Post
Topic
Re: [ANN] DERO: DAG + Cryptonote + Bulletproofs + SSL + POW + Smart Contracts
by
jopari
on 19/07/2018, 16:39:36 UTC
The early transactions there (before topo 260928) amount to ~2000238 DERO, 2m of which are the premine, the inputs from 2 to 7 are mining rewards, and 2c47.. at 72 seems to be the transfer of a mining reward from another wallet. With the 18 that you call "change", that amounts to around 2000238 DERO. At topo 260928, ~2000206 DERO are received. This means we need to account for 32 DERO. Capt has previously said that 26 DERO were spent for "exchange testings" [1], which means only 6 DERO (0.0003% of the balance at height 72) are presently unaccounted for. Because I only have that data and the encrypted blockchain to go on, I think such a tiny discrepancy should be permissible.

And it's important to note that, assuming that those 26 DERO were indeed spent from the premine wallet, *because that wallet also received mining rewards, none of the 'actual' premine seems to have been spent*. But DERO is fungible, so who cares either way? The whole point of fungibility is that coin units are indistinguishable.

[1] https://old.reddit.com/r/DeroProject/comments/8xy0ht/dero_ama_with_lead_developer_july_2018/e2d1ner/

Please stop this mud-slinging.