price :/
Yes, the price is down .Dev's premine.Same Scam like MultiCoin.Big time.
Topic: ☀ANN☀【MWC】 MultiWalletCoin ◈ X11 POW◈POS ◈ Bittrex listed! ◈ Road map published! - page 27. (Read 58500 times)
August 08, 2014, 11:58:23 AM
Same Scam like MultiCoin.Big time.
August 08, 2014, 11:57:01 AM
price :/
a ton of coins just constantly being dumped, makes me think something is wrong. hidden premine, something. 2 many coinsd just connstantly being dumped so much under mining profitability, and its obviously not going to stop until we find out whats up
August 08, 2014, 11:56:13 AM
I'm buying at 250 sat anybody selling
August 08, 2014, 11:52:11 AM
price :/
August 08, 2014, 09:09:03 AM
What does that mean please ? I know nothing about code.
Pretty much every coin has a max block size of 1,000,000. The size of the block rewards are defined elsewhere in the code, and from what I've seen, they match up to what the dev says they are. The max money variable is the total number of coins that can ever be generated by POW and POS combined.
you are welcome!
Always willing to share that little knowledge I've got 
August 08, 2014, 08:50:23 AM
Pretty much every coin has a max block size of 1,000,000. The size of the block rewards are defined elsewhere in the code, and from what I've seen, they match up to what the dev says they are. The max money variable is the total number of coins that can ever be generated by POW and POS combined.
August 08, 2014, 08:33:03 AM
Dev - is the beta wallet still on target for Sunday? Are you testing on your own?
Yes, I still plan to release beta wallet on Sunday. I will also update github source code shortly after
thanks dev
August 08, 2014, 08:28:54 AM
why people selling cheap while mining diff so high
August 08, 2014, 08:28:39 AM
Dev - is the beta wallet still on target for Sunday? Are you testing on your own?
Yes, I still plan to release beta wallet on Sunday. I will also update github source code shortly after
August 08, 2014, 08:18:12 AM
Dev - is the beta wallet still on target for Sunday? Are you testing on your own?
August 08, 2014, 08:12:16 AM
No dev response? I messaged him earlier to explain.. He was just online.
I'm indeed online and I can see that the concern with max_money have already been sorted out by previous posters
Do you still have any questions regarding that matter? I have nothing to add really.
Okay sorry for being harsh, I guess we're the noobs
nah, I'm ok
I am glad people are interested in MultiWalletCoin and spend their time reviewing the code. August 08, 2014, 08:04:20 AM
No dev response? I messaged him earlier to explain.. He was just online.
I'm indeed online and I can see that the concern with max_money have already been sorted out by previous posters
Do you still have any questions regarding that matter? I have nothing to add really.
Okay sorry for being harsh, I guess we're the noobs
August 08, 2014, 08:02:47 AM
No dev response? I messaged him earlier to explain.. He was just online.
I'm indeed online and I can see that the concern with max_money have already been sorted out by previous posters
Do you still have any questions regarding that matter? I have nothing to add really.
August 08, 2014, 08:01:52 AM
August 08, 2014, 07:59:57 AM
Perhaps dev has no clue what he's doing?
August 08, 2014, 07:56:13 AM
No dev response? I messaged him earlier to explain.. He was just online.
August 08, 2014, 07:49:04 AM
What does that mean please ? I know nothing about code.
it means that there's 201 mil coins TOTAL. Not POW coins, but POW/POS coins TOTAL. Why is that an issue? It could be any number. With current staking rate these 201 mil coins will be generated in 10 years or so
August 08, 2014, 07:47:50 AM
Pretty much every coin has a max block size of 1,000,000. The size of the block rewards are defined elsewhere in the code, and from what I've seen, they match up to what the dev says they are. The max money variable is the total number of coins that can ever be generated by POW and POS combined.
August 08, 2014, 07:45:49 AM
has anyone reviewed the code to make sure everything looks ok? these dumps at these prices scare me
I'm not a programmer, but I have learned to look for red flags in a Github, and I see a few here.
- Only 1 commit. That means he basically posted his forked code and didn't do anything since then. So far basically for all we know he copy pasted the coin until we see more code.
- There is a Zerocoin library folder in the Github. We have seen literally dozens of scamcoins this year with that library in there. At best it is unnecessary, at worst it is the calling card of many many scam coins. Every time I see that, especially with an unknown dev who promises new tech, I'm immediately hesitant.
- The whole multiwallet concept to me makes no sense. I think what he's describing is a low tech solution similar to stealth addresses. But in this case you don't have an unlimited number of alternative addresses, you have 10,000. It just seems odd.
Overall I would be hesitant to invest in this coin unless we saw more code.
I wouldn't be concerned about the 1 commit. He forked another coin, edited the parameters, then uploaded it to github. That's pretty standard until the dev needs to make an update.
The presence of the Zerocoin library doesn't bother me either. It was probably in whatever coin he forked, no big deal.
Here's the pros and cons that I've seen:
PROS:
-Dev has been fairly active in the thread. This is a good sign but there have been other scam devs that have been active until their dump, then disappeared.
-I looked at the code and everything appears to match up to what the dev says (premine amount, number of POW blocks, etc.). If there is a scam in the code, it's not obvious.
-Small premine, assuming no hidden premine or other scammy code. Dev has been paying bounties and is offering more for further development.
CONS/REDFLAGS:
-Launch is almost identical to most recent scamcoins (X11, promise of some new anonymity feature that doesn't yet exist)
-Layout of OP and images used appear very similar to ConcealCoin OP
August 08, 2014, 07:44:32 AM
Jump to: