Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [QRK] Quark | Super secure hashing | CPU mining
by
professorY
on 16/01/2014, 17:01:23 UTC
Saw this in another thread and it's very eye-opening:

http://bitinfocharts.com/top-100-richest-quarkcoin-addresses.html

Notice how fewer than 300 people control a whopping 76% of all Quarks in existence.

That is insane.

Where's this massive decentralization we were promised?


Look Litecoin at the same link:
2230 accounts -> 19M Litecoin
2230 accounts (no people)  control 77% Market

but Quark only have 6 months and 2 months with real trade and exchanges,
Litecoin at least 2 years

2230 accounts for a three year old currency is a hell of a lot less dangerous than 300 for a 6 month old currency.


Quark  99% mined , Litecoin  30%.
So the top100 control 62.22% of all quarks coins , and in litecoin the top 100 control 45.76% of 30% that have been mined . that is 15% of the total numbers.


^^What he said.