Topic: [POLL] Does EVAN DUFFIELD regret instamining DRK/DASH at 100x emission? - page 12. (Read 31425 times)

Quote from: Prosperityforall on May 02, 2015, 03:39:34 PM

Whenever coins101 begins his obvious trolling, direct him to this post.

Let me sum it up entirely:

Dash:

Evan Duffield who is Dash's developer, released Dash before it's intended release date and started mining it then. This means Dash also has a premine as well. During the first 2 days of Dash's existence, there was 500 coins per block that was being mined, and from that, 2million+ coins were mined. After 2million+ coins were mined in the first 2 days, the 500 coins per block output was reduced/sliced and diced to under 100, instantly making those instamined/premined coins worth more. Then to make things worse, the max coin supply was cut from avg. 80million to 20million. However, the likely scam/fraud didn't finish then, as all of that was done while mining was restricted to Linux-only users(90%+ of all people use Windows), and for a period of time, the only person able to mine Dash was it's developer, Evan Duffield, as the public miner wasn't working.

What does the stat "90%+ of all people use Windows" has to do with this? More relevant stat would be, what percentage of crypto currency miners have access to Linux.

Quote from: Prosperityforall on May 02, 2015, 03:39:34 PM

What to gain from that? Well for starters, Dash started off as a likely undeniable scam. It's Objective, as the history of this is recorded in the blockchain. None of this is personal, nor opinionated, it is all Fact. To make things even worse however, there's still an address that owns 11% of all Dash currently in existence, with inputs dating back to the instamine: https://chainz.cryptoid.info/dash/wallet.dws?559582.htm. So besides the fact that close to 40% of all Dash in existence currently were instamined in 2 days, there's also a guy that owns 11% of all dash. So practically 50% of all Dash *coins* are owned by the instaminers and 1 person, that's an absolute despicable distribution.

Having a strong hand and an investor is a positive thing for every other coin except DASH?

Also your logic that 50% is owned by instaminers is just flawed, or are you claiming that none of them has sold any coins? You're just putting numbers and pieces together and constructing fabricated results that suit your agenda.

Am I on ignore?

It is well documented that Evan was a active buyer.

So i got my 2 million premine in the pocket.
https://bitcointalksearch.org/topic/m.4629218

yeh 500 reward accident

Quote

..enjoy them while they last

smooth

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Quote from: coins101 on May 04, 2015, 03:22:23 PM

+1

The Monero emission change at the last minute was obviously intended to be part of the launch scam.

People liked the idea of a flatter bitcoin like emission curve, but then it was changed by the dev at the last minute.

Even back then people were flagging that there were problems that would come back and haunt Monero.

No shit batman.

Unlike Dash, it was never changed.

Thankful_for_today only ever implemented one speed. The previous commit is from Bytecoin. Easy to verify it in github.

smooth

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Quote from: illodin on May 04, 2015, 03:33:30 PM

Quote from: smooth on May 04, 2015, 02:29:53 PM

Quote from: illodin on May 04, 2015, 08:19:34 AM

Quote from: illodin on January 18, 2014, 05:04:31 PM

Indeed. Ridiculous is putting it mildly. I wonder why Evan STILL didn't bother compiling a windows wallet even though he said he'd wait until the next day to relaunch Roll Eyes

Maybe because he only had Linux himself. Setting up a build environment for Windows with all the stuff that's needed is a lot of work. It can't be done in one day unless you already know how and have done it before.

Right

Maybe it was divine intervention. Maybe the tooth fairy told him to speed up the launch.

Maybe. Which do you think is more likely though?

I think its more likely he never had any particular interest in creating (Windows) builds because

Quote from: Xilard on January 18, 2014, 05:03:20 PM

It would be so hard to realse a coin with compiled wallets? Oo

No but it would be hard for dev to instamine with them.

Didn't know I had that much influence in forming your opinion. And all this time I thought you came to your conclusions driven by penis envy of being in the shadow of the market leader.

Statements made at the time by people who were there have a lot of weight. Including Evan's own statements.

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Quote from: smooth on May 04, 2015, 02:29:53 PM

Quote from: illodin on May 04, 2015, 08:19:34 AM

Quote from: illodin on January 18, 2014, 05:04:31 PM

Indeed. Ridiculous is putting it mildly. I wonder why Evan STILL didn't bother compiling a windows wallet even though he said he'd wait until the next day to relaunch Roll Eyes

Maybe because he only had Linux himself. Setting up a build environment for Windows with all the stuff that's needed is a lot of work. It can't be done in one day unless you already know how and have done it before.

Right

Maybe it was divine intervention. Maybe the tooth fairy told him to speed up the launch.

Maybe. Which do you think is more likely though?

I think its more likely he never had any particular interest in creating (Windows) builds because

Quote from: Xilard on January 18, 2014, 05:03:20 PM

It would be so hard to realse a coin with compiled wallets? Oo

No but it would be hard for dev to instamine with them.

Didn't know I had that much influence in forming your opinion. And all this time I thought you came to your conclusions driven by penis envy of being in the shadow of the market leader.

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Quote from: coins101 on May 04, 2015, 03:22:23 PM

+1

The Monero emission change at the last minute was obviously intended to be part of the launch scam.

People liked the idea of a flatter bitcoin like emission curve, but then it was changed by the dev at the last minute.

Even back then people were flagging that there were problems that would come back and haunt Monero.

No shit batman.

You fucking liar, you make me dump all my dash, you and your kind are only lies, the Monero emission was not changed, go to hell you piece of shit.

coins101

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Oh, no it doesn't.

lol

Quote from: eizh on April 15, 2014, 07:38:10 PM

Quote from: smooth on April 15, 2014, 07:15:33 PM

Quote from: eizh on April 15, 2014, 06:40:35 PM

Why would the markets accept that?

I can't answer that. I try not second guess the markets, just observe. It seems the original coin is getting more and more uptake, for whatever reason.

Clones always have an uphill battle, as I'm sure you know.

Quote

Crypto distribution is absurdly bad (most, even big ones like LTC, have ~50% of coins held in the top 100 wallets).

And yet, LTC is the most successful alt by far...

Quote

Don't underestimate "instamining" stigma - it annihilated Quark and continues to plague DRK. A currency (exchange medium) is no good if many people don't want anything to do with it.

I don't disagree necessarily, like I said I'm just observing. If this coin turns out not to work the technology is out there and can be used for something else.

I wasn't observing that poor distribution leads to a lack of success, but that it's simply bad for any exchange medium. We here in altcoin-land are only concerned with profits so we don't think about it, but presumably in the end what we want is a universally accepted currency. But what we're looking at it with BCN is probably a distribution that's horrible even by cryptocurrency standards -- and that's just scary territory.

Right now BCN is being mined as a novelty, but there are complete nonsense coins that get more attention than it in shorter timeframes. Considering how revolutionary the technology is, I think that's explained by the fact that it wasn't "properly launched" from the perspective of the community.

I've been mining BCN and I'll support it just because I firmly believe in the need for anonymity, but there would be a tinge of regret that we could've had something better.

+1

The Monero emission change at the last minute was obviously intended to be part of the launch scam.

People liked the idea of a flatter bitcoin like emission curve, but then it was changed by the dev at the last minute.

Even back then people were flagging that there were problems that would come back and haunt Monero.

No shit batman.

illodin

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Quote from: illodin on May 03, 2015, 02:58:49 PM

Quote from: Prosperityforall on May 02, 2015, 03:39:34 PM

Whenever coins101 begins his obvious trolling, direct him to this post.

Let me sum it up entirely:

Dash:

Evan Duffield who is Dash's developer, released Dash before it's intended release date and started mining it then. This means Dash also has a premine as well. During the first 2 days of Dash's existence, there was 500 coins per block that was being mined, and from that, 2million+ coins were mined. After 2million+ coins were mined in the first 2 days, the 500 coins per block output was reduced/sliced and diced to under 100, instantly making those instamined/premined coins worth more. Then to make things worse, the max coin supply was cut from avg. 80million to 20million. However, the likely scam/fraud didn't finish then, as all of that was done while mining was restricted to Linux-only users(90%+ of all people use Windows), and for a period of time, the only person able to mine Dash was it's developer, Evan Duffield, as the public miner wasn't working.

What does the stat "90%+ of all people use Windows" has to do with this? More relevant stat would be, what percentage of crypto currency miners have access to Linux.

Quote from: Prosperityforall on May 02, 2015, 03:39:34 PM

What to gain from that? Well for starters, Dash started off as a likely undeniable scam. It's Objective, as the history of this is recorded in the blockchain. None of this is personal, nor opinionated, it is all Fact. To make things even worse however, there's still an address that owns 11% of all Dash currently in existence, with inputs dating back to the instamine: https://chainz.cryptoid.info/dash/wallet.dws?559582.htm. So besides the fact that close to 40% of all Dash in existence currently were instamined in 2 days, there's also a guy that owns 11% of all dash. So practically 50% of all Dash *coins* are owned by the instaminers and 1 person, that's an absolute despicable distribution.

Having a strong hand and an investor is a positive thing for every other coin except DASH?

Also your logic that 50% is owned by instaminers is just flawed, or are you claiming that none of them has sold any coins? You're just putting numbers and pieces together and constructing fabricated results that suit your agenda.

Am I on ignore?

smooth

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Quote from: illodin on May 04, 2015, 08:19:34 AM

Quote from: illodin on January 18, 2014, 05:04:31 PM

Indeed. Ridiculous is putting it mildly. I wonder why Evan STILL didn't bother compiling a windows wallet even though he said he'd wait until the next day to relaunch Roll Eyes

Maybe because he only had Linux himself. Setting up a build environment for Windows with all the stuff that's needed is a lot of work. It can't be done in one day unless you already know how and have done it before.

Right

Maybe it was divine intervention. Maybe the tooth fairy told him to speed up the launch.

Maybe. Which do you think is more likely though?

I think its more likely he never had any particular interest in creating (Windows) builds because

Quote from: Xilard on January 18, 2014, 05:03:20 PM

It would be so hard to realse a coin with compiled wallets? Oo

No but it would be hard for dev to instamine with them.

smooth

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Quote from: coins101 on May 04, 2015, 08:30:50 AM

Still trying to figure out why the bitcoin like emissions suddenly become the opposite of bitcoin.

It didn't.

BCN used speed 22. Bitmonero used speed 20, making it closer to Bitcoin.

The stated intent of the Bitmonero fork was to be "close" or "closer" to Bitcoin (both wordings were used) and described as "flatter" than BCN. It was certainly "closer to Bitcoin" and "flatter" than BCN and that is not arguable. Whether that is close to Bitcoin is subjective (not as close I would have chosen) but it certainly is more like Bitcoin than either BCN from which it forked or countless fast-mine coins that mine out in a year or less.

It is also far more Bitcoin-like than Dash, since Bitcoin didn't a massive instamine or changes to supply/rate after the launch.

Prosperityforall

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generalizethis

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Facts are more efficient than fud

Quote from: coins101 on May 04, 2015, 09:10:46 AM

If only everyone would ignore that instamine; then Evan and his apologists would have a clearer path to ill-gotten gains, but damn people keep on bringing up facts and such....

coins101

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Was there an answer to the Monero emissions change at the last minute, dear reader?

Or was there more misdirection?

Quote from: eizh on April 17, 2014, 08:40:06 PM

.....I think the most important change is the emissions schedule, but yes, this is rushed. The name alone may doom it.
...... Right now this fork doesn't have much of a reason to exist, IMO. There's no reason to release it now and work on these things later, either. All we'd be doing is unfairly mining it ahead of everyone else.

+1

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Quote from: coins101 on May 04, 2015, 08:30:50 AM

Quote from: coins101 on May 02, 2015, 09:36:39 PM

Quote from: coins101 on May 02, 2015, 03:15:05 PM

Quote from: BlockaFett on May 02, 2015, 01:23:42 PM

Saturday night approaching Trollz...you will have to talk amongst yourself about Monero now Sad

For some Trollero home -

The Trolleros can take a look at the Monero pre-ann which says the emissions will follow the same path as bitcoin, but when it was scam launched the rate of emissions was changed to be completely opposite.

80% in the first 4 years, most of that coming in the first year.

The whole thing stinks to high heaven. The devs who were around at the time and are still around would rather sweep the truth under the carpet so they can keep goading the Trolleros and making them pack hunters.

What is it they keep saying, to ignore a scam is to be part of the scam. Well they are all ignoring the Proven Monero Scam Launch. Can't hide it anymore I'm afraid

Keep thinking about this and it really is shady as fuck, especially given the de-optimized code, sending people to dud links so they couldn't mine, wallets not working properly, expecting people to compile their own wallets with shitty code that also didn't work, injecting fucked up code to prevent people from submitting work and forking the chain in the first week(s), and then forking the thread from the main dev after only a few weeks 'because he wasn't communicating'.

Then there are the lucky ones who seem not to have had any problems and managed to acquire 10% or more of the coin supply in the first week.

It really was / is shady as fuck.

Still trying to figure out why the bitcoin like emissions suddenly become the opposite of bitcoin.

FTFY--and I don't even get a thank you.

coins101

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Quote from: coins101 on May 02, 2015, 09:36:39 PM

Quote from: coins101 on May 02, 2015, 03:15:05 PM

Quote from: BlockaFett on May 02, 2015, 01:23:42 PM

Saturday night approaching Trollz...you will have to talk amongst yourself about Monero now Sad

For some Trollero home -

The Trolleros can take a look at the Monero pre-ann which says the emissions will follow the same path as bitcoin, but when it was scam launched the rate of emissions was changed to be completely opposite.

80% in the first 4 years, most of that coming in the first year.

The whole thing stinks to high heaven. The devs who were around at the time and are still around would rather sweep the truth under the carpet so they can keep goading the Trolleros and making them pack hunters.

What is it they keep saying, to ignore a scam is to be part of the scam. Well they are all ignoring the Proven Monero Scam Launch. Can't hide it anymore I'm afraid

Keep thinking about this and it really is shady as fuck, especially given the de-optimized code, sending people to dud links so they couldn't mine, wallets not working properly, expecting people to compile their own wallets with shitty code that also didn't work, injecting fucked up code to prevent people from submitting work and forking the chain in the first week(s), and then forking the thread from the main dev after only a few weeks 'because he wasn't communicating'.

Then there are the lucky ones who seem not to have had any problems and managed to acquire 10% or more of the coin supply in the first week.

It really was / is shady as fuck.

Still trying to figure out why the bitcoin like emissions suddenly become the opposite of bitcoin.

illodin

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Indeed. Ridiculous is putting it mildly. I wonder why Evan STILL didn't bother compiling a windows wallet even though he said he'd wait until the next day to relaunch Roll Eyes

Maybe because he only had Linux himself. Setting up a build environment for Windows with all the stuff that's needed is a lot of work. It can't be done in one day unless you already know how and have done it before.

Right

Maybe it was divine intervention. Maybe the tooth fairy told him to speed up the launch.

Maybe. Which do you think is more likely though?

Quote from: eduffield on January 18, 2014, 08:50:07 PM

Here's Evan thinking it's awesome that the windows wallet won't sync:

Quote from: drillbaby on January 18, 2014, 07:41:21 PM

This is funny .... I just managed to compile a windows version, both wallet and daemon - won't sync though.

Awesome! We'll be launching soon. Things are looking good.

There it's him thinking it's awesome that someone managed to compile a Windows version.

Quote from: eduffield on January 18, 2014, 05:42:43 PM

And once again your scam apologizing doesn't work. He said he'd try again next week. Is 1 week enough to get a windows environment up illodin?

Quote from: kaene on January 18, 2014, 05:39:29 PM

Quote from: eduffield on January 18, 2014, 05:37:39 PM

Quote from: smartbrain on January 18, 2014, 05:36:13 PM

Quote from: illodin on January 18, 2014, 05:30:28 PM

Ok now it insta crashes when I type "setgenerate true".

Time to go to bed and try again next week?

Yeah, let's do that. I obviously need to do some more testing. Thanks everyone!

Best thing to do I guess. Please, confirm you won't be launching after some minutes/hours even if you fix it, and the sooner would be tomorrow, thanks.

Definitely not. I'll also follow up with this post when I do set a time.

No he didn't say he'd try again next week. He said "Time to go to bed" was a good idea.

Prosperityforall

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Monero was launched by Thankful-for-today and was available on Windows, Linux, and Mac,(Take note that 90%+ of all computer operating systems use Windows), unlike Dash that was available on Linux only. Dash's scam instamine beginnings just keeps getting worse when compared to other coins.

Why do people keep bringing off-topic posts in this thread regardless? This isn't about Monero, or Litecoin, or Bitcoin, or Dogecoin, or whatever, it's about Dash.

Quote from: thankful_for_today on April 17, 2014, 05:00:51 PM

Current status:

Everything works fine on Linux. We can launch as soon as Windows and Mac binaries will be ready.
In order to make everything as fair as possible I move a launch time +12 hours. See updated original post.

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Quote from: illodin on January 18, 2014, 05:04:31 PM

Indeed. Ridiculous is putting it mildly. I wonder why Evan STILL didn't bother compiling a windows wallet even though he said he'd wait until the next day to relaunch Roll Eyes

Maybe because he only had Linux himself. Setting up a build environment for Windows with all the stuff that's needed is a lot of work. It can't be done in one day unless you already know how and have done it before.

Right

Maybe it was divine intervention. Maybe the tooth fairy told him to speed up the launch.

Maybe your first reaction was correct:

Quote from: Xilard on January 18, 2014, 05:03:20 PM

It would be so hard to realse a coin with compiled wallets? Oo

No but it would be hard for dev to instamine with them.

Here's Evan thinking it's awesome that the windows wallet won't sync:

Quote from: eduffield on January 18, 2014, 08:50:07 PM

Quote from: drillbaby on January 18, 2014, 07:41:21 PM

This is funny .... I just managed to compile a windows version, both wallet and daemon - won't sync though.

Awesome! We'll be launching soon. Things are looking good.

And once again your scam apologizing doesn't work. He said he'd try again next week. Is 1 week enough to get a windows environment up illodin?

Quote from: eduffield on January 18, 2014, 05:42:43 PM

Quote from: kaene on January 18, 2014, 05:39:29 PM

Quote from: eduffield on January 18, 2014, 05:37:39 PM

Quote from: smartbrain on January 18, 2014, 05:36:13 PM

Quote from: illodin on January 18, 2014, 05:30:28 PM

Ok now it insta crashes when I type "setgenerate true".

Time to go to bed and try again next week?

Yeah, let's do that. I obviously need to do some more testing. Thanks everyone!

Best thing to do I guess. Please, confirm you won't be launching after some minutes/hours even if you fix it, and the sooner would be tomorrow, thanks.

Definitely not. I'll also follow up with this post when I do set a time.

generalizethis

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Attacking Monero doesn't invalidate Dash's instamine. Attacking the vote doesn't invalidate Dash's instamine. The only thing that would invalidate Dash's instamine would to be to prove it wasn't an instamine--but you can't, so....

coins101

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Quote from: thankful_for_today on April 17, 2014, 03:54:13 PM

Indeed. Ridiculous is putting it mildly. I wonder why Evan STILL didn't bother compiling a windows wallet even though he said he'd wait until the next day to relaunch Roll Eyes

Maybe because he only had Linux himself. Setting up a build environment for Windows with all the stuff that's needed is a lot of work. It can't be done in one day unless you already know how and have done it before.

Inconvenient truths are everywhere:

Quote from: lunokhod2 on April 17, 2014, 02:57:12 AM

Quote from: thankful_for_today on April 16, 2014, 05:10:19 PM

Looks like everything is ready.
Bitmonero will be launched in 24 hours => Launch time 17 April, 22:00

Could you let us know what Bitmonero means?

Also, will you have binaries for OS X that work at this time (After two hours of wasted time, I can't get the Bytecoin source to compile).

Bitmonero = bit + monero
monero = mono (money) + ero (bit) = coin (esperanto language)

OS X build is a problem for me. I don't have a mac available for building and testing. In case somebody can help with building for Mac or for Windows, please PM me.

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