Quote from: solstice on October 07, 2014, 02:00:46 AM

Quote from: chassis on October 07, 2014, 01:38:56 AM

Quote from: bigdog246 on October 06, 2014, 10:17:31 AM

POD proves the authenticity and reliability of the team, and the team info is released, so it is not necessary to provide POD.

the problem is i don't feel safe.

This seems to be the sentiment of many altcoin investors. POD is definitely necessary to gain trust and confidence.

I think the proof of developer concept is something that on the surface sounds like a 'good idea' but if you step back and look at the big picture I think it could actually be a method to allow people to get away with scams easier. The information they demand is developers' full name , address (or where they live), details of all their social media accounts they personally run, and if the developer being 'rated' works with other developers who may have credentials to push updates of source code to github.

Some people claim this will 'clean things up' so there are fewer scams.
First of all who is to say that the people doing the ratings are honest ?

Ok you know the persons name and had a video chat with them. So what.
They can still code a coin designed to rip people off and this 'high rating' would actually give them credibility.

Another flaw in this concept is that no matter who the developer is if the coins distribution system is 'staged' to be unfair it is still a scam.

So why you trust POD? only set up on July 29th, 2014.