did you INFORM all your Users that you get 2.5 Coins per Block for free ?
AND your Premine ! ........
what would you do with that Coins ? Miners works for you and Get 50 Coins on Solo . you get 2.5 Coins ( 5% ) EVERY Block for nothing .
Thats DEVs Address :
https://chainz.cryptoid.info/linx/address.dws?XF7kCcs4woQD9WWnCHuN6SWPeUNK2fBspr.htm
Looking good to fill up his Bag
let me calculate a lil :
1min Blocktime est 1440 Coins per Day
seems 3600 LINX per Day for Dev for FREE !..... no Hardware , no Powersource, nothing but pure COins every Day
thats @0,25 USD = 900 Bucks on ONE Day ...
make your own Decisions !
Sorry to hear you feel that way, but just for clarification, the dev fee does not affect the miners block reward or any pool fees at all.
To date, this project has been entirely self financed (this is not an ICO).
Contrary to what you've stated, we're sure that everybody holding Linx is aware of our plans, and would want to know that the project is adequately funded going forward.
Due to your response, one can only assume that you are also adverse to DASH, ZCASH etc, any of the hundreds of ICO's in crypto space, or any coin that has more than a 1% premine?
FYI Even with this dev fee, the total amount of Linx we will have received by the year 2030, including our 1% premine, will still be less than 5% of the entire supply.
Glen has a point here, the premine is currently worth $263'321 (according to cmc).
As now an additional devfee was necessary, me too wonders where or what for the premine has been spent so that you now need new ways of financing the operation.
I am absolutely aware that running a coin network with nodes, website, explorer and adding to exchanges costs some money but as far as my experience tells this should be more than nicely covered by the premine of 1 mio Linx so far.