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Topic: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! - page 48. (Read 639542 times)

member
Activity: 490
Merit: 14
linux only miners(Of which he himself was one)


Linux is free, freely available and relatively use to use.

If you claim this to be an issue, then for you its use is only prevented by evolutionary disadvantage.

Over 90% of all people that own a computer use Windows, not the still relatively unpopular Linux. Please go and learn logic, then come back to me.

legendary
Activity: 2968
Merit: 1198
there could have been just a few people mining all of Moneros first 1m-2m coins and the crippled code

For the last time, that is not the case. There was a lot of trading going on and posts about mining by many known people in the community. There is zero chance that "just a few people" were mining all of the coins ever, even the first 50k coins, much less 1m-2m, and by day 29 when the second part of the fix for the crippled miner went in, only about 700k coins had been mined total. A vanishingly small fraction of those were mined by the original scammer, if any (by that time dga's group was active, for example)

Quote
So if you wish to assert Darkcoin is a scam, you have to also own the scam launch code of Monero.

No, if you want to assert that dash is a scam, then you provide evidence for dash being a scam (e.g. instamine), which has been done time and time again. When it comes to the question of the dash instamine scam, talking about Monero is irrelevant misdirection and obfuscation (and lashing out).

Please stop spamming your off-topic whining about the Monero mining code on the coinmarketcap thread unless you realistically think coinmarketcap is going to start identifying coins with alleged crippled miners. I think there is zero chance of that personally.
member
Activity: 490
Merit: 14

...
 This further leads to the belief that such a poll was rigged or voted on by sockpuppet accounts controlled by the instaminers.


This cuts for Moneor as well.

There was a community vote to continue with the Monero project and not fork, fix, start again.
There was a community vote to not reduce the high initial emissions, that is why Monero now has 7m coins in 12 months, and DASH has 5m in 14months.

Using your inflammatory logic, there could have been just a few people mining all of Moneros first 1m-2m coins and the crippled code and high initial hash rate could be a handful of people and a mass of socketpuppets giving the impression of a regular community, with the odd person joining in to a 'popular' coin.

So if you wish to assert Darkcoin is a scam, you have to also own the scam launch code of Monero.

Look, if you don't have a clue about any of this, stop.

The poll done by Monero was not done by voting on an obscure(Which can be easily rigged as shown by Dash), it was done by that MEW membership procedure so that things like sockpuppet voting wouldn't happen. You would actually go and +1 or -1 while giving your reasons as to why, all of which I observed while staying relatively low in the cryposcene.

Your twisted logic is highly irrational. As was said a million times before, Monero did not have any of it's core parameters changed, unlike Dash, so in that respect they cannot be compared.

legendary
Activity: 1456
Merit: 1000
You can't use the change as your reference point, because if the community had voted for no change, then 84m supply would be the reference point.

I actually think it is best to use the current supply as a reference point. If the parameters are such that the total supply is created over a billion years then it is irrelevant. The only objective base for comparison is the current supply.

The rest of your post is not relevant to coinmarketcap, just your obsession with trying to drag Monero down to dash's level of instamine scam so take it elsewhere or just shut up already.



If those are the words you choose, then I will indeed shut up, smooth.

Best of luck to you.
legendary
Activity: 1456
Merit: 1000
linux only miners(Of which he himself was one)


Linux is free, freely available and relatively use to use.

If you claim this to be an issue, then for you its use is only prevented by evolutionary disadvantage.
hero member
Activity: 532
Merit: 500
You keep admitting monero had scam code baked in with intent to steal.

I don't know the intent and neither do you so stop making shit up.

As far as I know the intent of the original code appeared to be to fake the bytecoin premine. Whether TFT had any intent to steal or (he or anyone else) did steal via the bitmonero launch I have no idea and, again, neither do you. -snip-

This whole discussion started because the cmc admin asked for evidence of the dash premine, which I provided. -snip-


Previously you have admitted to knowing exactly what the intent was but now you claim to be ignorant of it.  Why?  Let me leave this here to remind you.

Don't forget that Monero was launched with the sole purpose of being a scam.  Original devs only did it for the money.  If the community didn't take it over and find a whale to back it, the coin would be dead right now. 

You are absolutely right. The difference between this coin and that coin is that here, no one took over.
-snip-

Further more, how did you provide evidence of the dash premine?  Dash was never premined.  No coins were mined before the public launch.  How did you prove otherwise?  You are you playing word games.  At the very worst you can argue that it was instamined.  The two are not equal and you know it.  The fact you continue to play these charades further proves you have no honest intent.  You're only goal is to continue to bash dash in a feeble attempt to make mon-troll-ero look better.
legendary
Activity: 2968
Merit: 1198
You can't use the change as your reference point, because if the community had voted for no change, then 84m supply would be the reference point.

I actually think it is best to use the current supply as a reference point. If the parameters are such that the total supply is created over a billion years then it is irrelevant. The only objective base for comparison is the current supply.

The rest of your post is not relevant to coinmarketcap, just your obsession with trying to drag Monero down to dash's level of instamine scam so take it elsewhere or just shut up already.

legendary
Activity: 1456
Merit: 1000

...
 This further leads to the belief that such a poll was rigged or voted on by sockpuppet accounts controlled by the instaminers.


This cuts for Moneor as well.

There was a community vote to continue with the Monero project and not fork, fix, start again.
There was a community vote to not reduce the high initial emissions, that is why Monero now has 7m coins in 12 months, and DASH has 5m in 14months.

Using your inflammatory logic, there could have been just a few people mining all of Moneros first 1m-2m coins and the crippled code and high initial hash rate could be a handful of people and a mass of socketpuppets giving the impression of a regular community, with the odd person joining in to a 'popular' coin.

So if you wish to assert Darkcoin is a scam, you have to also own the scam launch code of Monero.
member
Activity: 490
Merit: 14
From what I gathered:

. Dash/Darkcoin's developer, Evan Duffield, released the coin to the small pool of linux only miners(Of which he himself was one)

. Instamined 2million coins in 2 days

. Change the Block reward from 500 to -100 after the instamine (Instantly making he coins he intamined much rarer & valuable)

. Do a "poll" on an obscure thread about whether to change the 80million max coin supply to 20million (avg)

. The "poll" nonsensically, magically votes in favor of reducing the coin supply by more than 3 fold, to the huge benefit of the early instaminers (Evan Duffield and co)

. Call it a day


member
Activity: 490
Merit: 14
You keep admitting monero had scam code baked in with intent to steal.

I don't know the intent and neither do you so stop making shit up.

As far as I know the intent of the original code appeared to be to fake the bytecoin premine. Whether TFT had any intent to steal or (he or anyone else) did steal via the bitmonero launch I have no idea and, again, neither do you. He seemed to just be in a rush to clone and launch for whatever reason, maybe because someone hired him to do it on a deadline. Just a guess of course, but as good as any. We don't even know if he mined AT ALL.  We do know he didn't mine that much if he even did. So again stop making shit up.

This whole discussion started because the cmc admin asked for evidence of the dash premine, which I provided. Moreover you can clearly see 500k coins mined in an hour and 2m in 30 hours, followed by the supple being cut to 1/4. That is all documented, proven, and admitted. There is no evidence of anything with monero. You are simply lashing out at monero and me out of defensiveness and anger over the dash instamine being called out. It's obvious.

 You can't use the change as your reference point, because if the community had voted for no change, then 84m supply would be the reference point.


So you base your sense of the truth on a 'community poll' done here on Bitcointalk? I hope you realize that creating accounts and having them vote in 2014 literally took seconds.

You're digging yourself into a hole, if a community poll is what you have as 'evidence', then assuming it was rigged is highly probable. After all, Evan Duffield had the 'audacity' to change the block reward from 500 to -100 after the instamine, why not have the audacity to fake the results of an obscure poll on an obscure thread to make sure his Dash coins stay valuable?

Furthermore, there is no reason for the community to have decided to change the max coin supply from roughly 80million to 20million after the instamine had occured. This further leads to the belief that such a poll was rigged or voted on by sockpuppet accounts controlled by the instaminers.

Don't dig yourself into a deep hole Coins101, you've already said enough false statements previously and this just leads to more investigations done on Dash/Darkcoin's fraudelent instamine.


legendary
Activity: 1456
Merit: 1000
You keep admitting monero had scam code baked in with intent to steal.

I don't know the intent and neither do you so stop making shit up.

As far as I know the intent of the original code appeared to be to fake the bytecoin premine. Whether TFT had any intent to steal or (he or anyone else) did steal via the bitmonero launch I have no idea and, again, neither do you. He seemed to just be in a rush to clone and launch for whatever reason, maybe because someone hired him to do it on a deadline. Just a guess of course, but as good as any. We don't even know if he mined AT ALL.  We do know he didn't mine that much if he even did. So again stop making shit up.

This whole discussion started because the cmc admin asked for evidence of the dash premine, which I provided. Moreover you can clearly see 500k coins mined in an hour and 2m in 30 hours, followed by the supple being cut to 1/4. That is all documented, proven, and admitted. There is no evidence of anything with monero. You are simply lashing out at monero and me out of defensiveness and anger over the dash instamine being called out. It's obvious.

I have no anger. I invested in Darkcoin from February / March 2014. I read up on it first. I have no quibbles over the initial error.

So lets try to be objective, rather than resorting to inflammatory words.

Darkcoin
* Do some numbers around Darkcoin having 84m maxcoins, which was the intent at launch.
* Tell us what the fast mine is as a percentage of 84m coins, the period until the fix was installed.
* You have already seen my links to the darkcoin community voting for a change of maxcoins, which was way past the initial launch. You can't use the change as your reference point, because if the community had voted for no change, then 84m supply would be the reference point.

Monero
* Tell us your estimate of the coins emitted between launch and when noodledoodle, or whoever, started to fix the crippled miner, or more specifically, when the fix was released to the public (my guess ~1m-1.4m)
* Tell us what your estimate is as a percentage of maxcoins, ~18m
* Give an assessment of how many might have gone into the hands of the few who knew or discovered the crippled mining code.

Lets try and estimate the period in which the two projects had their problem launches resolved. In my estimate, Darkcoin about 48hrs, Monero about 8 weeks.

I don't think a 48hr Darkcoin vs. Monero 48hrs from launch comparison is valid. Launch-to-fix for both coins is the more relevant timeline.
member
Activity: 490
Merit: 14
The false statements being said here by Dash/Darkcoin supporters speaks volumes.

Evan Duffield who is Dash's lead developer changed Dash's block reward from 500 to under 100, changed the max coin supply from 80million to 20million (avg), and did all this after 2million coins were instamined by himself and co on Linux only miners. All of Dash's core features were changed to heavily benefit the instaminers.

Monero at most had a unoptimized miner released by Thankful-for-today who was kicked out of the dev team and that has nothing to do with the current, 7 person, Monero dev team. None of Monero's core features were changed. Quite the polar oppposite to Dash don't ya think?

Again, the two coins cannot be compared. Dash had a illegal scam as Evan Duffield instamining all those coins as sole developer can be likened to the selling of securities(assuming he sold any Dash). If he hasn't sold any of his instamined Dash, then that's even worse as a end-of-everything dump could occur at any moment.

"Looking at this data, we see that Darkcoin was mined with 500 DRK generated per block from the get go. From block 1 to at least block 3250, according to their blockchain, they were still producing 500 coins each block. The transition from 500 to 277 coins per block occurs between 3250 and 3500 but this author did not see the necessity of getting the exact moment of halving. Simple math shows that 3250 blocks multiplied by 500 coins a block is 1,625,000 Darkcoins created between the times of 3:54 and 11:22 on January 19th, 2014. As of today there are around 4,300,000 DRK in existence, making this a pretty hefty instamine. The Darkcoin website expects around 22,000,000 DRK to be created. That means in less than 8 hours, almost 5% of the Darkcoins that ever will be created spawned in that 1/3 of a day. It's safe to say Darkcoin has left it's investors in the dark on this one."

http://www.devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins

That's devtome.com, a site that records the beginnings of cryptocurrencies and their distribution, that's what they had to say about Dash/Darkcoin, here's what they said about Monero:

"There are no instantmines or premines in Monero. The smooth block subsidy scheme could be a little bit more tapered towards a slower distribution than it is, but ultimately this coin passes the smell test."
sr. member
Activity: 392
Merit: 255
Gliss should be impartial, and that means seperating the coins based on what actually happened and in this case, Dash had a premine or at the very least, **Significantly Fastmined**. You've mentioned Monero, but Monero has never had any of it's core parameters changed so Dash and Monero cannot be compared in the slightest.
You are correct. Dash and Monero cannot be compared in the slightest. Dash, as a fork of Litecoin at the time, suffered some issues that were related to the Litecoin code by a programmer new to the code base. It took a day or two to diagnose and fix and much longer to get a working explorer to figure out that so many blocks were created before the difficulty adjusted. There is no proof about the intentions of the developer. Monero on the other hand had code intentionally inserted with no other purpose than to make the built in miner inefficient at launch so that the developer could take advantage. Monero is the only coin being discussed here that was provably and intentionally manipulated by the developer to give themselves an advantage.

Personally, I think this is a very slippery slope. If we start trying to define new categories like "launch issues", "fast-mined" (which most PoS coins would fall into), "insta-mined", or other categories like "dishonest developer" - all categories with very subjective definitions - you'll end up in a slug-fest between competing coins trying to get their competition labeled. Thank you coinmarketcap for deciding to stay above the fray.

So much this...

Here the important word is : INTENTIONALLY, which make no doubt about Monero SCAM. Something intentional was made to give benefice of few over the others.
You got it... while other people are denying:

There was nothing wrong with the history of Monero. It's one of if not the cleanest coins and launches in history.

Just lol..



bump for Smooth.

legendary
Activity: 2968
Merit: 1198
You keep admitting monero had scam code baked in with intent to steal.

I don't know the intent and neither do you so stop making shit up.

As far as I know the intent of the original code appeared to be to fake the bytecoin premine. Whether TFT had any intent to steal or (he or anyone else) did steal via the bitmonero launch I have no idea and, again, neither do you. He seemed to just be in a rush to clone and launch for whatever reason, maybe because someone hired him to do it on a deadline. Just a guess of course, but as good as any. We don't even know if he mined AT ALL.  We do know he didn't mine that much if he even did. So again stop making shit up.

This whole discussion started because the cmc admin asked for evidence of the dash premine, which I provided. Moreover you can clearly see 500k coins mined in an hour and 2m in 30 hours, followed by the supple being cut to 1/4. That is all documented, proven, and admitted. There is no evidence of anything with monero. You are simply lashing out at monero and me out of defensiveness and anger over the dash instamine being called out. It's obvious.
hero member
Activity: 605
Merit: 500

Not you, it's me - I don't know what I meant to put in brackets, but "an hour and a bit" wasn't what I meant:)

In any case it's nonsensical of me to compare block to block, as we have different block times. A better comparison is on the first 48 hours of launch.

The first 5 056 blocks of Dash bring us to the 48 hour mark. This means the average block time for that period was just over 34 seconds, vs. the 2.5 minutes it is today. At the end of the first two days 2 020 652 Dash had been mined. That's 38% of the total Dash in existence today, and 9.18% of all Dash that will ever exist.

The equivalent for Monero is the first 3 037 blocks, which brings us to the 48 hour mark. This means the average block time for that period was just 56.9 seconds, vs. the 60 seconds it is today. At the end of the first two days 53 350 Monero had been mined. That's 0.72% of the total Monero in existence today. As we have infinite tail emission it the actual % it represents tends towards zero, but if we want to take the initial 18 446 744 XMR as a base value (because minimum block reward takes 7.5 years to kick in) then it represents 0.29% of that initial emission.

Thanks for this comparison. It's obvious DASH was fraudulently instamined. Frankly it's unbelievable and insulting that their dev still claims it was an accident.
member
Activity: 490
Merit: 14
The thing that interets me the most is just how is all that false statements Dash trolls are saying, relevant at all to Coinmarketcap?

Dash had a;

. 2million coin instamine in 2 days
. Restricted mining to linux only users
. Block reward manually changed by their developer Evan Duffield from 500 to under 100
. Max coin supply manually changed by their developer, Evan Duffield, from 80million to 20million.

All of the above and more resulted in Evan Duffield and co getting Dash handed to them like water and having the value of those Dash increase exponentially after he changed the block reward and coin supply to make the instamined Dash much rarer.

Monero had a;

. Unoptimized miner


....And that's it

Monero and Dash cannot be compared, as was said before a 1,000 times.

There needs to be a filter for instamined currencies like Dash.
member
Activity: 490
Merit: 14
During the course of whatever this was, Dash's 'supporters' (?) have consistently used false statements.

I don't understand Dash/Darkcoin trolls harping on Monero... Monero has never had it's core features changed, period.

Dash has had all of it's core features changed multiple times.

They cannot be compared. Dash had a 2million coin instamine, Monero did not.

If Monero never had its core features changed, then its still got scam code in there.

Thanks for that clarification.

The scam code was there (now you are saying still is there, which I kind of doubt, but who knows) to give more coins to the people who put the scam code there or to those few who knew it was there and kept quiet about it.

Scam code is a scam. Period.

Why do you Dash trolls resort to false statements?

The only "scamcode" was the unoptimized miner by the Thankful-for-today character and that has nothing to do with the currencies code.. and even that is neglibable as Bitcoin and practically every other currency also had 'unoptimized miners' when users with the skill created their own optimized versions of the public miners. If you don't know what you're talking about, don't type.

Dash had both it's coin supply and block reward tampered with by Evan Duffield after the 2million coin instamine where he manually changed the block reward from 500 to less than 100 and changed the coin supply from 80million to 22million. Therefore, Dash technically had a premine. No such thing happened in Monero, therefore even having Monero in this 'conversation' is irrelevant as the two coins are on opposite ends of the spectrum.



Crosspost
full member
Activity: 219
Merit: 100
Trollero supporters still at it i see. All credibility went out the window.

GG Trollero
legendary
Activity: 1456
Merit: 1000
....snip...
Btw, the guy who rushed ahead with the bitmonero launch was the one we kicked out. Everyone else around, probably including me (I don't remember) was asking him to slow down and do many things differently. He ignored us, which was why he was kicked out.


Do we really have to keep playing this boring game.

You keep admitting monero had scam code baked in with intent to steal. You should have looked at the code, you didn't. There were red flags about the history of the code, you decided to go with the flow. Your choice or not. You could have walked away, for example.

You had the chance to stop, fork, fix and relaunch, but you didn't. So you have to own the scam code in Monero at launch, and for god knows how long after.

Seriously, get over yourself.

Go dev, and stop maintaining this futile war of words.
legendary
Activity: 2968
Merit: 1198
No, you said the Monero scam launch was not just a few coins.

This is what you said:

If you want to express the effect of the deliberately de-optimized miner in terms of the current supply of monero it would be around 2.5x (roughly 1/2.5 of the nominal total coin supply currently exists), so probably <2.5%.

If you want to express the effect of some people optimizing miners better than others, that might be as much as 12.5% or more if you consider that it goes on forever (for every coin, nothing special about Monero).

2.5% - 15%

You are the one who keeps going back and forth between total supply and current supply.

If you are going to use current supply then the Dash instamine is 35%, which is outrageous and larger than most premines that are supposedly important enough to to note on the site.

And as I said earlier there is no proof or even evidence of any kind that anyone benefited from that deliberate crippling, not even dga who made the post about it. If you read what he said by the time he started looking at it, the crippling was already being fixed by NoodleDoodle.

There is no relevance except that you don't like that the monero guys don't like, criticize and document the dash premine, so you come up with any contrived attack you can think of against monero, but it has nothing to do with dash being an instamine, instamined generally, the similarity between instamined and premines or how cmc should display them.

Btw, the guy who rushed ahead with the bitmonero launch was the one we kicked out. Everyone else around, probably including me (I don't remember) was asking him to slow down and do many things differently. He ignored us, which was why he was kicked out.
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