Proof of Fair Launch
A checklist for honest chain launches
I've been around this space long enough to be tired of one thing: almost every project says "fair launch", and almost every time, the catch is sitting right next to it.
Sometimes it's a presale. Sometimes 10% "for the team". Sometimes a per-block dev fee, an admin mint key, a "liquidity" reserve, or a quiet head start before anyone outside the inner circle was even watching. "No premine" goes in the headline; the real story is two lines down. Every time I went digging, there it was.
I'm not naming anyone. If you've been here a while, you already have your own list.
So instead of just complaining, here's a standard you can actually check, in public, before mining begins:
- No premine, no reserved allocation - any size
- No presale, private sale, or pre-chain IOU / market
- No dev / team / foundation allocation
- No block reward tax and no treasury - not even a "transparent" one
- No admin mint or supply-control key
- No hidden mining; mining starts in public from block zero
- Every component open source; source, binaries, checksums, genesis and launch time public before mining starts
- Consensus changes only at a future, announced height - never retroactive
Fair does not mean equal outcomes.It means equal access and equal rules, with nothing reserved for insiders. Being early (low difficulty, paying attention, your own hardware) is a legitimate, reproducible advantage; anyone could have done the same. A private allocation or a secret head start is not, and never was.
Why post this, and not a coinHonestly: this is hosted on the site of a chain I'm building, so I'm not pretending to be neutral; of course I have a stake in it. I'd rather say that openly than hide it.
But it isn't only about my project, and I'm not here to sell anything (there's no token, sale or mainnet yet anyway). I'm posting the checklist because I'm tired of how this scene tends to work, and I want it to get fairer and more decentralized, with more projects actually doing this. Mine is one attempt at a first step; I'd be glad to see others take it further.
