SaberhagenTheNameless on Nostr: I don't like Zano. It's at least 20% premine best case and potentially much higher ...
I don't like Zano. It's at least 20% premine best case and potentially much higher worst case, but we can't verify what the exact number is. We just have to take the word of the devs. Being partly PoS also makes the premine worse because in effect it is a dev tax further tilting the advantage to holders of that initial premine who can just use their premine to collect even more coins. It also doesn't have actual smart contracts. More like Bitcoin colored coins. The assets created are centralized to the creator and you have to trust them to distribute fairly.
Published at
2025-02-18 08:52:32Event JSON
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"content": "I don't like Zano. It's at least 20% premine best case and potentially much higher worst case, but we can't verify what the exact number is. We just have to take the word of the devs. Being partly PoS also makes the premine worse because in effect it is a dev tax further tilting the advantage to holders of that initial premine who can just use their premine to collect even more coins. It also doesn't have actual smart contracts. More like Bitcoin colored coins. The assets created are centralized to the creator and you have to trust them to distribute fairly.",
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