I have been mining Stablecoins, because at the launch time, dev said it is a fair coin with no premine:
I believed it, until just now I saw the start status here:
http://cryptometer.org/stablecoin_96_hour_charts.html
1.2+ million coins premined?? What the fuck!
Stablecoin Dev, Please explain it!!!
Quote
FAIR LAUNCH
In addition to a 12 hour preannouncement, StableCoin will use the fairest scaling reward system of any coin so far to ensure the fairest launch possible. This is to ensure that early miners do not have an advantage over join late. Our goal is to not have a disproportionate amount of coins created within the first 24 hours. Mined blocks will mature after 35 blocks.
Block 0-90 0 coins
Block 90-180 1 coins
Block 180-270 2 coins
Block 270-360 3 coins
Block 360-450 6 coins
Block 450-540 8 coins
Block 540-630 12 coins
Block 630-720 15 coins
Block 720-810 18 coins
Block 810-900 22 coins
Block 900+ 25 coins
In addition to a 12 hour preannouncement, StableCoin will use the fairest scaling reward system of any coin so far to ensure the fairest launch possible. This is to ensure that early miners do not have an advantage over join late. Our goal is to not have a disproportionate amount of coins created within the first 24 hours. Mined blocks will mature after 35 blocks.
Block 0-90 0 coins
Block 90-180 1 coins
Block 180-270 2 coins
Block 270-360 3 coins
Block 360-450 6 coins
Block 450-540 8 coins
Block 540-630 12 coins
Block 630-720 15 coins
Block 720-810 18 coins
Block 810-900 22 coins
Block 900+ 25 coins
I believed it, until just now I saw the start status here:
http://cryptometer.org/stablecoin_96_hour_charts.html
1.2+ million coins premined?? What the fuck!
Stablecoin Dev, Please explain it!!!
If you cared at all to read his post, it was stated right in there at 0.5% of the coins will be premined to offer the coin mixing service as well as giveaways and bounties.
Please read the fucking original post before you go spreading shit.
He's not exactly 'spreading shit'. As you said, its true, and mentioned in the coin thread. So he's just restating that truth in a different place
The red flashy text may be a bit much, but its still 100% accurate. 