Re: [ANN] [QRK] Quark | Super secure hashing

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.

Quote from: stompix on January 16, 2014, 04:27:04 PM

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.

So the coin is dying?

I'm not saying it's dying or it isn't, or really making any comment other than providing some facts for people to look at and do with what they will.

Is Quark the only coin with this kind of uneven distribution? Not at all. But it IS the only one that is essentially 100% mined at this point, which means its distribution is more set. It is what it is.

I just personally found the numbers shocking and thought the community should see it so they have all of the facts.