Post
Topic
Board Project Development
Re: [ANN] B&C Exchange - A decentralized exchange paying BTC dividends
by
hozer
on 11/04/2016, 05:02:03 UTC
  • How are you planning to take into consideration and defend the B&C user interests Vs BKS shareholders & signers?
B&C user interests are of paramount interest for BKS holders. It's the users that consume BKC, which are required to pay fees and get destroyed by that. Destroying BKC means new BKC can get sold. That generates revenue (BTC), which BKS holders want to achieve (BTC will be distributed as dividends to BKS holders).
Signers are a kind of contract workers, hired by BKS holders.
If they don't behave, they'll get removed and replaced.


Very interesting.

What options are there to distribute dividends with other currencies (say maybe Nubits or something like Grantcoin) while still retaining the network effects? Or will this require a fork, with all the associated dilution.

There also seems to be a risk of financial engineering a 'short' outside the BKS/BKC/etc system in which it becomes profitable to acquire, and then vote against the self-interest of the acquired crypto asset. It is either this, or a lack of patience that seems to be resulting in the long time it's taking to get enough clients upgraded (and voting for) the 4.0 protocol.