Post
Topic
Board Announcements (Altcoins)
Re: [PRE ANN] HashShares[HAS] Scrypt PoW with Bitcoin PoS
by
sighle
on 14/01/2014, 03:08:21 UTC
You have a 500,000 size genesis block and then go on to say "no premine".

Tell me again how it's a "fair launch"?

Because 80% of the genesis block will be distributed towards donators, 10% will be used for bountys/giveaways/etc
and 10% is reserved for the developers.
We will then have invested around 30000USD out of our own pockets and countless of hours.
I honestly do belive you have slighty missunderstood the term premine.
Please read the entire Q&A.
Depending on how donations work out we might launch with even more capacity already pre ordered from the second Neptune batch.

How it's distributed is irrelevant. A premine is a premine.

In fact, allowing "investors" to buy into your premine makes it even more unfair.

I read your silly proposal. *IF* it's legitimate in any way, which I doubt, there is no reason for anyone to ever sell it. Especially your "investors".

Hence the problem with PoS.

Edit: Your premine is also equal to A FULL YEAR of mining. LOL.