Ninjastic
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Re: 【Truth or FUD???】 DarkCoin – The Next Big Thing, or Just Another Pump and Dump?
by
darkproton
on 06/06/2014, 02:53:33 UTC
Quote from: JamesBond009 on June 06, 2014, 02:49:14 AM
Quote from: AlexGR on June 06, 2014, 02:44:42 AM
Quote from: jly77 on June 06, 2014, 02:40:26 AM
It doesn't explain why 50% of the coins are not held by Dev.

It doesn't explain why 250% of the coins are not held by Dev either Tongue

Premine = the dev creates a coin where a number of coins (from 0.0001% to 100% of the coins) goes straight to a certain address and is then used/distributed etc.

Instamine = fast mining (where many are mining). Example = PoW/PoS coins which the entire monetary based is instamined within a week. Now, just because something is mined fast doesn't mean the dev has 100% hashpower. Go to the Darkcoin thread and look at the miners and their WTS 10.000 DRK for 0.25 BTC.


First 15 hours, 1.75 million dark coin were mined.

Darkcoin is currently at 80,000 blocks, but there’s only 4.3m DRK out there. Five months later, the 1.75m generated during those first 4200 blocks still represents 40% of all DRK in existence.

 Huh