Seems like a lot of people agree the generation of block rewards was pretty unfair.
Block Rewards
1,333 coins rewarded from block 1 to 1440.
1441 to 3440 (33.3 coins)
3441 to 9441 (3.3 coins)
Forever mining at 1.33 coin block after block 9,442th-500,000th block
After that 1 coin per block forever
Maturity: 30 blocks
Target Block-time: 1 minute/block
Difficulty Re-Target: 4 blocks
How long until 1,333 block rewards were gone? A few days? That accounts for more than 50% of circulating supply in only a few days. Then after that the block rewards dropped from 1333 to 33 LOL.
Seems like this was only meant for a few lucky peopls and devs, and now it seems the main dev is inactive. Booked the profits and left lol...
another words, 1333 reward for first 1500 blocks is hidden premine
Nobody know about xios and it was not hard for dev to mine this blocks by himself
Such a big reward for first blocks was made only for this, for sure
Clever move ))
But mining wasnt limited to only devs, you could also mine . I mined 3 blocks with my single 1060 GPU right after the launch . If you missed the chance, it not dev's fault .