Post
Topic
Board Altcoin Discussion
Re: [ANN] MemoryCoin 2.0 redistribution vote
by
taturii
on 29/12/2013, 18:51:54 UTC

53 coins going to each officer every 20 blocks is absurd.


Depends on what he/she/they do for the coin. Note that having 10,000 coins is irrelevant for the voting system since more than one million coins have already been issued and all of them can vote. In fact, I think that the CSO has been replaced recently that means that the community is selecting who takes the positions.

Now that the coin has reached a estable value I hope that more individuals/enterprises apply for the positions so we can see a constructive 'competition' to provide services to the coin: a professional on marketing who could attract media coverage, the charity position that isn't covered yet could reinforce the community-oriented basis of the coin...

Redistributing the coins of the positions without criteria would just devaluate the coin. This coin has a mechanism to make it grow and offer more services, so let's see what people can do to add value and support them.