They had pre-mined themselves. I think the genesis (1st) block reward was 5,500,000 MNX which is mentioned in whitepaper. And I must say this is poorly planned.
I thouk pre-mined blocks corresponded to the adress which mined between July 20-26. But apparently you are right, this is the only pre-mined block specified in the whitepaper, so
I don't know what to think about the blocks mined between July 20-26 ...Poor planning or cheating.
sonurlk you are too much talking are you invested on this project? if not just get out from here , just wait and see until 9 august if still delay like yesterday you can blame the dev as As you like , Of course I am also disappointed with this project, but dev said the 9th is the last and will not delay anymore (see page 232-235) and if there is delay anymore maybe this project 100% scam
Who are you to ask me either I invested or not? And for your kind information, I am not talking about delays only and also I am not alone. There are many problems here. Read this thread thoroughly then judge. Now if you have answers to these questions (apart from delays) then please oblige us with answers:
1. If developers are not sure about any final date, why they don't properly communicate and take cushion time?
2. Why didn't developers release Minexcoin core client for all three OS (Linux, windows and MacOSx) at the same time?
3. Why did they premine apart from first genesis block of 5,500,000 MNX? They had pre-mined upto 960th block. Why?
4. Why did they pre-mine with very high hash per second due to which difficulty increased? And now every block generated after about 1 hour (average).
5. To use very high hash per second speed they must have software for GPU mining or else. Why didn't they release it till now?
6. When people asked many times they gave a method to use multi-thread mining. Why didn't they told this about on release of wallet?
7. The given method of multi-thread mining is broken and I am sure they have a work around. But still, we didn't know about this. Why?
And at last, I have problem because I have invested my TIME and MONEY in this project.