Topic: Blowing the lid off the CryptoNote/Bytecoin scam (with the exception of Monero) - page 20. (Read 132857 times)

Told you they were back!

That post is so cringeworthy...

Especially the parts about Come-from-Above.

Oh hi Bytecoin scammer.

The Monero XMR Scam Uncovered

https://bitcointalksearch.org/topic/unveiling-the-truth-over-the-major-monero-scam-755840

Monero's activity is artificial
Monero's trade volumes are artificial
Monero's developers are not capable of developing the coin

XMR fans cannot make any significant updates/improvements to the protocol and are doomed to stick to PR hype only while helping the botnets profit.

Yes many times. Here is one.

At the time we didn't even know what we know now about the blockchain, whitepapers, etc. being faked.

BTW, they also deliberately crippled the miner and then launched a half dozen to a dozen shill clone coins (including your favorite Quazarcoin) allowing them to mine a lot of coins on each and every one using their un-crippled miner at very little cost. (No the "fast" miner trumpeted by the developer of QCN at launch was nothing of the sort. It was a bit faster than the public miner but at least an order of magnitude or two slower than the real miner.)

They claimed that Bytecoin was being mined for two years and used by people on the 'darknet'. Which has been shown to be complete bullshit.

Did they claim there was a lower premine? If so prove it to me.

It's my understanding that the CryptoNote developers and Bytecoin developers were the same people, though maybe now they formed separate groups.

Do you realize what you're saying here?

You go out of your way to expose villains that lie about a premine in their altcoin. Yet you claim that the Bytecoin developers are not villians despite lying about an 82% premine.

Lrn2sarcasm plx

You do realise that the CryptoNote developers did all the work, right? Which is why the original Bytecoin source says "Copyright the CryptoNote developers". More recently they changed the license and the copyright, but that doesn't change the fact that the Bytecoin developers just slapped a name on the CryptoNote developer's hard work, ghostmined 82%, and then tried to sell it as a fait accompli. There's even a thread on the CryptoNote forum somewhere where they mention the recent (at that stage) rift between themselves and the Bytecoin developers, I would imagine solely because the Bytecoin developers did nothing more than "copy, change some variables, make up a bitcointalk page (with their lies) and launch the coin".

Oh really? The developer says that the premine is 1.5%, and I tell the miners it's really 18% and I'm being disrespectful? You make me laugh. And for your information these "developers" hadn't spent hardly any time on these coins. Copy, change some variables, make up a bitcointalk page (with their lies) and launch the coin.

Quazarcoin was even called MONERO before it was renamed to quazar, just to piss us off, so much for productivity.

Well that's really disrespectful to the developers that made those clones. You didn't even acknowledge all the effort and hard work they put into it. How dare you, sir!

/hypocrisy

No, I'm not new. I know that the Cryptocoin development is full of scams. In fact, I've single handedly destroyed a number of  bitcoin clone coins simply by looking at the source code and and revealing to the miners that the developer was being dishonest about the coin.
 

You must be new around here.

You'll find that we have a very low tolerance for scams, even the ones that have a lot of work put into them. In fact, the best scams normally have tremendous effort put in making them appear legit, and when those with even a modicum of technical skill uncover the truth they show no mercy. That in and of itself does not denigrate or reduce the effort the scammers have put in to their elaborate scam, and I noticed the OP indicated the technical merits of the CryptoNote project.

I'd also like to point out that the Monero core team do not go around "attacking other coins", although we are all known in the cryptocurrency community and will definitely engage in vigorous debate and / or correct false or twisted information. We are all our own persons and entitled to be as opinionated or neutral as we wish, and unless someone has a factual disagreement with our opinion, it is merely us participating in an open and opinionated debate.

Hard work? I doubt that the original poster put in 1/1000th the amount of work that the Bytecoin developers put in. Software development is a lot of work. I probably should have been nicer to the original poster in my comment, but was somewhat peeved by his attitude. I am not a Bytecoin developer, but still the word ungrateful screams to me. Ungrateful for the work they have done in the past and ungrateful for the work they continue to do. As to the accusations, sorry but I don't believe everything I read on the Internet.

I'm not saying any more.

Yes I'm well aware that the coins use largely the same API. I also complemented your effort in working on a learning project.


If I've commented about Quazarcoin at all, it was giving what I believe to be correct information, not trashtalking. For example, someone on there asked a little while ago if the changes pushed by the Quazarcoin developer during his most recent short appearance were the same as the changes from the cyptonotecoin repo, and I indicated that they were. I may have also pointed out that there isn't any actual development going on there, only caretaking (I think in response to a question). For example in the form of merging changes from cryptonotecoin without explaining their origin, leaving the impression that actual original development was being done. If that kind of accurate information is trashtalking to you, then so be it. More likely it is the reality that makes you uncomfortable, and you blame me for pointing it out to you (ignorance is bliss).

I'm responding to you here because I happen to think you are way off base attacking the original poster who did a ton of hard work to uncover and document a rather sophisticated fraud effort.

I still don't see any of this as trash talking, but to each his own I guess.

So now I'm wasting my time? I was under the impression that you are a developer, but I guess I was wrong. Don't you realize that if I develop a HTML wallet for Quazarcoin, that the same wallet could be used , with minor modifications, on other cryptonote coins as well? The API is the same.

I think you are the same person who goes to the Quazarcoin threads and trashtalks Quazarcoin. Honestly, I like the developer. When the likes of you come and starts trashtalking, he tries to make peace and advises the posters not to fight. I don't know how good of a developer he is, but definitely like him as a person. He has the right idea.

If you think that trashtalking other coins is going to help Monero, think again. To me it's just low and makes me not want to associate with Monero. But I'm not going to judge a whole community based on my negative experience with some and say that all the Monero people are like that.

You have strange definitions if you think people lying, forging documents, operating as shills, and and other disreputable methods "aren't saints. But they aren't villains either" I guess it comes down to a matter of opinion but I view people who try to commit that kind of fraud on the community as being villains.

Yes the technology is good. As open source, the world is free to use as we see fit, and they deserve to be respected for the technology and the open source release, although I really don't believe their goals were noble at all. I think they just felt that it gave their secretly 82%-premined coin a better chance to make them rich. A closed source coin would likely go nowhere (a few have tried).

Use as we see fit includes creating new coins that have nothing to do with their underhanded schemes/scams.

If you really want to work on a "learning experience" I'd suggest you do just that and stop wasting your time with "Quazarcoin" which hasn't really added anything to this process at all.

BTW, you don't really know the Bytecoin promoters are the ones who developed the Cryptonote technology (unless you know more than you are letting on). Maybe they bought it or something?


I guess different people can read different things out of the post. I read more about what they did than who they are. But then since I was there paying close attention (and pointing out a few contradictions) when they were trying to pull off the scam, I may have had more interest in that part of it.

What I do know is that there is much baloney being spread around, so I don't take much of what people say very seriously.

These things I know are real: I know that the Bytecoin developers are the ones who developed Cryptonote coins. I am a software developer myself, and I know that this technology didn't appear overnight; it must have taken them years to develop it.

While they were developing and perfecting it, they mined a lot of coins, most of the Bytecoins that will ever be circulated. They could have just thrown all their old coins out and started with a new blockchain when the coin was released, so they aren't saints. But they are not villains either, they gave the world a new cryptocoin technology, better than bitcoin in several ways.

If the Bytecoin developers were selfish they would have patented the technology, so that no one else could use it, but they didn't do that. Instead, they released it as free-software so that others can use it to create their own coins and build on it.

The original poster seemed to be concerned that the Bytecoin developers aren't well known. Personally, I don't give a rat's ass whether they are known or not. The fact is they did something good.