Archeologist Discovers 36% Pre-Mine in DinosaurCoin’s Skeleton

Shocking news, as archeologists have discovered a 36% pre-mine in DinosaurCoin. After dusting off the bones and looking at the framework, it appears there were a ton of hidden pre-mine coins in the code. Let’s take a quick look.

DinosaurCoin was launched a few days ago, using the new popular:flavor of month X15 mining algorithm. As I like dinosaurs myself, I had planned to do an article on this digital currency at some point. Not this one though, but the truth needs to be told.

As it was announced in the original post on BitcoinTalk, DinosaurCoin would have a 1% pre-mine. No harm done with that. As some people started looking closer at the code, they discovered that block 1 indeed held a 1% pre-mine.

However, blocks 14 and 34 awarded an extremely large amount of coins. Tallying up all of the amounts in all of these blocks, would mean the total pre-mine is 36%, which is over one third of all coins. Back to extinction with DinosaurCoin if you ask me!

getblockbynumber 14

{

   “hash” : “00000043b431235709f7aef5cf7cb7b6612501ab543785ff167136b924b187f8”,

   “confirmations” : 595,

   “size” : 174,

   “height” : 14,

   “version” : 6,

   “merkleroot” : “e03eeab9e5819359ecec2181b6174d20875543f30941d07d2586ac8c2cb836b2”,

   “mint” : 367321.65443200,

   “time” : 1404563602,

   “nonce” : 2004142,

   “bits” : “1e03ca87”,

   “difficulty” : 0.00103035,

   “blocktrust” : “4386b3”,

   “chaintrust” : “1f7024f”,

   “previousblockhash” : “00000340ef6a68eed60f523d42ab09ab3c82a2bcac273b3492c59d39ed9d99d9”,

   “nextblockhash” : “000001a6427e32212f5bb66881f381559661903c1df5bb53c4cf4333779c07e9”,

   “flags” : “proof-of-work”,

   “proofhash” : “00000043b431235709f7aef5cf7cb7b6612501ab543785ff167136b924b187f8”,

   “entropybit” : 0,

   “modifier” : “0000000000000000”,

   “modifierchecksum” : “407e12e6”,

   “tx” : [

       “e03eeab9e5819359ecec2181b6174d20875543f30941d07d2586ac8c2cb836b2”

   ]

}

getblockbynumber 34

{

   “hash” : “00000075e4a704305765616d29c836bb10b59f42fa80aa8a9dfaf435d833b03f”,

   “confirmations” : 575,

   “size” : 175,

   “height” : 34,

   “version” : 6,

   “merkleroot” : “af839372a56522106fa82ed0d8c305aa7cdaca42e6a56aa600567ba591ba5594”,

   “mint” : 2673216.54432000,

   “time” : 1404564106,

   “nonce” : 4410580,

   “bits” : “1e00b8b5”,

   “difficulty” : 0.00541390,

   “blocktrust” : “162cf7f”,

   “chaintrust” : “11c82d21”,

   “previousblockhash” : “000000c135ed0afde48fd8d7a424228d7e340349c974158dfe8c58d7e9b77fdc”,

   “nextblockhash” : “00000085181cbebc93ae5a0a5f72f144bbe2e5dc81844af0a037e5ccfd1fb702”,

   “flags” : “proof-of-work”,

   “proofhash” : “00000075e4a704305765616d29c836bb10b59f42fa80aa8a9dfaf435d833b03f”,

   “entropybit” : 1,

   “modifier” : “00000000026a5d9c”,

   “modifierchecksum” : “68ddff73”,

   “tx” : [

       “af839372a56522106fa82ed0d8c305aa7cdaca42e6a56aa600567ba591ba5594”

   ]

}

Original discovery : https://bitcointalk.org/index.php?topic=678073.msg7693718#msg7693718

Some people will never learn I guess….