Topic: [ANN] ParallelCoin - DUO - SHA256 + Scrypt | Community Takeover - page 7. (Read 61171 times)

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Too many red flags in this discord thingie from me to allow it on my systems. I am probably paranoid to a certain degree but still the benefits of joining discord do not outweigh the risks I see in this platform and sincerely hope just following only here will allow me to be kept in the loop so to say.

I object to Grant Thornton not distributing the DUO back to the rightful holders. Do you think lawyers are not going to just dump them on the market and line their pockets? None of the DUO disappeared in the hack, it's just that NOBODY will get a peep out of judgey-poo who isn't in the lawyer club. But I have to say that it looks like virtually nobody is interested in making a claim anyway.

I personally don't support blacklisting yobit, i think everyone knows well enough by now they likely won't upgrade and will try to rip off the users with it in their accounts, which is the justification for doing that.

The thing with cryptopia is that I'm pretty sure NZ cops seized everything and cryptopia never had the option to distribute unaffected tokens back to users. Then some assholes who were supposed to be keeping a backup ransomed the user list.

The situation is extreme. We have the ability to block them and for the holders of DUO, not having 118,000 duo get dumped on the market unceremoniously would be a good thing.

I don't think yobit really presents that much of a threat. I am writing blocklist code anyway for cryptopia, whether we add yobit cold wallets depends on whether the member of the team promoting this action can get adequate data to conclusively be certain their cold wallets are frozen.

Dear Psychodad,
Thank you for your feedback. DUO is not the first project to refund community members after the cryptopia Ordeal; other coins have done the same. (I am personally involved in one of them, Nativecoin). Moreover, the DUO team has only implemented this procedure after it passed voting on our discord channel (we have a voting channel to discuss such matters).
As a DUO community member, please feel free to join us on https://discord.gg/sW8WPkP to have your voice heard on future developments.
Thank you for being a supporter of DUO and have a nice day!

This looks like a very slippery road to me.
I lost a lot in Cryptopias hack, but I'd never expect the coins affected to hard fork to refund my losses and I think that's a very dangerous avenue to take and setting a questionnable precedent.

As a holder and miner of DUO I sincerely object these plans as it proves that this blockchain is NOT an immutable ledger.

Dear Parallelcoin community,
As you may remember, On the 24th of June 2019 the team issued an announcement to comfort the community that we will be taking measures to try to return some lost coins on cryptopia to their rightful owners and urged you to wait for further announcements on the details.
The team is glad to inform you now that we will be opening the doors for claims to lost coins on cryptopia. 
...

I want to add that Altilly is also full legit exchange by my way of looking at exchanges matter. They are also a fully registered company with a variety of services in the field of cryptocoins. Funny thing is that they are the same as NOVA from Sweden. As I said they fulfill all my standards for legit exchange and they even have photos of people in charge.

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Those were my good thoughts about NOVA and Altilly. Lets now look at the bad side.

Cryptsy was legit, Cryptopia was legit.... but they all have the same issue which these those two from Sweeden also have. They try to list as many coins as their capacity is but I can bet they don't count "a full source code review" from experts in term of their capacity. The full code review is not something you can perform in 10 minutes. There are really a lot of coins which are basically dead. No devs for months, as I see mostly POS coins survived as nobody needs to mine them. So beside of intention of those exchanges to get more users by listing all possible coins, I see no other purpose as people even don't trade them.
My point is to learn from others and from the past and not to let the same mistakes happened again.
We are witnessing what is currently happening, "shitcoins" are dying slowly but surely. All clones without true purpose and usability will probably vanish from serious exchanges and there will be left only true projects with honest people behind. Ok, not all are honest but you got my point. I know some will be traded still after that on scam exchanges as yobit and similar, but if we want to be serious we should never even look on that side.
To summarise, my message to all exchanges is STOP listing or adding coins for which you did not make a full source code review and do research regarding a project itself.