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Technology purist version: Is it a token on top of another blockchain? Yes -> scam. No -> Is it anything other than pure PoW? Yes -> scam. No -> Does it have

by tromp 4y ago

Technology purist version: Is it a token on top of another blockchain? Yes -> scam. No -> Is it anything other than pure PoW? Yes -> scam. No -> Does it have a ICO/premine/instamine? Yes -> scam. No -> Do miners get less than 100% of block subsidy? Yes -> scam. No -> Is the source code mostly cloned from another project? Yes -> scam. No -> Is majority of supply emitted in first few years? Yes -> scammy. No -> Do creators have any expected financial gain? Yes -> scammy. No -> Maybe not a scam.

rvz 4y ago
So essentially this [0] isn't totally a scam then? Ever since many Bitcoin clones and source derived projects with no other changes other a renaming, re-branding, block-size and tweaks and also now especially with Ethereum-based tokens that have proliferated, so did the scams. Nano seems to qualify as 'not a scam'. [0] http://nano.org http://nano.org
SkyMarshal 4y ago
Do the creators and bag holders hijack every possible thread and discussion to shill their coin all over social media? Yes -> scam. No -> Maybe not a scam.