there was a 1% premine it says so on the OP
Here's the premine transaction in block 1
{
"txid" : "9288d6138f74c738dfcf4e933c14f5b2a1669ae8836cadfa822d29b474c8153e",
"version" : 1,
"locktime" : 0,
"vin" : [
{
"coinbase" : "510104062f503253482f",
"sequence" : 4294967295
}
],
"vout" : [
{
"value" : 550000.00000000,
"n" : 0,
"scriptPubKey" : {
"asm" : "022ab4751fb032d57aa65c197560766a14655ef4797ae072ca40e227f2cdd03c44 OP_CHECKSIG",
"hex" : "21022ab4751fb032d57aa65c197560766a14655ef4797ae072ca40e227f2cdd03c44ac",
"reqSigs" : 1,
"type" : "pubkey",
"addresses" : [
"RGCTvYze9spFiqfw8sv3EXdKiZChNJovMN"
]
}
}
]
}
It seems this coin has also been mined for 12 hours before "launch". I'm switching back to something else.
No it doesn't. Check whether any more blocks have been mined before the launch.