Post
Topic
Board Announcements (Altcoins)
Re: [ANN]◤◤◤█ PUNISHERCOIN █ ◤◤◤ ♛♛♛ LAUNCHED ♛♛♛[P666] -POW-SCRYPT- ▲ 7 Oct 2015▲
by
coinmyne
on 10/10/2015, 10:30:34 UTC
If you only premined 40 blocks, where are you getting all your coins? 40 * 666 = 26,640. Yet I saw you made an offer to sell 4,000,000 coins to someone. And you are offering large bounties for pools and block explorers. Where are all those coins coming from?

EDIT:

Aha. I found it:

Code:
int64 static GetBlockValue(int nHeight, int64 nFees)
{
    int64 nSubsidy = 666 * COIN;

     if(nHeight == 1)
     {
        nSubsidy = 44400000 * COIN;
     }

    // Subsidy is cut in half every 50000 blocks
    nSubsidy >>= (nHeight / 50000);

    return nSubsidy + nFees;
}

Yes, that's 44.4 MILLION coins that were premined. So 2/3 of the coins, if the coin total is 66 million, were mined on the genesis block.

SCAM, if you ask me. Or perhaps the developer would like to explain this.