Community Token Talk - Satoshi Pre-Mined Bitcoin?

Satoshi Pre-Mined Bitcoin?

Even if he/she did, is that important?

Pre-mines don't go great with decentralization and generally with the idea of cryptocurrency.

In POW chains pre-mine is bad, but it does not affect the governance of the chain. So if there is a big pre-mine the worst thing that could happen is the dump of those pre-mined coins on the market and price drop.

On POS (DPOS) pre-mine is the main red flag. If someone has 30% of a coin on a chain that uses stake for governance, that chain is not decentralized, there is a serious threat of hostile takeover, regulators will have an easy target for regulating the chain. And people that pre-mined can dump the coin.

There is a solution for blockchains with a strong community.

Forking.

Hive is the first and best example that forking is a solution.

https://twitter.com/APompliano/status/1458946708054892545?s=20

Community Token Talk with @theycallmedan and @starkerz
Check out the CTT episode:
https://3speak.tv/watch?v=theycallmedan/pyikbzaz&jwsource=cl