TestNet activated:
https://github.com/iamunick/growthcoin/commit/593da3c710422c7ef525c8815262afbe5d558523While starting the TestNet network, I noticed large amounts of PoW coins generated. Looking at the source, I found that sherlockcoin added some code to generate 10,000,000 GRW per blocks.
So I went to make sure that those coins were not accepted by the network, and
thankfully they weren't.
A quick math shows that:
the first 172800 blocks were @ 100 GRW = 17,280,000 GRW
the next 172800 blocks were @ 50 GRW = 8,640,000 GRW
the following 172800 blocks @ 25 GRW = 4,320,000 GRW
and the 67,526 block after that (witch brings us up to now) = 844,075 GRW
the total PoW blocks generation sums up to: 31,084,075 GRW
the actual money supply is @ 30,917,374.77263900 GRW
the ~166kGRW difference is due to PoS reward. (PoS took the place of PoW for a certain number of blocks and generated less than the PoW block would have)
Another verification from the block chain shows that the reward for the blocks in the range of the malicious code shows normal block rewards
http://grw.blockx.info/get/chain/GrowthCoin?hi=306165&count=125So needless to say that I removed that code from the source
https://github.com/iamunick/growthcoin/commit/7c7650c09a782c325c724eb8ed3378b3c1c3abe6 Even though it's impossible for that code to do any harm at the point we are in the blockchain.
Maybe this is why he didn't deliver his promised updates? Once his attempt to generate a ton of GRW for himself failed he didn't have any more interest in fixing this coin!
I think it's important that I bring this up to you, the community. I wanted you to be confident that his attempt had failed and that we move forward with yet a stronger coin