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Old 05-21-2014, 09:29 PM  
edgeprod
Permanently Gone
 
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Join Date: Mar 2004
Posts: 10,019
Quote:
Originally Posted by AllAboutCams View Post
Edit: whats the premine? i can see you are on block 30,632 if im right 1,531,600 coin already?
People are splitting off of caring so deeply about pre-mine, it seems. Essentially, the closer to a "socialist" technology (Momentum, CPU-based algorithms, etc), the more people seem to care. With SHA-256 being the exact opposite, I think it'll be acceptable to people as a means of transacting a service, not as an "investment" like so many people are treating the other coins. Tie it to a financial incentive -- burn $20 of electricity, get $60 of membership paid for, and it's a good offer. The secondary market may not be as strong, but being able to transact commerce out the gate will stifle the outcry about pre-mining, optimally.
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