Post
Topic
Board Service Announcements (Altcoins)
Re: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies!
by
smooth
on 28/04/2015, 00:40:42 UTC
CoinMarketCap could easily put an end to this debate by changing the tag to "significantly pre-mined, insta-mined or ninja-mined". So my suggestion is to make this change.

This. Or alternately select coins that had a clearly scheduled release time publically announced say a minimum of 24 hours ahead of any mining, with coins subsequently emitted substantially in accordance with the originally published schedule. Filter the rest.

XMR should be included with this tag as well because of the scam mining software they released on launch. It is was purposely "de-optimized" so that the developers and insiders could mine at 100x the speed of the normal user.

Smooth and friends claim that this was an oversight or an accident, just like Evan claims the same for that launch of xcoin/dash. Same issue, same tag?

Did XMR changed the emission curve? NO. Bitcoin itself had a terrible unoptimized miner at first. Your comment does not hold no one believes you, everyone knows you are lying and dash gets more hate. The end.

Smooth has admitted that the miner he released with XMR was purposely de-optimized. He also claims to have not known this at the time. How do you not even know the history of your own coin?

We didn't launch the coin. It was launched by some other guy who was doing a bunch of dodgy stuff so the community threw him out. The team that took over didn't even know each other, or the code, at first, we just came together to get rid of the scumbag and create a new team to maintain and develop the coin going forward. We forked it and took over. Then we found the de-optimized stuff while becoming familiar with the code later.

There is a history write up somewhere, but I'm terrible with remembering where those kind of documents are.