1989 Dead Coins, Contact For Errors
Kibi Coin
Ticker: KIC
Launch: 2016
Death: 2018
Type : Coin
Supply: 14.7 Million
Founder : Hidden
Reason : Desertion

More Details : Kibi Coin

Kibi Coin (KIC) started in 2016 and finished in 2018, with a total supply of 14.7 million coins. The team/founder is hidden, The main reason this coin was listed is desertion.

(from old site) How much has been premined? Planned premine: 4000000 KibiCoin (1.56% as seen in increased block reward for block #2) Actual premine: 6419200 KibiCoin (2.5%, see explanation below) Why was there more premine than expected? Initial mining difficulty was set to the same value as for litecoin and that is far to low to start with today. To correct this we mined 16128 bocks. Why 16128 blocks and how much more premine did this cause? Difficulty retarget happens every 2016 blocks (3.5 days/retarget times 24 hours/day times 60 minutes/hour divided by 2.5 minutes/block). Every retarget can increase diff with not more than a factor 4. Therefore we had to mine 16128 blocks for 8 retargets to happen to bring difficulty to 16. We had already calculated for a premine of 4 Million KibiCoin, all mined in the second block as you can see in the source code. Because of this unplanned additional premining to get a reasonable diff we instead have 4000000 + 2419200 = 6419200 KibiCoin premined.

1989 Dead Coins Total