Quote from: Protus on August 31, 2018, 09:08:27 AM

Quote from: berron on August 31, 2018, 08:38:36 AM

Hi Protus,

Don't you think that this new reward distribution is going to totally dilute the investment of the initial investors? I don't mind to lose some money if it's dedicated to fuck SGAE, but I think it's fair to the investors to make some comments about that point.

Salute

Ah, and another thing, please, make a desktop wallet, some people (like me) prefer to have their private keys in their computer and not share it through internet.

Hi!
I do not understand how this distribution could adversely affect investors. On the contrary, this new distribution favors investors for multiple reasons. Mainly because of the shortage of currency and then the coin is actually distributed as a reward between the people who generate value in the system and these are the authors and curators.

The blockchain of CREA 2.0 presents a more sustainable and controlled currency issue based on real-time inflation over the total currency issued at that time. At the same time, the reward is distributed to a greater or lesser extent to each and every one of the users of the network. Therefore, the currency will increase its distribution level since it is distributed to a greater number of people, converting all the users of the social network into CREA shareholders.

When going from version 1.0 to 2.0, it will go from issuing 18000 CREA per day to 3616 CREA per day. This will radically increase the shortage and difficulty of getting the cryptocurrency.

Undoubtedly, the new currency issuance system will bring more value to all the parties that make up the CREA ecosystem. Wink

With the new system in 20 years, some 42 million CREA will have been issued, while with the 1.0 system in 20 years there would have been about 75 million CREA (+ 70% more).
To reach the maximum supply of the currency of 115 million coins had to spend about 120 years and now to reach 115 million will take more or less the same.

Please, check this article: https://www.creativechain.org/distribution-and-supply-of-cryptocurrency-in-crea-2-0

All keys will be encrypted with a password of 32 characters and numbers.

Ok, thanks for the info, I was not aware of the change in coin supply per block in the new version, I tought there will be the original fibbonacci from 1.0 plus the DPOS stake, sorry.

On the other hand, I continue preferring to have my own encrypted wallet, but well, CREA is not the first coin to work this mode, that's true.

Salute