What makes you think bitcoin will achieve mainstream adoption? Because someone told you it's gonna be worth a lot some day? Because someone said it's gonna be on some real markets soon? Really, the logic here is that because bitcoin has shown progress, it will be adopted by the entire world. Well cryptonote now has a coin with its own exchangemarket, GUI wallets, and is showing favorable responses. Your logic doesn't make sense that there's zero chance it can be adopted ever than by a couple thousand people .. as by your definition there are people telling you it's gonna be worth a lot some day, and there's actual progress.

So you're worried about bloat? Have you forgotten about lightweight wallets? What about other ways to mitigate the size of the blockchain, that you don't know about? These are all impossible to fix in the future, just because at one point in the past the data took up a lot of space? You really think the intended target audience is only people that want a personal swiss bank account? I hope you realize it could be much more as well.

Or are you trying to make the point that because the technology seems clunky right this moment in time only three months after discovery you'd use it as a swiss bank account? That's a large thing to say about something that's only three months old .. you must have a lot of faith in this to want to use CN as something like a swiss bank account.

That said, this is just my opinion. There's no rule or law that says you can't do this. But if the US starts to regulate cryptocurrency as real currencies, I'm positive they will view this action as illegal. Right now, developers can claim that they are working on software and not creating money and that the money is creation is decentralized. Once you start making monetary policy decisions with your coin, you can no longer make that claim.

I wonder what the legal ramifications are from the actions of the devs and how vericoin could now be categorized, because it definatly is not P2P .

food for thought, sounds more like a HYIP.

Wow, Patrick, you really did it. You did a rollback of the blockchain and wrote history with it. Everyone with knowledge about cryptos knows that their were a couple of other options to save the coin (e.g. removing the stolen coins from the supply), but you chose to bail out mintpal. You even were offered support for fixing the issue in a reasonable way, but still you used your honorable achieved credibility to break a fundamental rule. Its a sad day in crypto, especially since this wasn't a scam coin but a serious crypto project.

This move will never be forgotten. To the community, if you all trust a single dev so much, here is the perfect solution for you: Fork again and increase the supply such that pnosker owns 50% of all coins which he should never spend on anything and only use for staking. You will be save, forever! Have a good life.

Only in the crypto world do people defend criminals.  If we can find the people who did this in take matters into our own hands and NO punishment from the law then no roll back.  But we can't so if you can protect the people you do it! I still feel for the people who got screwed from Mtgox.

How can I we or anyone promote crypto to the masses if we allow this to go on without trying to fight back.