šŸ“¢70% of ETH Supply Distributed During Pre-Mine!

šŸ” Insider Lane Rettig Unearths Controversial Insights on Ethereum's ICO

In a surprising turn of events, former Ethereum core developer Lane Rettig has ignited a storm within the crypto community with allegations that a staggering 70% of Ethereum's total supply was distributed during the pre-mine phase. Rettig, who recently made these claims in a widely circulated video, highlighted that the distribution percentage had somewhat decreased to around 60%.

šŸ’” Key Revelations:


Rettig stressed the lack of clarity surrounding the identity of the largest ETH holders, aside from Ethereum co-founder Vitalik Buterin. He mentioned the existence of a very small group of individuals who remain anonymous but hold substantial amounts of ETH, hinting at potential concerns about centralization.

šŸŽ­ Identity Mystery of ETH's Biggest Holders:


Addressing the secrecy surrounding major ETH holders, Rettig emphasized that, apart from Vitalik Buterin, the identity of other significant holders remains shrouded in mystery. He shared rumors suggesting that a select few, possibly one or two individuals, accumulated significant portions of pre-mined ETH while maintaining pseudonymous profiles.

🌐 Transparency Concerns in ETH's ICO:


Last year, a video surfaced featuring Ethereum co-founder Joseph Lubin advising early investors to create multiple pseudonymous identities during the ETH ICO to avoid causing panic among the public.

šŸ›‘ Rettig's Departure from Ethereum Foundation:


Expressing discontent with the events surrounding the ETH pre-mine, Rettig disclosed that his departure from the Ethereum Foundation was prompted by his realization that he was "pumping Joe Lubin’s bag."

šŸ”— For more exclusive insights and updates on cryptocurrency controversies, follow The Blockopedia. Stay informed!


#ethupdates #EthereumWhales #crypto #cryptocurrency #crypto2023