Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [XTC] TileCoin| IoT (Internet of Things) bitcoin blockchain - ĐApp
by
xnova
on 20/11/2014, 15:53:58 UTC

I doubt very much that your IQ, and your purpose



Your doubts have absolutely no relevance to the fact that the Counterparty developer has just confirmed that this is a scam, and to opposite what was claimed it has nothing to do with Counterparty, and therefore it has no decentralized application engine whatsoever. It's a scam. Period.

I haven't confirmed anything. I simply stated that I didn't like how we were engaged on looking at this project. Is the project a "scam"? I don't know, and that's not our call to make, or be involved with making. I will say that it *seems* that the project has some written code and technology, which is more than 95% of the projects in the alt coin space.

IF we had any involvement, it would simply be to look at the technical design as far as it integrates with Counterparty, and give purely technical advice. That's all. We have done this for numerous projects building on Counterparty and it's never been a big deal, but it seems that some individuals in this community have a problem properly understanding what that means, and what it doesn't mean.

I am not specifically familiar with Tilecoin or their technology, and so cannot comment further. But given the reaction and misinterpretation of this forum to any kind of minimal tech review (interpreting the lack of it Tilecoin being a "scam", and the presence of it as the Counterparty developers putting their reputation on the line for Tilecoin) I am very hesitant to get Counterparty involved in any way, as it will be mis-construed.