Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] [PRELAUNCH] Catcoin - Scrypt meow!
by
overseerio
on 24/12/2013, 11:39:19 UTC
Quote from: Bitni on December 24, 2013, 11:34:50 AM
Quote from: overseerio on December 24, 2013, 11:27:19 AM
Quote from: WorldCoin Lotto on December 24, 2013, 11:19:49 AM
Quote from: FanEagle on December 24, 2013, 11:19:08 AM
It is strage indeed. mined 30 minutes before launch?

It was pre-mined 30mins before, ive said this already 100x no one listens :L
It's the genesis block, it needs to be mined before the official release (in fact, included in the source code itself), so that all the miners know where the chain starts.

Block 6 was the first accessible public block, as the official release had a checkpoint at block 5. It was mined at 12:32 AM: http://catchain.info/block/e1817f9e0874e9356057c0eb2bba817bc461fdbbc105d4f167953f8d28437f61
I started in pool half an hour later. Does the altcoins need some time to warm up after the genesis block or it was just some bug?
The genesis block can be mined at any time -- the dev just needs to add it to the source code at launch. After that, the miners will communicate with each other instead to assemble the blockchain on top of the genesis block.