Why did Evan Duffield and his friends orchestrate the instamine?
Why grab many coins? change block reward schedule and reduce the total coin supply from 84 Million to 18 Million?
Masternodes are the best coin generators/miners/earners since it became online and do POS. Having them is like having a huge mining farm with minimal cost of operating.
With reduced coin supply making the instamine loot a bigger percentage of the existing coinage and will generate more coins than miners thru POS.
That was also the reason why Evan Duffield deceptively hides the concept of POS masternodes from the public before launching Xcoin and more than a month after Xcoin was launched...to accumulate coins for himself and his friends
Was the instamine really an accident? Let's take look at Evan and what he has said in the past..check the dates
this was before Xcoin was put in the ANN section in January 18,2014.
http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2013-December/003964.html
merged-mined?.....proof of work (POW) and POS masternodes
January 20, 2014 ..48 hours after the instamine
just to grab an idea on the accumulation phase..
----more than a month after the instamine----
remember before February 21, 2014, Evan already forked DASH from 84 Million supply to 18 Million..
clearly he is still not planning to tell the public about the masternodes in February 21, 2014 but since a guy asked him in reddit he was forced to speak about it....
why is it not important to discussion? can't get enough?
Evan has POS masternode plans but he didn't say what it was until he and his friends accumulated enough and POS the coins in Masternodes.
DASH instamine was real, it never was an accident.
NOTE:
If you are looking for numbers, here is the thread for you Why the darkcoin/dash/dashpay instamine matters
P.S. you might want to take a look at the persons who had love at first sight of DASH and why it looks fishy for me.
DASH - Love at first sight user accounts [Looking Beyond the Hype]
NOTE: i wasn't planning on putting this .gif up here but qwizzie forced my hand, this coin/word/logo somehow repels the DASHturds around here like an insect repellent
Why grab many coins? change block reward schedule and reduce the total coin supply from 84 Million to 18 Million?
Masternodes are the best coin generators/miners/earners since it became online and do POS. Having them is like having a huge mining farm with minimal cost of operating.
With reduced coin supply making the instamine loot a bigger percentage of the existing coinage and will generate more coins than miners thru POS.
That was also the reason why Evan Duffield deceptively hides the concept of POS masternodes from the public before launching Xcoin and more than a month after Xcoin was launched...to accumulate coins for himself and his friends
Was the instamine really an accident? Let's take look at Evan and what he has said in the past..check the dates
this was before Xcoin was put in the ANN section in January 18,2014.
http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2013-December/003964.html
Quote
Evan Duffield eduffield82 at gmail.com
Sun Dec 29 18:53:19 UTC 2013
Previous message: [Bitcoin-development] Fees / prio to be confirmed within ....
Next message: [Bitcoin-development] Looking for GREAT C++ developer for exciting opportunity in bitcoin space
Messages sorted by: [ date ] [ thread ] [ subject ] [ author ]
Hello,
Were a startup looking for 1 or 2 really good C++ programmer that is
familiar with the bitcoin internals to help with a for-profit startup.
We will be able to provide more information about the project after signing
a non-compete/non-disclosure agreement. Our coin will be one of the truly
unique coins that are not just a clone of the original Bitcoin code. In
short the project will be a merge-mined altcoin that will provide a very
useful service to the whole crypto-coin ecosystem.
If you have added any features to Bitcoin or related technologies this is a
definite bonus. Please include information about the work youre done in
the space.
We have detailed plans on how to implement it and the roles we are looking to fill. If interested please email eduffield82 at gmail.com with a description of your work experience and well vett the applications and share our plans to see if youre interested.
Thanks,
Evan & Kyle
Hawk Financial Group, LLC
Sun Dec 29 18:53:19 UTC 2013
Previous message: [Bitcoin-development] Fees / prio to be confirmed within ....
Next message: [Bitcoin-development] Looking for GREAT C++ developer for exciting opportunity in bitcoin space
Messages sorted by: [ date ] [ thread ] [ subject ] [ author ]
Hello,
Were a startup looking for 1 or 2 really good C++ programmer that is
familiar with the bitcoin internals to help with a for-profit startup.
We will be able to provide more information about the project after signing
a non-compete/non-disclosure agreement. Our coin will be one of the truly
unique coins that are not just a clone of the original Bitcoin code. In
short the project will be a merge-mined altcoin that will provide a very
useful service to the whole crypto-coin ecosystem.
If you have added any features to Bitcoin or related technologies this is a
definite bonus. Please include information about the work youre done in
the space.
We have detailed plans on how to implement it and the roles we are looking to fill. If interested please email eduffield82 at gmail.com with a description of your work experience and well vett the applications and share our plans to see if youre interested.
Thanks,
Evan & Kyle
Hawk Financial Group, LLC
merged-mined?.....proof of work (POW) and POS masternodes
January 20, 2014 ..48 hours after the instamine
Great, now that everything is stable, I'll be posting later about the vision of this project and milestones! Time to move on to actually implementing what I set out to do.
just to grab an idea on the accumulation phase..
wut.. no premine but you have 5k to throw? 
WTB 20,000 Darkcoin for 1 BTC, PM me!
Looking to buy 10000 DRK, PM Me your offers!
----more than a month after the instamine----
remember before February 21, 2014, Evan already forked DASH from 84 Million supply to 18 Million..
clearly he is still not planning to tell the public about the masternodes in February 21, 2014 but since a guy asked him in reddit he was forced to speak about it....
In reply to: http://www.reddit.com/r/DRKCoin/comments/1yit1a/using_coinjoin_for_anonymity_is_errorprone/
--snip--
Masters
To defeat propagation problems, master nodes are elected each new block. They are responsible for being the authority of what goes into the joined transaction each session. This is done in a tamperproof way, but I think its not important to the discussion.
--snip--
--snip--
Masters
To defeat propagation problems, master nodes are elected each new block. They are responsible for being the authority of what goes into the joined transaction each session. This is done in a tamperproof way, but I think its not important to the discussion.
--snip--
why is it not important to discussion? can't get enough?
Evan has POS masternode plans but he didn't say what it was until he and his friends accumulated enough and POS the coins in Masternodes.
DASH instamine was real, it never was an accident.
NOTE:
If you are looking for numbers, here is the thread for you Why the darkcoin/dash/dashpay instamine matters
P.S. you might want to take a look at the persons who had love at first sight of DASH and why it looks fishy for me.
DASH - Love at first sight user accounts [Looking Beyond the Hype]
and oh..before i got labeled as a trollero
this friendly thread is brought to you by:
The True DASH - DSH - Dashcoin
this friendly thread is brought to you by:
The True DASH - DSH - Dashcoin
NOTE: i wasn't planning on putting this .gif up here but qwizzie forced my hand, this coin/word/logo somehow repels the DASHturds around here like an insect repellent