> Q: You said that Freicoin is decentralized. But the Foundation makes it centralized!
> A: You are right. But we have no other solution. Initial coins should be distributed to the society.
No. There is a one-time issuance of currency to get the money out there. Of that, 20% goes to the miners over the next 3 years, and 80% is distributed through community-vetted grant and prize proposals.
Of the demurrage however, it is perpetually destroyed and recycled through the miners.
Comments
No. There is a one-time issuance of currency to get the money out there. Of that, 20% goes to the miners over the next 3 years, and 80% is distributed through community-vetted grant and prize proposals.
Of the demurrage however, it is perpetually destroyed and recycled through the miners.