Quote from: eduffield on April 07, 2014, 05:00:32 AM

Quote from: cryptohunter on April 06, 2014, 09:34:22 PM

Quote from: InternetApe on April 06, 2014, 09:24:05 PM

The way I looked at it a larger block size at the beginning is the incentive for people to get it at the start. If the block reward we low at the beginning its would be harder to get people to start mining. Miners need a reason to stop mining what ever they were currently mining and move to darkcoin.

Am I wrong?

Don't insult the intelligence of people on this board with this rubbish.

We want to attract miners lol.... start by providing a windows QT ...you want minerslol but you don't want them to be able to mine??? It was a scam plain and simple.

How can anyone argue with this - there is no justification for cutting windows users out from this super instamine period. That windows users were cut off from.... please understand the magnitude of this Instamine it is MASSIVE>

1. The block reward was 500 every couple seconds at launch! Not 20 or 50 coins every 2.5 minutes as listed. There was also no windows wallet so only linux users could mine. This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours. Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!! All mined in the first 24hours by just a few wallets. Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)

2. Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.

3. My opinion is that it is unfair and unfortunate that this occurred and IMO it represents a very real risk to Darkcoin in that there is an opening for a good dev to make an Identical X11 coin that has all the attributes of Darkcoin, plus a few more features, and have a truly fair and equitable launch. The instamining will continue to be brought up as it currently represents about a 10% premine given the Dev recently reduced the total coins that will ever be in existence to around 22million!

Want to fix this once and for all? Vote:

https://bitcointalk.org/index.php?topic=559932.0

So you are going to give back the 2million (50% of all drk coins that exist) that devs and a few pals mined in 24 hours or not?

You can't ask the thieves to vote on whether they want to give some of the loot back can you?