And the subsidy of DigiByte mined in the first 48 hours was the same scheduled for the first 48 days, as it were (i.e. no pre-mine, no instamine, just the exact same reward as what everybody continued to get until the first reward reduction).
My friend, the blockchain tells a different tale.
You're right. Sorry about that. It was so insignificant and transparent that I completely forgot about it (since it pales in comparison with what we normally think of when talking about a pre-mine or instamine).
Historical DigiByte OP Info
Coin Facts
21 Billion Total Coins | 30 Second Blocks (2.5 Min per Algo) | 8,000 DGB Reward, Reduces 0.5% Every 10,080 blocks |
Pre-Mine Details:
- 52.5 million DGB for giveaways over first two months to encourage adoption of DGB.
- Giveaway address will be publicly posted on website with a public record of all transactions in the block chain.
- 52.5 million DGB for development expenses to further DigiByte and help it become a mainstream currency.
- Development account address will be publicly posted on website with a public record of all transactions in the block chain.
- Our goal is to be transparent and accountable with the 0.5% pre-mine to ensure a bright future for DigiByte.
Pre-Mine Accounts:
- Giveaway Account: DFsSa6kVoCyHK8ryZYDNX2fi5294kSuH2Q
- Initial Balance: 52,500,000.00 DGB
- Current Balance: 0 DGB
- Development Account: DQkqGjRqyfsmzFQ27tPK2PNJe7gPZUVm1U
- Initial Balance: 52,596,000.00 DGB
- Current Balance: 0 DGB
Hmm, well I don't agree with the reward change after 48 days either, or other subsequent changes. But I suppose DigiByte needs a way to fund its projects such as DiguSign and segwit upgrade... Every project can choose its own methods. I think Myriad has done pretty well with community-funded development so far. Good luck.
