I told you so: @SECGov has now classified $ALGO as a security. The next step is to prosecute the ring leaders and benefactors of the #Algorand insider trading schemes.
sec.gov/news/press-rel…
English
AlgodMonitor
1.2K posts
Far from ‘green’ and ‘sustainable’, it’s a poorly engineered beta, not useful for even a single enterprise use case. Far from scalable and decentralized, “solving the ‘blockchain trilemma’” is an $ALGO marketing lie. Enjoy the conference in #Dubai, you witless fools.
English
Waste bin of worthless data; imagine making thousands of copies of receipts, rather than the relevant parties keeping 3 copies, and every time a new server comes online, they sync every transaction for all of time. #Algorand is worthless, will never be used by intelligent people.
English
@BartledooCorp If you’re NOT laundering treasury funds to early investors and manipulating token price on low volume by dumping on retail you’re #NGMI in #Crypto. Also register a company the British Virgin Islands & tell investors it’s all good, claim it’s outside US jurisdiction </sarcasm>
English
@EldarDRM @AlpacaCrypto1 @THECHAINMEDIA @JohnAlanWoods You should really know how to perform host lookup against the addresses identified in the SRV records if you have such a large investment in $ALGO, and spend all of your time shilling their marketing lies… It is the opposite of decentralized.
AlgodMonitor@AlgodMonitor
@CoinTwink @EldarDRM @AlpacaCrypto1 @THECHAINMEDIA @JohnAlanWoods Sure — you can run a lookup on the SRV records and see for yourself. $ALGO is a centralized database controlled by a few select parties. They will drain the treasury before they ever get anywhere near “decentralization”. whatsmydns.net/dns-lookup/srv…
English
@AlgodMonitor @AlpacaCrypto1 @THECHAINMEDIA @JohnAlanWoods This is not factual. Pls provide evidence when making statements. Positive or negative.
English
$ALGO is fast.
$ALGO is scalable.
$ALGO has state proofs.
$ALGO has zero forking.
English
@BunsanMuchi @chrisswenor @therealjpmiller @Algorand @vestige @HumbleDefi At #ETHNewYork
Me: “So what’s with the big APY on $VEST?”
Chris: “Oh.. haha, I am pretty sure I own more of that token than anyone at this point!”
As stated, it was one of the many reasons I left this ecosystem. Actions by insiders at the $ALGO foundation are equally atrocious.
English
@AlgodMonitor @chrisswenor @therealjpmiller @Algorand @vestige @HumbleDefi I often read your criticism as valid. There's A LOT to improve in the ecosystem. But attacking a person that oftentimes calls for change and for that to give more power to individual users seems to me as conspicuous.
The rest I can't comment on since I wasn't there. 3/3
English
@iBUKAR3L I was facing targeted harassment before, which is why I stoped speaking the truth about what is going on here. I will leave again, I do not want to risk physical harm by the people who are running this operation.
English
He’s back!
AlgodMonitor@AlgodMonitor
@EldarDRM @AlpacaCrypto1 @THECHAINMEDIA @JohnAlanWoods It’s not a decentralized network it’s all running in public cloud providers. Not hard to make a SQL database in a public cloud provider that can process a large transaction volume… it’s all marketing hype and lies.
English
@BunsanMuchi @chrisswenor @therealjpmiller @Algorand @vestige @HumbleDefi Every screenshot it of @HumbleDefi that @chrisswenor ever posts has $VEST selected as the token being traded. This activity is likely illegal, very clear market manipulation and collusion to inflate price of an asset which he has a a very large stake in “more than anyone” he said
English
@BunsanMuchi @chrisswenor @therealjpmiller @Algorand @vestige @HumbleDefi Sure, they independently decided to put 250% APY on the token their boss just happens to have a very large stake in. If you’re claiming there was no influence or internal discussion and it “just so happens” to be so, that is a very weak argument.
English
@eviszen @EldarDRM @AlpacaCrypto1 @THECHAINMEDIA @JohnAlanWoods Yes, it’s all publicly visible in the DNS records. Just have to run a lookup on each host address.
AlgodMonitor@AlgodMonitor
@CoinTwink @EldarDRM @AlpacaCrypto1 @THECHAINMEDIA @JohnAlanWoods Sure — you can run a lookup on the SRV records and see for yourself. $ALGO is a centralized database controlled by a few select parties. They will drain the treasury before they ever get anywhere near “decentralization”. whatsmydns.net/dns-lookup/srv…
English
English
@BunsanMuchi @chrisswenor @therealjpmiller @Algorand @vestige @HumbleDefi Appreciate the relay — can you please elaborate? This statement is unclear
English
@AlgodMonitor @chrisswenor @therealjpmiller @Algorand @vestige @HumbleDefi That's actually false, the high APY was due to use committing an initial amount team members (myself and Greg) had before the token re-launch in a short amount of time to make up for the new tokenomics. We talked about this openly in our DC.
1/X
English
@RDInitiativMB @EldarDRM @AlpacaCrypto1 @THECHAINMEDIA @JohnAlanWoods Very easy to verify, just run a lookup on the hosts addresses in the DNS records. I can post a report showing the addresses for you later. Busy day here though —
twitter.com/algodmonitor/s…
AlgodMonitor@AlgodMonitor
@CoinTwink @EldarDRM @AlpacaCrypto1 @THECHAINMEDIA @JohnAlanWoods Sure — you can run a lookup on the SRV records and see for yourself. $ALGO is a centralized database controlled by a few select parties. They will drain the treasury before they ever get anywhere near “decentralization”. whatsmydns.net/dns-lookup/srv…
English
@AlgodMonitor @EldarDRM @AlpacaCrypto1 @THECHAINMEDIA @JohnAlanWoods Lots of bit statements but you don't provide any data to back your claims.
But there is plenty of data that contradicts and even annihilate your claims.
If you do have legitimate concerns, you might want to consider providing data, then making statements and claims.
English
@EldarDRM @AlpacaCrypto1 @THECHAINMEDIA @JohnAlanWoods The Software falls apart and the nodes panic/become flooded with errors in event of any network issues. The relay nodes cannot function in proficiently under real world conditions, only in a pristine environment. Relay nodes are inefficient and cannot scale, thus only 109 exist.
English
@AlpacaCrypto1 @AlgodMonitor @THECHAINMEDIA @JohnAlanWoods Does this cut the mustard with you?
reddit.com/r/algorand/com…
English
@chrisswenor @therealjpmiller @Algorand @vestige @HumbleDefi You’ve stated that you worked at the $ALGO office in Boston before the L1/mainnet token launch. These improper business dealings seem to be the norm in this industry. I am very glad that I left. As stated, I am very disappointed.
English
@chrisswenor @therealjpmiller @Algorand @vestige @HumbleDefi What makes you think this is acceptable behavior, or even legal? Very disappointed to see you continually pumping your bags here on Twitter. You’ve posted many screenshots of your DEX with $VEST token selected. I really expected more from you.
English
@CoinTwink @EldarDRM @AlpacaCrypto1 @THECHAINMEDIA @JohnAlanWoods You have to run a nslookup against the hosts. I can show you how to do it, busy now though.
English
@CoinTwink @EldarDRM @AlpacaCrypto1 @THECHAINMEDIA @JohnAlanWoods Sure — you can run a lookup on the SRV records and see for yourself. $ALGO is a centralized database controlled by a few select parties. They will drain the treasury before they ever get anywhere near “decentralization”.
whatsmydns.net/dns-lookup/srv…
English
@EldarDRM @AlpacaCrypto1 @THECHAINMEDIA @JohnAlanWoods It’s not a decentralized network it’s all running in public cloud providers. Not hard to make a SQL database in a public cloud provider that can process a large transaction volume… it’s all marketing hype and lies.
English
@AlpacaCrypto1 @AlgodMonitor @THECHAINMEDIA @JohnAlanWoods Ok so last March SIAE minted 4m music NFT's in space of 2 days on #Algorand, this in turn caused peak of 19.4m tx in space of 24h.
Surely that is as good test as any.
algorand.com/resources/ecos…
English
@CoinTwink @EldarDRM @AlpacaCrypto1 @THECHAINMEDIA @JohnAlanWoods It’s all in the DNS records, I can show you how to look it up. Major changes needed to the software if they ever want to make a truly decentralized network. The fools out here pumping marketing hype have no idea how it actually works. They’re pumping their own bags.
English