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, 11:23:20 UTC
The SourceForge link between those four is also quite tenable. Nobody uses ShitForge anymore, definitely not for a cryptocurrency.

There are more links.

First, the style of communication on all these coins is quite similar. The developers are absent for days at a time or longer, then make very short posts with questionable (at best) English writing skills. They don't really interact with the community so much as show up occasionally and make prepared statements, then disappear again. (BTW, this reminds me a lot of TFT.)

Second, we know of bought accounts being used for both bytecoin and quazarcoin.

Third, there are major stylistic similarities between all of their web sites. For example, look at the icons used for their download links:

bytecoin.org:



quazarcoin.org:



fantomcoin.org:



monetaverde.org:



old bitmonero.org:



I thought maybe this style of download links was extremely widely used and this could be a coincidence, so I looked at several other coins that are reasonably "hot" now, including DRK, CLOAK, and XC. None of them used this particular style of download links.

In my opinion all of these cryptonote/bytecoin coins (except Monero) are being run out of some kind of coin mill, probably operating in a country where English is not widely used. The public-facing "developers' are really just caretakers who divide their time between appearing to be working a lot of different coins under different names. The web design is done by a common team, which explains the stylistic similarities (close attention to the web sites would probably show more such similarities).




All of this is nice to point out, but I still don't get it: What's the scam? What's the wrongfulness in QCN existing? There isn't any obvious misleading or deceit happening in the thread. There isn't constant artificial hyping. There isn't a premine for the dev to dump. Nothing the dev has done makes any sense in the context of him concocting some evil plan to screw people over.
 
I think QCN is pretty much a 'what you see is what you get' type of deal that people can judge properly before investing or mining. I don't see QCN getting jammed down anyone's throats, so what's the issue?