Quote from: Vann on May 06, 2014, 09:34:47 PM

Quote from: cassius69 on May 06, 2014, 09:28:24 PM

Quote from: rudius on May 06, 2014, 07:54:38 PM

Quote from: Dogemogul on May 06, 2014, 07:46:02 PM

So does this change the premine to 1% instead of 0.5%? And was this a premine of POW coins or POW+POS coins?

nope, premine is 0,5% of 100 million = 500 000 coins

With the available coins, premine is 5% as they are only 10millions coins out there.

given what happened to POW coins, i would like dev being transparent about his premine. We should have the address of where the premine is, and an explication of what is used for what. That way we avoid trolls going on saying this is a shit coin.

i cant believe what im seeeing. good ideas.

At the current price of 1800 sat, the 500,000 coin premine amounts to 9 BTC. Hardly an amount to make an issue out of. The dev has been very transparent so far and also had a number of giveaways. Even going out of his way to reimburse people that rented rigs for the first launch. The source has also been audited and confirmed the premine amount was 500,000 coins or 0.5% of the 100M total supply.

https://bitcointalk.org/index.php?topic=590681.msg6546825#msg6546825

Conclusion:

ppl who are selling now will be mad in the next couple weeks lol