Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CoinShield - SK-1024 GPU| Prime CPU| POS | Shitcoin Cleanup| Unified Time
by
billotronic
on 12/07/2014, 13:24:28 UTC
Block Reward [Developers]:1 * e^(-0.00000059 * nHeight * [Chain Time Modular]) + 0.04
And with that... this coin is dead to me.

Too bad, was a damn decent idea.  Sad to see it abused by another greedy developer.

I hope CoinShield is the first coin that this project tried to destroy, lol.

I hear ya on that BUT this sort of method of dev compensation is actually kinda interesting since its more of a commission in the way that if the project does not succeed the dev gets shit. Still, you want to push that to the extreme and you could easily say a good dev team with a good project would still profit without an ipo/premine/etc.