Yes, good point, I've read that too. Over 80% of the tokens are apparently pre-mined, which is pretty crazy. I think that's part of the reason why some people have lost faith in bytecoin and switched to monero instead
RE: Anonymous Altcoins On The Rise: What Are Bytecoin And Monero And What Makes Them Special?
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Anonymous Altcoins On The Rise: What Are Bytecoin And Monero And What Makes Them Special?
Yep most likely that means that current capital flight into byte is basically fighting on 20% of whole supply, which is why probably the price went up so quickly and so strong. If developers cash it out that could go down quickly, altough thats just a guess not that i know their intentions.
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