Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Helix [HLX] 5% PoW / 95% PoS hybrid with Masternodes
by
ProjectHelix
on 28/08/2018, 15:03:17 UTC
Hilux got this ticker HLX already!

I dont see it on coinmarketcap, bittrex, binance or any other exchange.
It seems to be only done a "premine" and trying to sell those coins directly to people by direct bitcoin payments.

Heya guys, don't mean to interrupt, it's just that our community at our discord saw your post and wasn't too happy about this comment so they asked me to comment.

I'm one of the core team of Hilux coin and yeah we're not on bittrex or binance, and our coin has been discovered by the community at their own initiative when we were busy building infrastructures. Our main focus wasn't to do a premine and then try to make money out of it because we would be better off making pure masternode coins instead. Pure masternode coins (or close to pure MN) are controlled mostly by the founders because they will own the initial masternodes which in turn generates the coins, hence it is more centralized than Hybrid types like Hilux. It is also easier to sell coins when a coin uses pure Masternodes because they are only available at the disposal of the founders.

Hilux uses Masternode and Proof of Work which allows more decentralization so that miners can earn their own masternodes and we encourage the public to do that. This in turn distributes the coins to the public than the founders.

To understand our goals better, i'd encourage you to visit our ANN at : https://bitcointalk.org/index.php?topic=4780650.0

All the best and cheers.

We already acknowledged that you guys are the first project to use the HLX ticker and we also found out that you were already on multiple exchanges. We changed our ticker from HLX to HLIX, there is no need to put a entire advertisement post here.