Post
Topic
Board Announcements (Altcoins)
Re: ANN FTS Coin is launched!
by
dominguero
on 20/04/2020, 00:39:08 UTC
can you give coin specs please?

Sure

-25,000,000 total coin supply
-8% premine to be used toward coin development and growth
-100 year distribution time
-roughly 90 second blocks
-average current reward 1.37 FTS/Block
-asic resistant POW cryptonight algo
-later generation cryptonote fork privacy coin

1.37 FTS/Block and 2.000.000 premine... this doesn't make sense

Now the Premine of the actual emission is 97% ... 97%

In five years, the premine will be 50% ... but in five years no one will care.

Who is going to mine this coin for 1.37 reward, when you have 2 million?

This is the most centralized project I have ever seen, congratulations.