Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
JollyGood
on 20/07/2019, 13:38:22 UTC
If there was any premine of DASH how much was it?

There was never any premine of Dash. Premine means mining before public launch, this was never the case with Dash.
Dash had some bugs in its software, when it first forked from Litecoin which caused a rapid creation of blocks in the first
two days of existance. This was then fixed by lead developer and the blocks got created at intended rate. Those that profited
were basicly the miners that were mining Dash in those first two days. Most of those miners sold Dash at large quantities on the open
market.

What happened to Dash is called an instamine, and it can in general include a number of issues. Ranging from faulty code (Dash)
to one entity holding million of coins (Satoshi / Bitcoin) to abusing mining software by hamstringing it with regards to speed while
favouring a select few miners on secretly faster running mining software (Monero).

To lean more about Dash instamine and how much it exactly was : https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification

Thank you for the link. It is good to have that information on hand to understand what really happened.