I have a few more questions for a Snip representative:
1. Since there is no mining of coins, how are you encouraging people to put nodes on the network?
2. How are you decentralizing the public ledger?
3. How are you decentralizing the IPFS nodes? Are they all owned and controlled by Snip company?
1. Since there is no mining of coins, how are you encouraging people to put nodes on the network?
2. How are you decentralizing the public ledger?
3. How are you decentralizing the IPFS nodes? Are they all owned and controlled by Snip company?
1. SnipCoin is an ERC20 token. We don't have our own blockchain. We of course encourage people to put notes on Ethereum network...
2. What public ledger?
3. We will use the existing IPFS nodes, and hopefully will add some of our to the network. The IPFS is decentralized and not controlled by Snip
Thanks very much for the quick reply!