I wanted know if there are some real counter arguments to these following questions.
1) Distribution, is a so called plus by PIVX, yet when you take a close look at DASH compared to PIVX POW fase it was only 100day's long and the masternode idea was already planned in, so not much selling going on.
1) Distribution, is a so called plus by PIVX, yet when you take a close look at DASH compared to PIVX POW fase it was only 100day's long and the masternode idea was already planned in, so not much selling going on.
There was plenty of selling going on. Believe me, I was there. PIVX has been around for more than a year and a half and had plenty of ups and downs in the early days. It deliberately adopted a slow, steady block reduction scheme to ensure that latecomers still had a chance to get in.
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If you keep good look at the block-chain you can also see still still see that the TOP 250 address still hold close to 50%, that was even worst just after the 100day POW fase.
Also the 2 anonymous creators of this coin claim to have burned up all the pre-mined coins but there where only 60.000 coins burned in that process. Which to me sounds more like a gesture to create come good will if you compare it the almost 53 million coins that exist right now.
I would very much like a similiar info on PIVX compaired to this DASH info(which completely clearly's up the instamine for me in satisfactory way other than the trolls keep bashing on it)
Also the 2 anonymous creators of this coin claim to have burned up all the pre-mined coins but there where only 60.000 coins burned in that process. Which to me sounds more like a gesture to create come good will if you compare it the almost 53 million coins that exist right now.
I would very much like a similiar info on PIVX compaired to this DASH info(which completely clearly's up the instamine for me in satisfactory way other than the trolls keep bashing on it)
The material fact is that DASH was instamined. Those resources you cite only exist to defend DASH because there is something there that needs to be defended and justified. I am not saying that they don't justify the premine--that is something that each person has to judge for themselves. What I am saying is that I would love to show you similar information for PIVX, but it doesn't exist because there is nothing equivalent that needs to be justified. The premine, which was used to set up the first MNs for the network, was publicly burnt. That is also a demonstrable fact. If I'm understanding you correctly, you're suggesting that 60K seems too low (maybe because the number was so much higher for DASH?) so therefore there must be more to the story. If there is more to the story, no one has managed to find evidence of it in the past year and a half, and the Dev team has given us no reasons to doubt their integrity. Again, though, each person should make their own decisions, and place their trust as they see fit.
i just want to add one thing about the premine:
the 60k pivx (dnet back then) where for 6 nodes to help the network in very early days
we even told the dev's back then not to burn the 60k and take it as reward for all their hard work.
They refused and burned the coins as planned cuz they wanted and still want to have full transparency in every aspect of this project
thats one reason why a lot of us have full faith in devs and their work.
I rather think the world is coming to an end than the pivx team will let us down
cheers and have good day all
