How do you suggest we work that out Chadd?
Get the dev and OP who pre mined and has the 1 million to spread it around as bounties for services and such.
So I read up on this a bit. Seems rather fishy.
Pleas correct me if I'm wring here:
- there is a desire to make this coin 'fair' by forcing the first blocks to 0 coins, and gradually increasing them to normal value. Effectively saying that the ultra-low difficulties don't get tooooooo rewarded.
- the Dev, here knows as "the cheat" for simplicity sake since I don't want to assign blame to a person till we understand more details and facts, wrote in a line so that they (or someone they designate) gets 1M coin for breaking one block.
- the coin won't be picked up until this gets resolved.
Right?
If this is the case, then the person that wrote that line is behaving in a completely untrustworthy manner and needs to remedy this immediately. Seems incredibly greedy and short sighted.
How?
- spread it around to the finders of the previous blocks. You know o they are, and that would be the most fair. (Now that does, likely, include the cheat, but those would have been legitimately earned blocks)
Why?
Cause I'm done until someone comes clean and makes right. I have spent a lot of time on VLC and will not go any further until things get corrected.
Image is everything with Alt-coins, and this is not good at all. A destroyed reputation of trust is almost impossible to fix, you only get one shot.