Stablecoin, heavily premined, 1.2+ million coins premined!!

[number37]

I have been mining Stablecoins, because at the launch time, dev said it is a fair coin with no premine:

FAIR LAUNCH

In addition to a 12 hour preannouncement, StableCoin will use the fairest scaling reward system of any coin so far to ensure the fairest launch possible. This is to ensure that early miners do not have an advantage over join late. Our goal is to not have a disproportionate amount of coins created within the first 24 hours. Mined blocks will mature after 35 blocks.

Block 0-90        0 coins
Block 90-180     1 coins
Block 180-270   2 coins
Block 270-360   3 coins
Block 360-450   6 coins
Block 450-540   8 coins
Block 540-630   12 coins
Block 630-720   15 coins
Block 720-810   18 coins
Block 810-900   22 coins
Block 900+       25 coins

I believed it, until just now I saw the start status here:

http://cryptometer.org/stablecoin_96_hour_charts.html

1.2+ million coins premined?? What the fuck!

Stablecoin Dev, Please explain it!!!

[arlington]

I have been mining Stablecoins, because at the launch time, dev said it is a fair coin with no premine:

FAIR LAUNCH

In addition to a 12 hour preannouncement, StableCoin will use the fairest scaling reward system of any coin so far to ensure the fairest launch possible. This is to ensure that early miners do not have an advantage over join late. Our goal is to not have a disproportionate amount of coins created within the first 24 hours. Mined blocks will mature after 35 blocks.

Block 0-90        0 coins
Block 90-180     1 coins
Block 180-270   2 coins
Block 270-360   3 coins
Block 360-450   6 coins
Block 450-540   8 coins
Block 540-630   12 coins
Block 630-720   15 coins
Block 720-810   18 coins
Block 810-900   22 coins
Block 900+       25 coins

I believed it, until just now I saw the start status here:

http://cryptometer.org/stablecoin_96_hour_charts.html

1.2+ million coins premined?? What the fuck!

Stablecoin Dev, Please explain it!!!

wow, premined and hide? cheating...

[FiiNALiZE]

I have been mining Stablecoins, because at the launch time, dev said it is a fair coin with no premine:

FAIR LAUNCH

In addition to a 12 hour preannouncement, StableCoin will use the fairest scaling reward system of any coin so far to ensure the fairest launch possible. This is to ensure that early miners do not have an advantage over join late. Our goal is to not have a disproportionate amount of coins created within the first 24 hours. Mined blocks will mature after 35 blocks.

Block 0-90        0 coins
Block 90-180     1 coins
Block 180-270   2 coins
Block 270-360   3 coins
Block 360-450   6 coins
Block 450-540   8 coins
Block 540-630   12 coins
Block 630-720   15 coins
Block 720-810   18 coins
Block 810-900   22 coins
Block 900+       25 coins

I believed it, until just now I saw the start status here:

http://cryptometer.org/stablecoin_96_hour_charts.html

1.2+ million coins premined?? What the fuck!

Stablecoin Dev, Please explain it!!!

If you cared at all to read his post, it was stated right in there at 0.5% of the coins will be premined to offer the coin mixing service as well as giveaways and bounties.

Please read the fucking original post before you go spreading shit.

[nearmiss]

I have been mining Stablecoins, because at the launch time, dev said it is a fair coin with no premine:

FAIR LAUNCH

In addition to a 12 hour preannouncement, StableCoin will use the fairest scaling reward system of any coin so far to ensure the fairest launch possible. This is to ensure that early miners do not have an advantage over join late. Our goal is to not have a disproportionate amount of coins created within the first 24 hours. Mined blocks will mature after 35 blocks.

Block 0-90        0 coins
Block 90-180     1 coins
Block 180-270   2 coins
Block 270-360   3 coins
Block 360-450   6 coins
Block 450-540   8 coins
Block 540-630   12 coins
Block 630-720   15 coins
Block 720-810   18 coins
Block 810-900   22 coins
Block 900+       25 coins

I believed it, until just now I saw the start status here:

http://cryptometer.org/stablecoin_96_hour_charts.html

1.2+ million coins premined?? What the fuck!

Stablecoin Dev, Please explain it!!!

If you cared at all to read his post, it was stated right in there at 0.5% of the coins will be premined to offer the coin mixing service as well as giveaways and bounties.

Please read the fucking original post before you go spreading shit.

He's not exactly 'spreading shit'.  As you said, its true, and mentioned in the coin thread.  So he's just restating that truth in a different place   The red flashy text may be a bit much, but its still 100% accurate.

[FiiNALiZE]

I have been mining Stablecoins, because at the launch time, dev said it is a fair coin with no premine:

FAIR LAUNCH

In addition to a 12 hour preannouncement, StableCoin will use the fairest scaling reward system of any coin so far to ensure the fairest launch possible. This is to ensure that early miners do not have an advantage over join late. Our goal is to not have a disproportionate amount of coins created within the first 24 hours. Mined blocks will mature after 35 blocks.

Block 0-90        0 coins
Block 90-180     1 coins
Block 180-270   2 coins
Block 270-360   3 coins
Block 360-450   6 coins
Block 450-540   8 coins
Block 540-630   12 coins
Block 630-720   15 coins
Block 720-810   18 coins
Block 810-900   22 coins
Block 900+       25 coins

I believed it, until just now I saw the start status here:

http://cryptometer.org/stablecoin_96_hour_charts.html

1.2+ million coins premined?? What the fuck!

Stablecoin Dev, Please explain it!!!

If you cared at all to read his post, it was stated right in there at 0.5% of the coins will be premined to offer the coin mixing service as well as giveaways and bounties.

Please read the fucking original post before you go spreading shit.

He's not exactly 'spreading shit'.  As you said, its true, and mentioned in the coin thread.  So he's just restating that truth in a different place  The red flashy text may be a bit much, but its still 100% accurate.

No he's obviously didn't read what the dev wrote because he's asking him to explain the premine.

It just irks me that people skim over what the dev writes then acts all surprised that the coin is premined when it's stated right there in the post.

This thread is a waste of space.

[number37]

what is worse, is that the dev premined, changed the code, and check in the code in github without any trace of premine:

int64 static GetBlockValue(int nHeight, int64 nFees)
{
    int64 nSubsidy = 25 * COIN;

if(nHeight < 90)
    {
        nSubsidy = 0 * COIN;
    }
else if(nHeight < 180)
    {
        nSubsidy = 1 * COIN;
    }
    else if(nHeight < 270)
    {
        nSubsidy = 2 * COIN;
    }
    else if(nHeight < 360)
    {
        nSubsidy = 3 * COIN;
    }
else if(nHeight < 450)
    {
        nSubsidy = 6 * COIN;
    }
else if(nHeight < 540)
    {
        nSubsidy = 8 * COIN;
    }
else if(nHeight < 630)
    {
        nSubsidy = 12 * COIN;
    }
else if(nHeight < 720)
    {
        nSubsidy = 15 * COIN;
    }
else if(nHeight < 810)
    {
        nSubsidy = 18 * COIN;
    }
else if(nHeight < 900)
    {
        nSubsidy = 22 * COIN;

Now, how can you explain the 1.2+ million coins premine shown by the start block explorer?



http://cryptometer.org/stablecoin_96_hour_charts.html


Clearly, the dev premined 1.2+ million coins, then remove the traces in the code, check the code in github, and cheated everyone in the forum, what a shame!!!

[dreamhouse]

what is worse, is that the dev premined, changed the code, and check in the code in github without any trace of premine:

int64 static GetBlockValue(int nHeight, int64 nFees)
{
    int64 nSubsidy = 25 * COIN;

if(nHeight < 90)
    {
        nSubsidy = 0 * COIN;
    }
else if(nHeight < 180)
    {
        nSubsidy = 1 * COIN;
    }
    else if(nHeight < 270)
    {
        nSubsidy = 2 * COIN;
    }
    else if(nHeight < 360)
    {
        nSubsidy = 3 * COIN;
    }
else if(nHeight < 450)
    {
        nSubsidy = 6 * COIN;
    }
else if(nHeight < 540)
    {
        nSubsidy = 8 * COIN;
    }
else if(nHeight < 630)
    {
        nSubsidy = 12 * COIN;
    }
else if(nHeight < 720)
    {
        nSubsidy = 15 * COIN;
    }
else if(nHeight < 810)
    {
        nSubsidy = 18 * COIN;
    }
else if(nHeight < 900)
    {
        nSubsidy = 22 * COIN;

Now, how can you explain the 1.2+ million coins premine shown by the start block explorer?



Clearly, the dev premined 1.2+ million coins, then remove the traces in the code, check the code in github, and cheated everyone in the forum, what a shame!!!

wow, how dirty this is! people on purpose cheating now, this is unbelievable.

Before when premine, people at least say something like "this is for bounty", etc etc 

[FiiNALiZE]

Dude are you fucking insane?

Did you just read what I wrote?

It said right there in THE ORIGINAL POST THAT HE PREMINED 0.5% OF THE COINS.

[number37]

Dude are you fucking insane?

Did you just read what I wrote?

It said right there in THE ORIGINAL POST THAT HE PREMINED 0.5% OF THE COINS.

Where in the post? I read twice original post. lol. You added it?

Also why you erase the premine block in the code that you checked in github? There's only one purpose: CHEATING!

Let all the other people in the forum judge it!

[FiiNALiZE]

/facepalm

Here I circled it because you are obviously blind



No I did not add it; it's not my coin.

[thisnewcoin]

Dude are you fucking insane?

Did you just read what I wrote?

It said right there in THE ORIGINAL POST THAT HE PREMINED 0.5% OF THE COINS.

Where in the post? I read twice original post. lol. You added it?

Also why you erase the premine block in the code that you checked in github? There's only one purpose: CHEATING!

Let all the other people in the forum judge it!

This is the worst I ever seen. I posted on his thread that I thought this was the best coin, but now I'd say the worst, sigh.

Some people just cheat, now I think those coins who publicly declare premining for bounty is much better...

[thisnewcoin]

/facepalm

Here I circled it because you are obviously blind



No I did not add it; it's not my coin.

You have nothing to shout here, premined and conceal it, cheating, period!

[FiiNALiZE]

/facepalm

Here I circled it because you are obviously blind

No I did not add it; it's not my coin.

You have nothing to shout here, premined and conceal it, cheating, period!

Alright whatever, have it your way.

I'm not going to argue to a bunch of morons.

Mine it, don't mine it. Call it a scam. I don't fucking care.

If you don't like it, then don't mine it.

[number37]

I am not going to mine it, moron will mine it, to make you guys 1.2 mil premine worth what you don't merit! Forget it.

All the people should know how this coin premined AND concealed it on purpose for cheating!

[FiiNALiZE]

I am not going to mine it, moron will mine it, to make you guys 1.2 mil premine worth what you don't merit! Forget it.

All the people should know how this coin premined AND concealed it on purpose for cheating!

Let me ask you this:

How was it concealed if the dev announced his premine right in his first post?

At this point I don't even think you know basic english anymore.

[monocolor]

why some people's moral is so low?? just say premine publicly and people may be ok with it. Oh well, this is money and capitalism  

[thisnewcoin]

I am not going to mine it, moron will mine it, to make you guys 1.2 mil premine worth what you don't merit! Forget it.

All the people should know how this coin premined AND concealed it on purpose for cheating!

Let me ask you this:

How was it concealed if the dev announced his premine right in his first post?

At this point I don't even think you know basic english anymore.

It is not announced premine in the first post, otherwise I would not mine it. I praised this coin for its fairness because it says no premine, the block info (in the first post) said no premine, the code in github said no premine, it is clear now that this is 100% CHEATING!!!

[FiiNALiZE]

I am not going to mine it, moron will mine it, to make you guys 1.2 mil premine worth what you don't merit! Forget it.

All the people should know how this coin premined AND concealed it on purpose for cheating!

Let me ask you this:

How was it concealed if the dev announced his premine right in his first post?

At this point I don't even think you know basic english anymore.

It is not announced premine in the first post, otherwise I would not mine it. I praised this coin for its fairness because it says no premine, the block info (in the first post) said no premine, the code in github said no premine, it is clear now that this is 100% CHEATING!!!

Cough.

Is there a block of code in github that said "No premine?"

Please show me a screenshot of where it said there was no premine.

[niniyo]

Yeah the premine makes it garbage.  I was mining this before but  now when I look at that supply chart, I'm an idiot for mining blocks of 25 every hour when the devs already have 1.2M.

Are there any coins out there which are started without premine?  Like, started by people who aren't greedy/selfish and actually want to see a successful community form around a coin?

[FiiNALiZE]

Yeah the premine makes it garbage.  I was mining this before but  now when I look at that supply chart, I'm an idiot for mining blocks of 25 every hour when the devs already have 1.2M.

Are there any coins out there which are started without premine?  Like, started by people who aren't greedy/selfish and actually want to see a successful community form around a coin?

Get real. Every altcoin released now is premined.