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A comment on Cryptocurrency scams cost owners $7.7B in 2021, driven by DeFi-based “rug pulls”. Parent comment

Re:Cryptocurrency scams cost owners $7.7B in 2021, driven by... by tromp on Thursday December 16, 2021 @12:23PM (#29580807)
These rug-pull scams rely on the developers having tons of tokens to sell to investors, which is mostly confined to use of Proof of Stake.

So your environmental criticism of Proof of Work is not applicable here. A PoW coin with no premine doesn't allow for a rug pull.

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Re:Cryptocurrency scams cost owners $7.7B in 2021, driven by... by optimalsolver on Thursday December 16, 2021 @02:32PM (#29582707)
What are some notable proof-of-work tokens that didn't have a premine?
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