Quote from: Bing_Bang on June 04, 2018, 05:54:32 PM

Quote from: Gravium on June 04, 2018, 05:35:16 PM

Quote from: Bing_Bang on June 04, 2018, 04:21:16 PM

Quote from: Crypto_Monk on June 04, 2018, 04:40:19 AM

Quote from: whhynothro on June 04, 2018, 01:13:45 AM

I see you guys have managed to identify a problem but didn't notice solutions being offered. Do you guys have a white paper? How will you attempt to accomplish a remedy for the issue you have put forth? Why are you pre-mining? I'm sure It'll go to the dev team but for what purpose? An outlined plan would be very encouraging as far as my time and investment are concerned.

Hi whhynothro, thanks for visiting and taking the time to post.

We are currently developing a whitepaper, that should be available shortly. We have a very small pre-mine of 1.5% compared to many cryptos that have 5-10% for a premine, or others such as DASH that have a 10% of block rewards for development.

The premine is being used for the development of the blockchain technology and for things like listings on exchanges and other site.

I hope this clarifies

You are lying!!!! Pre-mine is 2 283 824 coins!!!

https://github.com/Gravium/gravium/blob/master/src/validation.cpp#L1236

Quote

if (nPrevHeight == 0) {
   return 283824 * COIN; // 1.5% premine
   } else if (nPrevHeight == 1) {
   return 2000000 * COIN; // 2mil for desire swap
   } else if (nPrevHeight < 20159) {
   return 1 * COIN;
   }

This is SCAM 100%

It clearly said that the 2mil is for desire swap. So for users, not for Gravium developers. Only the 283824 GRV is for developer aka us which we're going to use this as dev funds.
We're going to burn those remained 2mil GRV with proof.

Where can ordinary people see it in the announcement? I do not see it.

I see it

Quote

   Max supply: 18,921,600 + Swap from DSR
   Block time: 1 minute
   Block reward: 7 coins
   Difficulty change: Every 16 blocks
   Block reward reduced by 1 coin at every 1.051.200 block until 3,153,599th block
   Hashing algo: x16r
   Pre mine: 1.5%
   Payment structure: Pow 44.75% Masternodes 54.75% Dev wage 0.5%

This means you are hiding information.

Quote

Max supply: 18,921,600 + Swap from DSR