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Topic: [XPM] The gold standard no premine - page 2. (Read 1888 times)

legendary
Activity: 2632
Merit: 1023
July 19, 2013, 06:41:56 PM
#5
you just>>  Kiss >>sunny's butt

nope.jpg, just gave credit where credit is due.
legendary
Activity: 1876
Merit: 1000
July 19, 2013, 03:31:25 AM
#4
Satoshi, sat their by himself for ages mining, all credit to him.

Almost every coin that followed has a premine for bounties or for the creators, in some form

Sunny King has set the bar with XPM for no premine, to the extent he is going round having to buy XPM.

With the small caveat of optimization in the early stages, XPM by a clear prospective announcement, followed through with a new mechanisim/hash,

XPM is GOLD STANDARD for no premine of any sort.

Yet another bow for XPM and why it is going ++


Well firstly I do think the start of primecoin was one of the best, abled to be mined by many, even with limited computer power, for many days.
Right up until its started being gamed, which kinda spoilt the party for most (though that part wasn't sunny's fault).

Lot of flaming in the forum for any coin that even suggests premine. So you can see the loudest mouth on here are those with big mining rigs that want it all. When they scream premine ....what they are really crying is "i missed my big cut"

I have no doubt as a person with limited mining resources that the coins on, here that premine have on the most part been the fairest to all, with giveaways for those who have limited mining resources.

Satoshi only adopted the mining, as at the time no bot controlled supply/demand models seemed to workout. Post bitcoin beta I'm convienced the mining method to control supply isn't ideal.
hero member
Activity: 686
Merit: 504
always the student, never the master.
July 19, 2013, 03:18:07 AM
#3
you just>>  Kiss >>sunny's butt
legendary
Activity: 1246
Merit: 1011
July 19, 2013, 03:10:00 AM
#2
+1



legendary
Activity: 2632
Merit: 1023
July 19, 2013, 03:04:42 AM
#1
Satoshi, sat their by himself for ages mining, all credit to him.

Almost every coin that followed has a premine for bounties or for the creators, in some form

Sunny King has set the bar with XPM for no premine, to the extent he is going round having to buy XPM.

With the small caveat of optimization in the early stages, XPM by a clear prospective announcement, followed through with a new mechanisim/hash,

XPM is GOLD STANDARD for no premine of any sort.

Yet another bow for XPM and why it is going ++

Edit::Sunny also refuses donations for his work




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