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Author Topic: crypto currency distribution?  (Read 1078 times)
avatar_kiyoshi (OP)
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January 26, 2015, 05:53:35 PM
 #1

Hi all.
I want to know how bitcoin distribution?
And alt coin too. The distribution is the same as bitcoin distribution?
SirChiko
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January 26, 2015, 07:04:44 PM
 #2

Hi all.
I want to know how bitcoin distribution?
And alt coin too. The distribution is the same as bitcoin distribution?
Every altcoin has different form of distribution but most of them are starting with PoW.

The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes.  This is not paid AD!

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erre
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January 26, 2015, 07:07:02 PM
 #3

Basically, this world is fucking rigged, and we need blood on the streets to significantly re-distribute wealth, crypto won't do the work.

But you probably can buy a bunch of lottocoins and be in the top 1% lottocoin owners, if u want.

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sethminer14
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January 26, 2015, 07:52:09 PM
 #4

Each coin has different distributions. Some are equally distributed throughout users, other you gain by mining (i.e. Bitcoin).

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pooya87
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January 27, 2015, 05:01:07 AM
 #5

Hi all.
I want to know how bitcoin distribution?
And alt coin too. The distribution is the same as bitcoin distribution?
there you go : https://chainz.cryptoid.info/drk/#!rich
here you can see some of the altcoins out there and in "rich" tab you can see how it is distributed, richest address and the chart

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R2D221
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January 27, 2015, 06:45:07 AM
 #6

Some are equally distributed throughout users

How does this even work?

An economy based on endless growth is unsustainable.
gkv9
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January 27, 2015, 06:54:01 AM
 #7

Every alt is different with different specs and numbers, so why to compare them with Bitcoins, which is the highest traded crypto in terms of Volume? I don't think distribution is a good word for BTC nowadays, as it's very hard to get it through mining too, you need a very good investment in order for a good ROI, which also depends on difficulty and price, and for alts, you can check their threads out here, or Google'em up...

SirChiko
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January 27, 2015, 07:30:19 AM
 #8

Some are equally distributed throughout users

How does this even work?
Again, every altcoin uses different method of doing it. Some of them let you register on their site and it gives you out pre-set ammount of coins etc.

The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes.  This is not paid AD!

▀Check it out yourself▀
el kaka22
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January 27, 2015, 09:30:15 AM
 #9

i dont undesrtand about that but my friends told me >> yes,  some altcoins have the same distribution with bitcoin  Grin haha

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SirChiko
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January 27, 2015, 09:44:13 AM
 #10

i dont undesrtand about that but my friends told me >> yes,  some altcoins have the same distribution with bitcoin  Grin haha
Some of them yes, they are distributed by solving blocks (mining) look it up.

The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes.  This is not paid AD!

▀Check it out yourself▀
Amph
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January 27, 2015, 10:05:56 AM
 #11

distribution is really bad for btc right now , maybe some altcoin have a better distribution, due to the fact that most of them are given at launch
R2D221
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January 27, 2015, 01:26:52 PM
 #12

Some are equally distributed throughout users

How does this even work?
Again, every altcoin uses different method of doing it. Some of them let you register on their site and it gives you out pre-set ammount of coins etc.

I mean, how can this logically work? How do you determine who is “everyone” so you can distribute money equally? People are being constantly born every minute. Do they already get their amount, without even knowing it? How can you prove that nobody tries to claim another person's amount?

An economy based on endless growth is unsustainable.
avatar_kiyoshi (OP)
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January 27, 2015, 02:24:55 PM
 #13

Thank you all for your reply Smiley
So, btc distribution is by mining right? But how it works? i mean how the procedure mining block and get some distribution coin?

What the meaning of PoW distribution Huh
DannyHamilton
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January 28, 2015, 05:35:48 AM
 #14

- snip -
mining right? But how it works? i mean how the procedure mining block and get some distribution coin?

What the meaning of PoW distribution Huh

Here you go:

https://bitcoin.org/bitcoin.pdf
calfries
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January 28, 2015, 08:53:24 AM
 #15

How could Bitcoin help in the redistribution of wealth if you need wealth to buy into Bitcoin in the first place?
jaberwock
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January 28, 2015, 09:44:17 AM
 #16

read the bitcoin faq in the bitcoin.org site

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