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> ETH is heavily sequestered by a small number of whales And Stellar isn't? Not a judgement, just a plain old question - it was my understanding that Stellar

> ETH is heavily sequestered by a small number of whales And Stellar isn't? Not a judgement, just a plain old question - it was my understanding that Stellar was an airdrop with large chunks to the founders, but my recollections are TBH vague.

doomslice 6y ago
The Stellar Development Foundation holds about half of the unallocated XLM. They claim they'll use it in the following: https://www.stellar.org/foundation/mandate?locale=en https://www.stellar.org/foundation/mandate?locale=en (and they are a nonprofit so I assume they can't just sell it all).
- ur-whale 6y ago
  > The Stellar Development Foundation holds about half of the unallocated XLM. That's half of the answer :) How much does Jed McCaleb, of MtGox fame, hold?
  - exabrial 6y ago
    that is a good question I suppose. I was speaking strictly to the protocol and open ecosystem.