An article about Bitcoin lead me to realize the size of Ethereum pre-mine:
$ sh bitquery.io.sh curl is /usr/bin/curl jq is /usr/bin/jq Timestamp: 1634454372 total=122652324.73919818 premine=72009990.49947998 premine/total = 58.71000%
1634454372 stands for:
$ date -ud "@1634454372" Sun Oct 17 07:06:12 UTC 2021
So even today more than 50% of all ETH that exists was pre-mined out of thin air.
- Proof of Stake - Ethereum 2.0 is about to switch to PoS
- The Problem with Ethereum