kaal:claim:3441904-022

Token concentration in existing decentralized protocols is extreme: on and around September 12, 2017, 4.11 percent of bitcoin addresses controlled 96.53 percent of the total bitcoin supply.

Source quote, verbatim

For instance, on and around September 12, 2017, 4.11% of the bitcoin addresses controlled 96.53% of the total bitcoin supply.

From

Wulf A. Kaal, Blockchain-Based Corporate Governance (2019), III.4 Lacking On-Chain Voting Mechanism, p. 19
https://ssrn.com/abstract=3441904 · source PDF

Cite as

Wulf A. Kaal, Blockchain-Based Corporate Governance (2019). SSRN: https://ssrn.com/abstract=3441904

Holds when

bitcoin addresses as of September 2017

Classification

empiricalsupport: evidencedtokenomicsgovernance-design

Verify

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