Post
Topic
Board Announcements (Altcoins)
[ANN] [2GIVE] / Total Coinbase Under Inflation Target / SNF Reconsiders Staking
by
TheLittleDuke
on 07/05/2019, 00:26:24 UTC
To date after nearly three years of continuous staking, 2GIVE has only achieved a 520M coinbase.

This is significantly below the design target of 550M

One of the unintended consequences has been a hoarding of coins at exchanges that do not stake the coinbase on behalf of its accounts.

Strength in Numbers Foundation (SNF) voluntarily ceased staking its wallets and began the slow migration of the bulk of its holdings to an offline trust wallet prefixed Give2SNF*

The board is reconsidering it's voluntary sequestration of the original GiveCoin* wallets putting coins onto the seed node networks to re-enable staking AND re-initiating it's coin-drop distribution method of bouncing coins around the seed node networks in order to smooth out the cadence of block production.

If SNF moves forward, the coin drop will be a combination of on-network and off-network paper-wallets to be left at random locations with maps to VaultLogic BTM's on them for redemption.

-dvd