Charnacoin was a Monero clone that also cloned all of the original problems the early Monero code had. These issues led to a coin that would allow a great deal of double-spending. The only exchange, south exchange, stopped trading. The devs proved to be incapable of fixing the code. After many weeks, the coin resumed trading only to find the issues still existed. The devs promised updates and even a coin swap with the coin being moved to a new algorithm. This ultimately never occurred. The apparently incapable devs have been promising news of a relaunch every couple of weeks since the fall of 2017. These are continually delayed. The Charnacoin network is currently not working, the wallets are non-functioning, and no mining pools are in operation.
Is Charnacoin a Scam?
Disclaimer: Charnacoin Cryptocurrency | Charnacoin ICO
Charnacoin is a cryptocurrency project that issued Charnacoin tokens to its community. Scams in the cryptocurrency space take form in many ways, including exit scams or undedicated project developments.
Is Charnacoin a Scam ICO?
Data on whether Charnacoin conducted a scam ICO, a scam mining operation, or a scam masternode project is cited above from external sources and CoinCurb does not take responsibility for claims against Charnacoin or in support of Charnacoin. The data is only an aggregation of claims cited against Charnacoin.
The above claims about Charnacoin (ICO), Charnacoin’s token, or Charnacoin’s team are externally sourced. They may claim that:
– Charnacoin did an ICO and then exit scammed
– Charnacoin has an undedicated project development after the Charnacoin ICO
– Charnacoin token got pumped and dumped by the Charnacoin team
– Charnacoin is a dead project with a worthless Charnacoin token
However, external claims about Charnacoin project, Charnacoin token, Charnacoin team, or even Charnacoin advisors may not be supported by accusers of Charnacoin ecosystem and thus individuals seeking to learn more Charnacoin team or about the Charnacoin cryptocurrency are recommended to directly contact Charnacoin team members or Charnacoin token investors.
CoinCurb does not itself decide if a project is a scam and thus does not claim Charnacoin is an exit scam or that Charnacoin is any other type of scam, nor does CoinCurb insinuate that Charnacoin (or Charnacoin token) team are scammers or that Charnacoin (or Charnacoin token) advisors are scammers. CoinCurb allows viewers to reference sources related to Charnacoin development, Charnacoin token trading, and/or Charnacoin team as an uncertain reference when deciding if Charnacoin is a scam or Charnacoin is not a scam.