Topic: TrustUSD - Plagiarism - misleading and full of fake comments (Read 475 times)

They are also not in Telegram and some guy @BrendanViehman is in charge there now.

One thing about this MAYA crap that mildly interested me was the role of The Crypto Analyst in their pretty basic PR approach.
Apart from various prnewswire type press releases, Dahlke never used much in the way of third party shilling for his scam (apart from clumsy occasional alt accounts), except for the You Tube channel of The Crypto Analyst.
There's nothing special about the other vids released there, pretty basic and inaccurate pseudo TA droned out like on many other worthless channels, but what TCA did also do was continually shill any U.K. Financial scheme going, MAPR, MAYA, DFS etc.
It had minimal views and zero value, but I wondered where it fitted into the overall narrative.

"The Crypto Analyst" is Brendan Viehman a know nothing kid who claims, like all know nothing kids, to be
.
From looking at him, in 2011 he would have been about nine.
Anyway, nothing special, just another chancer in a crypto world full of them, but....

So, what is a short description of Maya Preferred?
Let's go with
"A pretend stablecoin listed on Saturn and Catex: minimal, low quality trading and no reason to exist other than P&D."

Now let's look at Viehman's Linkedin again

TrustUSD?
So, what is a short description of TrustUSD?
"A pretend stablecoin listed on Saturn and Catex: minimal, low quality trading and no reason to exist other than P&D."

TBC...

Indeed.
Apparently Kalen Dangerfield (the CEO of the non existent United Trust co, "the American made and regulated, fully transparent and registered to the US government company" that operates TrustUSD) has run off with the proceeds of his nice little Pump and Dump is taking extended time out from communicating with his sect-like Telegram followers, in order to write a 'Brand New White Paper'.
Maybe he's bought some text spinner software.

Supplying an additional plagiarism report on top of the accusations listed above. @notblox1, please update the original post and topic title with this new information.

I haven't checked the rest of the WP, reportedly there are more copy/pasted content from other sources. I think there is no need to give more evidence, above is more than enough.

The reason people are dumping is simple... they're reading this chat, watching you all scared and they know they'll be able to get you to panic sell and get filled lower... 

professional investors

I will not post in thier ANN topic and bump it up anymore.
It is full of 'trusd protectors'

One thing about this MAYA crap that mildly interested me was the role of The Crypto Analyst in their pretty basic PR approach.
...
"The Crypto Analyst" is Brendan Viehman a know nothing kid who claims, like all know nothing kids, to be
.
From looking at him, in 2011 he would have been about nine.
Anyway, nothing special, just another chancer in a crypto world full of them, but....

So, what is a short description of Maya Preferred?
Let's go with
"A pretend stablecoin listed on Saturn and Catex: minimal, low quality trading and no reason to exist other than P&D."

Now let's look at Viehman's Linkedin again

TrustUSD?
So, what is a short description of TrustUSD?
"A pretend stablecoin listed on Saturn and Catex: minimal, low quality trading and no reason to exist other than P&D."

I noticed that Amy has changed her telegram name to Rainbow Brite Amy (RainbowBrite85) and has not been seen since the 2nd of Jan and does not appear to be an Admin no more. I think she more then likely took their last pay of $200-$250 and packed it in. She knows it is a scam and tried to make me look like an idiot to have money and lead the others down a dark path of being scammed.

Edit: My suspicions where correct check out this https://ibb.co/C8pGcF6 she knew it was a scam all a long and did not care about anyone being scammed aslong as she got her money.... How evil.

Congratulations to the TrustUSD Team!!!
This one is going to make it!

This idea is phenomenal, and the people who are backing it up are strong! Only a matter of time before this explodes.

For example, to start off, 1 TrustUSD token is established to target $1 USD. TrustUSD could potentially
even eclipse the dollar and be updated to peg to a consumer price index (CPI), similar to how central
banks hit inflation targets today. The TrustUSD protocol accomplishes this by algorithmically adjusting
the supply of TrustUSD tokens in response to changes in, for example, the TrustUSD exchange
rate. This implements a monetary policy similar to that is also executed by central banks around the
world, except we operate as a decentralized, protocol-enforced algorithm, without the need for direct
human judgment as opposed to traditional banking algorithms.

For example, to start off, 1 Basis can be pegged to always trade for 1 USD. In the future,
Basis could potentially even eclipse the dollar and be updated to peg to a consumer
price index (CPI) or basket of goods, similar to how central banks hit inflation targets
today. The Basis protocol accomplishes this by algorithmically adjusting the supply
of Basis tokens in response to changes in, for example, the Basis-USD exchange rate.
This implements a monetary policy similar to that executed by central banks around
the world, except it operates as a decentralized, protocol-enforced algorithm, without
the need for direct human judgment.. 

Measuring Exchange Rates with Oracle Systems
Since the price of TrustUSD in the markets is exogenous to the blockchain, the system must rely on a
decentralized or centralized price oracle to estimate the true exchange rate. There are multiple ways
oracle systems can be implemented into TrustUSD:
• Trusted Feed. This method is the simplest method that allows a source to upload real world
exchange rates from large trustworthy exchanges to a smart contract.
• Decentralized Delegation Feed. This method isn't 100% decentralized, but it allows holders
of TrustUSD tokens to vote on a select number of price-feed uploaders. This method also can
prevent price manipulation by allowing token holders to vote out users with bad intentions.

Measuring the Exchange Rate
First, we explain how the Basis blockchain obtains the Basis-USD exchange rate. Since
this information is external to the blockchain, the Basis protocol must implement
what is known as an oracle system, i.e., a system that uploads outside information to
a blockchain. This can be implemented in several ways:
• Trusted feed. The simplest approach is to have a single feed that uploads
the real-world exchange rate to the blockchain, say from Coinbase, Kraken, or
another large exchange. This is obviously a point of centralization, but it bears
mentioning nonetheless.
• Delegated decentralized feed. A semi-decentralized approach is to select a
small group of feed uploaders by vote from holders of Basis... If any bad actor is consistently identified as trying to corrupt the
feed, they can be voted out of the system by coin-holders ..

I've never had success reporting these types of comments, but I did find plagiarism in the white paper and posted a warning there. Perhaps I'll tag some of the spammers that have receive a merit or two but I need to give them a bit more time to establish their pattern of spamminess.

Can some trusted members with higher ranks please tag and report all the people that are making fake posts in their topic?

Can't complain those are paid shills account bumping. Project having those activity are worst and cannot be trusted, though the coin have its price already, but its less than 1 usd having said that its a stablecoin. 

Supplying an additional plagiarism report on top of the accusations listed above. @notblox1, please update the original post and topic title with this new information.


What happened: Large parts of the TrustUSD whitepaper have been copied from Saga project (among others) word-for-word. No links to resources used.


TrustUSD Whitepaper:  https://unitedtrust.co/wp-content/uploads/2019/09/TrustUSD_EN.pdf
Archive:  https://web.archive.org/web/20200108123500/https://unitedtrust.co/wp-content/uploads/2019/09/TrustUSD_EN.pdf


Saga Whitepaper:  https://m.saga.org/static/files/p/--752c799b-b6b6-4e0f-bce2-6b9627a0539d_saga%2Bwhitepaper.pdf




I haven't checked the rest of the WP, reportedly there are more copy/pasted content from other sources. I think there is no need to give more evidence, above is more than enough.