Re: ANN|Kepler Network|First Mimble Wimble Confidential Asset Platform|Cuckatoo31
pub const DEV_FEE_TOTAL: u64 = 1_000_000; // 1M coins to match Satoshis Bitcoin holdings
thats what they have 1M dev share
total coin 21M
4.76% of the total coin of bitgrin dev fees.......
thats what they have 1M dev share
total coin 21M
4.76% of the total coin of bitgrin dev fees.......
These BitGrin coins are height locked and only unlocked once per month at 20k coins each time. This means the dev team always has 10% or less of the circulating supply, and rewards ongoing development and health of the coin by incentivizing the developers to continue well after the initial launch. Kepler on the other hand will have 100% of the circulating supply now, 50% of the circulating supply in a month, and so on. This is far too much and creates a terrible economy for a currency. There incentive will be to sell as many coins as possible, as quickly as possible, and then discontinue work.
Also: it looks like they have been shadow premining for 12 days: https://github.com/keplernetwork/kepler/commit/368bb2690389e0a9825ce2a1485dbb3e833d1732
are you sure you are a developer? it's so silly you say they have a shadow premine for 12 days.
please double check and try to FUD it again.
Please explain to me why the genesis block was created 12 days ago, and the chain was announced today.
if you ask this question, i think you are really new to crypto. you should setup an explorer and check it.
The explorer tells you nothing. It is simple to mine blocks on an offline node, giving you the longest chain after 12 days of mining, then broadcasting it later as the longest chain.
This leads to a re-org of the chain and is the single most effective way to attack a chain. It's called shadow mining or selfish mining. Instead of resorting to name-calling, please google it.
In fact, I'll do it for you:
https://www.investopedia.com/terms/s/selfish-mining.asp