Post
Topic
Board Altcoin Discussion
Re: Blatant Scam Darkcoin - Instamine 2 millions drk = 3.5 millions USD !!!
by
Zzzack
on 26/04/2014, 17:10:24 UTC
Same with Vertcoin, more than 110 000 coins instamined.
Here is more info on how they've done it:  https://bitcointalk.org/index.php?topic=576107.msg6397907#msg6397907

Thank you for you information.


Nice bullshit, someone mined it after launch, surprise....Check Litecoin first hours if you want to have another "instamine" report - or basically every other coin that did start with litecoin based difficulty algo.

There was no "bug" that gave people more coins...its simply how the difficulty works for almost every coin.

It's a distribution flaw, a failed design rather than a bug.

Litecoin, dogecoin, and Vertcoin were all instamined. It's fun to compare a scam coin like quarks distribution to these 'legit' coins and you'll see how big a role marketing and FUD effect our perception of coins.