Quote from: anominer on June 11, 2014, 03:04:38 PM

Quote from: Sharrow on June 10, 2014, 06:48:53 PM

Quote from: apple_talk on June 10, 2014, 06:03:12 PM

Quote from: Sharrow on June 10, 2014, 11:20:45 AM

Just wondering if the problem is still there if you could try deleting the blockchain from your server and recompile the daemon to see if picks up the right chain.

The nodes are currently showing to be on the same block as your pool though.

have you guys f@cked up who mined bitnote despite high premine.
https://bitcointalk.org/index.php?topic=420341.0

I was still mining even after I found out it was pre-mined, wonder to disclose what is wrong with that?

Bitnote was relaunched with a completely new blockchain and a 0.05% premine. The old blockchain and thread is obsolete now.

On the first post it states 50000 premine and max mineable coins is 10000000, that's 0.5% not 0.05%.

Right let's set this straight. The Scrypt blockchain was abandoned only when nobody was mining it at all. Not a single miner touched that chain for weeks.

I was conscientious of people who had mined the Scrypt blockchain and kept it running for almost 6 months because of other people's interests. In February, I stated to the people who were community co-devs as well as being miners, that the premine was too high and that it would be much better to start afresh but they wouldn't accept this, so it continued as before and until it was effectively dead. Relaunching was not a decision that was taken lightly but there was no other option available and it will not be done again.

If you were a miner wasted electricity in the process, then I'm genuinely sorry for this but the indications were clear from the very start that it would not have been successful or widely adopted. It was pointless even trying to market it and if it's of any consolation, I wasted a lot of money too on maintaining nodes, not to mention bounties where BNT was not wanted, but the biggest investment was an absolutely ridiculous amount of time keeping things going.

Coin swaps would have resulted in another large premine which would defeat the whole object of doing a relaunch to resolve issues that were prevalent from the original launch.

The ANN shows the percentage as a decimal value and how much was premined. I'll update this for you and make it more clear that it was only 50,000 out of 10 million coins.

Sharrow

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