Guys, this rich list is really important to me. Ive been doing crypto only snce July, but Ive come to realize how important fair distribution is to the health of a coin. Most asic-resistant algos are still mined by huge GPU players, but this coin is special in that even single CPU owner can mine and increase the difficulty for large players.
Wallet MU9 is paul the aws guy, who mined with 100 kh/s for the first week. Its a large % of total supply, but net hash has increased so much since the first week that it is bery difficult for any other single person to hoarde that much. And every day the richest YTN owners will have less of a % of supply. Its really encouraging. YescriyptR16 is reallt, really asic resistant.
It is still so early for this coin. Every day, 36,000 coins are distributed to individual miners all over the world. There are no asics or GPU farms.
ASIC/GPU resistant coins are the future. PoS was a dud. GPUs/ASICs kill the coin before it gets off the ground, and the PoS coins hyperinflate almost always with the richlist having billions which just get dumped on the exchange to 1 sat, or it's a low PoS (like 1-8%) which isn't good enough for them and it gets ignored. In both cases, the coin dies more often than not.
The thing about aws, is that it's available to anyone with 20 dollars to get into a coin like this and get a few or more for themselves. I see this algorithm, hodl, burst, etc as the future of coins. People are tired of rigs and whales killing their projects and investments.