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Netpyder (OP)
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May 01, 2015, 10:05:22 PM
 #1

how to know if a coin has been premined?

also,

how to prevent a blockchain from Ddos attack?

finally,

how to change from solo mine to pool mine? i mean what are the steps?

does a coin already designate to solo mine during its production or it can be pool mined too?

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JackRipper
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May 01, 2015, 11:35:26 PM
 #2

You can usually spot a premine quickly by looking at the code. There are a few coins who had a hidden premine, but that can also be found by digging deeper into the code. Another way a coin can be premised is through an instamine (I know, it's technically not a premine, but in reality it is). On those, you need to watch the mining activity and check the explorer for who mined those blocks. Also beware of coins that are on block 1000 upon release. Those 1000 blocks are a premine. There are all kinds of ways to pre/instamine a coin. The key is to pay attention to what's hoping on and check the code.

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May 02, 2015, 12:07:49 AM
Last edit: May 12, 2016, 05:22:18 AM by Netpyder
 #3

You can usually spot a premine quickly by looking at the code. There are a few coins who had a hidden premine, but that can also be found by digging deeper into the code. Another way a coin can be premised is through an instamine (I know, it's technically not a premine, but in reality it is). On those, you need to watch the mining activity and check the explorer for who mined those blocks. Also beware of coins that are on block 1000 upon release. Those 1000 blocks are a premine. There are all kinds of ways to pre/instamine a coin. The key is to pay attention to what's hoping on and check the code.

alright i just read about the instamine when you said it, man the dev is a genius. anyways, moving ...

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May 02, 2015, 12:31:44 AM
 #4

This is how Ripple is working, and this is how paycoin failed. BTW neucoin is doing the same right now. You need a big bunch or real life services to succeed and persuading companies to accept your coin is the hard part.
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May 02, 2015, 12:37:10 AM
 #5

how to know if a coin has been premined?

The quick and dirty way is to look for the asterisks: http://coinmarketcap.com/currencies/views/all/
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May 02, 2015, 05:33:00 AM
 #6

how to know if a coin has been premined?

The quick and dirty way is to look for the asterisks: http://coinmarketcap.com/currencies/views/all/

I've been wondering what those asterisks were for...and now I wanna know what a double asterisk signifies!

Thanks Wink
Daedelus
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May 02, 2015, 08:22:11 AM
 #7

how to know if a coin has been premined?

The quick and dirty way is to look for the asterisks: http://coinmarketcap.com/currencies/views/all/

I've been wondering what those asterisks were for...and now I wanna know what a double asterisk signifies!

Thanks Wink

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