Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SecureTag] [STG] [PoW/MN] [ NeoScrypt ] - A unique blockchain project
by
suncoastcrypto
on 28/08/2018, 03:51:29 UTC
thats nice, explorer allready shows that its been mined. Nice premine you have there.
Never going to take part in that kind of projects where they say that it will start on 1 sept, but it is allready beeing mined, over 2000 blocks allready.


UPDATE:
We have decided to reset the blockchain so that it will start with much less blocks being mined. It will be at around 1000 blocks at launch now with the payout from those first 1000 blocks being only .1 coin just for testing purposes (except for the identified premine amount). We hope this shows you that the team is responsive to our community and will take the responses from our supporters and consider them in our future endeavors with this project.

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Just being mined by a single rig at this time just to test the chain and masternode system to ensure it is working at launch without issues. First 3000 blocks were set at a very low payout after the initial pre-mine just for this purpose. We wanted to test out the difficulty system, block payout changes and masternode system prior to launch. Launch was pushed back from the original date of a couple of weeks ago just because issues were found in the first round of testing which were fixed before restarting the whole chain over for this testing period.

Much of the coin mined in the testing period will be going to giveaways in our discord group starting this weekend.
The premine coin (just under 6%) will be going into a separate premine wallet and all transactions will be detailed on a channel on our Discord group for complete transparency.

Our team will be transparent with our community for this entire project as we are a group of long time miners who have supported many coins in the past and have also been burnt by shady developers and scam projects so we understand the concern.

In the end, we feel we have a very unique project which will bring a different use to the block chain aside from being just another coin in a sea of currency related projects. Once we provide more details on the project and the roll out plan, I am sure our community will see the value in supporting this project long term.