3 ms·

Bitcoin is not one of the scams with no working software I was talking about. The information comes from a leveldb database you can download from peers after i

• thaumasiotes 7y ago
  > Bitcoin is not one of the scams with no working software I was talking about. OK, why'd you use this example as your entire response to "how do people know who has how many coins, for a coin which has reportedly never shipped a working binary"? Can you answer the original question instead of linking an unrelated bitcoin topic?
• zelly 7y ago
  > "how do people know who has how many coins, for a coin which has reportedly never shipped a working binary"? They have a MySQL type database that stores IOUs for the people who bought the ICO tokens. They promise to deliver the actual coins once they finish the software, which in many cases has never happened. Others are less egregious than this and have working binaries on a testnet--the future main network is promised to deliver the actual functionality. There are a few coins (Cardano, EOS) worth multiple billions that don't have a mainnet or a working wallet.
  • jki275 7y ago
    Cardano certainly has both a working mainnet and a working wallet, and has for a couple of years. They are also running a testnet for their staking capability, which will promote to the main net eventually -- but claiming they're not running a live net and don't have a wallet is absolutely incorrect.
  • Canada 7y ago
    EOS mainnet launched in 2018 and it certainly has wallets. As far as I can tell it does what they said it would do.