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Message   August Abolins    Arelor   Book: Devil's Coin - Aug 8, 2023   April 23, 2023
 8:25 AM *   

Hello Arelor!

 A> Oh, so it was just "we are issuing a new cryptocurrency, go
 A> buy some from us"?

Pretty much. I don't know the full details of their mechanism,  
but I think they "simulated" currency gains on a local server,  
with promises that thy were going to go public soon, or  
something like that.  I'm surprised people bought into it at  
that early stage of its existence without "proof" of viability  
except for the pyramid-type payouts.


 A> Having no blockchain behind it is a moronn's move. People
 A> who wants to have a scam currency just uses premined
 A> blocks.

The tech sounds fascinating.  How to "start" or launch a  
cryptocurrency, etc.

-- 
  ../|ug

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