It has a richlist that people can see everyones wallet amounts. Along with the transcations.
https://chainz.cryptoid.info/xspec/#!rich
Not only that:
The Top 1000 Holders of this SCAM control over 99% of the coins.
The Top 100 Holders of this SCAM control over 82.23% of the coins.
XSPEC is a scam and everyone knows it. It's NOT PRIVATE and the largest holders are trying to pump up the price with broken-English shill accounts, then once everyone realizes that it's a bigger scam than thought, the devs and holders will cash out.
It's simple.
With the use of a block explorer it is possible to view the transactions that have occurred on the public blockchain; this data can be used to compile a rich list. However, any such list is inaccurate, as Spectrecoin has both public and stealth addresses, and the stealth addresses are not visible on the public blockchain.
Once stealth addresses and transactions become default with the planned 2.0 update, the already inaccurate rich list information will become obsolete.
Also, that inaccurate "richlist" you have there also includes exchanges. Hardly a good argument.
Anyone that looks at your account/post history can see you're just a Monero investor that follows XSPEC threads around and posts annoying bolded red text "scam" alerts. Weird how the one project you actively try and get the word out that its a scam is almost a direct competitor to a coin you shill?
Not to mention you're literally saying that AFTER Spectrecoin makes privacy default and implements stealth staking that the "ponzi heads" will cash out? After they have a private coin with an innovative feature? That doesn't add up. Seems like you couldn't find a way to tie in your normal FUD to this thread topic so you just posted whatever your brain thought up first. I encourage anyone thinking about investing in XSPEC to do their own research, a lot of people that do end up investing because of the potential. If they fail to deliver on Stealth Staking then I would be worried, but that hasn't happened yet.