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Topic: Scammed by Paycoin, looks like they were copying Ziftrcoin? (Read 2361 times)

newbie
Activity: 24
Merit: 0
The last days of the USD presale are here: https://www.ziftrcoin.com/presale/?with-cash

What are you waiting for? Have it now Smiley
newbie
Activity: 24
Merit: 0
Can I have a free Ziftrcoin?  Shocked Cheesy
sr. member
Activity: 249
Merit: 250
Quote
They're helping crypto and getting more adoption

This is a great case study of a company looking to incorporate crypto into their vertical.  Folks, we need more of this...we need to create more use cases of how mainstream companies are seeing the value of crypto because it's able to impact the bottom line.
hero member
Activity: 1540
Merit: 500
Ziftrcoin is legit. I go to their site and read some reviews and it all explains all my questions.

After reading into it I think they're very legit. Eventhough I wouldn't risk too much money in it but there are big guys supporting it plus they already have buyers who bought it. They're helping crypto and getting more adoption
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
Pst...we had cloud staking for MMXIV like 8 months ago. Anything he says is a lie lol

(It's also extremely insecure. He will get "robbed," most likely by himself)

He will get "robbed," most likely by himself ... LOL Cheesy ... the successful business model of Gox, Mintpal, possibly Stamp.

So cloud staking for MMXIV is ... ?
hero member
Activity: 854
Merit: 510
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Anyway if you look at the blogs it doesn't seem they are very committed to their ziftrcoin.

Just checked the blog and saw 2 new posts...check them out. I think the Sign to Mine is a great commitment to distributed networks that should be looked at more closely.

The problem is that if mining is too difficult a new coin dies pretty quickly.   
sr. member
Activity: 378
Merit: 250
Embrace change
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Anyway if you look at the blogs it doesn't seem they are very committed to their ziftrcoin.

Just checked the blog and saw 2 new posts...check them out. I think the Sign to Mine is a great commitment to distributed networks that should be looked at more closely.
newbie
Activity: 24
Merit: 0
Ziftrcoin is legit. I go to their site and read some reviews and it all explains all my questions.
hero member
Activity: 854
Merit: 510
Quote
Besides the ziftrcoin sign to mine idea is crazy.   No one is going to want to give out the private keys of a wallet to mine.
Totally incorrect, no private keys are given out...source, Sign to Mine section here: http://www.ziftrcoin.com/docs/ziftrcoin-whitepaper.pdf

If you are mining in a pool you have to give your private key to the pool, otherwise you can't be paid with the sign to mine.    What it does is force everyone to solo mine.   Again I think it is a crazy idea.   The whole point of it is to prevent pool mining.   Yes the whitepaper talks about new types of pools ...

Anyway if you look at the blogs it doesn't seem they are very committed to their ziftrcoin.


EDIT: Or else some other protocol could be used where miners only take the coins they are allowed.    I suppose the pool could take all the coins and send them later too.   Workarounds would be used if the coin is successful.  
hero member
Activity: 532
Merit: 500
Quote
Besides the ziftrcoin sign to mine idea is crazy.   No one is going to want to give out the private keys of a wallet to mine.
Totally incorrect, no private keys are given out...source, Sign to Mine section here: http://www.ziftrcoin.com/docs/ziftrcoin-whitepaper.pdf


That is used in Spreadcoin so to say: https://bitcointalksearch.org/topic/ann-spreadcoin-true-decentralization-no-pools-testing-new-masternodes-715435
http://spreadcoin.net/files/SpreadCoin-WhitePaper.pdf

"To prove knowledge of the private key and whole block there are two new fields in the block header:
MinerSignature and hashWholeBlock"


Read the whitepaper for more information, spreadcoin sourcecode is available also.
https://github.com/spreadcoin-project/spreadcoin/blob/4e085e8f3feba1c36cacf0355840f886c14a71ac/src/main.h#L1461 etc.
sr. member
Activity: 378
Merit: 250
Embrace change
Quote
Besides the ziftrcoin sign to mine idea is crazy.   No one is going to want to give out the private keys of a wallet to mine.
Totally incorrect, no private keys are given out...source, Sign to Mine section here: http://www.ziftrcoin.com/docs/ziftrcoin-whitepaper.pdf
hero member
Activity: 854
Merit: 510
Anyone looked into this http://ziftrcoin.com deal? It looks like the real deal as they have an actual team lead by a veteran tech wizard, Bob Wilkins and are plugging crypto into a large and existing network of shoppers and merchants.

Paycoin's strength was marketing and PR inside the bitcoin community, but they lack the management, product knowledge, existing staff, etc... to create it.   Ziftr's strength is in real ecommerce products that are totally outside the bitcoin space, hence they haven't gotten the hype like paycoin does.  Is it better to bring bitcoin into your product specialty? Or to use bitcoin to move into a new industry?

Huh?   Paycoin (xpy) exists and ziftrcoin doesn't exist.   Besides the ziftrcoin sign to mine idea is crazy.   No one is going to want to give out the private keys of a wallet to mine.   That means there won't be pools just some random solo mining.   It isn't going to be a healthy coin ever with that approach.   They will likely change it, but still ... how you copy something that doesn't exist?

Paycoin did copy plenty of concepts and things from other coins, no doubt of that.  Very altcoin has done that.   
hero member
Activity: 1540
Merit: 500
Ziftrcoin has nothing.

XPY has nothing either but at least it has community that'll hold your bag for you
newbie
Activity: 17
Merit: 0
"Re: Scammed by Paycoin, looks like they were copying Ziftrcoin?"

I wouldn't go around telling people ziftrcoin is the daddy of paycoin if you want to sell this stuff.

That's what you call shooting yourself in the foot.

That could easily get ziftrcoin tarred with the same shit coin brush as paycoin.
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
Pst...we had cloud staking for MMXIV like 8 months ago. Anything he says is a lie lol

(It's also extremely insecure. He will get "robbed," most likely by himself)
newbie
Activity: 24
Merit: 0
I can see that Ziftrcoin is better than Paycoin... Paycoin facing a lot of controversy right now.
member
Activity: 68
Merit: 10
"Re: Scammed by Paycoin, looks like they were copying Ziftrcoin?"

I wouldn't go around telling people ziftrcoin is the daddy of paycoin if you want to sell this stuff.

That's what you call shooting yourself in the foot.

Haha. This is a good point. I certainly did not mean to imply any relationships or make any accusations in either direction. Ziftr has nothing to do with the creation of this thread. I simply wished to answer another user's question regarding where on bitcointalk they could find more information about us.
hero member
Activity: 546
Merit: 500
AKA The Rubber Monkey
"Re: Scammed by Paycoin, looks like they were copying Ziftrcoin?"

I wouldn't go around telling people ziftrcoin is the daddy of paycoin if you want to sell this stuff.

That's what you call shooting yourself in the foot.
legendary
Activity: 1090
Merit: 1000
"Re: Scammed by Paycoin, looks like they were copying Ziftrcoin?"

I wouldn't go around telling people ziftrcoin is the daddy of paycoin if you want to sell this stuff.
member
Activity: 68
Merit: 10
where's the ann? If it doesn't ann here i'm not interested.

We've announced the presale with links to pertinent information and news articles about the coin here:
https://bitcointalksearch.org/topic/new-ziftrcoin-presale-launched-894605

Hopefully you'll find it interesting. We welcome any and all feedback and/or questions.
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