Re: [ANN] ☯ UniversityCoin UVC ☯ [PoW+PoS] PoW ends soon | Long-term Strategy
I like how the ANN post listed 20M coins during POW, and described a POW period followed by POS.. when in fact the coin was POW+POS from the beginning and there's only actually ~9.6M POW coins due to the POS blocks contributing ~50% of blocks between 0-20160...
The dev's "confusion" cost us 5+ BTC because we had to buy UVC to cover overpayments of POS blocks to miners during the POW period... thanks UniversityCoin devs!
The dev's "confusion" cost us 5+ BTC because we had to buy UVC to cover overpayments of POS blocks to miners during the POW period... thanks UniversityCoin devs!
Why can't people read...
https://bitcointalk.org/index.php?topic=590681.msg6502710#msg6502710
https://bitcointalk.org/index.php?topic=590681.msg6531709#msg6531709
btw your email to miners said 'We were mistakenly crediting POS blocks as mined blocks for UVC because it launched as POW+POS, which resulted in overpayments to miners.'
and now look at what you said
It's not cool man
Edit: hmmmm... Maybe that's what exactly dev wanted to do - to punish multipools! lol jk
If miners generate POW coins, and that coin BEFORE is delivered to miner from pool make POS coins on pool wallet, that coins belong to miner. pool take 1 - 3 %