Comment on Show HN: My experimental take on a decentralized ledgerComments−col_rad10yCool. I really liked the idea of Stellar, but I just cant get over the premined coin distribution. Nice to have a truly decentralized alternative!−oafitupa10yWhat do you like about Stellar? It's not decentralized at all. Being premined is just the icing on the cake.−col_rad10yStellar is indeed decentralized but not distributed [1]. What I like about Stellar is the concept of gateways and trust. It adds a whole new dimension for transactions.[1] http://web.cs.ucla.edu/classes/cs217/Baran64.pdf
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Cool. I really liked the idea of Stellar, but I just cant get over the premined coin distribution. Nice to have a truly decentralized alternative!
What do you like about Stellar? It's not decentralized at all. Being premined is just the icing on the cake.
Stellar is indeed decentralized but not distributed [1]. What I like about Stellar is the concept of gateways and trust. It adds a whole new dimension for transactions.
[1] http://web.cs.ucla.edu/classes/cs217/Baran64.pdf