@earthcoin: I think you're idea of xfering all of the premine to a few accounts and publishing the transaction hash and public keys is a good idea. It allows a huge amount of transparency, and it will trounce trolls as well as soothe the fearful. It holds you and your team accountable when we can all see it.
I am still of the opinion that you guys can really help push the coin, but that it has enough going on it's own that you are not needed for it's success. That is not intended as an insult, you laid a good foundation. You ARE wanted, and one of the things that is wanted from you is a high degree of transparency regarding the premine.
I've stated my opinion of what will happen in either scenario previously, so I won't rehash it here. I will say that even though I was interested in this coin from the day you announced it, I was also a bit skittish over such a large premine. It's a thorny problem. On the one hand, as a developer you want some coin to throw around for the growth of the coin, but on the other it can easily be twisted to mean something more sinister. I think you would have been wiser to make it smaller.
That being said, I still think it has the potential to be a great product, and if you guys keep pushing, it can get there faster.
So, yeah, my recommendation is to make a public ledger and perhaps even a weekly JP&L either here or at earthcointalk so that the whole community can see what you're doing. It's possible to be pretty open while obscuring necessary secrets of development. It's a fine line, and I appreciate the difficulty.
Thanks for chiming in, and thanks for reading this. I'm still bullish on this coin's future, regardless of it's current exchange rate. If the whole goal of a person's involvement with the coin is FOREX games, well, that's their prerogative and I've no issue with it. But for the coin to succeed in the long term, that cannot be the sole focus. While the premine is hanging over our heads, it distracts from the very infrastructure building you and I are aiming for. It can't hurt to show us the money. And it can help.
Oh... I'll try not to get in any more fights
Some days I just wake up on the wrong side of the bed.
EDIT: Typos.
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