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?
Wouldn't it by much more comprehensible (and thereby also more trustworthy) to convert the existing blockchain to bcrypt in the proper way, rather than creating a new one and employing some hard to grasp scheme of premining and transferring transactions to the new blockchain. This will essentially circumvent the crypto which we all trust in (otherwise we wouldn't use cryptocurrencies): The transactions were signed cryptographically with amounts decided by the users. Now if you break the scheme to create an 1:10 exchange, you have no way other than going completely without the crypto, thereby forcing all users to trust your benevolence as a monopolist. Discriminating cryptocurrency users do not need to trust a monopolist. They could just as well decide to take the source, fill in other seed nodes and use the other features on a "Community-NUD" blockchain, deciding themselves about a better way to switch to bcrypt if they want, and leaving you with your "Dictator-NUD" blockchain and your pre-mine.
The source is out there, if you want to hardfork your own crypto you can.
I have already warned people previously that this is an experimental crypto and no need to go crazy buying/selling it at such an early stage. I am trying to satisfy the highest % of people with my decisions however I understand that it might upset some. The network was never meant to accept scrypt blocks which are really easy to mine, one could hoard tens of thousands of NUD with a simple scrypt miner.
I have promised people an even distribution with bcrypt and this is what I intend to deliver, 1/10 of the coins is the appropriate reward for the early adopters that exploited the bug (not necessarily purposely), I think that the masses would agree with my decision, otherwise the masses can fork the client and gain more support. If anyone wants a refund sign me a message with your public key and I will issue it.
Have a great day!