RE: Introducing Steem The First Anarchy Mined Coin

[bergy]

I think it basically means, while steem mining was open to other miners (Because it was open to other miners, it was not a pre-mine), Steemit, Inc mined 80% of the total steem mined in the first week. Which after that was distrubuted to the founders as Steem power. Steemit, inc then powered up almost all its steem. There was 20% remaining STEEM (liquid), which was mostly held by independant miners who mined in said first week.