Re: [ANN][ZEN] ZenCash: Private, Secure, Resilient CryptoCurrency with zk-SNARKs
IMHO 42 ZEN is too low entry level for a Service Node. Whales would be able to manipulate the whole network..
Make it at least 100 ZEN and a reward ratio miners/nodes/governance at 65%/25%/10%
Nodes are important and they should be well paid.
Make it at least 100 ZEN and a reward ratio miners/nodes/governance at 65%/25%/10%
Nodes are important and they should be well paid.
I disagree. The whole point of the low barrier to entry is to have enough independent nodes..
Wrong.
The count of the nodes doesn't depends on the entry level but on the expected annual income. I doubt there will be many at 3.5% block reward.
The different entry level attracts different type of investors - newbies or pros, smart or not, rich or not, long term or not, etc.
100 ZEN entry will attract more smart, responsible long term investors, and more important, it will lock more ZENs at nodes so there will be less free ZENs at the exchanges. Higher demand at lower supply - you know where the price goes..
Hello, newbie here.
If i set up a secure node with 100 Zen, can you estimate how much will be the reward?
Thank you.