I came up with the idea for this type of coin system back in 2011:
https://bitcointalksearch.org/topic/m.633012I have been testing the community to see how well they can handle "frustration" / "dislikes" / "annoyances" and such ! LOL. (Which were really ideas, critisicm and tech talk)
I took only a few weeks for some asshole called 500 Francs Pascal to ban me from their discord chat !
=D
(He has also proven to be untrust worthy.. He was supposed to pay me 100 pascalcoins for PascalCoinChart (which I developed in one day haha thanks to the power of Delphi) he did pay me 1 pascal coin though.
His account is 3516-16 and should be banned for scamming and being a fokking chat-nazi !)
It won't take long before they will ban my PascalCoin account just for fun !
=D
I will certainly do the same to 500 Francs Pascal and ban his account in special developed software !
Point is:
This "bank-like-approach" idea of mine back in 2011 was NAIVE.
I'm glad that I did not invest any of my time into it (by developing it myself... didn't know quite how to anyway
).
Also Australian banks close bank accounts used to transfer money to bitcoin exchange in a similiar fashion !
https://www.zerohedge.com/news/2017-12-30/australian-banks-reportedly-freeze-accounts-bitcoin-usersAlso one last word of caution in the past I received an e-mail from somebody that wanted to buy my bitcointalk forum account.
At the time I did not understand why somebody would want to do that ?
It may have been to delete any evidence that I came up with this idea and not Albert Molina... this may shed doubts on him and his intentions.
Also this coin system may have had a missing miner at start... It was not in the wallet software... the miner itself was external software and kept secret ?!
(As soon as I mentioned this on chat I was banned !)
Check github system and check for yourself ! If you can show me a nice integrated or even external software present on the github ! Let me know ! So far nothing.
Perhaps it was somewhere else on sourceforge... but I don't think so... but I could be wrong !
I will hold on to PascalCoin for now... but at some point when it reaches a nice price per coin figure I will dump it faster than you can see "MIEP MIEP ZOEEEEFFF".
This coin system has no future ! The risk of getting accounts banned is to great.
Tracing coins from account to account is too easy.
It has no mixing service and probably never will... too few accounts for that... A big pain in this system idea.
I had high hopes for this system... but now having experienced this ban on the chat... it's a scarey idea that the "community" could vote to "ban my accounts" cause I'm such a "troll" or "spammer"... Just talking about "tech" and "ideas" is considered "flooding/spam" by this 500 Francs Pascal idiot who knows nothing about tech and doesn't care.
Here are two nice little screenshots for you guys:
And another one:
Investing in this coin is a major mistake long term !
There is also talk of "punishing" nanopool for obtaining all the coins ! LOL... by changing hash algo.
How long before they simply ban nanopool account ?
Assuming changing to cpu miner algorithm fails !
Nanopool take my word of advise: DUMP YOUR PASCAL COINS WHILE YOU STILL CAN IF YOU NOT ALREADY DOING SO !
=D