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I always thought that the only way to change this is for Evan to quit this project and start another one with a clean distribution and conscience. The current marketcap is at 13.5 million dollars, which should never be a problem considering that Bitcoin is about to fork with a 3.5 billion marketcap. Yes, some people would suffer as a result of this, but not many. 13.5 million dollars in marketcap is nothing. Start another blockchain, use the same code/vision and simply own the altcoin scene, unless you still want to make a lot of profit from those masternodes and you just cannot stop.
If that happens, i will be the first one to invest all my money into it. Probably many more after me...
in my turn i always thought that bitcoin's blockchain should be reset, into a clean and evenly distributed coin. i'd gladly receive my personal stash of free 1000 bitcoins of personal potestative right.
It was called Litecoin. Did you miss that boat too?
Litecoin wasn't that "evenly" distributed, as the first day had its own instamine.
http://www.devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins#litecoin"Despite being Bitcoin's supposed silver to it's gold, Litecoin does not escape from this analysis kindly. In the first 96 hours, we see a well defined curve that demonstrates instamining occurred, showing 450,000 LTC being created in less than 6 hours."
450K coins isn't very many given LTC's supply. Available supply: LTC 43m, DASH 6m so 450K LTC corresponds to 63K DASH. Pretty much nothing compared to the 1.5-2M instamine here, and this number will further shrink over time.
No wonder dash had the same issue at the start, as it was based on LTC code, but with a spin regarding hash type and diff. adjustment.
No, if the only issue with XCoin was same slow difficulty retargeting as LTC, the instamine would have been far, far smaller. The main issue was the enormous coins per block during the first two days compared to any time after that. LTC kept the same coins per block for about four years, making it's instamine negligible.