Yes and every one knew what a 0x was a week after they way the do now, so rushed to mine 0x. Its far more open to more actors coming in now than a week then. So Relatively orders of magnitude more fair.
Whether everyone found out about it early or not is irrelevant. The important distinction is that 0xBTC dev mined alongside with others, rather than keeping it to themselves for a period of time.
Trusting a test net for everthing vs live. Never.
While there certainly are exceptions, this is not one of them.
You simply copied and pasted a proven to work contract and changed a few parameters, out of which only 2 affect the functionality. (_totalSupply and targetEthBlocksPerDiffPeriod)
I'd be interested to hear why you think something so simple demands such extensive testing.
Line 195:contract _0xLitecoinToken is ERC20Interface, Owned {
contract _0xBitcoinToken is ERC20Interface, Owned {
Line 264:function _0xBitcoinToken() public onlyOwner{
function _0xLitecoinToken() public onlyOwner{
Line 268:symbol = "0xBTC";
symbol = "0xLTC";
Line 270:name = "0xBitcoin Token";
name = "0xLitecoin Token";
Line 274:_totalSupply = 21000000 * 10**uint(decimals);
_totalSupply = 84000000 * 10**uint(decimals);
Line 396:uint targetEthBlocksPerDiffPeriod = epochsMined * 60; //should be 60 times slower than ethereum
uint targetEthBlocksPerDiffPeriod = epochsMined * 15; //should be 15 times slower than ethereum
A premine would be an allocation, before any public mining started.
An allocation
or any mining which takes place PRIOR to a coin been announced, or any mineable coin launched without sufficient advance notice and with a low difficulty.Basically if it gives the developers (and their friends) an advantage, it's considered a premine.
Your actual complaint is you did not know about it being mined. It was publicly mined and any actor that bothered to search for it could have.
My complaint is that
nobody aside from you knew about it. You kept it to yourself and mined in peace
before deciding to tell the rest of us about it.
Further practically speaking right now 0xLTC can be mined for the same gwei as in day 1 and the difficulty is negligible. So whats your practical complaint in practice anyone can go in now and mine at the same cost, but with no effort to set up.
Here's what it looked like when only you were mining.
https://i.imgur.com/omGdaO1.pngHere's what it looks like after you announced it and others started mining.
https://i.imgur.com/5g8QCWA.pngSee all those failed transactions now that people are competing over gas price instead of being able to mine in peace like you were?
Are you seriously trying to tell us that premining didn't provide you with an unfair advantage?
Your terminology is misconstrued, your thesis falls, you complaint is you did not know, not that it could not be known. Your complaint is about a particular advertising schedule, not wether something was publicly mined and or discoverable.
I've made my point quite clearly. If you still can't see what the issue is... well... maybe you're just refusing to.
0x(whatever) will be done by someone, your could manual just type in to
https://ethplorer.io/ search bar 0x...(whatever) any time you wish to to see what comes up.
And if any of those get premined you can be damn sure I'll be here to call them out on it.
Your newness is open to suggest a bias.
Yes, everything you disagree with must be FUD right?
By your own logic I could claim that your newness is open to suggest that you have no experience coding smart contracts. Let's leave the deflecting to the politicians shall we?
I however welcome your scruitiny
And I'm happy to provide it.