That is also incorrect. At this moment, less than 11% has been reached, we are just below that. We are not hiding anything; we are currently overhauling the REST API because it is faulty and does not provide correct values. It is showing invalid blocks, meaning blocks that have been declared invalid by the blockchain are being included in the supply amount. Once we fix this, we will publish a statistics page. Since we started with a difficulty of 1, there were large amounts of invalid blocks that were recognized as valid by the REST API. We didn’t anticipate this, and it was a mistake. That’s why we are now fixing the REST API and trying to find a solution.
So how is it possible that we supposedly own 11% of the coins if less than 11% has been reached? Additionally, since the Genesis Miner has been in the network from second one, and we offered the beta mining to everyone. These are completely false claims, coming from a bitter and failed developer. You should focus on your KobraDAG (Kobra) Coin instead of harassing other developers with fake accounts and trying to damage other projects. By the way, what you are doing is illegal under competition law, are you aware of that? And everyone knows what your project was – the very thing you're trying to accuse others of.
We could also mention that your developers destroyed the Multihash.dll for Miningcore, making Miningcore unusable for Windows, but that's another topic. Now, back to the issue:
We had originally calculated that we could mine 6-9% of the coins, as described in our whitepaper. Unfortunately, we couldn't reach those numbers. So we have fewer coins for permanent development purposes, servers, advertising, etc., than initially planned, but we are still continuing our work. Just a side note, coins like ETH had a real premine of 68%, if I remember correctly.
I would also recommend that you educate yourself about what a premine actually is, as you throw words around without understanding them. If a project has the source code publicly available and other users – meaning all users – have access and can mine, then it is not premine. And that was the case with us; we have kept all source codes, including the CPU miner in the node, publicly online for months, without taking any code offline for a second. This is also verifiable. You neither understand premine nor what it involves and are giving damaging false statements because you failed with your own project and are full of hatred. Therefore, we will not waste any more time on such accusations and will ignore them. But it's normal – every coin, even the most successful ones, had such accusations at release. There are always opponents and envious developers, especially those who have failed themselves and now have no purpose.
We still wish you all the best.
Chain Height
399412 * 10 coins per block = 3 994 120
But you also own 50 mil coins from genesis when max supply is 520 mil