Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SHIFT] First Ethereum fork. GUI wallet. No ICO/IPO. PoW, Bountys.
by
MidwestMiner
on 02/09/2015, 13:00:31 UTC
2 things that need to happen immediately to give this coin a chance:

Burn at least 200k of the premine immediately. A premine that represents MONTHS of mining is killing any value this coin could ever have.

Deposit remaining 50k into a multi-signature or escrow account with 2 or more hero members and define clear bounty payouts. There is NO incentive mining if someone finding a spelling error in the wallet client gets 1000 SFT as bounty (about 2 months of mining at 40 MH/s)