Post
Topic
Board Altcoin Discussion
Topic OP
Is Chia Really Decentralized or just a Myth?
by
tavr
on 16/10/2021, 14:13:25 UTC
Bram Cohen was quoted explaining his Chia project to investors in November 2017:"The idea is to make a better bitcoin, to fix the centralization problems".https://techcrunch.com/2017/11/08/chia-network-cryptocurrency/

But in reality he did 95% Prefarm

Source

From that statement, he owns of 95% of coins and for community left only 5%.
It seems, it is just another corporate cryptocurrency under the hood of folk coin and words are at odds with deeds.
Am I painting the devil blacker than he is ?!