Meet the brand-new, ERC20 (=ETH-based!!!) token Monero Gold! =)
Well, first of all, I'm kinda fan of Monero. I love it because Monero is something beautiful (code-wise) and brilliant.
If for some reason, you know nothing about it - here's what you should read -
All you need to know about MONERO =)
Why is it third Monero Gold?
- First was XRG
- Second - MRG
- and this one - XMRG
Why is it a scam?
First of all, what should that even mean - Monero Gold? =) That might work only as a copy of copy of Bitcoin Gold (Bitcoin copy, actually =)) but why would someone fork Monero?! I mean, Bitcoin Gold was created for some certain reasons and agreed (partially, as always) by the Bitcoin community. Why? because, let's be honest, Bitcoin is having some technical issues these days, it has some "imperfections", let's say.
Are there any obvious imperfections in Monero? I don't really think so. So, there's no certain reason to create Monero Gold.
Second thing is - it's ERC20 TOKEN. That's the biggest LOL in XMRG. If you know why, skip to the next few paragraphs. If you don't, well... here goes some long explanation.
Monero:
Monero [XMR] is a brand new uprising cryptocurrency which originates from Bitmonero.
Being the fork of Bytecoin, Monero (XMR) is an anonymous and decentralized cryptocurrency with CryptoNight (64-bit >CPU-only) PoW hash algorithm and based on CryptoNote protocol.
ERC20:
ERC stands for Ethereum Request for Comments. This is an official protocol for proposing improvements to the Ethereum network. '20’ is the unique proposal ID number.
Monero is COIN, ERC20 is TOKEN, part of Ethereum network =)
Monero is secure, untraceable, unique stuff. ERC20 token is not even a coin itself, it "lives" in ETH wallet =)
Third thing - their official website monero-gold.org looks like this now
If you still hesitate, is it scam or not - here's official CoinExchange.io statement about Monero Gold
UPDATE - found how their website looked like
http://web.archive.org/web/20180121132316/https://monero-gold.org/