I see some MAJOR red flags with this coin, yet nobody seems to be talking about. In fact, people are shilling this coin like no other.
- No open source code.
IMO, this goes against everything cryptocurrency is about and makes it impossible for anyone to validate/disprove their outrageous technical claims.
- No whitepaper.
Before everyone jumps down my throat saying.. BUT THERE IS A “NON-TECHNICAL” WHITE PAPER, please go and read the non technical white paper. You will lose brain cells. It’s a bunch of made up terms with no actual details of implementation which. Isn’t the whole point of a whitepaper supposed to explain how things work? The XBY whitepaper reads like a parody of white papers while throwing out made up terms with no substance.
- A single anonymous developer
This developer claims he wants to remain anonymous. While at the same time he refuses to open the source code because he doesn’t want any ripoffs. Seems like a double standard to me, if he wanted to remain anonymous he would wait until he was done with his work and let his work speak for itself. People judge crypto projects on two things: the development team and the tech. He is refusing to show either while at the same time...
- Unparalleled Shilling
How can the XBY team make such ludacris claims without any tech developed yet? This is all “theoretical” numbers yet nobody can dispute their claims because there is no code or whitepaper.
So to recap, this coin with a single anonymous developer, with 0 code and no whitepaper is claiming to be the best cc on the market and is hyping up these points to no end. Why? Why not wait until release? It’s so incredibly shady
And yes, I have head there is a “testnet”. Guess what I also found out when I researched the testnet? It was private and I couldn’t join. So once again, we are just supposed to trust their outrageous shilling with ZERO evidence of tech and ZERO evidence of their outrageous claims.
As always feel free to invest your money where you want, but way too many noobs come into this community and are suckered into believing whatever the shills say and they don’t have the tools to objectively evaluate a project, so please share if you found this useful. If I was wrong, please feel free to PROVE me wrong and not just reiterate the XBY excuses for failing to prove a thing.
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