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MemoryCoin / Re: The Pre-Mine Questions FreeTrade Won't Answer (Ongoing)
« on: January 19, 2014, 03:45:08 pm »
I am a bit late to the whole premine controversy but can someone just sum it up for me. Did freetrade only get 160 000 MMC and thats causing all this fuss ?
Look at the shit thats called Ripple with a few billion effective premine and central authority and backed by google, it is doing reasonably well and everyone is losing their fucking toys over 160 000 / $32000 worth of premine coins ?
If all this chaos is only because of voting power I guess there is some reason for it but still overcoming the 160k vote is fairly easy combining just a few big miners coin votes.
Please correct me if I am wrong or inform me of the actual total premine in case it is much higher than that.
Look at the shit thats called Ripple with a few billion effective premine and central authority and backed by google, it is doing reasonably well and everyone is losing their fucking toys over 160 000 / $32000 worth of premine coins ?
If all this chaos is only because of voting power I guess there is some reason for it but still overcoming the 160k vote is fairly easy combining just a few big miners coin votes.
Please correct me if I am wrong or inform me of the actual total premine in case it is much higher than that.