Currently in circulation about 5 mln (4.953.648) coins, and up to 9 mln still far away. So developer(hover) owning 2 mln premined coin has 40% coins.
./hotcoind getinfo
"blocks" : 115666
115 665 * 64 + 2 000 000 ~= 9 402 560
minus some total orphan blocks.
To see how many coins were hidden need to spend an hour of time to walk by blocks move premined coins and see how they are constantly changed addresses,
I don't have info about tech working coins and block explorer but I see similar situations in ex. Smartcoin when if developer pay from premine (generic block) then rest of premine (from this account) change address (transfer) automaticly to new random address.
Maybe other developer (from other coin) can explain this mechanism. Maybe I'm wrong.
I don't know if all "strange" transfer was done automaticly.
Next. many other people have big (more than 100 K) amount of Hotcoin. Some of them make some transfers.
You are right, developer is entitled to keep some coins for yourself , however - it should be honest and open.
Yes this should be more transparent. With full list spent transfer but currently is not possible.
because it was not exactly recorded and tracked. there were lots of giveaways and bounties
Also developer(hover) is trying to ignore and hide information about premain. Initially info about premine was removed from first pages of this topic, it is now placed in a section is not relevant to describe the coins, and in description of coin there is no any info about premine.
This info was on OP long long time, but was removed in re-editing OP page. and still should be on OP.
On forum
http://hotcoin.tk/index.php?topic=5.0 and other materials that I wrote is info about premine.
Best Regards.