Post
Topic
Board Announcements (Altcoins)
Re: Zerovert - First Truly & Only Anonymous Coin with Zerocoin | Mandatory Upgrade !
by
b623
on 18/11/2014, 15:53:23 UTC
fair answers but what's about source code ?

I would also like to know the exact amount of premined coins.

Algorithm: Scrypt-N, merge-mineable with Vertcoin (VTC)
Generation: 8.4 million ZER
Block time: 10 minutes
Block Rewards: 10 coins per block
Allocation: 2% allocated to the ZeroVert Foundation for future development, .5% allocated for free giveaways

Here is my math,

2.5% of 8.4 millions is 210k coins
60coins are mined each hours so, there is 60 * 24 *30 = 43.2k coins mined first month
in 6 month this is 259k coins
in crypto world, 6 month is a lot,  at this point devs will possess 210k coins from a 469k cap, this is 45% of coins supply.

Can you give link to blockchain explorer ? I would like to see the wallet with premined fund and be sure that the dumps don't come from this wallet.