I must say this is such a shame the developers chose this route. They could easily have a fair launch and mine a lot of coins honestly. Or perhaps come clean and instamine less than 5% and be open about it. This coin would easily be among the top 3 if things went a different route. The developers are very good and active, and the coin is very innovative.

If the developers have any hope on keeping this project alive in the long term they have to come clean, admit the forgery of documents, premine and destroy any premined coin. This very good development that is happening has to continue, too. That way, bytecoin may have a chance of being a really big and disruptive coin.
I think we as a community should deal with this as soon as possible. I have mined bcn for awhile now but I will sell it all and I highly recommend everyone to do so and abandon bytecoin if this keeps going on. You can only ignore everyone for so long.

Could you please address this, Ullo and others? Every day this is ignored is a day spent regardless of good and innovative development.