Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [QRK] Quark | Super secure hashing | CPU mining
by
Netnox
on 16/01/2014, 17:15:03 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

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.


Trust me even if all Litecoins will be mined, the majority will be in the hands of the wealthy. The distribution could even get worse when more Litecoins are mined. This goes for every coin, when the wealthy step in the game.