Author

Topic: Electronero And The Forks of Today (Read 100 times)

hero member
Activity: 798
Merit: 503
June 14, 2018, 12:12:26 AM
#5
I may not have much say here but I think it is fairly easy to assume that forks and coin rip-offs are a concern in the crypto community.

Firstly-  A fork that gives coins for free because you owned the original coins doesn't make sense.   If you believed in the new coin shouldn't you sell the original to buy the new? Or maybe a trade option to trade original coins for the new fork?

Greed.  Free money?  That is what they want but No.  Free Money doesn't exist, instead it takes from others in some way or another. I was banned from the Electronero telegram and twitter.  I used no profanities and no baseless insults which has been prevalant in Electroneum itself but tolerated because the proof is in the pudding. The Electronero WP did nothing but bash the Electroneum devs.   What stuns me is they obviously want to benefit from them.  Otherwise they would just bounce off the Monero code and make their own coin. Electroneum is less then a year old so a fork like that is ridiculous.   Electroneum was the only ICO I believed in and have had no problems with them.  In fact the mobile miner has attracted over 150k miners at ONE time.  The mass adoption goal is being accomplished so Electronero cannot claim that is their goal if they just try to steal the already large user base of Electroneum.   Create your own adoption instead of trying to convert others. The heart of this also includes Bcash.  At least Bcash didn't try to fork BitCoin 8 months after development.  If I am not allowed to try to get more perspective from the Electronero Devs instead of an instant ban for asking a question then this is a bad coin.  So, every owner of Electroneum that happened to do the things necessary to recieve these ETNX coins take a look at things. The ETNX team is just milking what Electroneum already did with a roadmap that says "1st anniversary suprise".  That is the road map guys. A suprise, meaning we will all be suprised if these coins sell for more than .00000001 Doge.  Meanwhile taking advantage of the newbies to crypto as ETN has attracted many to this new financial system.

Rant Over.

The "fork" option for coins has given most developers just an avenue to create unlimited number of their coins without the original getting to the end of its potential. I am surprised when I see a coin launched less than six months and people are already talking about coin forgetting what even happened before the first popular fork happened last year and the surrounding circumstances to that effect. What this led to is outright polarising of the ecosystem defeating the key characteristics of limited supply.
jr. member
Activity: 330
Merit: 1
June 13, 2018, 11:47:23 PM
#4
They were bashing the devs of ETN but after launching their coin it appears that they were much worse. Read more info here: https://etnx.leafpool.com/

Quote
Meanwhile taking advantage of the newbies to crypto as ETN has attracted many to this new financial system.
Exactly
newbie
Activity: 9
Merit: 0
May 30, 2018, 09:28:42 PM
#3
Why?  That is making new coins.  Those who hate a pre-mine should be against instant coins. Just because you have coins on one chain doesn't mean you are entitled to another chain.  You believe in that chain? GREAT!! Sell or trade the old ones for the new. Or change up what you are mining. EDIT: I see the problem since the chains share the same history.... i believe unless there is a consensus it is just another ALT.  As far as I have seen, the forks share a fraction of the value of the original coins. 
newbie
Activity: 129
Merit: 0
May 30, 2018, 09:10:19 PM
#2
Sometimes when moving to a new smart contract or blockchain you have to reissue coins to all the holders!  There is no way around this, got any alternatives?
newbie
Activity: 9
Merit: 0
May 30, 2018, 08:47:56 PM
#1
I may not have much say here but I think it is fairly easy to assume that forks and coin rip-offs are a concern in the crypto community.

Firstly-  A fork that gives coins for free because you owned the original coins doesn't make sense.   If you believed in the new coin shouldn't you sell the original to buy the new? Or maybe a trade option to trade original coins for the new fork?

Greed.  Free money?  That is what they want but No.  Free Money doesn't exist, instead it takes from others in some way or another. I was banned from the Electronero telegram and twitter.  I used no profanities and no baseless insults which has been prevalant in Electroneum itself but tolerated because the proof is in the pudding. The Electronero WP did nothing but bash the Electroneum devs.   What stuns me is they obviously want to benefit from them.  Otherwise they would just bounce off the Monero code and make their own coin. Electroneum is less then a year old so a fork like that is ridiculous.   Electroneum was the only ICO I believed in and have had no problems with them.  In fact the mobile miner has attracted over 150k miners at ONE time.  The mass adoption goal is being accomplished so Electronero cannot claim that is their goal if they just try to steal the already large user base of Electroneum.   Create your own adoption instead of trying to convert others. The heart of this also includes Bcash.  At least Bcash didn't try to fork BitCoin 8 months after development.  If I am not allowed to try to get more perspective from the Electronero Devs instead of an instant ban for asking a question then this is a bad coin.  So, every owner of Electroneum that happened to do the things necessary to recieve these ETNX coins take a look at things. The ETNX team is just milking what Electroneum already did with a roadmap that says "1st anniversary suprise".  That is the road map guys. A suprise, meaning we will all be suprised if these coins sell for more than .00000001 Doge.  Meanwhile taking advantage of the newbies to crypto as ETN has attracted many to this new financial system.

Rant Over.
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