Lets all look at the features of this coin:- Early launch
- Premine
- No dev communication in thread (still has activity:1)
- Instamine (over 550MH within 2 hours, scrypt, weeeee!)
- No new features, just modified specs (oooo look I reduced the block reward and the maximum amount of coins!)
Yup, looks like this coin is really going places. It is really difficult for the "DEVS" to jump between different twitter accounts and BTCTALK accounts and then remember who he is meant to pretend to be.
And whatever excuse they give will be complete bullshit.
Because, if the wallet was not released, and the only early mine occurred on the pools, then it is as simple as getting the pools to delete their files, and start it all fresh from the correct time.
Can also use the checkpoint method, which simply tells the chain to ignore any blocks before this set time.
So there are multiple ways to have dealt with it and still had a proper launch at the correct time.
Instead, they thought... shit someone is Stealing our Instamine and premine... quick We will just start mining also, and then release things and just come up with story later.
Reality is, they tried to set their mates up to be ready for Instamine on launch, 1 of them jumped the gun and started early, and it all snowballed.