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Topic: [WARNING] DRK Defi- Plagiarized Whitepaper - page 2. (Read 742 times)

legendary
Activity: 2366
Merit: 1272
Heisenberg
October 04, 2020, 06:07:52 PM
#11
Until now I still see many people promoting this project, if this project is a scam, why don't those who promote it get red trust Huh I don't even see any defense from the team regarding this thread
They are probably bots and users who don't care about any warnings. They don't even care if they are paid by the scammers or not but if you are willing to help list all users who are promoting the project in this  thread. I Will tag them.
sr. member
Activity: 1414
Merit: 255
October 04, 2020, 05:41:16 PM
#10
Until now I still see many people promoting this project, if this project is a scam, why don't those who promote it get red trust Huh I don't even see any defense from the team regarding this thread
newbie
Activity: 1
Merit: 0
September 26, 2020, 06:49:13 AM
#9
After I read DRK white paper carefully, I realize that PoH is not a plagiarized part. You can read this paper "Delegated Proof of Reputation: a Novel Blockchain Consensus" carefully to get more information. As I understand, DPoR and PoH is the same consensus algorithm. They both use Hodge Rank to ranking blockchain node. In my opinion, the main difference between DPoR and PoH is the DPoR will choose top-n voted-delegates to become the block producer who validate transaction, create new blocks and maintain the network and the PoH is not.  In simpler terms, DPoR ~ DPoS and PoH ~ PoS but they use another ranking algorithm.  Moreover, page 13 of Draken White paper, they reference Delegated Proof of Reputation: a Novel Blockchain Consensus so I strongly believe PoH ~ DPoS but DPoS can be considered as "semi-decentralization" and PoH is totally decentralization. Honestly, I not sure DRK project is the scam project or not but the introduced ecosystem impressed me very much. I don't know when they release DRKakao maybe it gonna be the amazed dapp.
member
Activity: 1190
Merit: 60
Bounty Campaign Manager
September 21, 2020, 04:37:36 AM
#8
Additionally I will put some red paint on the account. I hope other DT members will support and tag the account too.

Opened the flag, hope for your support

One last thing -- the link to the flag:

https://bitcointalk.org/index.php?action=trust;flag=2345

It is active already so there's not much else to be done. I think the bounty hunters are going to be wasting their time, perhaps hoping to sell some tokens even knowing its likely to be a scam. But what's equally as likely is the tokens are never worth anything or they don't get anything at all. The warning signs are now in place for them to see so if they ignore them, well, it's their loss.

@Shef198911 this was a good find, keep up the good work and don't hesitate to do the same for other projects you find to be scammy.
Thank you, I try to throw off all suspicious people here for a General solution before painting the trust
legendary
Activity: 3010
Merit: 8114
September 21, 2020, 04:34:25 AM
#7
Additionally I will put some red paint on the account. I hope other DT members will support and tag the account too.

Opened the flag, hope for your support

One last thing -- the link to the flag:

https://bitcointalk.org/index.php?action=trust;flag=2345

It is active already so there's not much else to be done. I think the bounty hunters are going to be wasting their time, perhaps hoping to sell some tokens even knowing its likely to be a scam. But what's equally as likely is the tokens are never worth anything or they don't get anything at all. The warning signs are now in place for them to see so if they ignore them, well, it's their loss.

@Shef198911 this was a good find, keep up the good work and don't hesitate to do the same for other projects you find to be scammy.
member
Activity: 1190
Merit: 60
Bounty Campaign Manager
September 21, 2020, 04:25:11 AM
#6
Very good @nutildah and @Shef198911,

The next step would be to open a Type 1 Flag against the representative account. Suggest the OP to do the same and follow this in any future reports.

There is no doubt that this project is a scam and will continue to fool some innocent people into losing their money. The flag will give a banner shaped warning to both logged in and logged out users.

Additionally I will put some red paint on the account. I hope other DT members will support and tag the account too.

Opened the flag, hope for your support
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
September 21, 2020, 04:17:51 AM
#5
Very good @nutildah and @Shef198911,

The next step would be to open a Type 1 Flag against the representative account. Suggest the OP to do the same and follow this in any future reports.

There is no doubt that this project is a scam and will continue to fool some innocent people into losing their money. The flag will give a banner shaped warning to both logged in and logged out users.

Additionally I will put some red paint on the account. I hope other DT members will support and tag the account too.
member
Activity: 1190
Merit: 60
Bounty Campaign Manager
September 21, 2020, 02:31:50 AM
#4
Now the next thing to do is to check the rest of the whitepaper. Just the blockchain part can be copied and this does not immediately mean the rest of the paper is copied. Since the description of blockchain is present and copied from other places does not mean the project to be directly a scam, though I am not shoving off that possibility.

Another way to explain what I say is that someone can copy the Bitcoin whitepaper pages and post a few pages on their whitepaper as "What is Bitcoin" - as an introductory page to their whitepaper. Now Bitcoin is open-source and allowed to be copied. Other project whitepapers are not.

In other words, the rest of the whitepaper needs to be checked and accordingly declared scam or not.

I checked not only the part from the blockchain, I checked the very end in parts, I wouldn't just send it
legendary
Activity: 3010
Merit: 8114
September 21, 2020, 12:52:18 AM
#3
In other words, the rest of the whitepaper needs to be checked and accordingly declared scam or not.

I found some additional plagiarized parts. They basically reworded an idea called "Delegated Proof of Reputation" as "Proof of Honor." It's a major part of their project.

From the white paper:

Quote
DRKchain considers each blockchain as a mini Internet architecture and each node as a website. Obviously, the Internet is a perfect decentralized environment. How do we search for information contained in millions of websites. PageRank is a well-known algorithm that Google uses for its Search Engine. The rationale behind ranking is that connection and linkages make value of any network. A node within a network is important somehow if there are linkages that refer to it. More referring linkages, more important a node seems to be. Among millions of web-pages, relative importance of a page is evaluated by hyperlinks referring to it. PageRank mathematically models web pages as vertices and hyperlinks as edges of a directed graph, then applies an algorithm to score pages based on their edge graph, higher score, better importance. In general, the importance of a web-page is based on its content (its real value), and is fairly evaluated by PageRank. This is similar to a node in a blockchain, its value can be measured by its transactions.

From blockspace.info:

Quote
DPoR considers each blockchain as a mini Internet architecture and each node as a website. Obviously, the Internet is a perfect decentralized environment. How do we search for information contained in millions of websites. PageRank is a well-known algorithm that Google uses for its Search Engine. The rationale behind ranking is that connection and linkages make value of any network. A node within a network is important somehow if there are linkages that refer to it.  More referring linkages, more important a node seems to be. Among millions of web-pages, relative importance of a page is evaluated by hyperlinks referring to it. PageRank mathematically models web pages as vertices and hyperlinks as edges of a directed graph, then applies an algorithm to score pages based on their edge graph, higher score, better importance. In general, the importance of a web-page is based on its content (its real value), and is fairly evaluated by PageRank. This is similar to a node in a blockchain, its value can be measured by its transactions.

They also copied content about ring signatures from a project called Incognito, and they also copied ideas about confidential Ethereum transactions from a project called AZTEC.

There's hardly any content on their website, no team, and no roadmap. This project seems like an outright scam to me. Absolutely no originality, just another copy/paste DeFi project.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
September 21, 2020, 12:09:25 AM
#2
Now the next thing to do is to check the rest of the whitepaper. Just the blockchain part can be copied and this does not immediately mean the rest of the paper is copied. Since the description of blockchain is present and copied from other places does not mean the project to be directly a scam, though I am not shoving off that possibility.

Another way to explain what I say is that someone can copy the Bitcoin whitepaper pages and post a few pages on their whitepaper as "What is Bitcoin" - as an introductory page to their whitepaper. Now Bitcoin is open-source and allowed to be copied. Other project whitepapers are not.

In other words, the rest of the whitepaper needs to be checked and accordingly declared scam or not.
member
Activity: 1190
Merit: 60
Bounty Campaign Manager
September 20, 2020, 09:36:07 AM
#1
What happened: [ DRK Defi] suspicions whitepaper contains plagiarized content

Scammers Profile: https://bitcointalksearch.org/user/drakengroup-2853342

bounty Thread: https://bitcointalksearch.org/topic/--5277035


Whitepaper Link: https://drive.google.com/file/d/1mHtV50CktdFCyD_NaH370sZ8sOBehgce/view

Are you serious ? you position yourself as a good company and can't define what blockchain is in your own words ?? in the screenshot below, the entire article is copied







further we can see from the screenshots that the information was taken from the site https://blockspace.info/754-2/



I checked only half of the white paper I don't see any point in checking further
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