99.7% premine. No more stellar being sent out. Stellar / Stripe controls 94.3% of all tradeable stellar. Remaining 5.7% of tradeable stellar is owned by early birds of which many were hackers who had thousands of facebook accounts (verification was only added later) and then speculating buyers. There's guys on their forum bragging about already having 20+ million of Stellar.
Look past the "free" and this coin is just a scam. The "free" thing works just like Aurora coin's air drop, it's just bloated capitalization to lure in suckers.
Stellar is founded by a Ripple founder. Do you really think he left Ripple? Looks like Ripple just rebranded itself and created fake drama (like in WWE wrestling) as a way to relaunch and take advantage of the "fair distribution" fad that started earlier this year.
The problem is the legitimate fair distribution coins are more fair than Stellar but Ripple-Stellar is riding on the image of it being "fair" (when it is not). Stellar owns 94.3% of all tradeable Stellar at the moment and is still sitting on that 99.7% premine and will be for a veeeeerrryyyy loooonnnnggg tiiiimmmeee.
Look past the "free" and this coin is just a scam. The "free" thing works just like Aurora coin's air drop, it's just bloated capitalization to lure in suckers.
Stellar is founded by a Ripple founder. Do you really think he left Ripple? Looks like Ripple just rebranded itself and created fake drama (like in WWE wrestling) as a way to relaunch and take advantage of the "fair distribution" fad that started earlier this year.
The problem is the legitimate fair distribution coins are more fair than Stellar but Ripple-Stellar is riding on the image of it being "fair" (when it is not). Stellar owns 94.3% of all tradeable Stellar at the moment and is still sitting on that 99.7% premine and will be for a veeeeerrryyyy loooonnnnggg tiiiimmmeee.
This is Ripple Version 2.0 right down to the buggy clients.
Why do people let Jeb get away with MANUFACTURING 100,000,000,000 (or whatever) pre-mined coins (again)...
And somehow he is not a scammer... and maintains a good reputation around here?
Oh I forgot... Crypto addicts will crawl over broken glass for $20.
Actually its not Ripple 2.0. Its copy paste from Ripple 0.25
