Quote from: smartcrypto on February 13, 2018, 04:59:27 AM

Quote from: Speedie on February 12, 2018, 07:24:52 PM

Quote from: smartcrypto on February 12, 2018, 06:48:46 PM

Quote from: Speedie on February 12, 2018, 06:00:33 PM

Quote from: smartcrypto on February 12, 2018, 05:17:49 PM

Not true. how can you have such a mistake that the block rewards for first x blocks are 10k per block? They are simply exlpained in the coin configs defined in main.cpp or main.h file(I am assuming the coin is written in c++ like the litecoin and bitcoin etc). Computers are not humans making mistakes. They follow simple instructions.

Having 470 coins per block, but 10k coins in the starting blocks is THE definition of an instamine.

An error was made in CryptoNoteConfig.h where the tail emission was set to 10,000. This was acknowledged in Post 132 and subsequently fixed as noted in Post 137. It was human error that was fixed ASAP, not once has anybody suggested that it was deliberately coded so that "...the block rewards for first x blocks are 10k per block". Except for you.

Maybe a little more reading and a little less calling people liars for explaining demonstrable facts to you might be in order.

So far, all I have written are facts. No speculation. personally I mined the coins because it seems great. Yet the early blocks which had 10k each makes it impossible to be a worthwhile investment from both the miner and the investor's perspective. And don't give me BS. I have mined this coin for 7 days. Which is now nothing more than a lost hashing power.

Almost nothing you have written is a fact, and you have yet to apologize for calling me a liar when every word that I wrote about what happened was not only true, but has been demonstrated to be true. It's not worth the keystrokes arguing with you about how 1.6% of the coins were mined when 98.4% of them are left to be mined.

Again, you don't want to face the issue at hand, and just find ways to keep coming back at me. Instamine will ruin this coin because the early miners holding bags of 100k-500k coins from the day one will keep dumping the shit until its at 3 satoshi each. While right now the blocks are giving out only 470 coins.

Please tell me in what way this coin will ever survive like this. You'd rather let the coin die than admit that there's a problem of instamine?

I'd rather if the devs had the coins and they'd post the wallet address here for the sake of transparency.

Except for the miners, who will be the biggest losers, this possible dumping will hurt whoever buys IPBC once it goes to the market or whoever is buying on OTC, prices are already high apparently... Some experienced users are apparently offering solutions to avoid bigger problems .