Anyone here who knows about Deuscoin?

in cryptocurrency •  7 years ago  (edited)

They claim to be based on Litecoin, but their website does not offer any further information on the use, technology, security and as far as I can see, it does not bring anything new to the industry (unlike for example , Etheruem with it smart contracts, Monero with its zero knowledge concept, etc.). Also, they claim to be mining-free, but 1 million coins are created every single day, with a halving duration of 50 days (don't ask me how these coins are created without mining, or who creates them).
Furthermore, there is a thread on Bitcointalk where some forummers have already alerted that the founders are the same scammers from the infamous Bitkingdom saga.

At the moment, it is not known if they are legit or not, but personally, until more information is released, I would put them on high SCAM alert. Too many useless and pointless altcoins are being created everyday, with the sole purpose of scamming the naïve population eager to jump on board the cryptocurrency bandwagon.
deus.jpg

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