Post
Topic
Board Announcements (Altcoins)
Re: [ANN]◤◤◤█ PUNISHERCOIN █ ◤◤◤ ♛♛♛ LAUNCHED ♛♛♛[P666] -POW-SCRYPT- ▲ 7 Oct 2015▲
by
ocminer
on 10/10/2015, 11:27:12 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.



Good catch !

All my warnings have been ignored, good someone else confirms this