Post
Topic
Board Altcoin Discussion
Re: POLL - Which crypto gets the most "SCAM!" accusations? - BE HONEST PLEASE
by
smooth
on 09/03/2016, 11:04:55 UTC
If you are really looking to find a scam, the elephant in the room is Dash.

The dev premined boatloads due to a 'mistake' and he didnt fix it because the community was cool with it Lips sealed

ETH premined ALL the coins..

No, ETH has mining, at least for a year or two until they switch to PoS. It seems like the premine will end up being something like 70% or so, unless PoS is delayed, in which case it will be lower.

Coins or tokens like Nxt/Factom/Ripple are 100% premined. Pretty different.



I couldn't care less if they tacked it on way later after the 2014 launch.

It wasn't tacked on, it was clearly stated in the original ICO that there was going to be mining starting from the launch, but that it could be reduced or eliminated later with a switch to PoS.