You are scammers
New World Record
2500 blocks in 25 minutes
2500 * 3200 = 8 000 000
8 Milion in 25 minutes it's 10 % premined
11:24:20
{
"blocks" : 2301,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.06250000,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 366053934,
"pooledtx" : 0,
"testnet" : false
}
New World Record
2500 blocks in 25 minutes
2500 * 3200 = 8 000 000
8 Milion in 25 minutes it's 10 % premined
11:24:20
{
"blocks" : 2301,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.06250000,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 366053934,
"pooledtx" : 0,
"testnet" : false
}
Go away.
You go away this is true even the developer can not denied this.
Please explain to me in EXACT detail how this is true. Using maths and logic.
The words of developer in op , but then deleted them
Update
The first 771 blocks are pre-mine and till block 800 are mined by me and pool owners for testing. It is correct that the blocks where flying till block 2350.
So the early bird people have take a total of 2350 - 800 = 1550 blocks * 3200 = 4.960.000 LTCD and not 8.000.000 LTCD!.
So if I understand correctly, this just shuffles things around so that the premine is now 3.8% and the remaining 6.2% is an instamine, right? Bottom line being there are 10% of the LTCD supply in hands that acquired it for far below even current market value, and we should price this in to our expectations. In that case 1900 sats feels expensive to me. I think I'll pass on buying any more until this blows over.
