Is Wanchain being dishonest about their total supply?

Wanchain has said that their total supply was 210mm but I believe below is absolute proof that it is higher. Can somebody find any holes with this information?If you look at genesis_alloc.go on github (https://ift.tt/2OQkHgi), you'll find the genesis allocation. The address 0x01d0689001F18637993948e487a15BF3064b16e4 is holding the 10% WAN meant for miners. Those funds are untouched and everything adds up to 210 million.But looking at https://ift.tt/2KwWOax see that the mining addresses are holding newly generated funds that don't show up on the official explorer unless you send a new tx to one of them. Example:https://ift.tt/2M8YVGf the total supply right now is above 210 million.This means it's not from the ico or an exchange, because those funds got distributed through normal transactions (look at your wan ico address). But it isn't from the genesis allocation either (the 210 million have been distributed to other addresses which you can check on wanscan and the github file), so it's additional, newly generated WAN.This is a massive finding imo and the public needs to be made aware.

Submitted August 07, 2018 at 07:54AM

No comments:

Post a Comment