Hmm... Had no idea that Ethereum was premined. According to…

Twetch · July 24, 2019

Hmm... Had no idea that Ethereum was premined. According to wikipedia 72million coins have been premined before it went live.

Can anyone share details on this? Feel weird that I didnt know this.

https://gyazo.com/5219a9ea0dd784a5dba391f1ee11bbe1

Replies

Twetch · July 24, 2019

Honestly surprised that I haven't heard this. Does anyone talk about this ?

I mean its a pretty lame start for a blockchain to have.

Twetch · August 25, 2019

The "premined" token was from their own ICO. Yes ETH funding came from ICO. And how much 1 ETH nowadays? More than $180. God please save the holders' soul.