This is a disaster waiting to happen… "
yo turdman...fyi...the disaster started a year or so ago, and hasnt ended yet
So the geniuses have innovated and evolved by copying ETH, is that the deal here?
ION is to XPY as ETH is to BTC.
I think it was mentioned somewhere that ION is forked off Blackcoin. Regardless of what the codebase is I'm quite confident they will manage to screw it up and replace with some other fork next year.
so they admit xpy has bad press around it so they make a new coin but use the same structure as paycoin with stakers that do time period locks ... these guys arent even trying. wallet should time lock on staked amount none of this centralised shit with premade prime addresses. that loser huey even says xpy is out of their hands and they need control...
i read some garbage about bits or ions used to boost stake rate... is this their png implementation of the red rocket ship?
i seriously cant believe those xpy fools are going to be screwed for a fifth time...
why dont they just dump their xpy and use that to buy any existing pos coin? this ion crap and gaming. doesnt hyper already do that and stake? its working so thats gotta be better than hueys franken coin that'll be born with 2 heads and punched on the stomach by carlos right?
i swear they just get more and more stupid.
Last year when the "rebels" took over there was an obvious question: why keep the scam coin alive, why not put the resources behind a new coin without Garza's baggage or better yet - support one of the existing coins (since Bitcoin is not viable of course). Looks like they've picked the worst choices of all available options. They dragged XPY's inevitable demise on for a year with nothing to show for it, now they created yet another shitcoin (well, pre-announced it), and they are still following Garza's harebrained ideas like stakers. Whatever helps to extract more BTC out of the congregation.
O and lets not forget they didn't do an ICO they did an ISO... not to be confused with the standards body... theres no fookin way that coin would be a standard of anything except what constitutes a scamcoin. Initial Stake Offer o....m....f......g and i'm sure all the raised money will go to the bloody dev fund i.e. whoever in their team cloned the github repo and hit compile.
Their coin does NOTHING... its gaming oriented right? So therefore they will have to use gaming services. No game company is going to integrate with their history and who wants to play their version of tick tack toe.... i can think of 10 other altcoins i'd use for gaming before i'd use their ion shit.
Someone on their forum said it best... so i have to convert 8 to 1 so i lose the amount i have. He's right.. since they are creating coins out of thin air and they are burning xpy anyway why not 1:1. Like all of their attempts this will fail miserably. Anytime a coin has a large premine and big gap between owners of premine and the regular muggles particularly with a stake coin the gap of rich and poor in coin amount just widens.
From what i can see too they basically want to clone a coin give coins and then have everyone else make services and games etc that make them money in a coin they invented from thin air... fuck me i don't understand how people don't use this very basic form of thinking to realise what they are doing.