j"19HxigV4QyBv3tHpQVcUEQyq1pzZVdoAutMåCLARITY Act: Clear Criteria for When a Blockchain-Based Digital Asset Is a Commodity (CFTC) Versus a Security (SEC).
MATURE BLOCKCHAIN
1. Fully functional and operational: Blockchain is live and serves its intended purpose.
2. Open-source and accessible: All source code is public before and after launch.
3. Pre-established, transparent, public rules: Core protocol rules are set and disclosed at launch, not subject to unilateral change (e.g., switching PoW to PoS, or removing digital signatures, would violate this).
4. No person/group holds 20%+ of tokens or governance: No person or group under common control may own or control 20% or more. This element directly bans premining and keeping tokens for yourself to front-run or dump on later users.
5. Value comes from blockchain operation, not promotion: Token value is mainly from network use, not founder hype.
6. No group is restricted, privileged, or disadvantaged: The system cannot give advantages or barriers to specific user groups.
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https://whatsonchain.com/tx/7ba6d5f33f4ae3ef0994cf4204bc8bf9b9ee656858d04d104f70fe77bdb84da4