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>no single holder owns more than 1% of ETH, for example Curious about this statement. Is this something that can be looked up online? I know wallets/transactio
by TheCapn 6y ago
>no single holder owns more than 1% of ETH, for example
Curious about this statement. Is this something that can be looked up online? I know wallets/transactions are entirely public so I guess its just a question of whether someone has made a tool to do this with ETH or other cryptos. How do other coins fair in the same regard? What's BTC distribution? LTC? Or any of their forks?
- chrisco255 6y agoEtherscan is the standard tool for looking up Ethereum wallet balances without having to run your own node: https://etherscan.io/ https://etherscan.io/ . Top Accounts by ETH Balance: https://etherscan.io/accounts https://etherscan.io/accounts #1 has 5%, but it's the wETH ("wrapped ETH") smart contract, that allows people to deposit ETH as the native token and receive wETH in return. wETH is more easily used for things like decentralized exchanges (https://weth.io/ https://weth.io/). So that's really a utility contract used by many applications and users. #2 is the ETH2 Deposit contract, with 2.6% of supply. These are stakers receiving mining rewards for participating in ETH2 beacon chain validation. #3 is Binance, with 2.5% of supply. They are the largest centralized exchange, so that 2.5% represents Binance's customer accounts. #4, #5, #6, are also exchanges. #7 is Compound Ether (@1.08% of supply). Compound is a decentralized finance savings & loan protocol, so again, that 1.08% represents tens of thousands of Compound users.
- Taek 6y agoI believe it's fairly well established that Joe Lubin holds somewhere around 10% of the Eth supply. Anyone with large holdings is incentivized to spread those holdings across many accounts to avoid scrutiny. Pretty much every coin has substantial gini coefficient issues.