Quote from: cryptoncoin on April 17, 2018, 10:07:50 PM

First of all thanks for your reply.
It's really fun when you give examples comparable to the scales of universe

Ok. Let's talk about it.
Total supply, premine and circulating supply doesn't matter for several reasons:
1) There are tons of currencies that use POS, DPOS and another concepts, that are totally "pre-mined" like ripple, stellar, eos, cardano, iota and much more. Why you don't troll them?)
2) Even if 1 CRN costs 1 sat (10^-8 BTC), miners will bring revenue approximately at 150 USD/per day. Is it bad with the lowest price?
3) We are interested in keeping lowest price per CRN to make transactions as low cost as possible and it is part of our concept.
4) Total supply can be extrapolated to infinity and we don't see anything terrible related to this. It's not necessary to mine all coins. We need only projected inflation.

Time will tell whether this is shitcoin or not

When CRN applies to an exchange we will give a handful of CRNs

1) I don't like ripple either, but you guys are a PoW coin. Supply, Premines, Circulating supply and so forth absolutely matter in a PoW coin. It's not like bitcoin has a trillion coins in circulation. PoS coins can get away with more since they usually have massive amounts of the supply locked up, but they obviously have their flaws (just look at the eden scam).
2) What makes you think 1 sat will be the lowest price? CRN will almost certainly be traded on litoshi/doge pairs, if it doesn't go to 0.
3) So you guys want the prices to be as low as possible? What's the point of buying/mining then.
4) Tell me the exact amount of your premine. If it's anything over a couple million coins (and i'm being generous here) you are ripping everyone off. You changed the premine from .5% to <.1% so it wouldn't look that bad, but when your circ supply is 10^15 and total supply is 10^70 these things matter.

Alundari

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