Quote from: worth on January 24, 2014, 12:11:05 AM

Quote from: altcoinguides on January 23, 2014, 08:05:15 PM

We pre mined the 1% and then find out that someone else was mining and at a very fast rate. We could have waited 8 hours until the normal launch (allowing this unknown miner to gather more and more coins), but instead we decided to launch early, allowing the general public to get the coins instead of this unknown pre miner. We did announce it on the astrocoin twitter page ...
I was angry when i heard that we had to do that but it was necessary. I'm sorry for those people who were on time and missed the launch.

This early launch brought up another problem. Since there weren't many miners, some of the coins were pretty much instamined at a low difficulty. Our response to that was to ask the pool owner to confiscate the 1,015 or so coins and hand it over to us. We have placed those coins in cold storage and made that wallet public so you guys can check on it and make sure that the coins are not removed. THOSE COINS WILL NOT HIT AN EXCHANGE. They will be used for promotions and projects if it is even used at all. We will account for every last mASR, you can bet on that.

So let's see... you saw someone was mining who shouldn't have been, abruptly launched early, then you confiscated coins from the people (like myself and others who have posted in the thread) who heard about the early launch.

Yeah, that seems totally legit. Roll Eyes

Exactly, could have canceled and restarted the chain, ~~but don't steal work from miners. It's the fucking wild west and if a coin is mining, I'm on it. By that same logic, getting burnt occasionally is part of it, BUT NOT FROM THE DEV!~~

GOT PAID