Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
arielbit
on 09/01/2016, 01:29:33 UTC
Dude, if you're going to quote me, you have to include it in context. I didn't "show a similar result". Did you even read my post? Those numbers require a bunch of rosy assumptions that simply can't be true:

1) It assumes that Evan was the ONLY miner for the first 500 blocks, which we know isn't true. There was at least one other developer at that time, I believe a friend of Evan's, but I'm not sure... so the "instamine" would have been split at least between two people
2) It assumes no one else was mining for the first 500 blocks (which may be the case... we'll never know, but I make this assumption in the interests of being conservative)
3) It assumes that Evan and Co had absolutely no down time for updating their miners, which is impossible... any downtime would reduce these assumptions
4) It assumes that once huge amounts of mining power joined beginning at block 500 that Evan didn't start experiencing an elevated level of rejects... this is unlikely as well since blocks were being created so rapidly at that time - literally seconds apart on average - that he and many others reported rejects, getting on wrong chains, having to reset, etc. Evan would have no way to be immune to these issues caused by the rapid creation of the blocks and network latency, so the true "networkhashps" is clearly understated during that period because many blocks were rejected and not counted.
5) It assumes that he never sold any Dash

EDIT: Not to mention that I was very clear that these numbers therefore constituted an UPPER LIMIT to refute claims by trolls (which I am starting to suspect you are) that Evan had instamined 1.8 million coins. This was proof that the claim was bogus. The real number is clearly much lower for all of the above reasons, which makes Evan's claimed amount of coins very much in line with what the data shows. If you are going to just ignore data, you are no longer just exhibiting "healthy scepticism" and I'm inclined to classify you as a troll yourself.

assume .. assume ..la la la assume .. assume ..

Taylor05, signed up jan19, 2014...all first post darkcoin, non-newbie-ish posts and forever darkcoin  Grin

what is your love at first sight story with darkcoin?

welcome to my list https://bitcointalk.org/index.php?topic=1282836.msg13200467#msg13200467

I assume nothing... I do not assume Evan sold a bunch of Dash, nor do I assume he bought a bunch of Dash (though someone mentioned he was buying 20,000 at a time)
I don't assume he had an abnormal amount of downtime compared to anyone else... where do you get that shit?

I'm referring to Taylor05 not you...that's all i read in his post....assume..assume..assume ...be concise, get a pair of balls Taylor05  Grin