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Comment by tlrobinson

"The network has been initialized with a supply of 100 billion stellars. 5% will be used to fund operations of the nonprofit (its spending, including employee compensation, will be public), and the remaining 95% of the stellars will be distributed for free as quickly as we can manage."

IIRC Ripple's founders (including Jed) kept about 20% of XRP, and Ripple Labs kept about 25%, so only 5% is a lot better, but it's still a very centralized solution to distribution.

I do like that they're distributing 20% of the Stellars to BTC (and XRP) holders, though: https://www.stellar.org/about/mandate/#Bitcoin_program

parent tlrobinson 12 years ago

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