How does one premine PoS?? even if dev collected 10% for seven days on the 5,000,000 PoW premine, he would only yield just under 10,000,000 coins. How are you guys coming up with 50 million for premine??
Also .5% of 100,000,000 is 500k, not 5 million. So dev would end up with 1 million coins after 7 day-10% period.
Please explain to me, without troll-hardened commentary. looking for serious explanation. thanks.