Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Zcoin - The Zerocoin cryptocurrency, guaranteeing financial privacy
by
dbt1033
on 19/10/2016, 14:25:25 UTC
... thats 20% premine boys.

Fail.

A premine is, by definition, mined first, or at the beginning.

Ongoing mine. Corporate subsidy. Ver tax. Whatever you want to call it it's high af, and don't understand how devs think they can make something that will be actually used as a currency when they are siphoning off 20% of the entire money supply.

It's only 10% of the supply.  Dev subsidy disappears on halving.  And it's split 5 ways... In to 5 addresses.  2 for each dev (you do realize this is their full time job...), 2 for each of the three investors, one of which is Ver.

You guys make me sick.  Go do some shit to make me money off your hard work and get paid nothing while I sit here and collect.  Unbelievable.