RE: SMARTCASH - WHAT IS IT? AND WHY YOU SHOULD CARE!
So you're saying forked Zcash (a privacy-centric coin that fails quite miserably at being privacy-centric in my opinion), and plan to add concepts (copy/pasted source code too, I'm willing to bet) borrowed from Dash? At least Dash's mechanism of creating scarcity via the MasterNode system adds utility - whereas SmartRewards looks like nothing more than a blatant way to pump the price more easily.
I'm skeptical of the privacy feature, and will continue to be until it's passed peer review. I suppose it could use something like zeroknowledge proofs in the issuance of new coins when old ones are destroyed to break the link between old an new?
Their website has no whitepaper or any technical documentation - alarm bells are going off now. Their website doesn't link their Github or the source fode. For that matter, scanning through the recent commits on their Github does not significantly improve my impression of this coin.
I'm doing my best to find evidence of innovation (as opposed to marketing) on their part, but to be honest it looks and smells like a Pump n Dump shitcoin. Unfortunately, that doesn't mean it won't see astronomical gains (if anything makes it that much more likely), but attempting to profit from such gains carries the risk of becoming a bagholder.
I urge people to tread with caution. If it looks like a shitcoin and you notice a foul smell you can't quite pinpoint the origin of....
Disclaimer: I have never heard of this coin prior to today. I am sharing my impressions after researching it for about 10 minutes (my findings failed to justify a greater expenditure of my time). If anyone think I am wrong in my assessment, I hope we can debate any points of contention.
Do you think 10 minutes of research is enough? Can you even read my article with enough attention in 10 minutes, let alone read everything on their website and check all their links? It's hard to take anything you say serious when you say things like, "there is no link to their github page" when in fact there is a link on their website that goes directly to their github repository.
I agree with you that 10 minutes of research is not enough, hence the disclaimer that I had only just heard of it, looked at it briefly, and was sharing my first impressions. I must be blind because I just did a doubletake, and I can still only find the github repo link in the page source. I do find the the apparent lack of any technical information about how they implement/intend to implement various features very offputting, but I suppose all the technical information is hidden away somewhere separate from the marketing materials. Do you know where such information might be found?
You may be on to something with this, and I am definitely going to look into it in depth, especially considering it's not yet listed on any major exchanges. If it is legitimate, then my first impressions amount to a list of things they didn't right with their website (I'm sure their marketing person will disagree with me on that point).
I am particularly curious about the mechanics of the privacy features. As of today, only one pivacy-centric coin is truly private - Monero, but maybe that's about to change? That's not an assessment that can be made based on marketing materials though.
All good points... but to be fair, unrelated to the "being or not a shit coin" (in my view and considering your arguments for decision making). Some of top 50 coins (market cap) never had white papers, websites, nor any kind of social media sharing, when they have been announced and nevertheless people had believed in them (some not)... and now they are at the top.
I am not saying it is or not a good investment because I understand how hard is to decide on +500 new stuff every year... all I am saying is that it all depends!
Always do your own research... but I would also say, never stay sceptic to something just because it doesn't look that good. Be positive instead and try to find new information in it, that sometimes can work well to your advantage and help the community. I know there are lot's of scams and people trying to fake identities, but there are also lot's of people that are around these things just to win their buck, and those people sometimes will do whatever necessary to make things appear a certain way. Although... they might not...
Sometimes apparencies, elude!
Wise words, my friend. I could not have said it better myself.
No need to upvote your own comment to stroke your ego sir, it wasn't very valuable, but good on your for doing research. Sadly your research is pretty much incomplete and you already came to conclusions, big red flags there.
Anyways, maybe spend 15 minutes next time? Or maybe if you can spare, 17? Might find the answers to your questions there.
I would write an essay explaining them, but you've seem to have made up your mind.