Re: [ANN][STEEM][POW] - NO IPO | NO PREMINE

On which block STEEM switches from DPOW to DPOS? And what is estimated time of this swich? Or target spacing between blocks?

Block 864000. Around 2016-04-24 05:40 UTC

The switch should be instantly.

Wait.. PoW is just 4 weeks?

So during all of PoW the dev team hasn't managed to release a windows client, shut out the biggest potential user base and premined >80% of the supply?

Promising tech or not, that's just a joke. And not a good one.

"You just need thick skin and the ability to ignore the Bitcoin pharisees and the angry mob they incite to nail you to a cross for failing to sacrifice your creation to the prevailing mining gods."

How to Launch a Crypto Currency Legally while Raising Funds
https://bytemaster.github.io/article/2016/03/27/How-to-Launch-a-Crypto-Currency-Legally-while-Raising-Funds/

Doesn't matter what Daniel Larimer writes in a blogpost, coin was relaunched and premined/instamined (80% which is also staking) while it clearly states in the OP title that it was not. This makes it a complete noobtrap and a huge risk for late investors because there are no promises compared to an ICO where atleast you have most rules set down from the first minute and the people decide how much money the developers get. Here they are asking for millions of $ according to the current market cap.

No way poloniex will add it with this launch so good luck staying alive on bittrex (who plan to add a trading cap on users).