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by col_rad 3926 days ago
Cool. I really liked the idea of Stellar, but I just cant get over the premined coin distribution. Nice to have a truly decentralized alternative!
1 comments

What do you like about Stellar? It's not decentralized at all. Being premined is just the icing on the cake.
Stellar is indeed decentralized but not distributed [1]. What I like about Stellar is the concept of gateways and trust. It adds a whole new dimension for transactions.

[1] http://web.cs.ucla.edu/classes/cs217/Baran64.pdf