most shitcoin have a chain so they can scam. They dont have any of the properties of bitcoin, but in a cargo-cult operation try to emulate the less scalable part of it.
Not having a chain to simulate to be a bit uncensorable like bitcoin unless being censored and rug is a good thing, theres only on timechain needed.
I disagree. Most shitcoins are smart contracts on ETH or some other 3rd party chain. That's why they should be called shit tokens and not coins.
I agree but they dont merit such semantic distinction from my point of view as they are irrelevant from a technical point of view I'd call them indistictively shitcoins and take them in the same trashbin
