at >50% central control, 1 party controls more of incentive market value than all other parties combined
the filter that removes >50% central premines is what removed it
what is new about centrally controlled tech?
the filter that removes >50% central premines is what removed it
Quote
Ethereum is doing all effort to create something new
what is new about centrally controlled tech?
First things first. You are making a lot of confusions and wrong interpretations:
- Genesis coins doesn't mean they are centrally controlled. Those "premined' coins were sold in the crowd sale, as you can see here. Those coins are not owned by Vitalik or anyone from the dev team. They were sold to early investors. You can confirm this here. Anyone could have bought them.
I am in this ecosystem for a long time and i have never seen anyone criticize Ethereum for making an ICO. This is just ridiculous.
Some of the most prominent, knowledge and bitcoin evangelists like Etehreum and respect it for waht is it or tries to be (Antonopoulos for example).
Vitalik doesn't control the coin supply, this is just false. You don't know how to read the data you have.
Quote
Vitalik Buterin's Cryptocurrency Holdings
Looking at his primary wallet addresses, Buterin owns about 352,000 ETH at a current value of $46 million. Between his three main wallets, he also holds ERC-20 tokens worth over $900,000...
...
The crowdsale for Ethereum began in July of 2014 and raised Bitcoin worth, at the time, $18.3 million. From there, he was able to secure a six-figure salary from the Ethereum Foundation, the non-profit born out of the raise.
However, his main source of wealth is the hundreds of thousands of Ethereum tokens he was able to hold on to from the cryptocurrency’s pre-mine. This gave the foundation and its founders a little under 12 million ETH, which now represents about 11% of the circulating supply.
https://cryptobriefing.com/how-rich-is-vitalik-buterin/#:~:text=Vitalik%20Buterin's%20Cryptocurrency%20Holdings,20%20tokens%20worth%20over%20%24900%2C000.Looking at his primary wallet addresses, Buterin owns about 352,000 ETH at a current value of $46 million. Between his three main wallets, he also holds ERC-20 tokens worth over $900,000...
...
The crowdsale for Ethereum began in July of 2014 and raised Bitcoin worth, at the time, $18.3 million. From there, he was able to secure a six-figure salary from the Ethereum Foundation, the non-profit born out of the raise.
However, his main source of wealth is the hundreds of thousands of Ethereum tokens he was able to hold on to from the cryptocurrency’s pre-mine. This gave the foundation and its founders a little under 12 million ETH, which now represents about 11% of the circulating supply.
