Trezor hardware wallet adds non-existent currency

Trezor hardware wallet adds non-existent currency

Cryptocurrency hardware wallet Trezor has added support for PiedPiperCoin (PPC), a fictional currency created by the main characters of the HBO show “Silicon Valley.”

Pavol Rusniak, CTO of Satoshi Labs, posted new wallet software on GitHub on Tuesday. It was intended that PPC holders would be able to store their tokens using the popular Trezor hardware wallet.


In the latest episode of “Silicon Valley,” the PiedPiper gang made a plan to raise funds through an initial coin offering. The episode was accompanied by a massive media onslaught, including an awkward interview between Bloomberg anchor Emily Chang and PiedPiper contributor Bertram Guilfoyle. 

The plan of the series' heroes failed. When the digital currency PiedPiperCoin launched, it sold for just $0.07 - well below the $68 mark required for the token to match the funding the company could receive through traditional venture capital investments. However, the scripted presentation on the token's official website convinced investors that there was a 98.745% chance of upside and that they would make a hundredfold return, so the investment looks good in the long term.

A closer look at the Trezor Github repository reveals that the updates needed to make PiedPiperCoin wallet compatible have not been added to the master branch. Most likely, they will never be added; after all, this token does not exist. 

However, the announcement raised a wave of criticism among altcoin supporters, who were unhappy that the company was promoting non-existent coins, rather than adding tokens from their favorite projects. One user stated that this was a paid advertisement for the series. 

I was paid absolutely nothing. I took exactly the same amount from others when I added their coins. You apparently confuse Trezor with another company that takes money when adding tokens,” Rusnyakreplied. “All you need to do to add a token is to submit a request with a definition and description of the coin. Maybe you should give it a try..



According to https://www.ccn.com

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