Its not fair at all and mostly ends up with a huge Dump in the End.
Destributition should be as fair and smooth as possible.
Current Algo will cause massive Hickups in the Future imo.
Explain us the huge dump???
Some guys will ether hoard their Coins and sell them all over a Pump or they sell them all the Time.
They usually get 70-90% of mined Coins and thats for free.
These Dumps over a massive Uptrend can cause a lot of longterm Damage.
Ether Way its not a good Thing when somebody gets that Percentage of mined Coins for free.
Dont get me wrong i like this Coin, simply dont like that Algo and CPU only Coins in general.
Zcash for Example does a much better job with the (heavy on the Ram) CPU Part of their Dual Mining Algo imo.