Quote from: bathrobehero on October 03, 2014, 12:47:27 PM

Quote from: rabbiter on October 03, 2014, 04:40:23 AM

Quote from: bathrobehero on October 03, 2014, 04:35:54 AM

This kind of even distribution basically ends up helping people being whales who can overcome the limitation. By having no value I meant that it's not listed on any exchanges.

Unfair distribution is all about limited access. Anyone can download an app, anyone can ask a friend to download an app, the problem with unfair mining is you need a lot of expertise and money outlay to mine big and be a whale.

This gives access to anyone with a phone. This is about true fairness ie the mainstream, selfish miners on here shouldn't apply.

The only way I can see to game the system is have loads of phones going around in a tumble dryer or loads in a backpack. I know some have already done this but it still takes some human effort. I've bought some of guys doing this, fair play to them. I prefer this to some nerdy twat with a massive Mining computer in his parents basement

Right, so let me point out all the issues I found with mangocoinz:

- it's an android app, an .apk file which can be easily decompiled and manipulated.
- by default, it tracks the movement of the accelerometer and once it reaches a certain value, it add coins. And while I don't know much about android apps, I'm fairly certain you could shape or even completely eliminate the need for shaking to reach the maximum amount of coins you can get.
- the app identifies devices by their IMEI number so 1 device can only have 1 account, however it is pretty easy to emulate a huge amount of android instances with individual custom IMEI numbers on PC as there are several android emulators out there (I just mined 1 coin in an emulator with the unmodified version as a test). Or you could just might build a version without the IMEI verification so you could in theory run the app on the same device as many times as possible.
- it is very likely centralized and there's no proof of the amount of coins generated so far other than a counter on the official website.
- lack of transparency, no information regarding the coin details, future plans, no block explorers or richlists, total users, etc that I could find.
- mining has no cost associated which means it's value will be based on scarcity but some people probably went through the hoops to amass a lot of coins and they will dump them once it will get on an exchange.

So I think in essence this has too many red flags to be taken seriously.

While a few of your points might have some merit looking through your past posts show you are clearly focused on mining whateverthefuck coins. So you being against this coin is a very good sign so go back to Mining the shit out of coins and dumping 10% of them on some shit exchange (cause that's fair Roll Eyes

)this is about average people, ie not you.