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Re:Global high-performance proof-of-stake blockchain with er... by everfree on Wednesday May 28, 2025 @12:04PM (#44117513)
Sui didn't halt because of PoS, it halted because of poor coding practices. Solana isn't rigged because it's PoS, it's rigged because its token is distributed mostly to insiders.

> What you are repeating is the same PoS nonsense. Get out of here.

That's rude and unhelpful.

> Eth drove off a cliff when it went PoS.

ETH is the only PoS token that's been performing relatively poorly lately, and it's still in the #2 spot by market cap. (And #1, surpassing Bitcoin, by most other network metrics).

> The billionaires were dumping Sol on retail last cycle.

Because they gave themselves a bunch of Sol. Fairly distributed PoS coins are not like this.

> Eth was “premined”.

103 million of the current 120 million ETH (89%), you or I or anyone could have bought at the public token presale or mined since then. No one person owns more than 0.25% of the supply. That's hardly "premined".

Compare that to Bitcoin, where Satoshi mined 5% of the supply while the network was little more than a whitepaper and a repo. That's 20x the largest holder of ETH, and it's a real risk that those keys come alive again some time in the future and cause a panic in the markets.

Re:Global high-performance proof-of-stake blockchain with er... by proxynoproxy on Wednesday May 28, 2025 @12:50PM (#44117991)
60% of eth was printed from nothing and sold to insiders on day for Bitcoin!

It’s all awful and inexcusable!

(Edit for 60%)

Re:Global high-performance proof-of-stake blockchain with er... by everfree on Wednesday May 28, 2025 @01:04PM (#44118158)
See my other reply. The coins were not sold to insiders, and your percentage is wrong on top of that.
Re:Global high-performance proof-of-stake blockchain with er... by proxynoproxy on Wednesday May 28, 2025 @01:11PM (#44118229)
Updated to 60%. Your right I should have verified this.