Thats an old version downgraded to junk status, it would not run cause kernel.cpp and ketstore.cpp have been removed by unknown parties. Who was the guy that pruned keystore.cpp and kernel.cpp from 300 lines of code?
By default CryptoNote provides emission formula with a slight decrease of block reward each block. (This is different from Bitcoin where block reward halves every 4 years)
Anyway in LubeCoin code EMISSION_SPEED_FACTOR is set at 18, this gives a very steep emission curve.
ya, it seems he has mined like 3 million b4 launching it but says its "not a premine"? with cryptonotes thats YUUUUUUUGEEEE, he will hold most the coins for MONTHS just because you mine normally for a month b4 launching, STILL makes it a premine haha. Dosent have to be a "block 1" thing -Mine a single block b4 the community launch? Thats a premine -Have a single block with any extra rewards mined b4 the community launch? thats a premine (insert random Simpsons "that's a paddling" meme here) ;p
1. I didn't mine b4 the community launch. 2. I didn't mine "for a month" b4 launching.
What I did is starting the miner after posting the post here on Bitcointalk.