what happens for this insane premine after swap?
The goal is that it won't swap, due to the coins being inactive. There's the chance the dev wakes up from a coma and we have an apocalypse scenario of him swapping and/or dumping, but that's the risk we take. It's either we try or just let people buy his coins and work from there. Not much else we can do, I don't want to have any "manual" human part of the swap process. It must be trustless.
so very risky !
this wallet? 1
PR5mGbfx...
24,999,999,843.00 PCN 49.71 % 1 day 16 hours
IF YES IT IS MOVING
Yes, that's coinexchange.io's wallet. Probably the dev's old wallet. But here's the catch: that wallet is being used for transaction mixing. Coinexchange.io says MY address on there has coins on it, which it doesn't. They're probably using that wallet as a bank. If they tried to withdraw that money, they wouldn't be able to cover the debit since there's not even 20 billion to make up the difference. I believe it's a matter of time until coinexchange has to answer for using people's coins as they please. I have evidence of them using the exchange wallets to stake, using my personal exchange wallet, so I know it's happening.
To be clear, that wallet is probably the developer's old wallet, but was confiscated by coinexchange.io as they need it to be able to process withdrawls of peepcoin from their site. Mostly because of the 99,999,999 peepcoin limit in a transfer, they probably got lazy and made it so it just pulls coins from wherever.
I'll send you a screenshot of my wallet withdrawl page and them staking what is my exchange wallet if you'd like.