Over 1 million $ address value! Minted over 10,000!!!
Is it possible that's the dev's address? Serious question.
Or CoinExchange maybe? Do they stake?
I am also wondering this. If the dev is staking it is seriously a problem for multiple reasons. One the weight is high, but more important and mainly the coin with be gone within
the month! Can somebody shed any light on this development? My stake weight was like a week or something, never seen it soo high. Are there big bag holders already here?
Just want some clarity not calling for any FUD here
I am sure we will get clarity once after the airdrop. It is in the Devs favour as well that he does not do something stupid. And till now he has done everything in the best possible manner and does not give me a reason to doubt.
Everyone is incentivized to move this project forward. So let get to moon.
Top 10 holders own 88% of the total supply.
Bet not all of them are dev address. Hope its not gonna be a pump and dump coin just using Ethereum Name in it. Other Dark coins are really doing good. Fingers crossed.
http://www.presstab.pw/phpexplorer/ETHD/richlist.phpThe distribution is still going on
Distributions
★10% for dev team (3.33% each)
★5% Marketing PR
★5% Free give aways in reward system
★5% To anyone who helps us gets listed on any exchange (We will divide this for members who work together, 1% per exchange)
★10% Bounties & Airdrops 1, 2, 3 and 4 (Final), (Airdrop 2 starts at 20k views, 3 and 4 will be announced soon)
★5% To help us pay for developments: (Creating merchant service, Smart Cards, Shopping platform and more)
★10% For development help: (Redesigned wallets, adding masternodes, cryptography, etc)
★5% To ensure block chain runs smooth (After all distributions are handed out, we will decide as a community on what to do with these coins)
★10% For Mods and translators (Each one gets paid once or twice a week, until supply is over)
★5% Lottery program. 4 winners per week. (Program length 156 weeks. Award amount = 336 coins per winner)
yeah i think so too that for safety and for bookkeeping reasons the premine coins are on several addresses, so these are the DEV Addresses
so i don't really understand what's the big issue with that it's even in the announcement post like aragorg quoted
Please clarify if you can, because I'm still confused about this being normal
This is a proof of stake coin, as I understand it we generate coins by staking them on our wallets right?
Two factors are critical : Balance weight (More balance > Bigger reward) & Transaction age (Older > Better)
My concern is at this early stage if 10 addresses are holding 80% and probably getting probably 80% or more of minting rewards, what's gonna happen in the long run and how my account is supposed to compete and evolve.
I know that I'm not doing any effort like GPU mining but I bought what I could afford, not complaining about the airdrops. But I'm expecting some returns for my investment which seems unlikely if my meager balance is gonna compete against the likes of 1 million $ accounts that generated thousand of coins through staking already!
One more thing one of those accounts generated 0.71% by staking already! Means almost a month now of non-stop staking.
