Post
Topic
Board Announcements (Altcoins)
Re: Explanation of XUN’s unexpected early launch.
by
dunedainbob
on 12/10/2017, 21:55:11 UTC
Hello everyone, this is Digitalnotenan/Ultranotenan from the XDN and XUN Ryver forums.

Our apologies from the XUN devs. Someone found a way to mine XUN before launch and we were forced to launch early. Do not worry. That individual only mined for a few hours before we launched. XUN is designed so that 80% of the coins where mined during a 30 year period unlike XDN which most of the coins are mined the 1st. year. We encourage everyone to head over to pool.ultranote.org to check if the pools are back and running again as we are trying to fix the problem. Do no be intimidated by the amount of blocks. That is a very small amount due to the short block target time. We will try to answer your questions once we have more answers ourselves. If it makes any of you feel better I myself have not started mining as I am a mac user, so alot of you will become alot wealthier than me. Best intentions and please have us patience.

-Darknotenan

Wait, you want us to just let go that someone out there has 980+ blocks?  That's ridiculous.  Why would I want to invest in a coin where some anonymous guy is going to dump the second we hit an exchange?  Please make a new genesis block and re-launch.  You want your legacy to be a stutter-start launch with an anonymous pre-mine?

Edit: for the record I don't think anyone's scamming, and this is up to the devs.  But I don't understand why they're okay with someone stealing their hard work.  Re-launch, to punish the one who stole your mining early.


Like state "no premine", then ominously an "anonymous" guy mined some 1k blocks...oops  Roll Eyes

See, you might be right or you might not be, but this anonymous mine will always hand over the coin's head.  Many will blame devs and think devs are lying and mined for themselves.  Many others will be afraid of dump on exchange.  This will hurt devs long term even if its not their fault, and poison the ecosystem.

Do the smart thing and re-launch.