Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread -100% Original Codebase - Over 70 Team Members
by
okaynow
on 06/04/2015, 21:12:14 UTC

Developers control 65% of coins, I believe.  This is probably the worst distribution of POS coin

Once again you start to turn the old theme in a circle. How can they control if everything is secured multi-signatures? Shocked

You mean, how can they control the multisig they control?

Multisig is not protecting anything if the co-signatories are all malicious players
(i hope core team players will not take this comment personal, it is just an observation in regard to the relevant convo)

More over, multisig can be a pain, if there is no consensus for whatever reason.