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.

šŸŒ 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 Lubinā€™s bag."

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