Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [YC] YellowCoin ★★ 7 Day PoW/Pure PoS ★★ Let's color the MOON !!!
by
Halofire
on 22/04/2014, 17:33:41 UTC
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.