The Monero launch included a launch pack that included some deceptive code aimed at rigging the mining for the material benefit of one or a few at the expense of the many. Also known as fraud.
Before we can set up pools..
We need a miner.
Currently the mining is done In the wallet AFAIK
There is also a miner in the standard build, just no pool to connect it to.
Not long after launch, around one to two weeks, people started to smell a rat and at some point the Monero dev somehow did a runner, or possibly just changed account profile and carried (carries) on being involved.
Some of the early community members decided that, despite being only one or two weeks in, they would continue with the project rather than stop, fix, relaunch.
That smells a bit. Had we seen two or three months of effort, then maybe a continuation would have been more believable. People were smelling a rigged launch at the time:
i would like to propose a conspiracy theory here. could it be that TFT and friends created a problem where there was non, as they see the coin going up in popularity and thus limit ability for people to mine or participate.
1. yes mining continued: is this true can a non techy very this
2. increased frustration: people may hold of mining while a better wallet is in place. thus decreasing difficulty and increasing coin accumulation of those in the know.
3. a day later and still unable to access wallet from first page. people are pointed to github but I do not see a link there that says updated wallet. click here and your parse problems will be solved.
4. i recall i could not participate early because link was botched. there was no note underneath to clarify this for those new to cryptocurrencies. for 5 days I could not mine while tft and friends went about it merrily.
would tft go to such an extreme.... just speculating.
There is no dispute that Monero was launched with deceptive code intended to steal. It has been admitted by the lead devs:
We've admitted to the crippled miner. We were the first ones to discover it, disclose it, and fix it. The reason I don't dwell on Monero's faults is not to hide them......
And the other lead dev:
....
The "dev" who launched Monero is thankful_for_today:
https://bitcointalksearch.org/user/thankfulfortoday-233561Thankfully when
we (the current Monero core team) found the purposefully obfuscated code we immediately fixed it and made the fix freely available to all. This is what smooth means when he describes the Monero launch as fair. As dga says, at most thankful_for_today would've had a week of advantageous mining, but as our difficulty retargetting worked just fine and we didn't have crazy high initial block rewards there was very little that
the scammer thankful_for_today could've made off with.
Note that these are all facts, directly observable by comparing increases in difficulty (ie. network hash rate) with the improved hashing code submitted to github. It does not require trust, it does not require anyone to take our word that coins have been sold or distributed, it is not based on hope. It is absolute, truthful, factual, verifiable by all.
...
Smooth is trying really hard to hide the truth.
Was it because he was stuffing his pockets while pointing others to crippled miners and op links to clients that didn't work? Then while others were saying stop and relaunch, he was saying - no lets wait a few more weeks.
I know dear reader, having been "lucky" to get at least 10% of the coins in the first week, why would he want to give away his bounty to make it fair to everyone else?
Maybe, Smooth motherfuckers, sound like scam motherfuckers, to smart motherfuckers.
lol
And how about that code that was injected in to cripple mining for everyone but the chosen few?
so here's the scoop
yeah so from what i can tell
blockchain_storage.cpp and/or the rest of the daemon is calculating the coinbase tx subsidies in different ways
it wasn't an issue before, but two hours ago i tried to spend pretty much everything at one of my coinbase tx and the tx hit the network
trying to figure out what in the fork code broke this right now.
so, should we stop mining or what?
i just found a block few hours back
The current situation is that someone disabled mempool and forked the chain so that the invalid tx doesn't get in the way. But the difficulty hasn't changed much so blocks are being found much more rarely than 1 minute. So you can mine, it's just very slow. A few people are on the freenode channel trying to solve the cause of the problem.
The harder he tries to make it sound legit, the more the Proven Monero Scam Launch stinks.
lol.