The Erotica project started on March 10, 2019, 11:14:48 PM (its ANN topic publishing day),
thereArchives:- Website:
https://archive.fo/72q7F- ANN topic:
https://archive.fo/S8rTBWhy I open scam accusation on this one?
(1) Hidden preminedThe part for specifications of coin presented on its website does not mention anything about premined coins as well as in the ANN topic.
So, what I found when looking at Erotica explorer?
Typing 1, then I got:
http://95.179.206.24:3099/block/0000054c7355079efbcbd4b0d48d0c33ff8ada74ea334792233b89858b141c7069k coins in hidden premined.
Those coins equal to 1% of total supply (69k / 6.9 mil)
(2) Incorrect block rewards presented.The coin specifications show 6.9 ZTA per block, but it is incorrect number.
I spent minutes to check out, and found:
- For block from #2 to #601: only 2 ZTA coins per block
http://95.179.206.24:3099/block/0b310be31812c5bb3efb4fb3e99a8ac819c132d4f735f54651579278a5b9828b- From block #602 till now: 6.9 ZTA coins per block
http://95.179.206.24:3099/block/c8e13940741752e9ff229aa0891d7f6264b0818f29fd49607e6c88e97cf3d35bIf there is instamine mechanisism implemented, it should be mentioned transparently.
(3) There is no whitepaper at beginning, or even 4 days after launchedIt is a serious issue, and risky because it's hard to see sucessful project that launched without Whitepaper.
(4) There is no transparent usages of premined coins.Maybe due to they thought that no one found those premined coins (69k)
From all four reasons, I opened the scam accusation on Erotica.