Who has 11% of the coin supply? https://chainz.cryptoid.info/dash/wallet.dws?559582.htm
I don't know, but there was an entity at least 9 months ago who was buying up coins, hitting numbers like pi 314159.... and I don't remember, the fibonacci sequence? I can't recall. But it's possible that this is the same account? Anyone know?
Inputs go all the way back to one of the first miners it appears. Granted, I figured there were some large holders of around 3-4% but double digits and constantly rolling 1k vins forward into new masternodes doesn't strike me as incredibly healthy for a currency. I kinda figured Evan had around 200-300k coins presently (after clearing over a million in usd equivalent) with the chunks that went to the exchanges late april to early june but to still have a stockpile of coins this large is a bit shocking.
I agree, but on the other hand, I think the system is working. Even this huge entity can only make 582 masternodes, which isn't even close enough to de-anonymize a few rounds of DS. especially with masternode blinding, which is coming up.
We do have to consider such an entity as a potential enemy though and be sure they can't take down the system or break the anonymity. But since anyone can do 8 or more rounds, and it would take more than 90% control of the network to hope to get 1% chance of following the coins (I don't remember the actual numbers, so that's not correct), it seems the system will work. You can easily see that if one didn't have to "put up" collateral to run a masternode, that there would be no way to control this.
I'm not assuming the anonymity will be broken, even at this percentage of ownership, and certainly not when blinding is implemented however, it's certainly not "healthy" having a substantial portion of the money supply under one entity, especially as it relates to new coin generation--that's one of the primary reasons I will never hold POS coins for anything other than a trade because the largest holders continue to be the ones obtaining the majority of the coins. Since the masternode reward will continue to climb monthly until 60%, it's only going to get worse if these new coins continue to roll into new masternodes getting compounded. For instance, at 580 masternodes currently, the entity is generating ~286 coins a day (0.494/Dash per node daily)... that means over the course of just one month, that entity can bring online another 8 masternodes (and that's just today's figures which doesn't factor in increasing rewards and compounding from new nodes). It's not hard to see how over many months that the entity will continue to increase it's coin supply ownership and composition of total masternodes.
I guess it's just a bit shocking that ownership is this substantial. I know the whole instamine ordeal (and I've been around long enough to see the stagnant price action early on as coins were distributed) but the fact that such a large position still remains even after how many coins were sold during the rise to its ATH... just... well... blows.
Given a masternode count of 2400, that means roughly a third (if not more) is owned by this entity and Otoh. If this really is Evan, it would be nice once and for all to really know. Obviously a large stake directly aligns with a productive incentive so there's that, but one does have to just look at the numbers and drop their jaw in the amount of control only a few have. I guess you could really say that about much of crypto though anyway. As a coin holder, I'm definitely going to continue watching the activity as a means of knowing if and when these coins end up finding their way to the exchanges.
..i've got other things to do..see you again 
