Not sure how you can respect a dev that shouts NO PREMINE and then proceeds to instamine 575,500 coins in the first hour and 1.5 million in the first 8 hours.
But you support deception, and that's okay. Personally, I don't. I won't try to change your opinion, but I will do my part to make sure all the facts about what i consider one of the biggest scams in crypto history remain visible indefinitely, no matter how much you or anyone else cries about it and tries to blame on another coin.
wrong
For a period of time during the instamine, Evan Duffield(Dash's dev) was the only person able to mine. We know he mined at least 300,000 coins in that time. You should really stop making false statements, if you look at the beginning of Dash's thread, there's a ton of users complaining about not being able to mine because of bugs/there not being windows wallets. So 15 months ago, there were hardly any users mining Dash during the instamine except Evan Duffield and co. of course.
Also, you do know that Evan launched Dash before it's intended date right? So it was also technically a premine and instamine in one.
Looking at the Darkcoin's dev, when people in Bitcointalk talk about the dev's instamine, and it is able to check via Abe explorer.
Today, he decided to do "Airdrop" 2,000,000 DRK ( are you kidding me ?, he instamine 2 millions darkcoins or almost 18 million USD)
Such a good dev, if people cannot catch his trick, he will definitely go with his instamine.
The first 24 hours of the coins existence keep causing us problems, an "airdrop" could be a solution to this. We could airdrop all holders (uniquely verified) with a equal portion of coin. This coin would come from a block in the future that paid
2 million+ coins to a specific address that I hold. We could use some kind of verification system like mastercoin (
http://mastercoin-faucet.com/github-intro)
The airdrop would be a month or so into the future, so it would give users time to buy coins and become holders creating some demand. Also, we'd have a much larger market cap and the argument about the first 24 hours would become invalid.
How would you get a part of the airdrop?
- You must own 100DRK ( if you're new to Darkcoin but want to be part of the drop, you would need to purchase 100DRK ).
One of the following:
- Github: To redeem this reward, you need either at least three public repositories and your account must be older than August 1, 2013
- Reddit: To redeem this reward, you need a Reddit account with more than 100 karma.
- Bitcointalk: To redeem this reward you need an activity score above 10 as well as at least 10 posts
Any of these accounts would need to be created before April 1, 2014.
Vote!
THE FACTS ABOUT DARK COIN
1. released without windows QT so that only dev and pals could mine it.
2. Instamined harder than any other coin out there 12.5% of the current minting was mined in the first day
3. Later they decided to cut the minting by 75% to turn their 12.5% instamine with no windows QT into 50% instamine in 24hours - nice hey
yes that is correct they mined 50% of all the coins available at this time by themselves in the first 24 hours whilst windows users could not mine.
That is the facts.... doesn't matter what else they say... nothing can change what they have done.
Once zero coin, or bytecoin with a decent wallet it released or another darkcoin clone is released.... dark coin will sink like a stone.
Every time they try to spam their coin just post this to remind them of the facts about their coin.
hehe they will accuse anyone to hide their scam...
LET THEM ARGUE WITH THESE FACTS
1. The block reward was 500 every couple seconds at launch! Not 20 or 50 coins every 2.5 minutes as listed. There was also no windows wallet so only linux users could mine. This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours. Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!! All mined in the first 24hours by just a few wallets. Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)
2. Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.
3. My opinion is that it is unfair and unfortunate that this occurred and IMO it represents a very real risk to Darkcoin in that there is an opening for a good dev to make an Identical X11 coin that has all the attributes of Darkcoin, plus a few more features, and have a truly fair and equitable launch. The instamining will continue to be brought up as it currently represents about a 10% premine given the Dev recently reduced the total coins that will ever be in existence to around 22million!
noob fools saying i think it is nice people mining early get more coins...lol you silly noobs.
you would all be crying when a coin comes out with no wallet and a HUGE HUGE HUGE % of minting is mined in 24hours that you will never have a chance at you silly people.
keep quiet over thing you don't understand.
Just print this to anything they say!!!!!!
1. The block reward was 500 every couple seconds at launch! Not 20 or 50 coins every 2.5 minutes as listed. There was also no windows wallet so only linux users could mine. This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours. Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!! All mined in the first 24hours by just a few wallets. Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)
2. Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.
3. My opinion is that it is unfair and unfortunate that this occurred and IMO it represents a very real risk to Darkcoin in that there is an opening for a good dev to make an Identical X11 coin that has all the attributes of Darkcoin, plus a few more features, and have a truly fair and equitable launch. The instamining will continue to be brought up as it currently represents about a 10% premine given the Dev recently reduced the total coins that will ever be in existence to around 22million!
the more they try to justify or excuse it the more people get to read about the scam..............
in the end they will accept it is best to shut up about it and hope people forget.