Quote from: AutisticMiner on August 23, 2017, 10:56:04 AM

Quote from: Electra01 on August 21, 2017, 10:22:18 PM

Quote from: GoodHabit on August 21, 2017, 07:34:32 PM

Quote from: gawlea on August 21, 2017, 06:37:39 PM

I wonder if dev wallet is staking or not...

definitely is... #15 on the Richlist (actually) was the original Premine address (**see note A)

It was reorganized on July 7, when #6 on the list was created as a spinoff (starting with just ONE huge block).

#8 actually has a very similar structure (huge blocks), was as well reorganized on July 7, but the source of the coins is more complicated... but this could easily be a address of the dev as well, if he participated in mining during the bonanza - solo or via pool.

If all of them are different addresses in the same wallet, this would explain why they perform quite a bit better than average (large weight in the network - far larger inputs than average, so staking frequently - but not VERY often, but getting large rewards..) (but actually starting to fall behind as well now, with inputs getting smaller due to frequent splitting).

**note A - this Address is still used by coinmarkets-cap to calculate the difference between "total supply" and "circulating supply" - they just wanted to exclude the pre-mine from the circulating supply - but as this address is staking as well, and the amount is (due to the aforementioned reorganization) much lower than the original premine, that doesn't really make any sense anymore...

I can confirm that I am participating in the staking process not everyday but often. Due to the low share of the pre-mine and frequent splitting, the impact should be low. Even when staked, the pre-mine share should remain within the 3%-5% range.

I took part in the bonanza with a medium range graphics card and generated about 3,000,000 ECA which is kept in a seperate wallet.

The value in Coinmarketcap causes Electra's value to appear only about %1-3 higher than reality. As the pre-mined ECA will eventually be transferred back to the address given to Coinmarketcap, I do not want to bother Gliss about it. He has 1100 other coins on his list to worry about.

Why are you staking the premined coins? Don't you think that's a bit unethical and misleading based on the quoted premined amount on the announcement page? Is it possible for you to list all of the addresses where the premined coins are held on the announcement page? The community shouldn't have to do investigative work to try and find where the premined coins are located. This coin has potential, but the hiding and moving around of the premined coins just seems shady, and has an unnecessary negative effect on the future and value of the coin.

I am staking in order to cover the initial, and possibly, future investments I have/will put up for this project from my own capital. Examples include exchange applications, Coinmarketcap bounty, Block explorer, Cointelegraph, and outsourced node hosting for the first three months. The pre-mine was not sold or claimed at all for any of these investments. My personal costs add up to more than $1000 which is about 100,000,000 - 200,000,000 ECA with the current market valuation. Rather than claim part of the pre-mine to myself and sell it in exchanges, I have preferred to get my initial investment back through staking as I believed it will cause less unrest among stakeholders and also because I want to play a part in moving the blockchain forward. If stakeholders prefer me to claim part of the pre-mine to cover my costs rather than stake, this is also possible.

I announced that the pre-mine would be moved into other adresses in a previous forum post. It was not hidden. All transaction and staking history can also be clearly viewed in the block explorer.

These are the addresses where the pre-mined coins are held:

EJXiQYb5tYjVdn8erLT92F6D5ZmCG2ZCvZ
EfZNebGdZc6xBTVBm4AD4k8NqKezUiKB4c
ENJc5UmLhpyrge7bxDoXjHTjv7DNzBx8sN