...
lastly, monero was launched about 3 months after DASH yet it already has almost twice the amount of coins mined. seems like a highly inflationary ongoing instamine that gives an unfair advantage to those early miners.
my conclusion, there has never been a coin with a perfect launch including bitcoin.
lastly, monero was launched about 3 months after DASH yet it already has almost twice the amount of coins mined. seems like a highly inflationary ongoing instamine that gives an unfair advantage to those early miners.
my conclusion, there has never been a coin with a perfect launch including bitcoin.
There's perfect, there's scam, and everything in between. Monero is a helluva lot closer to perfect than DASH/Darkcoin/Xcoin could every hope to be.
You can look on the block explorer and see the amount of coins emitted at any block. For instance, by block 20000 ( http://moneroblocks.eu/search/20000 ), mined on May 1st, the total number of emitted coins was about 350k or about 3.5% of the total coins that exist today. So, 3.5% of the coins that exist were mined during the period of the crippled miner when a few folks (such as DGA, who is not a member of the development team) were mining with optimized miners. Around May 1st the optimized miner was made public by NoodleDoodle and other members of the actual dev-team that took over the coin from TFT.
Compare that with DASH, where around 1/3 of the coins that exist today were mined in the first 48 hours or so, and I think it's pretty plain to see which coin had the more fair launch. (This is not to mention the fact that there was zero windows clients and a promise to relaunch made by the Xcoin developer, while hundreds of AWS and DO nodes mined away). 33% of available coins mined in 2 days, or 3% of available coins mined in a few weeks - I don't think it's much of a comparison.
(This is also not to mention the fact that DASH/Darkcoin/Xcoin switched to a quasi-PoS system after their botched launch, allowing large holders to just sit on their coins and grow them, which is obviously not the case for Monero, which is pure PoW, where owning a chunk of coin doesn't allow one to do anything but dump it on an exchange.)
Top post jwinterm. Facts, not FUD.
Thank you for digging this post up. Mastermined can now come back and try to spin things to death about the "scam" that has happened with Monero when clearly Dash is no saint and in fact likely is the equivalent of the devil's favorite demon coin with shady launches, broken PoW algorithm, rebranding to distance itself from its shady past, and the addition of quasi-PoS system etc..
Because this thread is done by the dashtarded scam army who have exposed multiple times of scamming and lying here, for example:
Vitalik just posted in /r/ethereum --
Guess who's now in the firing line now for being low tech'
(Thats what you get for calling Monero a 'real premine sacm').
Never mind. It's all in a good cause (we hope). Mudpies on stun and chickenwire at the ready.
Hey fucktard, why don´t you show the world the whole discussion? Because it doesn´t fit your fucktarded dash scam propaganda?
Or what about this one?
Dashtards, even too stupid to lie; unbelieveable....
Eat shit scumbags.