Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MINT]Mintcoin V1.9.1, Energy Saving Coin *27 Exchanges *59 Merchants
by
paspi
on 10/06/2014, 22:01:54 UTC
How come you guys aren't concerned about the $100M premine held by the anonymous creator of bitcoin itself?
Anonymous creator of bitcoin never stated that he will use the premine for the sake of bitcoin. People didn't contribute to bitcoin just because "there is a developer behind it, and the developer promised to use some premine when required for the coin". Bitcoin did not have alternatives, nor was born in a competitive ecosystem.

Anyway, I'm bored of the premine talk. If at some future MINT project does not arrive at where it belongs because of such simple things' insolvency scaring talented people out, I won't regret value of my MINT stash going down, but I'll regret the amount of time I put in MINT. It is worth way more than my stash, android bounties, or anything. I believe other people who are asking accountability have similar concerns.


Regarding android wallet: A bounty is a bounty, if anyone else is able to deliver a correctly working POS wallet before me, then I'm totally fine with them getting the bounty. If you want accountability, hire someone. This line goes to anyone who's confusing volunteer work with paid work. (If anyone wants to argue bounty is payment: the bounty was around 1.5-2 BTC when it was proposed (now around 0.5 BTC I suppose), and I estimate I put around 15 BTC of my time to the wallet so far, and I'm putting in more). Also I believe that I already proved android wallet's status so far: It's running in the wild (as alpha), you can see transactions in blockchain explorer that are created from an android phone (and screenshots), as well as correct calculation of proof-of-stake internals for later implementation of staking (See my posts since April).

Release of a wallet, addition of cool features to main client, announcing founding of an NGO will not make MINT's value rise in the long run, those kinds of news are only beneficial to daytraders. It's the continuous maintenance and activity which is important. That is done by a happy community.