In my opinion, ByteCoin is not premined.  Others who are butthurt tend to disagree, but the fact of the matter is that it is debatable because the coin wasn't "premined" in the strict sense of the word.  FUDsters throw that around way too much.  If anything DarkCoin was 50% premined because half of the current coins were instamined within 48 hours of launch!  Look at all the DarkCoin fanboys, blind to reality.  ByteCoin was relatively unknown to the public, so they scream premined!!1 when in actuality it was mined by thousands of people for a few years.  BCN is the real deal...Monero is a poorly marketed and branded copy cat and DarkCoin has it's many flaws which I don't need to get into.  BCN and ducknote FTW.