Post
Topic
Board Speculation (Altcoins)
Re: DASH Collapsing Monero UP
by
iCEBREAKER
on 06/08/2015, 21:29:34 UTC
Correct me if im wrong, but i always thought it was an instamine rather than a premine, still im annoyed i didnt mine them earlier or at least buy a few because i could have had fun while it lasted and dumped the whole lot in the beginning lol.

1) Dash's developer, Evan Duffield, released Dash before it's intended release date(Which means the instamine could also be partly counted as a premine)

Exactly.  The coins which were mined previous to the announced release date are obviously premined, whether or not they were included in the genesis block.


^this makes the most sense. If I hold an election and votes cast in the first hours are worth more than votes cast afterwords, the vote would always have an asterisk next to it in the history books if the election date was moved up in the middle of the night and/or only those with rare credentials or at the right location were able to vote.