Also, I'm in no way trashing BCH. I love BCH and it's still a large portion of my holdings. We made DVT because we knew BCH wouldn't or couldn't make the changes we envisioned. Plus
I think anyone who's paying attention to BCH can see there is a serious risk of yet another split. BCH will not survive if this keeps happening. DVT solves this with governance.
I kind of agree with emissions and so did the community. So they voted to change the reward peak to 6 months instead of 18 months. https://tinyurl.com/y2hqud49 vote ends in a day.
I really don't know much about mining, I did notice therewas a reward for not spending it, I feel like saving money should be encouraged more (like how the 1% on a savings account
doesn't keep up with inflation) but who is a reward for not spending Devault geared towards? If noone spends it what business will accept it? Is that for traders?
The idea isn't to discourage spending at all, just what we think is a better way to do reward distribution. It seems flawed to us for all rewards to go to miners, but we wanted pow sec
Also worth mentioning any funds designated to the DAO are locked behind multi signature wallets and the community budget is only spent on things that were voted on by the community
ColdRewards isn't our only advantage on BCH. We also have 2 min 32mb blocks (no 2mb softcap), LWMA difficulty algo (we handle hash variance much better than BCH) and community budgets.
Ways that we stand-out against BCH is first off we didn't have to carry over all of the legacy BTC bloat (a lot to explain there). We also have real governance beyond miners or devs