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Ethereum was also 60% pre-mined, somehow VCs behind it are able to protect it but i agree Ripple is the worst
by whoisninja 6y ago
Ethereum was also 60% pre-mined, somehow VCs behind it are able to protect it
but i agree Ripple is the worst
- davidmurdoch 6y agoSaying "60% pre-mined" doesn't really make sense without more context since the supply changes over time and currently has no cap. There was 60 million eth pre-mined for the initial sale (and another 12 million for the devs). Which, all in, makes it approx 64% of today's supply.
- whoisninja 6y agothey're only fine because they did it cleverly via a Swiss Foundation if they did it via US company, they would be hit with similar lawsuit