This video shows the steps taken to burn the 2 Million Pre-mined DINERO Coin. The original developer thought having the pre-mine was a good idea. The new team came to the conclusion that keeping the pre-mine would hinder the projects growth and warrant unnecessary attention because of the stigma that comes with a pre-mine.
Here is the Pre-mine Address
https://insights.dinerocoin.org/insight/address/D5DiNeRoPreMineBurNXXXXXXXXXWxgsvZ
Here is the program used to Burn the premine
https://github.com/dinerocoin/Dinero-Premine-Burn
DINERO Rich List with the Pre-Mine address listed
https://altexplorer.co/coin/din/richlist
Steps Taken To Burn Coins
- Open DINERO Burn Program
- Create Burn Address
- Send the Pre-Mined coins to burn address created in step 2
- Wait for confirmation
- Open DINERO Data Directory on local computer to show wallet.dat
- Show receiving and sending address' in wallet
- Attempt to dump private key on burn address in wallet debug console
- After confirmation delete wallet.dat and empty trash can
- show empty trash can
Note: It is possible for this address to also have a private key but there is no body in this world who has the private key. The address was generated using the open source software listed above any developer can vet the code.