Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Netnode [NND] Mineable New consensus Algorithm - No Premine!
by
Netnodeio
on 27/01/2019, 04:56:02 UTC
Missed the point.It turns out that the coins are not needed or what?I'm talking about node.
Or need?I've never seen anything so ask-we will follow the development.
The coins are used as a high liquidity base "currency" for the network. After all coins are mined a burn rate will take effect although that will not be for a long time. The NND coin is also used to support those who operate nodes. Relatively speaking there could be a high emission rate with a high number of nodes on the network. This incentivizes the network to scale alongside transactions.