Post
Topic
Board Altcoin Discussion
Re: [ANN] GAS Coin / Dynamic Block Reward / Instant Retarget / LAUNCHED - GO!
by
bcp19
on 28/07/2013, 22:08:19 UTC

You premined 100,000 coins in a coin that was supposed to have a block reward between 1-8 coins

The fact that you don't see a problem with it is even worse than what you've done

there are 200 million coins in the cap. .2% total coins in premine. do the math. the only one who seems to have a problem with it is you, not the countless people who are still mining the coin on the new client.

i'll give you a rundown of the stats.

Code:

17:02:39

getmininginfo


17:02:42

{
"blocks" : 35996,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 0.00181911,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 1878882,
"pooledtx" : 0,
"testnet" : false
}




thats already 1.8 m/h on the new chain since we rolled out the fix.



You're right. We do have a problem with the premine. If we are the only ones, then that should show how honest and fair we are trying to be
I personally think premining a coin without the knowledge of the person paying you to program is the same as embezzling from a bank.   Illegal and fucked up.