Post
Topic
Board Announcements (Altcoins)
Re: [ANN - NEW COIN JUST LAUNCHED] *EarthCoin* Is Here To Make A Splash For 2014!
by
illodin
on 23/12/2013, 10:28:10 UTC
It's pretty easy to make a premine transparent if you really want to do so. Don't shift coins around and post on your website a ledger of all the withdrawals/transfers with transaction ids and purpose (linking to giveaway threads for instance). You could dump most of that info out of the wallet so it would really only take an hour or two to setup. Once all your books were completely public I think most people would shut up about the premine and your coin would even be seen as setting a new standard in transparency and professionalism.

Actually you could do this in 5 minutes if you're worried about the effort. Click on the export transactions button in the wallet or wallets holding all the premined coins and post that CSV file along with links to the threads where you did giveaways or bounties. Put up a modest bounty for organizing this into a readable, semi-pretty form and you're done. This will give your coin an innovative feature (transparent premine) to set it apart from the rest. Even if the devs are planning on taking some of it later I don't think people would flip out as much if it were transparently done at a later date (so that people know that you have incentive to keep developing and not abandon the coin).

This sounds like one of the most sensible things said so far in this thread. Earthcoin, are you willing to do this?



Will never happen  Cool

Prove us wrong Earthcoin...account for the 300million coin pre-mine..bring your coin to be something other then a pump and dump scheme  Wink

Big giveaways are already happening and have happened. I personally received 30k from the first giveaway, thx btw. Smiley Developers should keep some of the premine for themselves though, it's much better that they can concentrate on actually developing than mining with the rest of the professional miners.