Pre-mined $ADA tokens are dangerous for Cardano? Community shares its vision w/ Cardanians_io
According to this text, even Bitcoin , which was introduced 14 years ago, was not decentralized from the very beginning. The first mining rewards were controlled by a small group of enthusiasts.
At the same time, it was necessary to launch a new blockchain and keep it secure. Even nowadays, a monstrous amount of Bitcoins is still stored in a so-called"Satoshi wallet."Over 1.12 million Bitcoins are stored on this wallet; however, this does not expose the Bitcoin network or its mining ecosystem to a centralization threat.Not unlike with early Bitcoiners, initially, the ADA supply was controlled by three entities — IOHK , Emurgo and the Cardano Foundation.
Meanwhile, when Cardano migrated to a proof-of-stake consensus, such centralized distribution stopped affecting the current status of Cardano decentralization.
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