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.
The way our pre-mine is being used has been clearly laid out in our whitepaper and has been adhered to very strictly. Calling us the "most centralized project ever" when the pre-mine represents 8% of the total supply (& projects exist where 50-100% is premined and controlled) is literally insane. All of our pre-mine is clearly spoken for in the roadmap that has been followed very strictly, and its also necessary for our POB system that rewards people for spreading mass adoption. I appreciate that your apprehensive, no one is forcing you to jump on board, but to the people that have been following https://projectfts.org and https://ftsmaps.com and https://ftsmothership.info the past year and have watched all our projects fulfill every promise we've made, those people know the truth and will be rewarded properly over time. Im sorry for your loss
