CPUcoin scam?

Message boards : The Lounge : CPUcoin scam?
Message board moderation

To post messages, you must log in.

AuthorMessage
Profile Petrctale

Send message
Joined: 25 Apr 20
Posts: 2
United States
Message 100753 - Posted: 15 Sep 2020, 18:29:28 UTC

I recently came across an article stating that they are dealing with David Andersen and have partnered with boinc to mine cpucoin to advance covid research. Saying it's using WCG Open Pandenic and Rosetta (no other projects) to earn coins. Seems to me there would have been some sorta announcement.
Is this true?
Any comments?
ID: 100753 · Report as offensive
Les Bayliss
Help desk expert

Send message
Joined: 25 Nov 05
Posts: 1654
Australia
Message 100757 - Posted: 16 Sep 2020, 9:09:43 UTC - in response to Message 100753.  

Where was this article? (Link if possible.)
ID: 100757 · Report as offensive
Profile Dave
Help desk expert

Send message
Joined: 28 Jun 10
Posts: 2515
United Kingdom
Message 100758 - Posted: 16 Sep 2020, 10:03:52 UTC - in response to Message 100757.  

ID: 100758 · Report as offensive
Richard Haselgrove
Volunteer tester
Help desk expert

Send message
Joined: 5 Oct 06
Posts: 5077
United Kingdom
Message 100764 - Posted: 16 Sep 2020, 17:35:47 UTC - in response to Message 100758.  

this?
Well, I've had a look at 'this', and I'm not convinced.

1) It is TRUE that WCG and Rosetta are assisting in covid-19 research using the BOINC platform. They are doing this anyway, irrespective of any coin tie-in.

2) There has been no explicit endorsement of, or collaborative development with, CPUcoin by the BOINC community at large. [There may have been contact with David Anderson individually - his name is mentioned - but that's a different question].

3) The CPUcoin team seem to be willing to watch you run the specific named BOINC projects, and award you coin (no mention of how much). There's no mention of any technical link between BOINC and CPUcoin in the 'Security & Data Flow Document'.

Personally, I'd simply run BOINC as normal, and leave all the self-promotion out of it. But explore if you wish.
ID: 100764 · Report as offensive
Profile Dave
Help desk expert

Send message
Joined: 28 Jun 10
Posts: 2515
United Kingdom
Message 100767 - Posted: 16 Sep 2020, 19:40:49 UTC

this?

Well, I've had a look at 'this', and I'm not convinced.


I wasn't convinced either but it is all that came up on a quick search.
ID: 100767 · Report as offensive
Profile Jord
Volunteer tester
Help desk expert
Avatar

Send message
Joined: 29 Aug 05
Posts: 15477
Netherlands
Message 100768 - Posted: 16 Sep 2020, 21:57:26 UTC - in response to Message 100764.  

3) The CPUcoin team seem to be willing to watch you run the specific named BOINC projects, and award you coin (no mention of how much).
They have a FAQ that mentions you will double your payout to 2 CPU per 24 hours. Whatever that means.

I asked David how, what. Let's see what he answers.
ID: 100768 · Report as offensive
Profile Jord
Volunteer tester
Help desk expert
Avatar

Send message
Joined: 29 Aug 05
Posts: 15477
Netherlands
Message 100769 - Posted: 17 Sep 2020, 0:14:42 UTC

David Anderson wrote:
"Partenered" is perhaps too strong a word,
but I did talk with them about what they're doing.
So not a scam.
ID: 100769 · Report as offensive
Richard Haselgrove
Volunteer tester
Help desk expert

Send message
Joined: 5 Oct 06
Posts: 5077
United Kingdom
Message 100771 - Posted: 17 Sep 2020, 9:38:36 UTC - in response to Message 100769.  

David Anderson wrote:
I did talk with them ...
So not a scam.
The two are not mutually exclusive - the 'talk' doesn't sound like a full security audit.

The website - while full of impressive jargon - is actually rather short on practical, working, detail. [But with much better spelling and grammar than most scams]

I'd assume that, since you have to download a 'miner' app, some of your CPU power will be diverted in their direction.
ID: 100771 · Report as offensive

Message boards : The Lounge : CPUcoin scam?

Copyright © 2024 University of California.
Permission is granted to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1.2 or any later version published by the Free Software Foundation.