Probably the dev's pre-mine. Otherwise, in the spirit of his "I restart the blockchain if I don't like the balances as they are" policy, he would have removed these funds by now...
Your frustration from the decisions that developer takes suggests that this address is belongs to you.
Strange logic. Why would I suggest that the developer should remove this balance while being at the process of blockchain invalidating, if it were my funds?
Would it be mine, it would still be a worthwhile amount, no matter if before or after an 1:10 exchange. No need for emotions then. I'm just slightly concerned because I am very enthusiastic about the cryptocurrency economy, and what I saw here looked just pretty wasteful on resources, with no real motivation. I don't really understand why you're assuming personal motives here. To be honest, if NUD flies, the blockchain switch would be even an advantage to me, considering that I have more NUD on the new blockchain compared with the old one.
And what's the logic for restart the chain with 1/10 if that coins belong to the dev? Is he retarded? And it's more, if he mined that ammount is because he have a bunch of asics, what's the point for him in changing the algorithm to one "asic resistent"?
Cryptocurrency economy is like any other, rich gets richer and sometimes one poor have a little chance to get many coins if he is in the correct place at exact time, so don't expect miracles or reaching utopias with cryptos
Well, what's the point of announcing the coin as "bcrypt" while it's in fact scrypt, if not for giving your own ASIC miners an advantage until others find out they can mine with scrypt, too? If he announced it as "scrypt", he couldn't make as much profit because people with scrypt miners would consider the coin from the beginning, but due to the misinformation, I would expect huge profit.
Now, the huge profit still remains pretty large after the 1/10 restart, and in addition to that the evidence for the first step is removed from the blockchain. So, in essence this leads to an altcoin with a 500 block pre-mine, which is announced as 0% pre-mine, and the community even says "thank you" because of the big words about redistributing the coins, while the largest part is probably "redistributed" to the scrypt mining addresses that were put in place from the beginning.
While we will probably not be able to prove if this happened, it would at least be the most logical explanation for a lot of things that happened since this coin launched. And I must admit, it would be a pretty smart scheme for having a nice pre-mine for yourself, while giving the community reasons to agree to it...
