Post
Topic
Board Announcements (Altcoins)
Re: ZeroVert - First Zerocoin Implementation | New gold standard for privacy
by
turtoro
on 07/11/2014, 13:08:09 UTC


I agree, without official confirmation from the Vertcoin dev team members mentioned in the OP.  Then I would be very careful before installing any closed source software released from a newbie account.



You can see our team members in the website ( zerovert.org ). We don't care if you want to call us as scam coin because we don't, and we are looking ahead to improve current Zerovert in term of performance, and security. But good luck, you only live once.

I'm personally not calling this a scam coin 'yet'.  I'm just warning people to think very carefully before installing any closed source software released by an anonymous BTT account.  The cryptocurrency scene was built up on opensource principles and foundations.  The sooner you release a road map for it to become 100% opensource the better.  I've been following Zerocoin development for quite some time now so am genuinely interested in this coin.  Has Poramin officially confirmed that this is his project?  If so do you have a link to the statement?

The vertcoin community has been following this very closely. There has been verification that its him. Its legit. Its not particularly surprising if he managed to overcome issues with zerocoin. He has a connection with matthew Green, and also there was talk of implementing zerocoin in Vert back in the Spring.

however

He has made some very bold claims about this project. Essentially doing what no one else was able to. This immediately calls for verification of his work. Poramin is a known person, but he does not have enough "capital" to make a claim like this without it being vetted. As far as im concerned, this coin is a no go until the claims are verified independently. The pre mine just makes my opinion stand stronger as does the somewhat sloppy roll out, lack of communication, and other things.

Trust but verify.