Rofl.. you made a clone of Helix coin, without bothering to bring across the SHA-3 algorithm? And who deliberately makes a clone of a known scamcoin, without any effort to try and be different or at the very least assure people that this isn't also a scam coin? Are you dense? Let's give you the benefit of the doubt and say you're not the dev of Helixcoin just trying to produce another scam: where do you get the bright idea of ripping off a scamcoin word for word?
This scam is so blatant it hurts, lmao. Anyone who falls for this deserves to lose their money.
And btw, I didn't lose out with Helixcoin. I mined for about 2 hours right at launch and then stopped. No loss to me, but I do have a bunch of helix coins that will never be worth anything.
I "ripped off" helixcoin because I had the idea of making that a while ago but never got around to it. When I finally had enough knowledge to make a coin it was already made. When I was writing up the ANN, helixcoin was not yet a scam and was doing OK.
I didn't bring over SHA-3 because I needed to keep things as simple as possible. Reason for this is because I previously used two different coins as a source and had issues with compiling Windows binaries. I decided to use litecoin since that was plain old scrypt with no special modifications, and already had a detailed procedure for cross compilation.
I'm not sure who's losing money here, aside from the electricity used to mine it, which isn't much given the current difficulty of the network. The coin isn't on any exchanges, there aren't any services available, and no "investing" happening. I never had hopes of this taking off to the moon, so there really isn't any damage happening here as the community can decide how much they want to adopt the coin.
I do have plans to create a coin with a new feature, which I believe will be innovative. Of course this will be pre-announced, more testing will be done, much less premine (if that will even be possible *hint*), and much more work will be put into that.
This coin will be maintained as long as the network continues to survive, I have no intentions on abandoning it until my two nodes are the only ones left on the network, which is currently not the case:
Side note: 5000 blocks, well shit.