Topic: SMART Coin Observer - page 7. (Read 16777 times)

I have no clue what Litecoin will do. All I know is if I have to baghold something I prefer it to be ltc.

You are right, only a few projects(Stratis&Lisk) use the escrow mode like you said, which releases partial fund after specific milestone has been done).

Most scam projects use poor escrows, best example is: Bittrex and breakout, breakout shit had 3 ico and scammed more than 700 BTC fund, their first ico was scam, but bittrex was still escrow for them, Bittrex only asks: normal blockchain, wallet and coin distribution,breakout finally released nothing on the roadmap and turned out to be a scam.

Another example: Opair scam and SebastianJu. Most people know this scam lied to escrow. Additionally, recent story of ASC team scammed 3 famous escrows(Lauda, yahoo and minerjones) by cheating a vague escrow term.

Bytecoin was very elaborate:

The dev used some buggery in the hash algo code which basically artificially slowed down mining (though not for him of course). At the same time, he claimed the coin had been used on the dark web for 2 years before announcing on the clear web (to justify why 2 years of coins had already been mined at launch). Then the devs went on to start MinerGate.

Interesting comparison but I think a 20% dev mining tax for 4 years (ZEC) is different than a 80% premine (BCN)

I prefer ZCL over ZEC and of course love XMR and dislike BCN

If you want to compare ZEC/ZCL compared it with BYTECOIN and MONERO
One is a scam the second a fork and see which one wins now ?

I tell you diss.  Ain't no penicillin' on this earf gon' touch the gonnorhea this coin got.  Its gonnorhea is itself infected wit' Lyme disease, which is in turn comin' down wit' AIDS.  This ain't no unnerstatement, this shit's ba-aa-aa-aad.  It don't take no microbiologist nor microeconomist ta know dat.  You all is gon' lose yo money fasta then a jerry-atric blue hair momma wit' Alzheimers an' takin Valium fo' sleep.  You be lookin' in the fridge for it.

All o' you who buy this crazap git wat you deserve, which is a little lighter inna fanny pack.

You can add syscoin to that list.. it may be the first merged mined coin with hash rates up to btc levels for fair tests of segwit.. it is on 0.13.2 with the next release in a few weeks.

Why do i want segwit in sys? Simple.. schnorr sigs for advanced multisig aliases. Also lightening networks will allow for auction types of.offers and other cool stuff.

So it seems that Doge is actually fairly conservative in terms of the number of coins being produced - $3K a day is not much for a popular international currency, such an amount is very small compared to some of the other counterparts. And the percentage goes down over time since it's a constant, which is at 4.9% now rather than 5.25% initially at the end of the launch.

I think there's definitely demand for micro transactions, which are not that feasible with Bitcoin due to the high fees, and since Doge costs only 1 DOGE per transaction, with the additional benefit of being much faster than Bitcoin, is there any other currency better suited for this purpose? Perhaps Litecoin, but there's not much else out there with enough adoption and community support to be practical.

SMART 24 index

btc   10800
ltc   190
xmr   81
dog   23
xcp   10
sc   9
nxt   7
ppc   7
sys   4
blk   3
dgb   3
dcr   2
aur   2
pot   2
clam   1
nxs      1
vrc      1
rdd      1
ftc      1
exp      1
vtc      1
eac      1
burst           1
qrk      1

---
_{*anything with marketcap above $1M and not on this list is NOT a coin/currency ... rather ICO/DAO/PREMINED and HIGH RISK}

Hey guys, for anyone interested in crypto chat, I am in a new Telegram group - https://t.me/goldcointalk

I have supported GLD when first delving into cryptocurrency in 2013, and there is a good network built around it.

I am also continuing to run the SmartCoin related sites, so if there is more interest in it, all the better.

Doge can be used on these sites:

https://muchmarket.com/
http://shibemart.com/
https://www.suchlist.com/
http://dogerr.com/

and on OpenBazaar with the Shapeshift integration.

In December 2016, China CERT released a 17-page security audit report of blockchain software. As per the report, the audit was conducted in October 2016 and released later as “open” document. The report examined 25 open-source blockchain projects, categorizing the vulnerabilities found into 9 classes. A total of 746 high-level attack vectors are detected. Ripple is rated the most insecure one with over 223 highly risky bugs.



http://news.8btc.com/blockchain-software-security-report-by-china-cert-ripple-the-worst

MaidSafe started back in 2006, predates Bitcoin and still hasn't launched a product.   That was warning enough back in 2014 ICO and should be a warning today.  Nevertheless, they must be very good con artists because there's still suckers lining up to give them money.

I'm surprised they had not made a top 10 list for vaporware scams.  They raised $7 million from their ICO and they also received millions pre-2014 (and even before Bitcoin was created).

Purevidz claims to be some type of censor resistant platform using torrents and a few other buzzword technologies to create a streaming content site similar to hulu or netflix but with pirated content.

Lets ignore the technology aspect of this scheme. Lets ignore that you already can get this content for free from a number of reliable sources including the censor resistant sites on zeronet (zeroplay, zerotv, zerotorrent.bit) Maybe you can't stream them yet, but again lets ignore all technology aspects, similar to their threads where they only focus on the money.

The center and most heavily promoted part of this scheme is the bounty system. Bounty is paid in vidz tokens. Bounty is used to request content and pay moderators off and pay for development. Because of the bounty aspect, it could be argued that the moderators and developers are generating money from illegal content, ie making money from pirated content. Because of the bounty aspect, it could be argued that owners of this token are propping up the value of their token through illegal content.

It seems to me that once you include money (the vidz tokens) with pirated content you have just opened yourself up to a whole new legal level of MPAA lawsuits. So the purpose of this thread is to discuss who will be liable and how will the MPAA take this?

I foresee the MPAA going after, very heavily,

any exchange that trades a token (who's sole purpose is linked to pirated content trading)
users who purchase the token
hosting companies who are paid via this token
legit businesses who wish to use this service but get paid bounties via this token
moderators who receive this token as form of payment.