use for a while the genesis to mine with POS (which will be ~30% from all coins mined every day) and all mined webds to be used in very big bounties campaigns using our automatic bounty system, which will lead to mass adoption.
So you want to use PREMINED coins in a POS system? This is a real theft.
This will lead to centralization (rich get richer) as currently the devs have the most WEBD.
Adding POS to a PREMINED cryptocurrency is the end of it. The devs have 1 year worth on mining funds, no one has even close to that. They want to use premined coins to mine even more (through stake).
Man, this is extremely shady.
We truly belive this is the best solution in order to reach mass adoption
LOL. Do not insult our intelligence, please.
I don't like it either. The premine alone is bad enough. Staking it is even worse.
If you really need to secure the network, ok, stake it for a limited time, but make a transparent system where the coins gained from staking the premine are immediately burned.
The premine should be used for bounties, as was promised, not for creating additional coins or increasing the staking difficulty for everyone else who actually bought or mined their coins.
If you keep breaking your promises, no one will be able to trust you in the end.
And I'm saying this because I really like this project.
Agree with you. Wallet with premine should not be used for staking.
First of all, this wallet will have the highest mint probability, "rich get richer", yeah.
And if you will use this stake coins for bounties, airdrops, so on, there will be too many "free" coins and price will be 1 satoshi.
Premine was created for this purpose by itself. All stake coins from premine wallet must be burned.