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And Ethereum didn't have a presale of 70%+ of the supply? That somehow didn't lock-in the captable? ETH foundation (which is completely non-transparent btw) doe
by inter_netuser 5y ago
And Ethereum didn't have a presale of 70%+ of the supply? That somehow didn't lock-in the captable? ETH foundation (which is completely non-transparent btw) doesn't control the trademark and employs go-eth team?
I guess 30% for miners is a nice alibi.
- anizan 5y agoYou have incremental supply on ETH available to those who deploy mining assets. This broadens ownership through dilution. Solana has had multiple funding rounds and not just one. They can continue to have as many funding rounds as they like. There will be never be dilution of Solana holders to allow for decentralisation. To earn coins through staking you need to be a preexisting holder. Running a node doesn't make economic sense and there are plenty of validators which don't charge a commission for delegation. You have no variable costs as an entrenched holder who can just stake coins for more coins till eternity. All future supply on Solana will only take place through staking unless the backers think otherwise. https://etherscan.io/chart/ethersupplygrowth https://etherscan.io/chart/ethersupplygrowth
- inter_netuser 5y agoSo I'm guessing starting a brand new EVM chain and mine/stake from scratch is most optimal to broaden ownership then? Time to scrap ETH and start from scratch?