THIS IS A DRAFT VERSION OF THE DOCUMENT - PLEASE DO NOT DISTRIBUTE
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As there are multiple concerns and questions about so called Dash instamine issue, the purpose of this document is to provide an official statement of the Dash team about this matter. Our intention is to provide Dash investors and users with a comprehensive information in order to help them understand the currency history and technical issues at the beginning of the project.
Facts about the instamine problem
- During the first 24 hours there was about 1.99 Million coins issued,
- That represents approximately 10-15% of the total money supply that will ever be issued.
Explanation
Conclusion
Considering above, everyone has to make a conscious decision before investing in Dash.
Reference materials:
- The birth of Darkcoin by Evan Duffield (Unlicensed): https://dashtalk.org/threads/the-birth-of-darkcoin.162/
- Was Dash Instamined? From Legacy Dash FAQ: /wiki/spaces/DOC/pages/1867875?
- Was The Instamine A Positive Thing For Dash?: https://dashdot.io/alpha/?page_id=118
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