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RE: Is Tauchain Agoras in Good Hands?

tauchain is scam or not that only time will tell, but they blabber so much and that is not a good thing at all. there is a saying by great indian poet rahim:
"Bade badayi na karein, bade na bolein bol,
Rahiman hira kab kahe, laakh taka hai mol.

which translates to: Great people do not praise themselves just like the diamond never speaks its price itself."

the log that you attached, in there ohad is praising himself, that is not a sign of great man. he praises himself like he is compensating for others not praising him enough.

coming to tauchain they first created problems that do not even exist now they are working to solve them. they once said tau donsn't need a coin but went with a presale. they are full of outlandish claims and contradictions.

as far as master of all trades goes, it is good that ohad learns too many things but they all make sure that he will never be a master at any of those like @dan.

further i would like to warn you that projecting your decisions that it is not a scam is not good at all specially at this timephase, you can become the next @trevonjb.

stop promoting everything that you got fooled into.

here is a much detailed anatomy of tauchain.

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First of all, this is not even close to Bitconnect, it's almost an insult lol. I easily took hundreds of hours studying this project and its related materials. Tau doesn't need a token at all, that is just going to be like the Internet. Agoras, on the other hand is a marketplace on Tau and it's the closest to being able to invest in it. He was very clear from the start about this arrangement so I'm not sure where you're saying what you're saying unless you're just repeating what other naysayers are saying.

As for your perception that he's self praising, I seriously don't know what to say about that. Maybe it's whatever culture you're in that gives you that lens. To me, it's certainly more just like a passing comment about him being there before commercial industries make buzzwords out of some of these professions.

Thanks for your warning though, appreciate it. But I just honestly think it's unwarranted. Check out the github and the recent slew of posts. There has been a breakthrough since December 2017. Also, whoever wrote the bravenewcoin article clearly didn't understand the project by the way. My opinion is that it's more much likely fail in practice (as in user behaviour) than being a scam.

lets hope that the concerns are unwarranted and everything goes as they say. i did not mean to offend and i agree that they are not outright scam like bitconnect, but there idea has a lot of outlandish claims which they might not be able to deliver at all.

i will not take them as ready at this point for being recommended as investment by anybody apart from some person involved with the project.

i must admit that his messages in chat felt like bragging and offending at the same time. so perhaps i went overboard a bit in not liking this guy.

my handwritten datatsructures will be x10 faster at least.

im writing fast sw since people around were in highschool if born even

Appreciate the concern, it's understandable. Personally, I don't think it's outlandish. It's quite a logical and non-trivial implementation. Haha, btw I don't think he was bragging. It's just what he has been doing all along. Being able to reduce 7000 lines of code into 200 lines for one of the components really takes deep skills to be able to pull it off.

Yes Tau is high risk. It is also high reward. It's one of the most ambitious projects in the crypto space. That is the point and why so many people want to support it.

Huge difference. How can you compare Tauchain to Bitconnect? Bitconnect promised to pay people back some loan, and promised some rewards to people who gave loans. There is a case that can be made that Bitconnect is a security because profit sharing was promised.

Ohad has never promised us any kind of profit sharing. There was no agreement that I'm aware of to get any percentage of any profit from anything Ohad does. I cannot speak for everyone but only for my own support of the Tauchain project. I consider it supporting science, and realize that the only thing promised by Ohad is to deliver functioning code.

The article you cite is of course years old. It discusses a previous iteration of Tau which isn't the one we are talking about now. It's by some random programmer who didn't grasp or understand Tau but this doesn't mean no programmer other than that programmer understands Tau enough to want to support the effort. Tau doesn't need a coin and doesn't have a coin. Agoras is the coin we purchased and Tau is being developed in order to launch Agoras (it was a token sale not an ICO).