I’m warning potential readers about the scam you’re promoting. If you don’t care, then stop.
If a cryptocurrency involves trusting a central foundation at any point, it’s a scam. It’s an unnecessary security hole, and one would be damn foolish to invest in it just because the hole remains unused.
That’s whataboutism - a low carbon footprint doesn’t change whether or not Nano is a scam. My Excel spreadsheet has an even lower carbon footprint than the AI you’re pitching here. If they own a large enough majority to control the network, then they can keep dictate policy or favor their own blocks for free money.
The largest representatives according to voting weight were the exchanges last time I checked
Which is irrelevant because holders can just choose different representatives.
So I mean, while I can’t prove that the foundation held more coins than they claimed, I’m unaware that there was ever a sign of them actually doing so.
The sign is them creating a design that expects this tremendous amount of trust. It’s extremely conspicuous to create a vulnerability that only the foundation can exploit, that can go undetected if they don’t make a huge mistake.
It has to come from somewhere, right? How would you fairly distribute coins that aren’t mined?
You can’t fairly distribute a premine. Don’t use coins with premines.
I’m glad you’re not here to shill Nano, but it is a scam and you are promoting it.
You are one of those suckers if you believe every distributed coin was solved by a CAPTCHA. The centralized(!) foundation pinky promises that they didn’t sock puppet ten times as many suckers at launch, and then keep a controlling share of stake permanently.
A better way to do the initial “airdrop” is to not do centralized issuance at all, because anyone would be a complete fool to trust any crypto foundation.
Nano is a scam. They mined all the coins up front, and then told the most gullible rubes in the universe that everyone else had to fill out CAPTCHAs too.