I am seeking some transparency (rather than call it a scam) from the developer(s). There are some definite red flags and before anyone wastes any time, money or power it would be much appreciated if you could fill in some blanks.
1. What are the plans from the premine? _____________
2. How many masternodes are the developers or insiders running? _____________
3. Could you explain in detail the differences between version 1.0.0 and 1.10 and how the block calculations are made (hard fork concerns)? _____________
4. Is the block explorer running properly (as there is some discrepancy in the first block and some transactions don't seem to have a full history)? _____________
https://explorer.zyrk.io/address/ZD9iWeTdk57VEKNFnkcXU9NidVvnojQ3SU (see "Total Sent" and "Total Received")
(This happens to be the premine address)
5. Can you verify the total supply amount in code since the block subsidies are random? _____________
6. Has the code base been fully tested? _____________
I have snipped some of your post, just to save some room. I will attempt to answer all the queries you have raised though.
- 1. Funds raised from the premine aim to pay for development, server infustructure, any outsourced work (advertising/marketing), compensation from bugs (e.g the reward calc bug) and research and development.
- 2. Currently zero.
- 3. The main difference is that when Masternode payments were enabled the block rewards were calculated (block reward -35% for masternode reward) but mistakingly recalculated again removing a further 35% from the mining reward - masternode rewards remained correct.
- 4. Block explorer currently shows last 100 transactions, which we can increase to 500 for addresses with many transactions.
- 4b. The premine address is a bit different as when expenditure occurs we use the premine address as the change address, this shows on the explorer as sending X amount out and receiving it back. When in reality it hasn't.
- 5. MAX_MONEY is set at 42,000,000 after this block rewards are set to 0 ZYRK and only fees are rewarded.
- 6. It has been tested internally by us, but as all beta software (Bitcoin included) there can and will be bugs. Our source code is open so fully verifiable.