Post
Topic
Board Announcements (Altcoins)
Re: [ANN][NUD ₦ ] New Universal Dollar | Bcrypt | 0% Pre-mine | First Anonymous
by
lexusivan888
on 16/06/2014, 11:33:58 UTC

We have premined 501 blocks and will create the appropriate transactions within a week of the new launch.

501 * 50 = 25050 NUD. Do you really need so many blocks/coins just for testing purposes?


We will not take any of the premined NUD for ourselves

How can we be sure about that?

This is no longer a test, unless some major bug is found again and the blockchain will need to be rebuilt once more (which I very much doubt) this would never occur again.

All the 25050NUD will be distributed between the addresses of the first 5000 blocks of the old chain, since the chain will only contain 501 blocks upon release and we will not be sending by delegate it would be rather trivial to establish that:
A) We didn't acquire any NUD in a dishonest manner.
B) Everyone has been paid in an honest manner.
I will upload the old chain for analysis in the download page so anyone could review this. Your public addresses will remain yours so I would advise everyone to hold onto their private keys.


how to swap the coins ? can u explain more specifically ? i think a ratio of 1/3 is more fair,, coz scrypt mining was not that easy you think.
also, we mined and we contributed.