Quote from: ossamerai on January 03, 2019, 12:49:53 PM

Rui Guo has recently posted about Ultrain's economic detail. Read about it on Medium and leave your comments and applause!

A great article by Ultrain. I like Gup's quote on "the most important aspect of a projects success is often its economic design. A reasonable and logical model can preserve the overall security of a blockchain through economic incentives." In fact, it synchronizes with my own understanding. I think that token and incentives are heart and soul of blockhain.

DON'T GET ME WRONG, the actual technology implementation and achievement are extremely important as well, but getting the communities, and in this case, the miners on board are crucial for Ultrian's success! as those miners are the one providing services. I believe they can achieve the so called "win win situation". I mean 80% of the rev are going back to the miners!

This looks pretty solid to me Ultrain, attaboy! Cool