Re: [ANN] Ethereum: Welcome to the Beginning

Quote from: zasad@ on March 30, 2022, 03:02:37 PM

https://blogs.opera.com/crypto/2022/01/opera-crypto-browser-project-web3/
Google Searches for ‘Ethereum Merge’ Have Hit an All-Time High
Canadians, Australians, and Singaporeans were the most curious to know about Ethereum’s imminent upgrade.

https://decrypt.co/95574/nearly-6-billion-eth-burned-ethereum-2-0-edges-closer
Nearly $6 Billion in ETH Burned as Ethereum 2.0 Edges Closer
The second-largest cryptocurrency, Ethereum, has officially destroyed more than 2 million ETH via a burn mechanism introduced last year.

https://thedailygwei.substack.com/p/evenly-distributed-the-daily-gwei?
Anthony Sassano(C)
"I could write a lot more about this topic but I’ll digress for today’s piece - hopefully I’ve been able to get you all thinking a bit more about layer 1 token distributions - especially around PoS-first networks. Obviously ETH’s distribution is far from perfect, but I think it is much, much better than other networks that start off as PoS from day 1 and basically become a perpetual insiders game - we’re very lucky to have had such a long PoW phase for Ethereum."

What the fuck am I reading?

Ethereum premine was 72 000 000 coins, done by company that was literally deleted right after giving out the coins, meaning there is no trackrecord of anything. 69million could literally be in dev team pocket. Vitalik personally has 500 000 coins atleast. And officially the dev team had 12 000 000 coins, which can all be seen in genesisblock transaction from explorer.

This is still 61% of entire coin supply - miners have literally mined less coins in all these years, and now they are even burning ETH.