Post
Topic
Board Service Announcements (Altcoins)
Re: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies!
by
BlockaFett
on 27/04/2015, 20:57:27 UTC
absolutely nothing to do with Dash being correctly marked as a significantly premined cryptocurrency.

Stop trying to deflect.

So this is the Monero lead dev and owner of MyMonero.com, where aparently 50% of Monero wallets reside.

He is now saying it is correct to say Dash is a "premine", which is new because until recently he was saying it was an "instamine".

"Pre" - means - "before" - as in "before the launch".

You are saying that CMC listing is correct because Dark were mined before the launch.

Proof now please...


We've published absolutely no stats, and it's impossible to determine how many Monero "wallets" there are, so where do you get that figure from? Stop lying, BlockaFett, it's unbecoming and unprofessional.
No disrepect Fluffy but that is a deflection.

I would like to get an answer to this, I think it's fair seeing as you are here making the accusation

you said:

absolutely nothing to do with Dash being correctly marked as a significantly premined cryptocurrency.

Stop trying to deflect.

I am asking:

"Pre" - means - "before" - as in "before the launch".

You are saying that CMC listing is correct because Dark were mined before the launch.


What is your proof?

You see, it's this sort of behaviour that makes me wonder if you're either incredibly stupid or just trolling. I replied to that already. Best you read up, son: https://bitcointalk.org/index.php?topic=199685.msg11214972#msg11214972

This sort of behaviour?

And where does it say that "significantly premined" is a generalization?

Premine term in crypto is a specific term that means Devs solo mine their currency before public launch

That's why we have a seperate term to describe situations where the Dev let others join the launch but the emission was high - "instamine" - and a third term for when the instamining dev doesn't deliver and/or dumps their coins - "instamine scam"

I call again for you to backup specifically how Dash is now a "premine" instead of an "instamine" as your dev team were posting hundreds of times in the last few weeks alone

If you can't, then you sir are disingenuous.  And given your position that as a Monero holder you would benefit from this...

Proof of premine please...

Another thing I find interesting is that the average block reward for the first 4500 Dash blocks (ie. the first 32.8 hours) is 443 Dash.

The average block reward for the 70 000-odd blocks since then is 33.5 Dash. What an incredible difference!

Truly, the gods must have shined upon those miners, as they simultaneously punished those who perhaps fell ill and didn't check Bitcointalk for a day. It really is clear that this is just a happy accident.

Sorry to press the point FluffyPony but this is the 4th time I am having to ask you to backup the specific accusation you made that Dash is a premine.

Forgive me for pressing the point, but Dash is the leading anon coin and key competitor to Monero from your perspective.

If you accuse the Dash dev of mining coins before the launch in this case I think it's fair to demand an answer as to what evidence you have that anyone solo mined Dash before the public launch?

Please address this specifically, it's not fair on this thread to keep having to ask the same question.

By means of a direct comparison, where Dash's average block reward for the first 4500 blocks was 443 Dash, and 33.5 Dash on average thereafter, let's look at Monero's.

For the first 4500 blocks (like an hour and a bit) the block reward was 17.5 XMR. The average block reward for the 12+ months thereafter is 13.7 XMR.

Do you see the dichotomy?

You are just describing the emission after the public launch...

This is the 5th time I have had to ask this.  You have been saying "instamine" for weeks, now you are saying "premine" and I am just asking a simple question why and what is your evidence..

What is you're evidence that coins were mined before the public launch (pre-mine)

If you don't have evidence as I suspect can you correct your statements please?


Welcome to my ignore list! You are one of two people that has proved so bizarrely retarded that I can no longer stomach reading your puerile vomit without feeling quite ill.

Can't say that i'm surprised that you avoided answering this question FluffyPony.

It's a sad day in Crypto when people like you and Smooth, the core devs of a top 20 coin, can actually start to succeed in changing information around the crypto space for your own benefit.

And I hope CMC does some proper research into the Dash launch and if it won't remove the premine accusation, explain what is the evidence that Dash coins were mined privately & exclusively by the developers before the launch, because evidently you can't provide this evidence, despite claiming it yourself and petitioning CMC to do this on your behalf...

And if CMC extends the ** definition to combine coins mined pre-launch with coins with public launches like your Monero core team is pushing them to do, that is sad too because I think most visitors will want to know the difference between a centralized, private launch than a decentralized public launch where anyone can join in..or what is going on here?