Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | DarkSend (exciting new feature) | KGW | No Premine
by
Synapticwave
on 26/02/2014, 02:29:09 UTC

I don't see why someone stating facts would make you reach the conclusion that they are greedy. I hope the dev can elaborate on the total coin cap. If it indeed can only reach a max of 10.5M then those coins mined in the first 24 hours have a much bigger piece of the pie and make the distribution unfair. I agree that early adopters should have an advantage, but 17% of all coins? How many of those are the Dev's? Sounds like a way to get around pre-mining to me. Of course I hope that is not the case because I did invest some in this coin as well and would like to see it succeed in its goal for complete anonymity. But because someone asks for transparency does not make one greedy.
I have nothing against transparency and darkcoin has been very transparent. It's only 17% of all coins if you believe there will only be 10.5 mil. And exactly, we don't know how many coins the dev has. It's best to give benefit of the doubt then jump to conclusions of pre-mining. Remember the dev was in this chat looking to buy dark earlier. To end, I don't think he was asking for transparency, I believe he was stating his conclusions. I didn't see a question at all in his remark, just an opinion

The thing is that only 17% is ALOT. For perspective, 17% of bitcoin is well over one billion dollars at the current price. In other words, my concern is more whether the total cap really 10.5M instead of the 84M advertised? If its 84M, then those coins mined in the first 24 hours are much less significant. Fair distribution is important to the success of a coin, or else Drk will just be replaced by the next coin that is able to copy its features.