Post
Topic
Board Announcements (Altcoins)
Re: [ONYX] Onyxcoin : X13 : Long PoW Phase! Fixed Rewards! Ninja LAUNCH! *a new gem*
by
onyxdev
on 01/08/2014, 05:46:06 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

We are really trying to help fairly distribute the premine to all users.


We will be hosting another giveaway tomorrow in the IRC Chat #onyxcoin


We do not have any plans to dump the premine, we will be implementing Bittrex APIs into the wallet by tomorrow of the 2nd at latest. We also will be releasing our whitepaper next week sometime with more information in regards to our plans of development for anonymous technology.