The newbies that pop up saying its not a scam are shill/sockpuppet accounts for a Bytecoin bagholder...Trying to get you to buy so they could sell their coins to you even if it means lying and deceit.
This has been constant debate before this coin and Monero/BBR etc. were even on exchange, you just add this to argument, so lets consider bag holding irrelevant.
This coin was indeed instamined over 80% and the blockchain is your proof. You can see that over 80% of Bytecoins total coin supply was mined before it became public. AKA a 80%+ premine.
If yourself and anyone else chooses to go back and read from the start, they will a graph of the block chain that shows steady mining from 2012 onward, you say instamine when it took years to get to this point. Choose your words wisely, unless you intent is to spread FUD.
This public is considered bitcointalk? Is this the only avenue to spread information? Is it not legit unless its on this forumn? The devs have stated they did not want affiliation with Bitcoin.
Im sure the majority of people in this thread know nothing about timekoin, but if it was posted on here with booming success it would be considered a instamine because you didnt have a chance to get it from the start? (This may not be a great example as the mining and mint works differently)
I've finally synchronized my blockchain with this new version of code and downloaded some statistics. Here is a difficulty chart starting from the genesis block.
Spike in november 2012 looks strange for me, but it exists in data.
Spike in november 2012 looks strange for me, but it exists in data.
I would like it to be noted that thankful_for_today is the original creater of Bitmoner, no Monero.
I don't know if you're trolling or not. Yes, I meant to put premined instead of instamined. Bytecoin was released privately to a few individuals on the deepwebd(illegal part of the web using TOR etc), so it was inacessible by anyone else until a member found it and released it on bitcointalk, to the majority of bitcoiners. So it was indeed premined over 80% over the span of 2 years according to the Bytecoin Blockchain. There's no denying that, and there's no denying that only a few people own over 80% of all Bytecoins that would ever be made.
