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15308232
Topic
1516991
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Announcements (Altcoins)
Re: [PRE-ANN] Democracy: the lightest coin
by
Block By Block
on
21/06/2016, 16:27:46 UTC
Quote from: kaselit on June 21, 2016, 04:22:47 PM
Quote from: Block By Block on June 21, 2016, 04:21:56 PM
Quote from: kaselit on June 21, 2016, 04:16:22 PM
Quote from: Block By Block on June 21, 2016, 04:13:54 PM
what is so 'democratic' about a coin with 100% premine?
No miners, so the nodes are the only units in the network, no block size problem, because the block is a differenct concept.
and what if someone acquires 51% of the supply?
The same like many other more important ICO happend like Waves.
For a coin called Democracy, this sounds very centralized. I'll pass.