Quote from: artos on June 07, 2013, 03:51:15 AM

An amount (0.5% of total coins) has been created by us to act as the basis for this service. A small amount of these coins may be used for giveaways and bounties, as the community sees fit.

= 1,250,000 coins premined Roll Eyes

EDIT:

Quote from: artos on June 07, 2013, 05:04:46 AM

Quote from: boogerthe2nd on June 07, 2013, 04:35:01 AM

Quote from: artos on June 07, 2013, 03:51:15 AM

An amount (0.5% of total coins) has been created by us to act as the basis for this service. A small amount of these coins may be used for giveaways and bounties, as the community sees fit.

What do you mean by this? So you will already have 1.25m coins from the getgo to provide this 'service'?

A pool of "clean" coins is necessary for a service like this to work. Coins will be processed in a FILO (first in last out) fashion to ensure maximum anonymity. It will also be possible to use this service to send coins anonymously, the benefits of which should be obvious. It will be one of the core services that will set StableCoin apart from the competition.

All funds will be stored in a transparent fashion, fully accounted for, and traceable through a block explorer.

Hmmm