guys”) thought it prudent to postpone the crowdsale until they could be sure it would not run afoul of SEC regulations regarding the sale of securities.

Mathias Grønnebæk,

idealistic: no hierarchy, no special founders group, no pre-mine, just release the client, make it an open community project, be noble like Satoshi, and not guarantee anyone “equity” in the form of coins.

Joseph Lubin,

By not pre-mining any ether (the name given to Ethereum’s coin), the cofounders would give everyone, including themselves, an equal chance to mine it. It was the most selfless way to launch a new coin, akin to self-funding a start-up without granting oneself equity.

the inflation rate is precisely controlled in code, and it is impossible for anyone to force a different inflation rate into existence.”

advisors. The only founders he saw as indispensable and legitimately deserving of the title were the developers: Vitalik, Jeff, and himself.

it combined his interests in social and political theory, math and science, open-source software and programming.

Swiss Stiftung