kate

have seen this one on the invidious instance i use https://gandalf.nerdvpn.de/

oh, i did

thanks for the heads up

just to add; i don’t know if the guy that made this coin did such a thing, i didn’t check. if you buy this coin you get what you get and i should sue op for making me think about crypto again

Yes and no; what you’re describing is a thing and it’s called pre-mining. In the most efficient version of pre-mining you’d mine on your own hardware before releasing the code so that with literally the minimum possible compute power you’d still get 100% of the coins since there is no one else on the network, there is not even a network.

The “coin” in the OP here is really more of a token, and people use the terms interchangeably but there is a difference that matters here; a coin typically has its own blockchain, like bitcoin does, while a token operates inside of another network, like how you can trade the USDC token on the ethereum network. There’s no blockchain for the token USDC, but there is a coin for the network the token runs on (ETH for ethereum, SOL for solana).

This token is on the solana network where creating a token means creating a “mint” through the shared token program, and the mint records the total supply anbd who’s allowed to create more token. There’s a version of step 2 that applies here, it’s called bundle sniping. It works in a very similar way but requires no mining and just the transaction cost within the network it runs on (in this case the solana network), in which you (the “developer”) buy coins very quickly after the token launches,using other pseudonymous wallets, while the prices are still really low.

In any case, like I said, public ledger. The fact that these strategies are so played out as to have names mean it’s also pretty easy to find out if someone did this; for any given token you can see which wallets hold the most of that token and where they got them. There are even automated tools with some of the most ai-gen looking websites i’ve seen in my life (rugcheck and bubblemaps are 2)

If this all sounds like dumb bullshit; welcome to crypto :-)

it’s a public ledger and so it would still be known which wallets received the initial coins; but also, you can’t know how many is reasonable without knowing what the price per coin will end up at

only if that seller is moving to another pixel :-)

if you want graphene but want to avoid giving google money you could always just buy a used phone on the second hand market

I’d like you to de-list my channels. What’s the process for having the channels on my server removed from your index? Because right now all you’ve made is matrixrooms.info with less consent.

I did so earlier this month and my channels are still listed on your site, showing 0 activity.

how do i request my server and its channels be removed from your site?