Quote from: contraband on November 04, 2017, 03:10:04 PM

Quote from: allycn on November 04, 2017, 02:59:24 PM

Quote from: contraband on November 04, 2017, 10:13:55 AM

Quote from: ZUTEN12000 on November 04, 2017, 03:13:44 AM

Hi
contraband any action by dev coz i saw in block1 someone mining 12 B etn. its 50% our max supply and will disturb etn grow.
Look unfair for loyal investor.
Help to bring it to dev team.

21 Billion Total

12.6 premine
  8.6 mobile mining pool estimate
  5 investors estimate

  8.4 left on blockchain

Hey Contraband! Watched Richard on the video and appreciated that this and many other issues were addressed. It is good to see him address the investors' concerns directly. Could I please ask why wasn't the mobile mining pool info included in the WP? Learning that threw me off a little bit because it was always mentioned it would be 6 bill premine and 15 bill to mine. I do understand there was the need for a mobile mining pool, but I would appreciate a reply if possible (I know devs never expected these number of users so maybe they never thought they would sell such the amount of ETNs they did during the ICO and this forced them to change the numbers, or maybe they simply forgot to specify it and combined the "mining" and "mobile mining" pools?). Thanks!

(Please note I have been an Electroneum supporter from day one (and still am), and have no intention of selling my coins anytime soon ... I am hodling for the longterm. No launch is perfect and honestly, I would have been happy had they delayed the launch but understand people would have complained either way ... it's impossible to make everyone happy).

A bit less (coins already mined the regular way) of 17 million is still the total to be mined. The mobile miners coins had to be premined to make their pool because its a "mobile mining experience" not actually phones mining the blockchain, its a centralized process.

Even coinmarketcap has said they will put the mobile mining coins as "to be mined" and not in circulation, as they will monitor the address they are in and add those that leave to "in circulation" as the mobile miners receive coins based on their phones benchmark.

wonderful! Thanks for the quick clarification Contraband!