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Topic: IDENA - SCAM (Read 1361 times)

member
Activity: 812
Merit: 10
December 19, 2020, 06:35:07 PM
#43
That's why you should do your own research before joining any project. Without a good concept, how would we expect to see the success of a project?
legendary
Activity: 2156
Merit: 1622
December 19, 2020, 02:45:28 AM
#42
It cannot be said that it is 100% immune to human farms after the team confirmed that one IDENA user managed to manage 700 accounts and form a pool, and of course this must be assisted by at least 350 people, assuming one person uses 2 IDENA accounts.

This is very unlikely, even I myself can't imagine 350 people can work in one command on a project that is still in beta. But if this really happens, then the voting process through voting will have big problems that will be faced by the entire IDENA ecosystem.

It looks like he doesn't need 350 people if his soft is well enough and optimize demand of humans by creating one big flip pool for all people in farm, sorting out duplicates, sorting out known flips, solving easy flips with AI and passing hard flips to farm only.

Team already presented solution for this case. They decided not to fight with farms but give them super priviliges that gives them financial motivation for showing up and being banned from voting in oracle. IMO its not good solution for this case but this thing is so delicate that there is no good solution. There are only bad and very bad but... this is not place for such discussion. Its scam accusation thread not "current problem that innovative coin have" thread.
hero member
Activity: 1470
Merit: 555
dont be greedy
December 18, 2020, 09:28:53 PM
#41
.......Unfortunately, Bitcoin got taken hostage by huge farms while Idena is immune to it cause it prevents "my d*** is bigger than yours" mining or staking.
It cannot be said that it is 100% immune to human farms after the team confirmed that one IDENA user managed to manage 700 accounts and form a pool, and of course this must be assisted by at least 350 people, assuming one person uses 2 IDENA accounts.

This is very unlikely, even I myself can't imagine 350 people can work in one command on a project that is still in beta. But if this really happens, then the voting process through voting will have big problems that will be faced by the entire IDENA ecosystem.
legendary
Activity: 2156
Merit: 1622
June 27, 2020, 12:50:30 AM
#40
It is not about greed. They could hard fork this with 0 cost. Stolen/lost funds from exchange wallet is also a different thing than failed validation on innovative one of a kind coin before mainnet - in experimental stage.

And you think only from your perspective (head stuck in ass). Not paid rewards for miners are great thing for investors (burned supply). Some profit from higher validation rewards, some profit from 2x mining speed. Developers just let things how arbitrary blockchain decide because it is about pennies and no funds from main wallets was lost. Should they take funds from those who profit from this bug? This would be scam and pseudo blockchain if everything could be reversed by devs.

And even if this is greed - this is scam accusation thread and this is not scam accusation proof. Post here scam accusation proofs or get the f... out with your "it should be like i think!!!!" Don't like it just leave it. I'm early miner, early investor and one of those  who suffer from this validation bug. I can go on with -10$. You can't?

I also think that it is better to use this funds for next hackathon to create stuff like that instead of using them to pay for network bug:

1. https://idenavoice.com
Github: https://github.com/EarthlingDavey/idenavoice

2. https://idena.vote
Github: https://github.com/RealMahmoud/Idena-voting

3. https://idenapoll.com
Github: https://github.com/paolofacchinetti/IdenaPoll

4. idenary.com
Github: https://github.com/Idenary/idenary.com

5. https://fairdrop.io/
Github: https://github.com/fairdrop-io/fairdrop-io

6. Idena Discord auth bot https://discord.gg/8BusRj7
Github: https://github.com/iyomisc/idenauth

But you don't care. You want it and it has to be like you want it or you will spam every thread. Even this - scam accusation thread which is not related to network bug case. Crying baby.
newbie
Activity: 123
Merit: 0
June 26, 2020, 07:03:58 PM
#39
Let me tell you a story of how real honest developers work.
About 1.5 years ago, 400,000+ Komodo coins were stolen from the Digitalprice.io exchange.
Stolen due to wallet devs mistake.
Than jl777, main developer, personally paid to all victims out of his own wallet.
Real coins. Not a test. And for that moment KMD cost was about 2-3 dollars.
This is an indicator of Man.
And here, in idena, there are some test coins and you cannot even compensate for them.
And instead of standing on the community side, you continue to defend developers irresponsibly, your developers are good and mistakes happen and they do not need to compensate for anything...

Or Coincheck exchange, refunded 532,000,000 stolen NEM. Incredible huge amount.
 
Yes, you can contrast me with other examples where developers didn’t pay, and so what? Does this characterize them on the positive side? No.
There are normal developers, and there are bad ones.
Idena devs are bad and greedy.
jr. member
Activity: 85
Merit: 2
IdenaNetwork (idena.io)
June 08, 2020, 03:09:44 PM
#38
In truth, you are not a smart person, or you are paid by these scammers.

Add you to ignore list.

LOL, said the pot to the kettle.

Those that like Idena have nothing more from devs than you who either dislike it or would like to FUD so you get more for less.

Either way, your failed attempts are futile and the more you push, more ridiculous you look.

Idena has proved to be almost like a stablecoin during recent events.
Idena has proved nothing at all.

And none of my points are absurd.
There is an event that has occurred and the reaction of devs to it.
A reaction that proves that developers are greedy.

But I am glad that you are responding to my messages with your futile attempts.
You help keep this topic at the top of the list.
More people find out about this crap will not get dirty in it.


Wow, you're still talking?

What this proves is that you're either greedy yourself, using all means necessary to create problem that exist in your head or you have no capacity to comprehend some things said to show how silly your ramblings are.

Idena is the most revolutionary concept since Satoshi's original Bitcoin. What Satoshi wanted to make with Bitcoin is now being made with Idena. Unfortunately, Bitcoin got taken hostage by huge farms while Idena is immune to it cause it prevents "my d*** is bigger than yours" mining or staking.
newbie
Activity: 123
Merit: 0
June 08, 2020, 05:29:39 AM
#37
In truth, you are not a smart person, or you are paid by these scammers.

Add you to ignore list.

LOL, said the pot to the kettle.

Those that like Idena have nothing more from devs than you who either dislike it or would like to FUD so you get more for less.

Either way, your failed attempts are futile and the more you push, more ridiculous you look.

Idena has proved to be almost like a stablecoin during recent events.
Idena has proved nothing at all.

And none of my points are absurd.
There is an event that has occurred and the reaction of devs to it.
A reaction that proves that developers are greedy.

But I am glad that you are responding to my messages with your futile attempts.
You help keep this topic at the top of the list.
More people find out about this crap will not get dirty in it.
legendary
Activity: 2156
Merit: 1622
June 05, 2020, 03:52:58 AM
#36
Don't waste my time on your dumb stuff.
You are trying to distract my attention.

Maybe this will surprise you but despite the fact that i'm referring to you I'm not posting here for you. I'm doing it for all DT members who are here trying to judge if we are talking about scam or not. And this may also surprise you. If you mute me it does not mean that other's can't read my posts too. You only make your posts looks out of topic. And if you repost the same post you are simply spamming.

Remember to mute me also on your other accounts. I've seen at least 3-4 with the same posting habbits and <50 posts.

Amount of emotions you put into each post (offending people) only profs that you feel very helpless/insecure trying to prof scam accusation using your opinions only.
jr. member
Activity: 85
Merit: 2
IdenaNetwork (idena.io)
June 05, 2020, 03:40:13 AM
#35
In truth, you are not a smart person, or you are paid by these scammers.

Add you to ignore list.

LOL, said the pot to the kettle.

Those that like Idena have nothing more from devs than you who either dislike it or would like to FUD so you get more for less.

Either way, your failed attempts are futile and the more you push, more ridiculous you look.

Idena has proved to be almost like a stablecoin during recent events.
newbie
Activity: 123
Merit: 0
June 05, 2020, 03:12:19 AM
#34
https://i.imgur.com/pXN86JI.jpg
Don't waste my time on your dumb stuff.
You are trying to distract my attention.


And those 4 points are not subjective opinions.
These are the facts that have taken place.

The greed of the developers is amazing.
1. Absolutely unfair punishment for reported flips.
If someone doesn't know, then for reported flips, you completely lose the reward.
You will not be rewarded for successful validation, for invited users and for flips. Is it fair? No.
A poll was taken. Only the votes of identified users were counted.
Quote
Should Idena:
A. Leave the current system of penalties. One reported flip = loss of all rewards from validation.
B. Use a proportional system of fines for bad flips.  1 bad flip - 1 unpaid reward, 2 bad flips = 2 unpaid rewards, etc. And all rewards are not rejected for bad flips.
1) A.
0x0adc1dc970b0750e253ec97b4a9e3c85c04dedac (https://scan.idena.io/address?address=0x0adc1dc970b0750e253ec97b4a9e3c85c04dedac)
2) B.
0x818c464ea1bbf2d5212a2c8dead3971e5636405b (https://scan.idena.io/address?address=0x818c464ea1bbf2d5212a2c8dead3971e5636405b)
Send small amount of DNA to one of the addresses to vote for associated option.
ONLY VALIDATED IDENTITIES COUNT!
Variant B won - 54.94%.
Where is the reaction of the devs? Nowhere. They are not profitable to give users more coins.
Greed.
2. Because of a bug in the previous validation, due to the fault of the developers, all users lost their validation reward, flip reward, invitations reward, mining reward for next 10 days.
Can devs recover these losses? After all, the fault was theirs. Yes, they can, but they accused users of weak hardware. It is unprofitable for them to pay compensation.
Greed.
3. When someone suggested increasing the reward for flips so that a person would try to make flips better and be afraid to lose rewards for a bad flip, all sorts of admins and other personalities immediately started laughing at him, calling him stupid and told that no one would give any more coins.
Greed.
4. The increasing premine. What the f*ck is this? In what other coin did you see the increasing premine ?! This is f*cking scam. The larger the premine, the lower the value of the coin.
And in this coin, it is constantly increasing!
Just think. Was premine, 36 000 000, devs divided it into several parts. And one part of the premine increases after each validation. Initially, the size of this part of the premine was 521,526 DNA. Now it’s 800,826.146 DNA. This part of the premine grew by 279,300.146 DNA. Which at the current rate is 2.79 BTC.
Premine is bad in principle. The big premine is even worse. And in this coin it is huge - 36 mln and even increases. Doesn't this bother you ??
Greed.

But when you try to talk about it in a Telegram chat, administrators and moderators immediately try to shut up your mouth, threatening to ban. Because they don't want people to know about it. Which once again confirms that devs are scammers.
https://i.imgur.com/FEjLUnG.jpg
Every time when someone is dissatisfied with something in a coin or devs, it immediately begins - "it is a testnet coin, don't like our coin - leave chat, you're spammer, troll, FUD" and so on.

Stay away from this crap.
legendary
Activity: 2156
Merit: 1622
June 05, 2020, 02:54:20 AM
#33
All coins have a fixed premine. It cannot increase.
The size of the premine affects the cost of the coin.  The more premine - the lower the cost. And here it is constantly growing.
There is no law requiring a premine to be fixed.
But this characterizes the developers of the coin.
In this coin, premine will not be consumed at all.
They will pay for something, IF they will, then from this growing part.
Why should people get an interest in buying coins if the developers get new coins from the air?
All payments should be made only from this amount - 521,526 DNA.
All reward coins must be burned.
Where are scam accusation evidances? This is your opinion and some data about price/supply ratio and nothing more...

What did you say yourself.
I do agree that this account should not receive invitation rewards or it should be stated in WP what is a purpose of those coins and to who they belong. I think that those funds should, at least, be transferred to zero-wallet.

I did not say that it profs scam. I said that this wallet needs special purpose. " at least, be transferred to zero-wallet." Wallet that is not one person money but funds with it's own purpose and is locked for project (and that's what it is). After my post Krucifer explained me the purpose of this wallet and I merit his post.

Just like you spoke out in disbelief about such a huge premine.
That's what scares me the most about IDENA.

1- 36 milion premine. (82% of all coins in hands of team now)

17th of December man. After this post IDENA TEAM locked 70% of premine for 1-5 years and that was my case:
Don't get me wrong. I appreciate your work and i agree that you should be fairly rewarded but in my opinion current situation will scare every possible investor away.

I'm not saying that you should burn part of those coins (in fact that would be the best for community, but as I already said I agree that You should be fairly rewarded). I'm saying that You should reconsider locking 50-80% of those coin for next 2 year.

In truth, you are not a smart person, or you are paid by these scammers.
....
And now you say the opposite, although the actions of devs only emphasize their greed.
...
 You are the crypto whore who protects the one who pays.

When they pay me? In december they wansn't because i was posting about premine, than they was paying, 3 days ago they wasn't because i was posting about purpose of 800k wallet and after 3 days they are paying again? You see how stupid it is?

Indeed, jokes about the poles are absolutely true...
...
In truth, you are not a smart person
...
 You are the crypto whore who protects the one who pays.

And it only shows how immature you are and how immature this whole accusation is.

"Gimme coins, more coins, coins, coins, or i will cry so much in evey possible thread and offend everyone"

That's how it looks like.
newbie
Activity: 123
Merit: 0
June 05, 2020, 02:18:01 AM
#32
///////////////////////////////
In truth, you are not a smart person, or you are paid by these scammers.

All coins have a fixed premine. It cannot increase.
The size of the premine affects the cost of the coin.  The more premine - the lower the cost. And here it is constantly growing.
There is no law requiring a premine to be fixed.
But this characterizes the developers of the coin.
In this coin, premine will not be consumed at all.
They will pay for something, IF they will, then from this growing part.

Why should people get an interest in buying coins if the developers get new coins from the air?
All payments should be made only from this amount - 521,526 DNA.
All reward coins must be burned.
What did you say yourself.
I do agree that this account should not receive invitation rewards or it should be stated in WP what is a purpose of those coins and to who they belong. I think that those funds should, at least, be transferred to zero-wallet.

Just like you spoke out in disbelief about such a huge premine.
That's what scares me the most about IDENA.

1- 36 milion premine. (82% of all coins in hands of team now)
2- 12K coins from invitations
3- 5% of all new emitted coins goes to the team ~ 13k coins each epoch
https://i.imgur.com/jJ6WpZN.png

12k+13k=25k coins each epoch goes to the team. Thats ~10%
I wonder how many potential new miners or old miners quit after seeing how insignificant their stack is in comparison to the team stack (82% of total supply).

And now you say the opposite, although the actions of devs only emphasize their greed.

And those 4 points are not subjective opinions.
These are the facts that have taken place.
And observing the behavior of developers in connection with these facts, their greed becomes apparent.

A waste of time on you. You are the crypto whore who protects the one who pays.
Add you to ignore list.
legendary
Activity: 2156
Merit: 1622
June 04, 2020, 11:51:53 PM
#31
You did not argue anything and objected nothing.
You don’t even understand what it is about.

This is scam accusation thread in scam accusation section and this \/ is scam accusation:

No, it seems that this coin is still a scam.
Not the idea of a coin, but developers are scammers.

So we should discuss scam accusation evidences here not personal opinions and all you bring here are your subjective opinions. That's why I did not argue anything and only said that there are no scam evidences. If you want us to discuss your personal opinions than create "my opinions about Idena" thread in off-topic section.

Just take a look at that.

The point is that this part of the premine is increasing. A premine must be fixed!
Who said that? Ronald McDonald? Is it international law? No. It is your personal opinion. Distribution is what it is and fact that you don't like it doesn't make IDENA team scammers. And premine is fixed. It's separate fund for community driven developments. To pay YOU and OTHERS for contribution for network (f.e. this https://idena.site/faq_tutorials.php#answer4  ,  https://idena.today/ ,  https://idena-apps.org/)

The scam is that they could make up for the loss, but because of greed, they didn't do it.
[snip]
Why not take these 279,300.146 DNA coins and pay them for those losses? After all, developers should not have these coins, only 521,526 DNA in Foundation part, because premine can't grow!
It's again your opinion. In my opinion funds should be used for its intended purpose and this is not their intended purpose. This is not scam evidence just your opinion.

But when you try to talk about it in a Telegram chat, administrators and moderators immediately try to shut up your mouth, threatening to ban. Because they don't want people to know about it. Which once again confirms that devs are scammers.

Community admin did something so it confirms that IDENA DEVS are scammers... This is nonsense. And the most fun thing is that to confirm your opinion you post SS of opinion of another random person (or it is you on telegram - we don't know that)... "Because they don't want people to know about it" - Thats why they put it in official announcment and whitepaper...
You did not argue anything and objected nothing.
Again. Open new thread and name it  "my opinions about IDENA" and leave "scam accusation thread" with your subjective opinions or at least don't expect us to discuss them here.
newbie
Activity: 123
Merit: 0
June 04, 2020, 04:31:31 PM
#30
......................................

Nice answer. And good job in uncovering the real scammer Jilani here. :thumbsup:
I'm not Jilani.
And as I said earlier, when there is nothing to object to, it begins "it is a testnet coin, don't like our coin - leave chat, you're spammer, FUD troll" and so on.
newbie
Activity: 123
Merit: 0
June 04, 2020, 04:26:53 PM
#29
No, it seems that this coin is still a scam.
Not the idea of a coin, but developers are scammers.

A few facts.

The greed of the developers is amazing.
1. Absolutely unfair punishment for reported flips.
If someone doesn't know, then for reported flips, you completely lose the reward.
You will not be rewarded for successful validation, for invited users and for flips. Is it fair? No.
A poll was taken. Only the votes of identified users were counted.
Quote
Should Idena:
A. Leave the current system of penalties. One reported flip = loss of all rewards from validation.
B. Use a proportional system of fines for bad flips.  1 bad flip - 1 unpaid reward, 2 bad flips = 2 unpaid rewards, etc. And all rewards are not rejected for bad flips.
1) A.
0x0adc1dc970b0750e253ec97b4a9e3c85c04dedac (https://scan.idena.io/address?address=0x0adc1dc970b0750e253ec97b4a9e3c85c04dedac)
2) B.
0x818c464ea1bbf2d5212a2c8dead3971e5636405b (https://scan.idena.io/address?address=0x818c464ea1bbf2d5212a2c8dead3971e5636405b)
Send small amount of DNA to one of the addresses to vote for associated option.
ONLY VALIDATED IDENTITIES COUNT!
Variant B won - 54.94%.
Where is the reaction of the devs? Nowhere. They are not profitable to give users more coins.
Greed.
2. Because of a bug in the previous validation, due to the fault of the developers, all users lost their validation reward, flip reward, invitations reward, mining reward for next 10 days.
Can devs recover these losses? After all, the fault was theirs. Yes, they can, but they accused users of weak hardware. It is unprofitable for them to pay compensation.
Greed.
3. When someone suggested increasing the reward for flips so that a person would try to make flips better and be afraid to lose rewards for a bad flip, all sorts of admins and other personalities immediately started laughing at him, calling him stupid and told that no one would give any more coins.
Greed.
4. The increasing premine. What the f*ck is this? In what other coin did you see the increasing premine ?! This is f*cking scam. The larger the premine, the lower the value of the coin.
And in this coin, it is constantly increasing!
Just think. Was premine, 36 000 000, devs divided it into several parts. And one part of the premine increases after each validation. Initially, the size of this part of the premine was 521,526 DNA. Now it’s 800,826.146 DNA. This part of the premine grew by 279,300.146 DNA. Which at the current rate is 2.79 BTC.
Premine is bad in principle. The big premine is even worse. And in this coin it is huge - 36 mln and even increases. Doesn't this bother you ??
Greed.

All these 4 points are not my fantasies, these are facts.
But when you try to talk about it in a Telegram chat, administrators and moderators immediately try to shut up your mouth, threatening to ban. Because they don't want people to know about it. Which once again confirms that devs are scammers.
https://i.imgur.com/FEjLUnG.jpg
Every time when someone is dissatisfied with something in a coin or devs, it immediately begins - "it is a testnet coin, don't like our coin - leave chat, you're spammer, troll, FUD" and so on.

Stay away from this crap.

I'm in this project for much more than half a year. If someone was scammed it would be me .. who else? There was no ICO.

I came here ... again ... and read your post trying to be a person who is here not knowing what it's all about trying to judge scam accusation ...

Not rewarded for creating FLIP/solving ... so you are saying that team is scamming because blockchain algorithm due to 10 min bug did not pay free coins (that was burned and was comming from regular distribution not TEAM wallet) for choosing nice google image?? It's kindergarten? And team did not use it's power to attack blockchain to reverse what happened ? And it makes them scammers?

Team is scamming because of 36 million coin premine? Is it hidden? It's written in white paper... Just read. Don't like it don't join in it... don't take free coins from mining 100$ using 5$ VPS monthly

54% ... I would say "no consensus" rather than win because in statistics, we have something like a small sample error or statistical error, and this 4% is nothing more than that. I'm not surprised that it was not implemented. There are more important things now than satisfying 54% of network at the expense of going against 46%. There are things that will satisfy 100% of network (like sharding, mobile wallet, ledger support, option to encrypt wallet with password etc.)

Maybe it was 54:46 because both options are equally shitty and it is worth to repeat vote with additional option?
And whole event was hosted by discord admin not IDENA team.


Indeed, jokes about the poles are absolutely true...
Do you even read what you write? This is pathetic nonsense paid by the scam dev team.
You did not argue anything and objected nothing.
You don’t even understand what it is about.
Network error - not scam. The scam is that they could make up for the loss, but because of greed, they didn't do it.
It’s not about the fact that a part of the premine is allocated for the Foundation. The point is that this part of the premine is increasing. A premine must be fixed!
Why not take these 279,300.146 DNA coins and pay them for those losses? After all, developers should not have these coins, only 521,526 DNA in Foundation part, because premine can't grow!
jr. member
Activity: 85
Merit: 2
IdenaNetwork (idena.io)
June 04, 2020, 02:35:16 PM
#28
To everyone who is here not knowing what it is all about. It is a Troll game from paid FUD maker who is making a storm in a glass of water. He was laughed by everyone who would be interested (everyone who is "scammed by IDENA team", me included) so he came here...

some sh....t

I'm in this project for much more than half a year. If someone was scammed it would be me .. who else? There was no ICO.

I came here ... again ... and read your post trying to be a person who is here not knowing what it's all about trying to judge scam accusation ...

Not rewarded for creating FLIP/solving ... so you are saying that team is scamming because blockchain algorithm due to 10 min bug did not pay free coins (that was burned and was comming from regular distribution not TEAM wallet) for choosing nice google image?? It's kindergarten? And team did not use it's power to attack blockchain to reverse what happened ? And it makes them scammers?

Team is scamming because of 36 million coin premine? Is it hidden? It's written in white paper... Just read. Don't like it don't join in it... don't take free coins from mining 100$ using 5$ VPS monthly

54% ... I would say "no consensus" rather than win because in statistics, we have something like a small sample error or statistical error, and this 4% is nothing more than that. I'm not surprised that it was not implemented. There are more important things now than satisfying 54% of network at the expense of going against 46%. There are things that will satisfy 100% of network (like sharding, mobile wallet, ledger support, option to encrypt wallet with password etc.)

Maybe it was 54:46 because both options are equally shitty and it is worth to repeat vote with additional option?
And whole event was hosted by discord admin not IDENA team.


Nice answer. And good job in uncovering the real scammer Jilani here. :thumbsup:
legendary
Activity: 2156
Merit: 1622
June 04, 2020, 02:11:44 PM
#27
To everyone who is here not knowing what it is all about. It is a Troll game from paid FUD maker who is making a storm in a glass of water. He was laughed by everyone who would be interested (everyone who is "scammed by IDENA team", me included) so he came here...

some sh....t

I'm in this project for much more than half a year. If someone was scammed it would be me .. who else? There was no ICO.

I came here ... again ... and read your post trying to be a person who is here not knowing what it's all about trying to judge scam accusation ...

Not rewarded for creating FLIP/solving ... so you are saying that team is scamming because blockchain algorithm due to 10 min bug did not pay free coins (that was burned and was comming from regular distribution not TEAM wallet) for choosing nice google image?? It's kindergarten? And team did not use it's power to attack blockchain to reverse what happened ? And it makes them scammers?

Team is scamming because of 36 million coin premine? Is it hidden? It's written in white paper... Just read. Don't like it don't join in it... don't take free coins from mining 100$ using 5$ VPS monthly

54% ... I would say "no consensus" rather than win because in statistics, we have something like a small sample error or statistical error, and this 4% is nothing more than that. I'm not surprised that it was not implemented. There are more important things now than satisfying 54% of network at the expense of going against 46%. There are things that will satisfy 100% of network (like sharding, mobile wallet, ledger support, option to encrypt wallet with password etc.)

Maybe it was 54:46 because both options are equally shitty and it is worth to repeat vote with additional option?
And whole event was hosted by discord admin not IDENA team.
full member
Activity: 2324
Merit: 175
June 04, 2020, 01:38:08 PM
#26
I still support IDENA, project is not perfect because it is the only proof of human algo, and it's still in a experimental stage and prone to error it's to early to call it scam when developers are always updating and making the platform perfect, let's give this project a chance, there's no ICO here and supporters are getting their coin free. 
jr. member
Activity: 85
Merit: 2
IdenaNetwork (idena.io)
June 04, 2020, 11:21:21 AM
#25
No, it seems that this coin is still a scam.
Not the idea of a coin, but developers are scammers.

A few facts.

The greed of the developers is amazing.
1. Absolutely unfair punishment for reported flips.
If someone doesn't know, then for reported flips, you completely lose the reward.
You will not be rewarded for successful validation, for invited users and for flips. Is it fair? No.
A poll was taken. Only the votes of identified users were counted.
Quote
Should Idena:
A. Leave the current system of penalties. One reported flip = loss of all rewards from validation.
B. Use a proportional system of fines for bad flips.  1 bad flip - 1 unpaid reward, 2 bad flips = 2 unpaid rewards, etc. And all rewards are not rejected for bad flips.
1) A.
0x0adc1dc970b0750e253ec97b4a9e3c85c04dedac (https://scan.idena.io/address?address=0x0adc1dc970b0750e253ec97b4a9e3c85c04dedac)
2) B.
0x818c464ea1bbf2d5212a2c8dead3971e5636405b (https://scan.idena.io/address?address=0x818c464ea1bbf2d5212a2c8dead3971e5636405b)
Send small amount of DNA to one of the addresses to vote for associated option.
ONLY VALIDATED IDENTITIES COUNT!
Variant B won - 54.94%.
Where is the reaction of the devs? Nowhere. They are not profitable to give users more coins.
Greed.
2. Because of a bug in the previous validation, due to the fault of the developers, all users lost their validation reward, flip reward, invitations reward, mining reward for next 10 days.
Can devs recover these losses? After all, the fault was theirs. Yes, they can, but they accused users of weak hardware. It is unprofitable for them to pay compensation.
Greed.
3. When someone suggested increasing the reward for flips so that a person would try to make flips better and be afraid to lose rewards for a bad flip, all sorts of admins and other personalities immediately started laughing at him, calling him stupid and told that no one would give any more coins.
Greed.
4. The increasing premine. What the f*ck is this? In what other coin did you see the increasing premine ?! This is f*cking scam. The larger the premine, the lower the value of the coin.
And in this coin, it is constantly increasing!
Just think. Was premine, 36 000 000, devs divided it into several parts. And one part of the premine increases after each validation. Initially, the size of this part of the premine was 521,526 DNA. Now it’s 800,826.146 DNA. This part of the premine grew by 279,300.146 DNA. Which at the current rate is 2.79 BTC.
Premine is bad in principle. The big premine is even worse. And in this coin it is huge - 36 mln and even increases. Doesn't this bother you ??
Greed.

All these 4 points are not my fantasies, these are facts.
But when you try to talk about it in a Telegram chat, administrators and moderators immediately try to shut up your mouth, threatening to ban. Because they don't want people to know about it. Which once again confirms that devs are scammers.
https://i.imgur.com/FEjLUnG.jpg
Every time when someone is dissatisfied with something in a coin or devs, it immediately begins - "it is a testnet coin, don't like our coin - leave chat, you're spammer, troll, FUD" and so on.

Stay away from this crap.

LOL, greed.

Lost reward = burned coins, not back-to-dev-wallet coins.

You are so full of shit but you keep coming for more.

Devs are scammers, premine is huge, but i want 'moar' DNA! Cheesy Cheesy Cheesy
sr. member
Activity: 574
Merit: 251
May 29, 2020, 12:01:08 AM
#24
Hello.
There is a coin - "Idena is the first Proof-of-Person Blockchain"
https://bitcointalksearch.org/topic/idena-is-the-first-proof-of-person-blockchain-5194871

I think this is a scam.
Here are my reasons.
1. 36,000,000 premined coins (82% of all coins in hands of team now).
2. They also get 12000 coins from invitations.
3. 5% of all new emitted coins goes to the team ~ 13000 coins each epoch.
12000+13000=25000 coins each epoch goes to the team. Thats ~10%
4. More people you invite, the more income you will have. Doesn't remind you of a financial pyramid?
5. I was deceived at a very early stage, why - it is not clear. For no reason, my invitation was turned off for me.
But mining without it is impossible. Feel it? That is, the developer controls who can mine and who can not.
Although dev speaks of the need for decentralization and democracy in his manifesto. That is misinformation.

That's all for now.
Perhaps I will expand this list even further.


IDENA is not a scam, maybe you are. You forgot to tell if you make a bad flip you don't get a reward and forgot to tell the validation process every epoch to be a newbie, verified and human.
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