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RE: Is Koinos a decentralized blockchain?

in #koinos2 years ago

There was a lot of competition between a few miners, not only 1. And this big competition made it unprofitable for normal users to mine. However, from day 0 the token was listed on Uniswap and everyone had the opportunity to buy there at a good price because many miners sold. In any case, it would be interesting to do an in-depth analysis of this entire process in the future.

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There was a lot of competition between a few miners, not only 1

I was there during the initial mine and watched the wallets, Pooh got a majority of the tokens by a landslide. Rumors were they had GPU mining, and they were part of the team. When I asked them directly, I got a very evasive answer about it.

Poo team mined until they reached 1 million koin, and after that they stopped. Specifically, they stopped on 2020/10/26. Putting this in perspective, they mined during 13 days, that's all. But we remember them a lot because they were the first ones to monopolize the mining. After this, other big miners came.

I still keep their final message and proof (and they said they didn't use GPU):

Poo bear love Koin
Poo bear now stop mining
292Team is 1%
1M Koin
No dump - Hold On Dear Koin

No GPU: CPU x 40 x 83 MHs

Mining: https://imgur.com/a/Ru4doWT
Cost: https://imgur.com/a/l5bZ5Ll

Now we wait for Koin team

Proof Signed: 
{
  "address": "0x292d36a9f456996618e5d96200ff804ecb915370",
  "msg": "Poo bear stop mining now. 1% = mine",
  "sig": "0xb9a425021771755e4a81709ed492f7245a97dce57a0d022fa954ee7cb75cce863e1c7d64e6311e5d2855a4b457744d97a7e125deae2c7e049279de154a0363711b",
  "version": "3",
  "signer": "MEW"
}