I agree there are problems with PoW mining and how it becomes more centralized as it gets more expensive to mine. But what RimBit is proposing is not a solution lol.
100% Premine = 100% Scam
I totally agree with you with premine of all the coins there is one group that can control it all there could be a better solution to these problems except 100% premine equal distribution is the best solution and there are coins and new coins that has this algorithm