Yeah, the biggest problem is the devs obviously have the premine, so without the genesis block any fork would mean we'd still esentially be doing the work for them to dump if they have no interest in the coin.
The only other alternative is to just take the source and re-release the coin, and make it a community-based coin. Start over. Maybe some sort of scheme to verify your Cash coin holdings to receive that amount of the new coin. That way nobody loses any coins, and the developers won't have any premine of the new coin.
Unless there's a way to fork the coin right after the genesis block/pre-mine and ensure everyone except the devs can just use their cashcoin wallet and copy it over to the new coin and carry on as normal with the new coin.
Uh, would you mind pointing me in the direction of all this pre-mine you're talking about?
Not so much pre-mined but rapidly mined with 100 coins per block, ended up with 13k in the first day :|
Well, if it wasn't instamined by the devs, then the coin can just be forked from this point onwards and taken over. No issue there. Not that I am saying this should happen. Not unless it has overwhelming community support.