Quote from: ndan13 on September 11, 2014, 11:27:31 PM

Quote from: gr1mly on September 11, 2014, 10:09:34 PM

I mined this coin starting before the first block halving. I was attracted to it because the OP looks interesting, it has an awesome ticker symbol (yes, I do think that counts!), and I reviewed the code and saw:

a) no pre-mine
b) not a total copy/paste job - no leftover references to other coin names
c) solid PoS plan
d) obscure algorithm that fascinates me
e) utterly fair launch - anyone who was paying attention to this thread had the chance to get in and mine from the start

I also like the PoW reward schedule. It rewards early miners, but with PoS increasing as PoW rewards decrease, it sets the stage for a promising development road ahead and gives latecomers a chance to earn coins despite having missed the bulk of the PoW reward period.

Beyond that, dev didn't push for exchanges (no indication he's doing this to dump and run), didn't hype a bunch of pointless stuff that no one cares about (didn't hype at all, actually), has been honest and transparent in private messages and in this thread, and is still here working on the coin and interacting with this thread.

Someone mentioned earlier that there aren't many coins on the exchanges. That's actually a good sign, it implies people are staking their coins, and those early adopters (miners) have reason to believe this isn't a coin to just dump as soon as there's a little bit of buy support.

One last thing which I talked about previously in this thread - another reason I jumped on this one is because it was quiet enough that I could actually contribute something, so I set up dedicated nodes and a pool and provided assistance to some of you with getting your wallet synced and miners up and running. This has been a fun experience, and I look forward to seeing where LSD goes in the coming weeks and months.

+

soo you are one of the dev team.....why should we trust you?

Grimly joined the development team to help with infrastructure. LS launched the coin alone, and now there are four of us. LS will be submitting proof of dev this week.