Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MOON] Mooncoin: You know where it's headed! LAUNCHING 12/30 @ 1PM EST
by
socket
on 30/12/2013, 21:46:17 UTC
Go to multipools blocks found shows 20 to 49 and then the 1081 and so on so pretty sure that address where those 570 mill coins went is multipool. Doesn't show 1-19 but its the same address so doesn't look pre-mined to me.

There are two ways to premine.

1) premine
2) open a pool, the only pool, with the only compiled ready to mine wallet, wait 5 minutes with 1TH, solve 100 blocks, then call it a day.

Oh but #2 isn't a technical pre-mine. It is the obvious consequence. What's the difference?

There difference is that with #2 those coins belong to miners who submitted shares.  The pool was available for days to register for an account... so I donno how that equates to a premine.  But, on this forum looking at Bitcoin/Litecoin source on git and thinking about starting a coin might be a "premine".