Post
Topic
Board Development & Technical Discussion
Merits 2 from 2 users
Re: Premined Bitcoin Testnet Coming Soon?
by
1440000bytes
on 20/05/2025, 20:33:12 UTC
⭐ Merited by BayAreaCoins (1) ,vapourminer (1)
Related IRC conversation: https://bitcoin-irc.chaincode.com/bitcoin-core-dev/2025-05-08#1119190;

Quote
17:00 <Murch[m]> Next testnet reset should have a substantial premine for any dev that signs up in advance to get one
17:00 <Murch[m]> That should make it easier to get coins to anyone that needs them and provide ample coin to sell into any exchanges that might start trading it
17:01 <Murch[m]> Like maybe 1'000'000 coins per party that wants any
17:15 <_aj_> 10.5M coins divided by how many people sign up, and block reward halves every 105k blocks would make the maths easier maybe
17:16 <laanwj> dzxzg: a fun idea but i'm afraid giving them unique colors will only encourage people to collect them all Smiley
17:28 <laanwj> Murch: yes you'd say if the premine is that large it will discourage people from trading them for real money, on the other hand, crypto people...
17:31 <Murch[m]> Given that Testnet 4 was immediately monopolized and traded after launch, it seems like another thing that could be tried
17:32 <Murch[m]> Giving out half the coins in advance and halving the reward schedule like _aj_ suggests sounds good