Post
Topic
Board Announcements (Altcoins)
Re: [ANN][USB] USBCoin - POS. Listed on Bittrex. No IPO, No Premine, No instamine
by
boy play
on 28/07/2014, 12:02:43 UTC
Lol something is not right here.. again a major 1 mil coins got dumped..

Can any1 check if there is a hidden premine.. Something is really fishy here.

If you look here:

https://github.com/USBCoin/usbcoin/blob/master/src/main.cpp#L967

Code:
int64_t GetProofOfWorkReward(const int nHeight, int64_t nFees)
{
  // PoW block reward: 1000 USB (first 10 blocks reward 1 USB to prevent instamine)

  int64_t nSubsidy = 1000 * COIN;
  if (nHeight <= 10)
    nSubsidy = 1 * COIN;

  if (fDebug && GetBoolArg("-printcreation"))
    printf("GetProofOfWorkReward() : create=%s nSubsidy=%"PRId64"\n", FormatMoney(nSubsidy).c_str(), nSubsidy);

  return nSubsidy + nFees;
}

you'll see that the POW reward code is legit. The first 10 blocks have a reward of 1 USB. After that it goes to 1000 USB.
No problem  The banker in the suction goods Grin Grin Grin Grin