Post
Topic
Board Announcements (Altcoins)
Re: [ANN] 📈 KnoxCoin【KNX】🌟 💵 POW/POS 2% 💴 POW JUST 12.5K BLOCKS
by
dt8666
on 29/09/2017, 05:55:55 UTC

scrypt only for asic   Cheesy

Yeah, but hopes that one hour after Ann i would stiller get some with cpu. Never tried cpu mining scrypt before for that obvious reason :p buy there are many on the lookout for New coins and i guess even just one asic would make my cpu pretty useless :p

POW 12.5k blocks, means 625k coins only for miner.
10%premine, 2.3million,  I cannot say dev is greedy,  but with 2% POS return, I think its no value for miner or investors.

GOOD LUCK!

Can developer give a little more info about the note above? it sounds logical to ask this question for better understanding

PREMINE - Yes we premined 10% of the coins, the premine is exclusively for payments to coders and bounties for works done for our community.
Users or coin owners will be able to check the premine wallet at any time "KGCzybZgBb61ps1PyWBwS2tYodVxTskxES" for transparency.

Our Website will have a page that shows every payment made for what work or bounty. 2.5% of that premine is set for the developer.

DOES ANYONE KNOW HOW DIFFICULT IT IS TO FIND A CODER FOR A PROJECT?Huh NO THAN GET INFORMED FIRST!! as it is not free of charge



Thanks, may be did not ask more specific. understand developer needed to be rewared. but the concern is 2.3M vs  625K which is 1/4 is only for the the miner rewards seems like off balance. We also know that miners are one important part of the Crypto eco system.

FYI, I am pointing to mine this now but looking at this data sems a bit off balance so needed some clarity of this needs from developer.