Can anyone tell me the truth?
How about this coin?
It's really premined?
How about this coin?
It's really premined?
It says so right on the front page. Their first failed attempt it was zero premine but they seen a lot of people where interested in it so they jacked it up to a 2% premine. Then they gave the source to their buddies and two pools so they could get mining on it first. They are so lame they could not even complie a windows wallet inbetween the time of their first failed launch and the second private launch. The source code was released after his buddies and two pools were mining on it for 5 minutes or so. These fools are not devs they are copy masters.
Algorithm: Scrypt
Block Reward: For the first 5 months, rewards step down from 500, 250, 125, 75, 50.
Block Target: 150 seconds
Difficulty Retargetting: Every block
Max Supply: 60 million
Premine: 2%
.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.
I've been in communications for some time, and I know a coordinated disinformation campaign when I see one. This statement is patently false. There was no private launch.
Then why was the source not posted for all to get? Why was there no windows wallet complied so people could solo mine? Why were only two pool giving the source code and the source code not posted so all of the pools could get it at the same time? You can't say it was not premined because it was.
The source was posted at launch. The windows wallet was compiled shortly after launch. Solo mining was never recommended and would not have been possible at 200+ difficulty without in excess of 60 M/H in power. You said private launch, which indicates some public miners were given an advantage. This is not the case. Nice try.