Post
Topic
Board Announcements (Altcoins)
Re: [MNS]|Mantis|X11|PoW/PoS|MantisReward|MantisUI2.0|MantisChat
by
squiggie
on 22/08/2014, 18:54:27 UTC
the only way this problem is going to stop is with the creation of a developer registry to act as a proxy for developers.

the registry would verify the developers personal information and development history.

developers would then be able to remain anonymous and use the registry verified seal of approval.

if the developer ended up being a scam, the registry would reserve the right to expose all of their personal information.

the registry could of course charge a fee and/or require some form of deposit.

just a thought. somebody please make this happen as i am not smart enough.



http://coinssource.com/trust

while that site is certainly useful, it doesn't really address the issue with brand new coins.

while it would be easy to add mantiscoin to the current list with a negative trust, it does nothing to help the early adopters of new coins.

the early adopters are of course the ones who end up paying the price with these scam coins.


I agree with you. That's why I've now taken a stance that I will not be an early adopter of any coin anymore without them taking proof of developer and trust sources. Hopefully if the community as a whole starts doing this, it will cut down on the amount of scams.