..snip..
My thoughts:
Instamine is entirely subjective - what emission curve constitutes the "insta" aka how do you define "instant" because that means literally "in one moment"? do you include coins that ever changed block reward - manually or by fast algos? community knowledge / involvement / voting? Mistake by dev or premeditated? Dev "instamined" 95% personally or his cat jumped on the keyboard and killed his miner and he got 0.1% and who else got what? Positions of the stars and planets at the moment of launch?
Premine is entirely objective - pre-mine has a clear *literal* definition: coins solo-mined by the dev before the launch date, easy to *prove* by anyone with a BCT link and blockexplorer.
And the *reason* for marking coins as such is to warn investors of a potential *distribution problem* - which can be for a 1000 reasons throughout the coin's life and is often impossible to know objectively, and requires a hell of a lot of on-going work by CMC to get right - and why? So Monero can get definitions changed that have been working fine for CMC & it's users, to be more inline with their agenda?
Thanks Gliss, I uses CMC everyday because I trust your data and it's well presented / easy to use, not someone's subjective opinion on what is good or not - thanks for keeping your impartiality.
To follow your lead CMC should remove ALL asterix of any kind and let the investors do their own research.
No because the 2 defitinions CMC currenlty use are both objective:
* - non mineable - Every coin states itself whether it is either mineable or not = true or false = objective
** - premine - Compare launch date to first block date to see if coins were mined before or after the launch = true or false = objective
"instamine" - First gain consensus from crypto community as what emission curve constitutes 'insta-', then compare 1000s of factors on each coin and come to a value judgement = someone' subjective opinion backed by some kind of consensus on how to define the term = a constant dispute for CMC as they start to try to value-judge which coins were "instamined" or not and lose their imparitality / market as well as having to extend this to all kinds of potential problems to warn investors on, not just the launch = can of worms.
Maybe the reason CMC picked the definitions at the start was becaue they are objectively provable, don't kick up a sh*t storm of personal opinions / spurious accusations, and if they had instead been subjective since the start they wouldn't have gained the trust they have now and be the leading coin compare site.
again...thanks Gliss