You're missing the point completely, deliberately I presume. Offering to move the premine somewhere eise doesn't make it magically disappear or solve the problem. As long as there is a 50%+ premine this coin won't go anywhere. You have consistently ignored requests to publish the premine amount in the OP, choosing instead to hide it from any potential new investors. Also, 4 months ago you said this:
I for myself have decided to donate these step by step for charity.
A noble gesture - please post a list of the charities you will be donating the 50%+ premine to.
Since then, nothing. Now you want to store it away somewhere instead?
Donation of something requires a market with demand for something. During the last months there have been mined more coins than there has been demand on the market. Without demand of investors, donators or however you like to call it there is no way to donate coins to any charity.
At the current price level all 611 coins available on the market (C-CEX) are worth about 1 BTC. The buy order book has a volume of about 0.25 BTC, only.
Given a serious demand for 611 coins I could imagine that we setup a public sale event. We have to agree on how many coins are sold per event and which charities are going to receive the earnings.
Judging from your statement above you sound worried about someone forking this coin & are trying your best to put anyone off by making it sound like a complicated & costly process, which, as any dev worth their salt knows, it isn't. I know several devs who would be prepared to do it. Forking this coin without a premine would instantly be 100% more appealing to future users & investors - rendering this 50%+ premined version obsolete & worthless overnight - & you know it.
If you know developers who can and like to support this project please let them join the discussion.
To be able to fork 611 coin I recommend to setup an ICO (Initial Coin Offering) to collect funds needed for operational costs, active code development and marketing. You need a crew to get things flying
There are a lot of things which can be improved setting up a fork of this project if you can provide the resources needed
Look through the announcment threads & you will see that any coin with a premine of over 10% gets laughed at, & rightly so. Trying to defend a premine of over 50% is just insane - think about it.
It's time you stopped making excuses for your dishonesty & face up to the facts. Burn your premine & save the coin you've worked on, or don't & watch someone fork it without a premine & leave you with nothing.
I agree with your opinion.
611 coin has never been designed to work as a payment system replacement like other famous coin projects can do. It wouldn't work out for the masses due to technical limitations. Just do the math; it would be billionaires domain name and payment system
611 coin has been designed to prove what's possible if you combine blockchain technology with the public internet domain name service. That's unique and it's working great for more than a year, now
It's just insane. A constantly degrading mining block value has been setup to prevent inflation. But it was too late ...
As an altcoin, 611 coin is leaking trust needed to attract the e-coin community to support this project due to early design flaws.
Nevertheless I would like to thank you - the 611 community! You are part of something limited.
611 coin is running for more than a year carried by tech oriented freaks taking care about privacy and free speech. Thank you for using 611 responsible. As far as I know we have not had any case of abuse, fraud or other related issues since publishing 611 coin. That's awesome. Thank you!
