Re: [ANN] [ZOD] Krypton - A community-driven privacy-focused cryptocurrency
"No pre mine"
"This small core team started to mine ZOD on 15 th of August 2019 to ensure chain stability, up to block 5000"
"This small core team started to mine ZOD on 15 th of August 2019 to ensure chain stability, up to block 5000"
Well to secure the network you have to start somewhere, right? Nevertheless, it wasn't a big chunck of the whole supply and it was no pre mine as we mined them as it is intended in a PoW blockchain.
100k coins is a premine. So rather say you have a premine.
so this coin is like 10000 others.....
Nothing new here
The mining from block 1 to 5000 was still public to everyone. Only the announcement of BCT was on block 5000 as we wanted to test out different things e.g. soft fork, set up mining pool etc. That being said the "core team" (if we can call it like that) maybe hold 0.01% of the whole minable supply.
I hope you get my point on that
