Yesterday, 
@heimindanger/hive-power-distribution-may-2020
I will start by saying that I didn't double check his numbers and will use them as posted. These, evidently, were taken from steemitboard, so there is no reason to doubt them.
In the post, this statement was made:
Top 0.1% (272 accounts) currently control 67.1% of the total stake
We also have this:
Top 1% (2744 accounts) control 88% of the total stake.
The final parameter is that the accounts with less than 1 HP was eliminated from the discussion.
For this reason, I will also eliminate the smallest account holders for other tokens.
In the comments, this was issued. The idea is not to compare Hive to Steem, which has a worse distribution, but to the other cryptocurrencies. Unfortunately, the assertion that Hive is worse than them is not valid.
Let us take a look at how some other tokens break down.
There are 31, 341,620 wallets in total. Removing the smallest ones, gives us a total of 17,031,068.
16,071 wallets control 61.54% of the Bitcoin. This is a percentage of .09%.
153,779 wallets hold 85.82% of the Bitcoin, or .9%.
We have 6,342,324 wallets after the smallest accounts removed.
14,659 wallets control 72.09% of the BCash. This is a percentage of .23%.
126,091 wallets control 92.67 or 1.98% of the total.
Once again, after removal of the smaller accounts, we see 2,188,760 wallets.
4,041 wallets control 72.47% of the Litecoin, or .18%.
38,718 wallets control 86.37% or a total of 1.77%.
These numbers came from https://bitinfocharts.com.
12,768,494 wallets in total after smaller accounts removed.
7,572 of those wallets control 80.98% of the stake. This amounts to .06%.
44,623 wallets control 91.88% of the total or .34%.
This is the Source for these numbers.*
As we can see, according to Etherscan, the top 100 wallets control over 75% of the total EOS.
According to a post by @dalz, he put the total EOS wallets at roughly 1.9 million.
We will estimate that 1 million of them are smaller accounts, leaving us with 900K. Thus we get a percentage of .01% controlling 75.13%.
So what does this all tell us?
To me, it states that Hive stands up well in the token distribution compared to some of the other blockchains. Decentralization is not a point that is quickly achieved but a process. As time goes by, with a solid distribution plan, things spread out.
For more than two years, I followed the shifts in distribution on Steem. The same will be done on Hive. What took place is, because the reward pool, things changed over time. Smaller accounts, collectively, gained more power on a consistent basis. With Hive, there is a way for people to get their hands on tokens other than purchasing or mining them.
The difference between Hive and most of these other blockchains is Hive only started distributing tokens less than 4 years ago. Bitcoin is more than a decade old; Litecoin more than 8 years; BCash is a fork of BTC; Ethereum is 5 years old.
Only EOS is newer and that went through an ICO that was roughly a year long in an effort to achieve the best token distribution. We see how that worked out.
Hive is right there with all the major currencies. The difference is that there is a way for smaller accounts to keep getting more tokens, thus gaining more power as a collective unit.
The same cannot be said for the other blockchains.
If you found this article informative, please give an upvote and rehive.
Posted via Steemleo
