If you're into mining and looking for new coins to mine, I would like to suggest Merit (merit.me) to you. It aims to be the world's friendliest cryptocurrency. In order to be able to unlock your account and to mine MRT -- either via mining hardware or via growth rewards -- you need an invite. Enjoy checking it out. As invite code feel free to use nice and make a post in this thread (or send me a PM), in which you include your username as well as explain in one sentence why you would like to join. Then simply wait for your account to get unlocked. Happy mining!
What kind of Joke is this coin?
Let's talk about some points it have in the description:
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Invite-Only - Promotes a healthy community by requiring each new user be invited and screened by an existing user.
If the coin is not for all, then please don't spread the word about it and play with your friends monopoly
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Cancellable Transactions - The ability for the sender of a transaction to cancel it after it has been sent, but before it has been accepted.
This is worst than the double spend, and this feature shouldn't exist because will be used to scam. Just stop to think why bitcoin doesn't allow it.
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Decentralized Vaults - A blockchain-based vault that enables users to protect their assets through whitlelists, rate-limits, and additional forms of authentication.
This is the most centralized coin i have seen in my life, so, don't use the 'Decentralized' word to confuse users please.
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Proof-of-Growth - Mining nodes achieve consensus in each block by agreeing on a fixed number of ambassadors that have grown the network with active users.
Two words: centralized & monopoly... Since you have the biggest amount of coins mining will be easy for the dev team and hard for the simple humans... i see it coming.
This coin is an abuse, smart guys behind it, too bad they only think in themselves
Why on earth are you dredging up a month old thread to post these nonsense remarks. The cancel-able transactions are a great feature and similar to paypal. You can still send in the traditional manner where once its sent, its gone. but there is also a feature to send the payment via a link that the person has to accept. In this case you can cancel before they accept it. Not even close to double spend. They said the vaults are decentralized, no one said the coin is. Furthermore its like you don't even know the definition of monopoly
