Speaking of retarded, let me make it simple for you.
premine. pre, mined.
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pre-, from the Latin proposition and adverb prae; meaning: before, in front of; covering both time (earlier than) and space (in front of, ahead of).
was some ZEC allocated before (prae) the mining?
no.
ergo, a premine it cannot be.
is that simple enough for you or should I try the eli5 version instead?
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Where did the ecash tokens come from? They were mined by satoshi. Reallocating tokens he mined is pre mining. You're just retarded. Don't get into a semantics bullshit game. The only difference is they wait because they say so, not because they have to work to get them. Mining is just a word we have used to abstract distribution of supply. These coins were not "mined" with proof of work. They are new coins being distributed. That's "mining". It's happening before the chain goes to mainnet. Before means "pre"
Stfu
Fuck off with your backdoored zionCash bullshit.
"don't get into a semantics bullshit game", says the angry soyboy with an atitude problem before he entirely redefines what mining means.
everyone else is telling you something. your arrogance prevents you from listening. probably compensating for something there, eh?
call it a dev tax, which is what it is. if you call it a premine then congratulations, you've just erased the difference between mining in private before launch and allocating a portion of block rewards for development (neither of which I'm a fan of, but that's besides the point).
maybe that's good enough for you. for others who are more precise about language, semantics and etymology, it isn't.
How does Ethereum get mined now? Does it require energy expendature?
You are telling me something. Everyone is telling you something.
Who is the arrogant one?
The ZEC was allocated before it was mined. That’s a premine.
Allocation PRE, before, mining.
Programmatic allocation pre being mined.
They did no mining work to get them. They simply assign the coins programmatically to be allocated to them once someone else mined them.
Before they were mined, they were already allocated
Pre mining allocation.
A pre mine
as explained elsewhere: no, not a premine. and none of this is defending or not defending zcash by the way, it's defending truth and accuracy in language.
a PREMINE is when you MINE in secret/private before a launch to secure some supply for insiders.
a DEV TAX is when a portion of block rewards after launch is diverted to insiders.
the end result may be the same (insiders get part of the supply), but the mechanism IS NOT the same!
therefore, it's sloppy and innacurate to call them by the same name, which is what Juraj has been pointing out to you savages all along!
consider: one could even have a premine (portion mined in private before launch) along a dev tax (after launch, a portion of block rewards to insiders).
if you distort the language and call those two things the same, how could you speak about the case where they both happen?
think how normies routinely conflate price increases with "inflation". inflation is the.. well, inflation of the money supply. *that* causes prices to rise.
if you think sloppily about it, as most normies do, you never understand the cause, and you fall for things like " inflation is lower now" (no it isn't, the supply is permanently inflated, it's the rate of inflation, not inflation itself, that was allegedly lowered).
see where sloppily using language gets you? if the definitions are corrupt, you can't reason properly.
so use language properly. call this what is. a dev tax, not a premine.
bro I think we can skip straight to " z cash is cool technically but it's not decentralized "
that is true, but not what's being discussed here (although a few don't seem to be able to see that).
all can be true simultaneously: cool tech, not decentralized, not a premine, bitcoin onchain for "human rights" = lol.
in fact, if you ask me, they are indeed all true simultaneously. but they needn't have been.
the focus here is that calling a dev tax a premine is incorrect, even if the end result turns out to be more or less the same (same in the sense insiders get a part of the supply, not the same in that the insider's supply comes at once (premine) or trickles slowly (dev tax).
i dont know why you want to litigate the definition of "premine", its beside the point.
whatever it was, the question is "does it make it unsafe for human rights usage?" assuming that's why gladstein is "so sick of z Cash people."
so seems like gladstein and Matt want to argue that it does. which is why I'm telling you that is actually what's being discussed here.
anyway, isnt Amber zookos wife?