Post
Topic
Board Announcements (Altcoins)
Re: [ANN]Faircoin - The First Fairly Distributed COIN , new EXCHANGE
by
SlientBit
on 19/03/2014, 10:17:21 UTC

bitdraw, don't be fooled by that apparent distribution - it depends on how many addresses one has on the wallet. The fat wallets just tell us that those guys decided to use only one address, and even then they can all belong to the same person Wink
Actually, and that's part of the cryptocurrency design goals, you can't know how much coin a person controls at any given time, unless that person chooses to out himself with that information.

As I asked the DEV in the beginning, the only way to know the actual distribution is to have it by wallet, not address, and even then, there would be no way to know how many wallets belong to the same person.
So, in the end, it's rather pointless.

But it was nice to check the list out, so thank you anyway Smiley

disclaimer: yes, I use more than one address in the same wallet - a have a few K of FAC, but they're all into 1K/address chunks Smiley