Re: Vertcoin holders! almost 20% of your coins were mined in the first 30 hours
Firstly:
There was no "intention to creation an instamine coin" - using statistics as a basis *after the fact* to try to justify something is either foolish or idiotic. Plenty of inferences can be made in practically every statistical analysis of any set of data ever.
The fact that 20% of the *current* coins were mined in the period is pointless. Currently vertcoin has 100% of its coins mined in the current period - the current period here being about 4 months just over - an insignificant period of time for you to draw any conclusions from.
There was no "intention to creation an instamine coin" - using statistics as a basis *after the fact* to try to justify something is either foolish or idiotic. Plenty of inferences can be made in practically every statistical analysis of any set of data ever.
The fact that 20% of the *current* coins were mined in the period is pointless. Currently vertcoin has 100% of its coins mined in the current period - the current period here being about 4 months just over - an insignificant period of time for you to draw any conclusions from.
+1
Almost all zero premine coins exhibit this behavior early on. Not sure why OP has to label this to just VTC. Trying to say "no premine" is not any betteer than certain % premine may have been his agenda. LOL..
It's like saying "wine drinkers! The fine wine you drink were first stamped by farmers with their unwashed feet and let to rot" with an agenda of not glorifying fermentation which is a rotting process to look another way
Maybe OP is still in college and learning to answer exam question which involves "stating the obvious"