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A comment on Lightning on Stellar: Technical Spec and Roadmap. Parent comment

Re:Lightning on Stellar: Technical Spec and Roadmap by EastSmith on Tuesday March 20, 2018 @03:30PM (#16631762)
Unlike Ripple, where the pre-mined tokens are held by individuals, the pre-mined stellar tokens are owned by Stellar Development Foundation, a nonprofit corporation.

Here are some quotes, but do check the link bellow too:

"SDF manages the execution of lumen distribution, with oversight and direction provided by SDF’s Expansion Board. The initial lumens held by SDF are required to be distributed to the world in the following manner:

50% for distribution via the Direct Sign-up Program

25% for distribution via the Partnership Program

20% for distribution via the Bitcoin Program

5% held by SDF to support operational costs"

https://www.stellar.org/about/mandate/

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Re:Lightning on Stellar: Technical Spec and Roadmap by proofofmoon on Tuesday March 20, 2018 @03:38PM (#16631822)
How much control does Jed McCaleb have over this foundation?
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Re:Lightning on Stellar: Technical Spec and Roadmap by tiddlywinks12 on Tuesday March 20, 2018 @03:43PM (#16631862)
Are there any updates on the status of SDF as a non-profit? https://www.xrpchat.com/topic/17500-a-stellar-story/ suggests their tax exempt status is at least unclear.
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