this coin need exchanger badlym, 3 month without one is weird
It's been highly centralized by the creator since inception, it wasn't open source for the first 2 months. Even now the full source isn't available, for instance for the wallet binaries. I think the linux wallet still has some RPC issues too? Not sure, got banned from his forums for asking these types of questions haha. Exchanges aren't too keen on centralized coins.
IMO this coin is a mining exploit, the dev has had an optimized/GPU miner from the get go, and I myself identified a PoW bug that allowed me to generate guaranteed blocks during the "solo" period that promised me 5-6 blocks per hour on each wallet, using the built in wallet CPU miner (unoptimized). This exploit existed for weeks on end, and then was patched out in late January. There were also several periods where the block time was literally 1/10th what it should be, sustained, for hours on end - suspiciously this happened after short-notice "mandatory updates" where the network peers dropped significantly. He claimed this was "normal" and the network adjusting - but as it was, by 2 months in, we had generated 4x the amount of coins that should've been generated by that time - so clearly it wasn't "normal". There were also at least 20 times, no joke, 20 times, that he issued a "mandatory update" where we had to move to a new wallet version (still fully closed source at the time) to continue mining. During this time he was manually adjusting PoW and PoS constraints, turning on/off PoW at various times. He also insists the coin has never hard forked. So figure that one out.
Be verrrrry careful with this one. Tons of dumps coming when an exchange does open. Make your money and get out, IMO.
+10000
you took the words right out of my mouth
i also mining from the start ...with 20+ update and alway on a wrong chain..
I rarely forked to a bad chain, and if I did I just found the answer to my problems on the forum. Maybe your just not good at this?
Also you guys forget that this started out as an alpha software, it had bugs for sure. John has proven that he proven the ability to code, he did a coin from scratch with a lot of work put into it and some nice features to be able and limit people gaming the system. Some may have done it for sure, but all I know is that I could solo mine with a 6 core amd cpu and I can not say this for the other 99% of the coins launched in the past year or so.
The reason you guys are crying is either that you were kicked out of the network by the concensus system implemented or you simply didn't follow the forums on a daily basis (I've refreshed it like 15x every day to find fixes/updates/whatever). Satoshi solomined BTC for ages, obviously John solo mined it from start.
Everything in crypto can end as a scam with mostly anon devs, but atleast this needed a good amount of coding, ill take my chances.
