Yes. That means a very active and reputable community member that wasn't involved with the coin development actually mined block 1.
That's not possible.
This was a ninja launch and the dev solo mined alone for about the first hour or so. So the first ~50+ blocks most likely ALL went to the dev.
But it does look like a lot of huge early miners are still sitting on their big stash. Unless the blockchain is not updating properly.
You're not reading the blockchain. Or looking at my references. Or reading from the first page of this thread. If what you're saying is true, then it would be clear who all the players behind cnl were. Way to quote me without my proof as well. Thumbs up.
It's a good point about the richlist though. There's no telling if that million coin bagholder is still holding so many coins without stepping back through the last three thousand blocks and looking manually - which isn't as hard as it sounds actually.
http://cnl.blockexplorer.cc/address/1BW9fECrP1EhAwcZn3MuLgXJiiaTerYECM
That's probably your most interesting bagholder right there. Started mining 1 minute in, first person to stake, never sold a single coin.
How do you know he didn't sell a single coin? I mean, he transferred out the majority of his coins from that wallet.
For sure a lot of really big holders have not sold yet, but I'm not sure about this guy.
Regards...
Because I know how to read staking wallets. Every transaction out leads back into his own wallet.
Thanks, I'm not good at the tech side of it.
Can you tell me anything about the 450,000 CNL block (transaction) I found from 7/19 which showed Not Yet Redeemed?
Much appreciated!
I can tell you that they went to a wallet that's not staking, at address 1C5cWqLBF3PZTGTnjmdZ9kfezvgC5qANHm. I can tell you that that address seems to have been accumulating coins in 100k bursts until the 450k send. I can tell you that there are currently over 550k in that wallet.
The address was first used about an hour after cnl was listed on all three exchanges. It is possible that it's an exchange cold wallet.
With that said, 100k was moved from that address on July 22 in block 3894. This is the most interesting part.
That 100k was moved into a staking wallet. As far as I know, none of the major exchanges stake their coins. So why is that interesting?
Because this is the staking wallet those 100k went into:
19b9hH4pc5inzuF82DE2FZXxoGTGmNWhSx
Quote
Balance: 1334428.84819305 CNL
Transactions in: 303
Received: 5449643.09294885 CNL
Transactions out: 149
Sent: 4115214.2447558 CNL
Transactions in: 303
Received: 5449643.09294885 CNL
Transactions out: 149
Sent: 4115214.2447558 CNL
1,334,428 CNL sitting pretty right there. More than 13% of the total coin supply. And all but 52,499.98 of it was accumulated AFTER the great blockchain lockup of block 2881.
