Your donations pay for the insane amounts of pizza and Monster I consume when researching this shit.

Fair enough. I just read it and I still think you are blowing it a little out of proportion.

So he tried relaunching Monero. Big deal. It wasn't really malicious in nature after clicking its thread. He even clearly outlined why he was pushing for a relaunch. I quote:

Quote
I want to talk about the Monero relaunch.

The CryptoNight algorithm & the CryptoNote protocol undoubtedly will have the great future. The technology performs all of the claimed promises. I’m sad that it was only in a deepweb a long time.

I’m against premine, instamine and other "honest" ways of scamming users. I’m sure that attacks on BitMonero are totally unacceptable. TFT is the good guy but not for our market.

The opposed camp consists of aggressive users who solo-mine now with help of an optimized miner with a closed source. Moreover, this miner not available to simple users!

So I decided to relaunch Monero with improvements. Monero will have a flatter curve issue (see the chart) and a fast miner from the start.

That doesn't sound too terrible, and definitely not 'malicious'. It just kinda sounds like someone who just didn't agree with Monero's progression/launch and was trying to rally like-minded community members. Seeing that either enough people didn't agree with him or that relaunching was a poor way of dealing with his issues, he canceled the launch and relaunched as Quazarcoin. Whether or not he is wrong about the assertions he was making is a different story. I think it's just pretty clear that he was just disgruntled by some things and wanted a coin like Monero that was 'fair' in his mind.

And that's pretty much all that Quazarcoin is today. The OracionSeis guy quietly goes about his business devving QCN no matter how popular or unpopular it is during a given week. I really haven't seen him take any aggressive or malevolent actions towards Monero in the process. He also shows interest in helping out community members who post problems they are having with the wallet.

If this is some scammer or thief, he's definitely doing a terrible job of it.