nakamotodark
https://bt.irlbtc.com/view/896354.0Heritage:
Problems:
* MAJOR: The first 6 blocks were premined and undisclosed. This adds up to 24,000 coins
** The address that mined these blocks went on to mine about 18 more blocks there were not before release
** The first six blocks were mined at 19:22, well before release, the rest were mined beginning at 19:54:04, very close or after release
** To burn the 24,000 coins that were premined use a proper burn address
https://gist.github.com/Earlz/de3cc5f6ee85c7a69d53* MODERATE: PoW minimum difficulty is extremely low, allowing for instamining
* MODERATE: genesis seed is not a recent news event
Notes:
Watermarks: uint64_t, pos, drm-like
Earlz, thank you for investigating. Could the dev please respond to these issues?
That 24k premine is not anything to cry about.
I don't consider the amount to be a big issue, the reason I consider it "major" is because they purposefully say in the ANN "NO PREMINE". Having a small premine is one thing... having it while saying you don't is another
24k isn't that much to worry about out of 110 Million coins, maybe they where testing it. Why keep bring this up... Seems your just trying to create a reason why to keep price down and keep people from buying this coin. If your that worry about 24k then just find another coin. Man come on now, I look at you and think your must be freakin retarded. Move on, go find another coin. We dont need this kind of support. Im still buying. 24k LMAO! (Laugh my Ass Off!)
Edit: Oh and look the burn address has your name in the address.
You guys are funny. Shadow runner posted about 102k instamined at beginning. Double than dev few blocks. So,dev is making this coin for free. What you want?
Sometimes i think that you need again ICO,IPO coin.
Talked with the dev: He spent hours to promote coin at early stage and chat with exchange. Now 3 exchange are out. In less then 3 days of coin age.
I'm collecting since beginning. When rewards will be cut at 2k at block...