Post
Topic
Board Altcoin Discussion
Re: MASTERCOIN VS NXT
by
Spekulatius
on 22/06/2014, 23:50:08 UTC
I might correct that to:

The broader distribution of else-equal coins will make the difference.

Fairness does not matter.

Thx. I would agree in so far as fairness is less significant for a positive outcome as broad distribution but I think it does matter though. Think of the negative perception. If anything is premined or stealth mined to a significant percent (greater the 5%) nowadays it carries a stigma. (I recommend this good read: http://www.devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins) Few coins stick out in this dimension of competition, such as Monero or Counterparty (where everybody including the devs burned their Bitcoins in order to get XCP). Bitcoin would not pass so easily today as it did in 2009, simply because there was no competition back then.