Quote from: bathrobehero on June 11, 2016, 03:08:51 AM

Quote from: AndreaF on June 10, 2016, 10:36:14 PM

If I start to annunce the currency as public and put all these premined coins in a reserve wallet that cannot be used by me but is used by a service where each user can get freely a fixed amount of these coins. This would be way more fair than let all the monetary base to strongest miners and there are tons of technological way to avoid that developers or greedy people can scam other users using multiple account getting more coins that allowed.

You are completely out of touch with crypto.

Every single free distribution model can be (and is being) exploited and that is a fact. This is why we have a such a difficult and safe way of creating new coins called proof of work.

And as I said earlier, there's no such thing as all coins going to superminers. Every element of the market gets just as much coins as they invest in either electricity and mining time or BTC (buying on exchange).
There's no "few powerful miners controlling all", everyone has a fair chance to buy mining equipment and use it. You're argument is like saying some people have more money to invest so crypto is unfair.
In essence, your superminer argument is short sighted and even childish.

Quote from: reRaise on June 10, 2016, 11:05:02 PM

if u knew how many pow coins are scams, only the tehcnology matters. some miners are pissed they cant instamine with botnets anymore thats all.

You do realize it's not 2012 anymore, right? CPU mining is long dead.

You try to negate the reality.

1) It's a FACT that few people can get access to ultra-powerful hash miners
Most of people CANNOT invest tons of money in superminer for speculation, I have a high end home PC pretty expensive and if I compare ,u hashrate to top miners of most popular pools its power i light years distant not even in the same universe.

2) The concept of miners contribute to the currency has sense when the hash power is proportional to the blockchains needs, if there is overmining speculation becames a way to grab as much coins as possible. This concept is very easy to understand. There is monstrous power used in most popular coins mining for few transactions. So say that is only a meritocratic reward is bullshit, It's a gredy game for who has most power.

3) Is for you is fair that few richest people that can affort mining cloud controls most of the money, you have to consider fair also that original developers control most of the coins. To me fairness means a proportional distribution among people... According to you isn't clear what means and what is the "merit concept".