YOU KNOW THIS IS A SCAM, YES?
There are some obvious signs, like:
No source code (and unrealistic code ambitions)
No escrow
and...this is taken from the white paper at: https://exscudo.com/EON%20Whitepaper.pdf
quote:
"Besides, in the face of the blockchain’s growing volume problem (scalability), our blockchain must not become enormous. This will enhance the possibilities of maintenance of the decentralized network. Moreover, the rush for the right to sign a block must not be hardware-dependent. It should fit the model and logic of the network in a much deeper manner. EON solves all these tasks. The transaction is flexible and fast (1333 transactions per minute)1 . We can make the blockchain ‘collapse onto itself’ an infinite number of times without losing the integrity of the network. This is an unrivalled innovative solution that allows us to keep the size of the operational blockchain limited."
A few comments:
They obviously do not know what scalability means and equates that to blockchain bloat. They talk about maintenance of the decentralised network. What does that mean? The transaction is flexible and fast! What?? They can make the blockchain 'collapse onto itself' an infinite number of time....blah blah etc.
So, without having shown any maths, no code and not even a conceptual design or outline for the fantastic claim to COLLAPSE THE BLOCKCHAIN onto itself, not once or twice, but an INFINITE number of times, they want your BTC!!!!
Do you really believe this? Show us the maths and code for this claim.
Oh, and, the debit cards again, MASSIVE red flag
There are some obvious signs, like:
No source code (and unrealistic code ambitions)
No escrow
and...this is taken from the white paper at: https://exscudo.com/EON%20Whitepaper.pdf
quote:
"Besides, in the face of the blockchain’s growing volume problem (scalability), our blockchain must not become enormous. This will enhance the possibilities of maintenance of the decentralized network. Moreover, the rush for the right to sign a block must not be hardware-dependent. It should fit the model and logic of the network in a much deeper manner. EON solves all these tasks. The transaction is flexible and fast (1333 transactions per minute)1 . We can make the blockchain ‘collapse onto itself’ an infinite number of times without losing the integrity of the network. This is an unrivalled innovative solution that allows us to keep the size of the operational blockchain limited."
A few comments:
They obviously do not know what scalability means and equates that to blockchain bloat. They talk about maintenance of the decentralised network. What does that mean? The transaction is flexible and fast! What?? They can make the blockchain 'collapse onto itself' an infinite number of time....blah blah etc.
So, without having shown any maths, no code and not even a conceptual design or outline for the fantastic claim to COLLAPSE THE BLOCKCHAIN onto itself, not once or twice, but an INFINITE number of times, they want your BTC!!!!
Do you really believe this? Show us the maths and code for this claim.
Oh, and, the debit cards again, MASSIVE red flag
good points in there. the debit cards is one of the biggest question marks on this. Opair tried that last year - and look where it is
You are right, very suspicious, no escrow, but the team is strong according to their website, I prefer believing they are legitimate one, otherwise many ppl will lose and cry.
yeah, investors should be cautious, waiting for response from the dev team
