Very big premine, i guess. So, what type of mining do your coin use, gpu or cpu? Or it use some special machines like ASICs on bitcoin?
Hey Rippar, thanks a lot for you question.
As a matter of fact, 2.4% premine is not big at all, considering block reward of CRS 120 and block time avg of 2 minutes the community will have an equal amount of CRS in only ˜58 days.
The premine is part of a CFC, including Dev Fund, Pre-CFC, bounties and Airdrop, you can check the explorer (blocks 1 through to see details.
The whole idea of CRS adopting Lyra2ReV2 as its algo is that it favors decentralization by beign ASIC "resistant", it also favors GPU over CPU to avoid botnet attacks.
I hope I answered your question.