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
Entirely for trading, but with such a large proportion of the block rewards going towards the organization, really it just amounts to a ponzi
I agree wholeheartedly on the inflation p
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
oint, I'd like to see saving incentivized by allowing users to lock up a portion of their coins though, similar to ETH staking
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.
