Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
sippsnapp
on 08/04/2014, 14:56:16 UTC
why it's the best coin ?

Probably because he instamined it or bought too much.

I love how mining at the beginning of the launch is now synonymous with instamining. Lots of sore miners showing up in here.

It's synonymous with instamining because there is no other way to describe 50% of currently available coins being released in 24hrs. After block 4500 the reward dropped from 500 to 56, and the difficulty retarget was changed from 24hrs to 1hr. It's one the most terrible launches I've ever seen. I wish it had been done right in the start. It just looks bad, and the bad press will unfortunately open the door up for numerous "fairdark" clones.

I'm not a "sore miner' as I was mining xcoin a few days after launch, although I didn't know about the instamine at the time. You could also argue that I benefited from buying at low prices, which I did, but it doesn't mean I don't care about the blatant instamine. Something like that will haunt a coin. People hate quark because of its "unfair" distribution.

Agree,  to outsiders this gives a very bad taste, i was annoyed with it in bitcoin already. The thing is, theres no valid reason im aware of to distribute 10, 20, 30, 40 or even more % of a coin within the first weeks, months or even years while theres no or barely an economy where such a distribution is needed. Its not benifiting the crypto currency image and as beeing sayd it does not benifit a coins image. Wish i could write different, but thats how i see it. Its not a darkcoin issue alone, bitcoin did it already.