Krypton Abandons Ethereum-Based Blockchain After 51% Attack
&gt; <i>My lead developer, Krypton-Dev, remains anonymous. I have known him and yet not known him for over two years now. Ironically, he is one of my best friends and the person whom I trust the most, by often placing the entire success or failure of Krypton in his very capable hands.</i><p>&gt; <i>Just two days ago, I did this very thing, trust this anonymous friend with not only my business and entire life savings (don’t get me started about using personal funds to found a startup!) but, also with the investments of everyone holding Krypton’s blockchain coin, KR.</i><p>&gt; <i>In a single sleepless night, Krypton-Dev coded this POS blockchain and Windows and Mac wallets for KR to be moved to. Can you understand why I trust this man with my business and KR holder’s investments? My admiration for his tireless dedication to Krypton knows no bounds.</i><p>Holy shit this is hilarious. My understanding from this article is that the founder is not a programmer, barely understands the technology, gave her life savings to someone she knows only as an online alias, who then used it to develop their own crypto currency, and thinks that a client rewrite in C will solve all of their problems. This is truly amazing.<p>Also, she considers this online persona her best friend. The founder is so far out of her depth, so naive, it hurts me to even consider that someone like this exists. The blog post is painful.