STEEM distro

Well after much trolling through , I have come to the conclusion that i like the concept, and i have a feeling this has a massive future.
From what i can find, the distro was horrible though? with the developers ninja mining 80% of the coin in the first 4 weeks , use a difficult algo for anyone but very computer savvy people able to configure.

Can anyone fill me in on more details, of the launch and relaunch???