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Topic: [WARNING] DRK Defi- Plagiarized Whitepaper (Read 736 times)

member
Activity: 1190
Merit: 60
Bounty Campaign Manager
November 01, 2020, 10:43:12 AM
#31
That everyone saw the red trust, after I published the topic, and opened the flag, I waited a week or so, and wrote in the group, the answer was cool, almost everyone began to defend them with the words " and what is plagiarism? Many projects use plagiarism, etc." that is, EVERYTHING is ABSOLUTELY the SAME, they do not understand that they are paid a penny, they are lured out, thanks to them, larger amounts from other people, this is sad..
unfortunately, many people are stupid and blind, chasing a couple of pennies, they can miss out on a lot more, not thinking about their reputation, not realizing that it can bring much more profit by earning it, but they are blinded by these pennies,
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
October 16, 2020, 06:16:17 AM
#30
Since their bounty campaigns started on September 20th and @Draken.Group got tagged almost immediately (September 21st), somehow i doubt that they didn't notice tags, but majority  simply decided to ignore it. Just another proof that an average bounty hunter doesn't really care whether something is legit or not, as long as he gets his precious tokens.

Imho, in this case it would be the best to send PM to all those that are still wearing signature, warning them about the consequences of promoting a blatant scam. At least that's what I did in similar cases.
Many do not care about the red tag given to their manager because hunters are now greedy for valuable tokens.
In fact I also doubt this exchange and will never use it I will try to help my friend who joined this bounty to stop immediately if it is still running or get out soon before he becomes a victim or does not promote shady projects.
legendary
Activity: 1722
Merit: 5937
October 16, 2020, 05:47:09 AM
#29
Isn't @Draken.Group the bounty manager of the campaign or do they have someone else managing bounty?
He is the bounty manager, they didn't hire someone else, they decided to run it by themselves. Any decent manager wouldn't accept hosting their campaign anyway since they plagiarized whitepaper.


Anyways I think almost all those who are wearing their signature will be removing it once they see this topic or the red trusts that the bounty manager has now and won't risk getting tagged, but about other campaigns Facebook, Twitter and such can't do much about them since almost all of them are newbies and don't care much about their account while they can easily just create a new one, but I think still tagging members who are continuing to promote them despite the warnings could help reduce the number of bounty participants significantly.
Since their bounty campaigns started on September 20th and @Draken.Group got tagged almost immediately (September 21st), somehow i doubt that they didn't notice tags, but majority  simply decided to ignore it. Just another proof that an average bounty hunter doesn't really care whether something is legit or not, as long as he gets his precious tokens.

Imho, in this case it would be the best to send PM to all those that are still wearing signature, warning them about the consequences of promoting a blatant scam. At least that's what I did in similar cases.
member
Activity: 518
Merit: 33
October 16, 2020, 04:32:35 AM
#28


they still can do continue the bounty campaign.

cant the bounty manager just put the red colored text in the first page of bounty thread that the has a scam/plagiarism accusation?

if tagging bounty hunters sounds fair then it must be fair to tag the bounty manager as well.

Isn't @Draken.Group the bounty manager of the campaign or do they have someone else managing bounty?

Anyways I think almost all those who are wearing their signature will be removing it once they see this topic or the red trusts that the bounty manager has now and won't risk getting tagged, but about other campaigns Facebook, Twitter and such can't do much about them since almost all of them are newbies and don't care much about their account while they can easily just create a new one, but I think still tagging members who are continuing to promote them despite the warnings could help reduce the number of bounty participants significantly.
legendary
Activity: 3178
Merit: 1054
October 15, 2020, 09:31:18 PM
#27


they still can do continue the bounty campaign.

cant the bounty manager just put the red colored text in the first page of bounty thread that the has a scam/plagiarism accusation?

if tagging bounty hunters sounds fair then it must be fair to tag the bounty manager as well.
full member
Activity: 2324
Merit: 175
October 15, 2020, 09:01:05 PM
#26
I've checked the bounty thread there are still many bounty hunters, majority are newbies who are still promoting this potential scam projects, I guess it's time for DT2 and DT1 to start tagging these accounts, bounty hunters should be aware of the consequences of promoting scam projects.
Thanks for the alert @pilosopotasyo, I had almost forgotten about it. I am going to look through the accounts that are still wearing signatures and start tagging them tomorrow

Go for it sir I recommend that not only those wearing signature but those on social media campaign also they are propagating and promoting this scam site on social medias and recruiting investors, people promoting new projects should be made aware of the existing of the scam section so they can look and see if the project they are promoting is already tagged as a scam project.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
October 15, 2020, 04:16:42 PM
#25
copper member
Activity: 2170
Merit: 1822
Top Crypto Casino
October 13, 2020, 06:03:18 PM
#24
I've checked the bounty thread there are still many bounty hunters, majority are newbies who are still promoting this potential scam projects, I guess it's time for DT2 and DT1 to start tagging these accounts, bounty hunters should be aware of the consequences of promoting scam projects.
Thanks for the alert @pilosopotasyo, I had almost forgotten about it. I am going to look through the accounts that are still wearing signatures and start tagging them tomorrow
member
Activity: 952
Merit: 27
October 13, 2020, 05:56:39 PM
#23

It doesn't matter if the DRK team sent to them the tokens or not, the fact is they are still promoting scam. Do you have a link to the so-called manager's profile?

Edit:
Seen it. Also people promoting the scam should be tagged. Why are they promoting scam even after seeing the warnings?
I am going to post a huge warning in the thread and give them a couple of days to stop promoting scam or else they get negative tags

I've checked the bounty thread there are still many bounty hunters, majority are newbies who are still promoting this potential scam projects, I guess it's time for DT2 and DT1 to start tagging these accounts, bounty hunters should be aware of the consequences of promoting scam projects.
sr. member
Activity: 2254
Merit: 258
October 10, 2020, 09:46:54 PM
#22

Seen it. Also people promoting the scam should be tagged. Why are they promoting scam even after seeing the warnings?
I am going to post a huge warning in the thread and give them a couple of days to stop promoting scam or else they get negative tags

After reading this thread I did not think twice in taking out the signature code and replace it with another even if they claimed that they are already paying bounty hunters with Tron it's not worth it promoting scam project I don't want to be part of scam projects, the moment I found out they are fake project,
sr. member
Activity: 1190
Merit: 256
October 09, 2020, 06:57:47 PM
#21

I just found this thread after someone told me about it. Majority of the posts I made while wearing the signature were deleted by a mod so it got my attention.

I've now removed the signature, avatar and personal text and I promise never to promote it again.  After seeing their exchange: https://draken.exchange/ I was thinking it was a legit and didn't know of this thread until now.
copper member
Activity: 2170
Merit: 1822
Top Crypto Casino
October 09, 2020, 09:06:12 AM
#20
I contacted the Manager of the company about the suspicion of a Scam. He replied as follows (quote):

"Do or not is up to you.
But the DRK team already sent DRK & TRON coin to us, so we still running bounty program."
It doesn't matter if the DRK team sent to them the tokens or not, the fact is they are still promoting scam. Do you have a link to the so-called manager's profile?

Edit:
Seen it. Also people promoting the scam should be tagged. Why are they promoting scam even after seeing the warnings?
I am going to post a huge warning in the thread and give them a couple of days to stop promoting scam or else they get negative tags
copper member
Activity: 392
Merit: 1
October 09, 2020, 08:54:14 AM
#19
Scammers are moving on defi I think it's better to annalize the project first before participating and look deeper in the project specially whitepaper and the team
member
Activity: 728
Merit: 24
October 09, 2020, 07:29:40 AM
#18
I contacted the Manager of the company about the suspicion of a Scam. He replied as follows (quote):

"Do or not is up to you.
But the DRK team already sent DRK & TRON coin to us, so we still running bounty program."
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
October 08, 2020, 05:56:40 PM
#16
I also still suspect that DEX Draken is still relatively new and has a good daily volume, are they manipulative to that volume ??

And only DRK tokens have the highest volume so I think they can play behind with the volume now.
Scammers can easily manipulate the price and order book to trick newbies in to thinking that the token is not scam and therefore ending up buying it.
Here is an example of how scammers manipulated the token price: https://bitcointalksearch.org/topic/m.55097271 and then one day dumped the price in a matter of minutes: https://coinmarketcap.com/currencies/tweebaa/
It's true we can take an example like Tweebaa which at first can be trusted because the highs go up every second, but who would have thought everything changed the developer had planned all this so this was a manipulation planned from the start.

Therefore, with projects that have made mistakes, including plagiarism or fake volumes that don't make sense, then it patu long before being trapped in it.
copper member
Activity: 2170
Merit: 1822
Top Crypto Casino
October 08, 2020, 05:40:46 PM
#15
I also still suspect that DEX Draken is still relatively new and has a good daily volume, are they manipulative to that volume ??

And only DRK tokens have the highest volume so I think they can play behind with the volume now.
Scammers can easily manipulate the price and order book to trick newbies in to thinking that the token is not scam and therefore ending up buying it.
Here is an example of how scammers manipulated the token price: https://bitcointalksearch.org/topic/m.55097271 and then one day dumped the price in a matter of minutes: https://coinmarketcap.com/currencies/tweebaa/
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
October 08, 2020, 04:48:23 AM
#14
--
From the look of things, The Draken team rep on the forum too, don't care. I wonder how they spin up a DEX (with around 10K+ ETH daily volume) but don't take out time to write about their whitepaper.  Has anyone sent them a PM regarding the flag?

I also still suspect that DEX Draken is still relatively new and has a good daily volume, are they manipulative to that volume ??

 And only DRK tokens have the highest volume so I think they can play behind with the volume now.

 This is if there is time and is valid then the project will be unique, not detected plagiarism but rather a project that copies from other content for the same concept.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
October 08, 2020, 03:21:03 AM
#13
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.

I'm not sure it'll be a wise option to tag all the bounty participants as majority of them might not even know that a thread like this exists. Also, most doesn't care much about the authenticity of the project as long as they do get paid, they are good.

From the look of things, The Draken team rep on the forum too, don't care. I wonder how they spin up a DEX (with around 10K+ ETH daily volume) but don't take out time to write about their whitepaper.  Has anyone sent them a PM regarding the flag?


legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
October 04, 2020, 07:09:24 PM
#12
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.
It took a long time to collect usernames, but we already know that projects with neg-trust do not need to be followed even though they pay using TRX, but I'm not sure if the DRK token will be paid so it needs more consideration, I don't know if  this is a bot because there are still many newbie users who promote it.
legendary
Activity: 2338
Merit: 1261
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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