i want an answer about this
http://84.200.210.130:3001/richlist
why 1 wallet already have 387,000,000 virtual coins
i am hard to mining this coins but already stock 387M virtual coins in 1 person
That is their for few reasons...
. Bounty
. Development
. Rewards
. Any time money is taken out from that account it is posted here with details.
Anytime bounty is paid for the VirtualCoin team efforts including myself it will be disclosed.
Once we meet our bounty list as mentioned all the remaining coins will be destroyed. Even if we do not meet all the bounties by the end of 6 months. Coins will be destroyed as well.
These coins will help us to remain in Top 5 once Marketcapital is calculated.
No these coins are not for sale or IPO, but for funding VirtualCoin development.
Hope this help.
Their will be and is full disclosure each time withdraw is made to whom & what purpose.
good to see, dev finally actually has admitted the pre=mine exists,
after numerous posts deleted, and years of ongoing ignoring.
for some reason.
all previous questions regarding the premine were considered as spam and fud,
and my questions elicited an attack from a couple of obvious dev sockpuppets.
still the problem exists that there is no official mention of it in the OP.
looking forward to total transparency.
heh.
of course my question still is why is the premine so confusingly created in teh code?
lol definite reward for the most unclear code ever !!
if(Vcoinh >= 1 && Vcoinh < 1000) {
if((Vcoinh >= 101 && dDiff > 75) || Vcoinh >= 1000) {
// 222000/(((x+2600)/9)^2)
// Vcoinr = (222000.0 / (pow((dDiff+2600.0)/9.0,2.0)));
Vcoinr = dDiff * .4356;
if (Vcoinr == 25) Vcoinr = (1 + 250.00) - (Vcoinh / 4);
if (Vcoinr == 5) Vcoinr = 250.00 - (Vcoinh / 4);
}
else {
Vcoinr = dDiff * .4426;
// Vcoinr = (1112.0 / (pow((dDiff+51.0)/6.0,2.0)));
if (Vcoinr == 500) Vcoinr = (5 + 250.00) - (Vcoinh / 4);
if (Vcoinr == 25) Vcoinr = 250.00 - (Vcoinh / 4);
if (Vcoinh > 10 && Vcoinh < 12) Vcoinr = pow (pzx,pzy);
}