As someone who has been closely following the anoncoin implementation of Zerocoin (see https://wiki.anoncoin.net/Anoncoin_Wiki), it appears that this project is not legit.
1. The developers here do not seem to understand the difference between Zerocash and Zerocoin.
2. The developers have not described if their implementation will depend on trusted third parties or not.
3. If the implementation is trustless, how did they generate the RSA UFO? What is the bit length? Did they attempt to factor it?
4. What exactly is the proof-of-work algorithm?
5. If you are using proof of work, then why do you also say that you are using proof of stake?
There are so many questions, and no answers.
Beware
SCAM.
1. The developers here do not seem to understand the difference between Zerocash and Zerocoin.
2. The developers have not described if their implementation will depend on trusted third parties or not.
3. If the implementation is trustless, how did they generate the RSA UFO? What is the bit length? Did they attempt to factor it?
4. What exactly is the proof-of-work algorithm?
5. If you are using proof of work, then why do you also say that you are using proof of stake?
There are so many questions, and no answers.
Beware
SCAM.
https://twitter.com/AnoncoinTeam/status/494214843134517248
Avoid this premined coin! https://bitcointalksearch.org/topic/annrebranding-in-progress-700558 … from a newbie account not affiliated with @ZerocoinProject or @AnoncoinProject.
the .001btc/zero price (presale price for half of the premined coins) implies a valuation of 3,000 btc (3 million total coins * .001btc) which is ridiculous for a newbie account and no other information.
The valuation of Anoncoin is much less than this and has top notch developers who have already introduced many innovative features and have been working on Zerocoin implementation for many months
Avoid this premined coin! https://bitcointalksearch.org/topic/annrebranding-in-progress-700558 … from a newbie account not affiliated with @ZerocoinProject or @AnoncoinProject.
the .001btc/zero price (presale price for half of the premined coins) implies a valuation of 3,000 btc (3 million total coins * .001btc) which is ridiculous for a newbie account and no other information.
The valuation of Anoncoin is much less than this and has top notch developers who have already introduced many innovative features and have been working on Zerocoin implementation for many months
GJ Guys! Another scamcoin busted.
