block height: 34458
so it's been pre-mined for almost 1 week ?
yeah , i am mining it but the fact that it was first (little) announced on medium on 8 july isn't the best thing they could do , why almost 2 weeks later on bitcointalk while you must knew that the most off miners would be right waiting here on bitcointalk , nice mining for 2 weeks but , to be honest , we can't say anything because ,
it was announced
so the good thing is : no pre-,mine
bad thing was : bad announcement on medium only
even worse: there were blocks with 50 coins reward during 1st day of the launch
https://www.0769.it/explorer/PEXA?height=1002first 11k blocks had 50 coins reward each. 550k premine some might say
If you read what the team wrote on discord, there were people in the discord who joined as soon as the medium article was posted. I think you cannot call it a "premine" unless the dev mined it no? They also stated that the error wasn't in the block reward, it was in the difficulty adjustment. The difficulty was not adjusting properly and it caused many blocks to be mined quickly. They fixed the difficulty adjustment and had to also adjust the reward to avoid the entire supply being mined out in a few months.
*shrug* I'm mining it. I like the use case. Gimme those PEXAs