Quote from: Story777 on October 01, 2017, 03:25:56 AM

Quote from: k1bbles on October 01, 2017, 03:21:13 AM

Quote from: goccat on October 01, 2017, 03:12:41 AM

Quote from: Story777 on October 01, 2017, 02:53:06 AM

Not sure how this was a "Fair Launch" considering the majority of the population wasn't targeted because of NO COMPILED WINDOWS wallet available for download. If the majority of the population don't know how to compile the windows wallet and the Dev did not provide one why is this FAIR?

Sure the linux wallet was made available for download 10-20 mins after launch, it wasn't even ready on the countdown...no comment from the Dev with that?

Personally I downloaded and compiled the win wallet, had my address but on principle alone stopped mining and won't be doing back, it's my choice to do so.

And the Dev being a masternode and keeping 2/12...well do the math on that percentage he is pocketing from a failed 'FAIR' launch.

The Dev is getting some abuse over this, I don't agree with all the crap he is getting but he hasn't spoken up about what went wrong and that says something about integrity.

Good luck to everyone and who knows if this is a shit coin or not. All I know is there is a lot of angry miners out there and I don't blame them. Not FAIR at all. You dev need to learn statistically what fair is.

Only statistically my opinion.

Now back to mining EOT....

This was one of the most fair launches I think I could have imagined. An entire slack full of people who had no idea where to obtain a wallet until the last second. Then the wallet was released, compiled, for both Linux and with Docker instructions for Windows users in the seconds after the go-live.

This launch was fair, it gave every enterprising individual who REALLY wanted to mine a chance to earn that early access privilege. If you couldn't get the wallet working, it was your fault.

This launch required that people work for it and as we saw tonight, more people would rather insult the dev and call them a faggot :eyeroll: because they didn't get spoonfed. The miners not getting in on the mining right now simply didn't have the drive to get in or didn't have the aptitude to make it work. I'm not the smartest guy around but I know when I see a rabid collection of shitty people and damn they came out tonight.

Oh please, this wasn't a good/fair launch. I agree it wasn't "unfair" because of the lack of a windows wallet (although that was a bait and switch as the announcement said there was one). It's unfair because it's ALL a bait and switch. Announcement says windows wallet was available. Nope. Announcement said block reward was 12 coins. Nope it's 10/2. Oh and that 2 goes to a pair of private wallets controlled by the developer:
0x3c3467f4e69e558467cdc5fb241b1b5d5906c36d
0xe6923aec35a0bcbaad4a045923cbd61c75eb65d8

There's no definition of how much of the 2 is devfee, nor what the masternode requirements are. I asked why they didn't just wait until the masternode code was ready and then hardfork: "we don't hardfork". WTF? That's the whole POINT of hardforking - so you can add major functionality.

Crypto only works when there's transparency. Right now they are banking on miners greed to be in "early" on a coin and they are minting themselves a ton of coins in the process. Specifically 6,675 coins a DAY assuming the 13 second block time finally kicks in by diff.

THOSE are the reasons it's 'unfair'.

You said it better than I did! Completely agree.

I'll add that the ANN says masternodes are "3 to 6 months away". So the dev is keeping 16% for at least 3 months, and maybe 6 months or more. I'm open to explanations of why this is a good model for value to future buyers of the coin.