Topic: eMunie the only unique and interesting alt-coin out of all these sh*tcoins - page 3. (Read 3734 times)

this is getting more and more entertaining

You better let Microsoft know this, they could be losing billions.

Damn someone better get out there and explain that to all the worlds top software companies before its too late....

You're an idiot. How many times have you inspected the code base of newly released coins? Virtually everyone here - even those that are more savvy than most - just git clone && make -f src/makefile.whatever (or for those less savvy, they grab the precompiled binaries). Being open source does not automatically indicate that it is safe. Being open source does not mean that the precompiled binaries are not loaded with trojan code. Being closed source does not preclude trust.

Strange, I've developed closed source projects before that required major trust from the user base and those did just fine.  If they hadn't I wouldn't be in a position to do this.

Wrong.
As long as it's closed source it is by no way worth of any trust, hence nobody will use it, hence you will have wasted your time spent coding.
Keeping it closed source will have exactly the effect you think it is preventing instead.

Either you release the sources or don't bother releasing at all: it may or it may not be successful, but as long as it's closed, it's certain it won't be.

It's hard to remember sometimes, when we're caught up in our heads and the forum drama, that there's a real world out there.

Fuserleer, don't sweat it man, you're way out ahead of the field right now.

Nobody who wants to do real business with your product is worried about you making a buck off of it, and most of the clear heads here have seen that some coins in hand up front is a necessity for getting things done.

Same for the open source bit. 

Every time someone comes in this forum and talks about being the first to do something you and your team have done, I have a good laugh about it. Keep it up man.  Every person who ever visited this forum could hate on your coin, it's still going places.

Thought I would chime in over here and clear some of these "issues" up

Closed source

Initially the intention was to throw this out as open source when released, and it still was until recently, but I had a number of concerns.

Firstly, this isn't just a simple BTC rip off, it's a totally new code base, that lends a few BTC ideas and nothing more.  I've spent a lot of time, invested a lot, will continue to invest a lot more, and have a long term plan of where I want this to go.  Putting it out as open source to start with would leave eMunie and that goal open to being undermined by "script kiddies" that just rip it and copy/paste it and throw out their own. 

I do this full time, its an endeavor by myself, funded by myself, I have no additional income at present other than financial investments and live off my rewards of my previous projects.  I'm sure anyone would be pretty pissed if that was the case for them, and some nobody came along and stole all that hard work and your thunder.

Additionally to that, eMunie will not just stop at the currency, a faucet and a gambling site (I'm being coy of course to make a point).  I have in the works a LOT of infrastructure that will spring up around it, to ensure mass adoption and longevity of the project, instead of it just stagnating like BTC and others.  That is going to cost me to set up, and not a small amount either, and any alt's early on could take advantage of this infrastructure and again, reap from our hard work.

For those reasons, eMunie will stay closed for 12 months.  I'm open to individuals obtaining a copy of the source code with full disclosure, an NDA agreement and such, if they want to verify as a 3rd party there is no dishonest code in there, but for now, that is as far as I am willing to go.

Premine

Firstly, anyone that thinks we/I shouldn't be allowed to recoup at least my investment through a pre-allocation is living in a dream world.  I have to eat after-all and as stated above this is a full time project using my own funds.

Past that, the allocation will be there for a number of reasons, to support the infrastructure, giveaways, and hopefully in the future, an eMu will be worth enough that allows the pre-allocation fund future development and services to support it.

Finally, due to the nature of the model we are using, a pre-allocation is needed to buffer any initial inflationary spikes, as this could lead to very early adopters having a huge advantage over everyone else.

eMunie is supposed to be fair, and without that, it would not be.

Consensus

Both the above points have been discussed extensively with the current community supporting eMunie, both of which were shown high agreement when looking at the overall picture.

If you weren't in on the discussions, then maybe you should of been a part of the small community and could of voiced your opinion.  I do not make these decisions, the community does.

dont call it that way, they need eMunie for the working, and would you like your hard work get copyed on day two from start up. give it some time to mature and make it then open source.

and most of all this isnt even an "alt coin" this is totaly new innovation.

uh oh - its started - as i said previously:

"We all start at zero"

Are you trolling or what?

Why would he be failing at logic?

As long as it's closed source it's utterly worthless, and premine certainly doesn't help.

Are you trolling or what?

You fail at logic. Shut up before you really embarrass yourself.

rofl.

Thank's for the explanation.

Yes, another useless shitcoin. Thats us.

What some of you fail to understand is fuserleer is making a currency, not a commodity. Some of you would be more at home with redcoin or what ever the flavor of the day is.

Those of you who believe in alt-currencies should come check the project out and see what it has to offer... ie changing the god damn world where btc failed.

eMunie is a useless shitcoin there  

Can u even read? 

They have been open and up front about what their intentions are before it is even released. Hardly a sh*it coin.

That is disappointing about eMunie being closed source and pre-mined. We should rename it YAScoin (Yet Another Sh*tcoin)