Quote from: Maestro1 on May 03, 2014, 08:42:56 PM

Quote from: Shurugwi on May 03, 2014, 08:35:27 PM

Quote from: elend on May 03, 2014, 08:18:41 PM

ok, thank you for your answers.

I now understand what happened.

Just my opinion: I have seen several 51% attacks in other coins, which finally survived.
The 51%-attack isn't the problem if the developers create a checkpoint and handle it appropriate.
And exchanges even re-enabled such coin for trade afterwards.

But the huge premine is a new problem never seen in any other coin, as much as I can remember.
The survival of AC depends on whether the devs can handle these premined coins in a approriate manner ....
We will see what the announced AC ver2 will bring to us ....

Same thing, same code, happened to SHA coin and killed it.

Was it the same thing that happened to SHA?

I believe the code was cloned from SHA. It was mentioned in #ProjectZIM earlier. CryptoGir tried to save SHA after the dev vanished and found the badness. He then started ZS(ZimStake)