Post
Topic
Board Altcoin Discussion
Re: R0ACH is ENVIOUS of ETHEREUM and other innovators
by
iamnotback
on 25/06/2016, 22:05:12 UTC
Market determined pricing.

What kind of market? Perfect market?

I already described the parameters of the market:

1. Competitive, i.e. the price not set by the insiders.

2. Insiders can't via deception amass large proportion of the tokens.

I should add a third:

3. Does not require tying the mining to centralization indefinitely, e.g. Zcash's plan to have the miners pay 10% to its foundation indefinitely (does theirs decline to 1% tail, I've forgotten?).


Ah maybe this is becoming a thread jack. Apologies. The opportunity popped up to ask a question. I was just hoping to get some feedback.