Even if i was being hypocritical or even if i was the devil it changes none of the facts in the OP.
There is no if. You were.
As for the facts of the op, they are sensationalist bullshit. OP doesn't even know what he reads, or if he does know what he reads, he intentionally misrepresents it.
I'm talking specifically about the "2 million+ coins to a specific address that I hold" red bolded part.
That was part of the airdrop plan.
If the airdrop happened, it would be programmed to create new coins. These would be in a certain address that the dev would control for a period of time so that he could then distribute the coins to those who would receive them. It's logical. OP took that part and misrepresented it that the dev has 50% of the coins, apparently with malicious intent.
1. it's okay to launch without a windows qt or pools, because some people don't mine at all or know about crypto. Best put that to vote on the main section.
No, I'm saying there is no such thing as "fair". You can define it any way you want, but there is no consensus. Most people mean fair = what's convenient for me.
A GPU coin can be "unfair" for CPU users. A coin that has no mac wallet can be "unfair" for mac users. A coin that has no windows wallet can be "unfair" for windows users. A coin that people don't know about it can be "unfair" (bitcoin) for those who lack awareness. Even electric cost per area makes coin profitable or unprofitable depending where one is mining them - and thus for some it's "fair" and for some it's "unfair" because they cannot participate in mining. It's all extremely relative.
2. all fast pow mining coins that jump to POS after a couple of weeks are classed as instamine?
Yes they are. Because they are mined during a very narrow window of time, essentially giving the entire monetary base (not a small percentage of it) in a few days (which, compared to decades-long-lifetime of a coin, is just an instant).
Of course that has the benefit of zero inflation later on but someone who discovered the coin a week late can say "fuck this, I have to buy it from bagholders". Absolutely zero chance of mining himself. In this regard DRK is infinitely fairer than any such mining scheme. And it was far cheaper too to buy, not only after a few days, but for weeks and months.
To me instamine is where the dev team or handful of miners get unfair advantage to mine over other miners at launch and pick up the easy coins in bulk. These new fast POW stage coins are not essentially instamine to me if they are announced and everyone has a fair chance to mine against each other. Where no person gets advantage.
Instamine is instamine, announcement or not, participation or not. It all has to do with the rate of issuance over a given time.
Let's get serious too, even WC that shit coin version the first dev made had a diff retarget that actually worked to STOP instamining it retargeted very fast. DRK's diff stuck at super low with blocks on super high = steroid instamining powers right there + no competition from windows miners or pools.
Steroids?
DRK's instamine was SLOWER than any instamine of PoW/PoS hybrid. Do the math. 2 million coins in 48hrs. To get to 84mn coins (22mn limit was implemented in March) you'd need
84 days (assuming diff remained the same and 500-coin blocks were issued). Even if I count it with 2mn per day, you'd still need 42 days to get to the 84mn limit. And even if I adjust it to today's current max of 22mn coins, it'd take 22 and 11 days respectively (for a production of 1mn coins per day and 2mn coins per day).
Nothing you have said changes the facts in the OP.
Read above about the blatant sensationalism bs of the OP.
Just admit it had a instamined unfair start and that's it. I mean you guys justifying it keep bumping this thread more those do that refute your claims that the instamine was fair or had justification.
This has been covered extensively. The dev himself has said I screwed up with the launch:
https://darkcointalk.org/threads/the-birth-of-darkcoin.162/...If he didn't believe there was a problem why would he ever propose to fix it through the airdrop (which was voted down)? What's more to admit?