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As someone from that era, this seems much worse. It just seems like a scam to me. I keep noticing this trend that whenever there's a sudden drop in the price of
by microwavecamera 9y ago
As someone from that era, this seems much worse. It just seems like a scam to me. I keep noticing this trend that whenever there's a sudden drop in the price of a cryptocurrency the exchanges in question conveniently go offline. Seems a little more than coincidental. It's too easy to manipulate. Especially with the new trend of ICO's offering a "new" cryptocurrency built around their exchange. What happens to the currency if the exchange goes belly up? Plus they don't even have it working yet. No code, nothing. Even the write up in the article seems suspect.
"It would be able to process millions of transactions per second with no transaction fees."
"...namely transparency, security, process integrity, speed and lower transaction costs"
Which is it? None or lower? And lower than what? Pick one! It's like the old adage "A fool and his money are soon parted." If it sounds to good to be true, it's because it is.