Dev holds approx. 750 000 USD of premined coins in hes hands. He continues to ignore all posts asking what will happen to premined coins. He has not published any plans for it.
Why should his plan not be "to keep it all"
Which developer is more likely to commit to his release for the long term and give it a bright future:
a. A dev that holds a ton of the coin, and profits from its ongoing success
b. A dev who holds a small amount of the coin and therefore has no incentive to continue to promote the coin
In any case, it's none of your (or my) business what he does with his holdings, if you don't like the coin, don't mine it and don't hold it.
That is correct, premining gives the dev funds to use for development, you will see coins that dont premine die in the ass, and if they say they dont they are lieing, most coins instant mine anyway 5min before the launch, etc... At least with earthcoin you know the funds go towards advertising and development of the coin. Like others said, what kind of dev wants to stick around if they dont get paid for it.
For those having trouble building on linux:
Here is some help:
(09:24) (@hmachado) paidshill, care to post it on the forum?
(09:24) <@ hmachado>| other ppl might need it
(09:25) ( paidshill) sure
(09:25) :: system_fault is now known as away{systemfault
(09:25) ( paidshill) sudo apt-get install build-essential libssl-dev
libdb5.1-dev libdb5.1++-dev libboost-all-dev git
(09:26) ( paidshill) all dependencys are in repo
(09:26) ( paidshill) git clone
https://github.com/earthcoinproject/earthcoin.git(09:26) ( paidshill) cd earthcoin/src
(09:26) ( paidshill) cat /proc/cpuinfo | grep -i "model name"
(09:26) ( paidshill) make -j8 -f makefile.unix USE_UPNP=
(09:27) ( paidshill) or change -j output to your cores the result of the cat
command will tell you
Shill is lazy i thought i would post for others.