Post
Topic
Board Announcements (Altcoins)
Re: [ONYX] Onyxcoin : X13 : Long PoW Phase! Fixed Rewards! Ninja LAUNCH! *a new gem*
by
Redtschorn
on 01/08/2014, 05:42:57 UTC
Just a heads up, this dev will have over 50% of all coins even after 10 days of mining, slowly diminishing to 1% over 2.8 years. Only after like 1000 days will the premine be equal to 1%. Dev premine 150,000 coins.. you only get 10 coins per block.

I appreciate the dialog Onyxdev has engaged in but, the "1%" pre-mine makes this a bad investment both in terms of mining and trading.

http://www.markderksen.ca/wp-content/uploads/2013/06/tumblr_lglb2dJGeL1qzoxl6o1_500.jpg