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Yep, just another premined coin to the list, and as it turns out it's a fork of Ripple. Everyone here should read this comment: https://news.ycombinator.com/it
by oafitupa 12y ago
Yep, just another premined coin to the list, and as it turns out it's a fork of Ripple. Everyone here should read this comment:
https://news.ycombinator.com/item?id=8115272 https://news.ycombinator.com/item?id=8115272
- schrodinger 12y agoPlease stop posting the same thing over and over.
- vbuterin 12y agoThere is absolutely nothing wrong with premining, if it is done honestly and transparently and especially if your coin is using a consensus algorithm that has no need for regular mining in the first place. Let's evaluate the fairness of the distribution model on its merits. This one is quasi-centralized (relying on Facebook accounts), but I predict it will be among the most egalitarian.