Post
Topic
Board Announcements (Altcoins)
Re: [ANN]🚀🚀🚀Merit🚀🚀🚀[Proof-of-Growth][PoW][Vaults][Aliases][Escrow][No ICO]
by
xaker74
on 07/09/2018, 23:22:27 UTC

This was the crucial point for me to get over my early skepticism.  Maybe I'm crazy, but I think the Merit team should stress this idea more on the website.  (I had to spend a lot of time figuring this out.)


Yes, it is hidden in the FAQ section (https://www.merit.me/faq/#how-is-merit-not-a-ponzi-scheme--how-does-it-relate-to-mlm-businesses). Agreed that this is a point that needs emphasis.
Agree with you both on this one.  I think I didn't even fully understand this until now.

The important part here is that the amount of MRT in each block reward is fixed.  (Just like bitcoin or something else.)  So, growing the network does not grow how much MRT is generated in each block.  It just grows your chances of receiving some of it.

I think this should be in much more emphasis on the website.