Dear HYPER community members, I am sorry for my slightly cranky post earlier. I would just like to voice my concern about the lack of transparency on the 33% premine.
Everybody can do as he or she pleases but I would not trust in fine-print contract style coin specs.
Most people here seem very nice and I wish good luck with this venture to all!
The question I want answered is the massive misrepresentation of the premine figure. They will say that it is only 2.5% of the expected total after 5 years which is wrong on two fronts.
1. After PoW they will have over 33% of the total coins, which will be able to be staked like any other coins.
2. Therefore after 5 years they will still own over 33% of the total coin supply, assuming they don't dump and run.
So where do you get 2.5% from?
