Post
Topic
Board Altcoin Discussion
Re: Why do people believe that Proof of Work is good for distribution?
by
darkota
on 06/07/2014, 21:24:56 UTC
First of all, it's Very Likely that most of the "IPO investors" for NXT were simply sockpuppet accounts, as No taint anaylsis was done whatsoever. Also, check the NXT richlist, the first 50 accounts own over 48% of all NXT there is. You call that good distribution? That's downright laughable.

No need to increase the font size. Nobody wants to talk about Nxt right now. Please, stay on topic.

With 100% PoS, the early investors get Everything.

With 100% PoW, the early investors get more reward, but they almost always sell early, and there is Always a chance for latecomers to buy their own mining equipment and get coins themselves.