THE FACTS ABOUT DARK COIN
1. released without windows QT so that only dev and pals could mine it.
Convenient fact skipped:
Most miners use linux, so the largest percentage of miners could mine straightaway.
2. Instamined harder than any other coin out there 12.5% of the current minting was mined in the first day
PoS/PoW hybrids with initial PoW phase are instamined way faster, not only for 5-10% of the monetary base, but for the 100% of it. After a week or two, noone can mine anything, they have to buy it from the first miners. You are a supporter of such coins like Whitecoin who use instamining as their primary technique of coin distribution.
Your pretentious concern for late miners is totally hypocritic as you support coins that completely exclude miners after a small instamine period, or tell them to mine something else and buy your coins after totally excluding them from the possibility of mining. How can that be compared with DRK in which early miners instamined something like 1.7mn coins compared to a monetary base of 17-22mn coins (and then sold them for peanuts at rates of 10.000 DRK for 0.25 BTC) where another 15-20mn coins were to be issued?
3. Later they decided to cut the minting by 75% to turn their 12.5% instamine with no windows QT into 50% instamine in 24hours - nice hey
You contradict yourself. First you say only dev and friends did the instamine, then you say "they decided to turn their instamine" - when the engagement for the decision involved much more than 3-4-5-10 persons. Actually the vote was >100 persons:
https://bitcointalk.org/index.php?topic=525093.0Why would 80% of the people agree to having a problematic distribution? THINK HARD.
The answer is because the initial distribution had changed through the marketplace. Something that you omit from your "facts", intentionally, pretending the 50% distribution held true at the time of the decision.
