Post
Topic
Board Beginners & Help
Re: Where are the merits getting generated from?
by
UmerIdrees
on 27/07/2019, 09:23:55 UTC
I landed up in the below link of Bitcoin talk:
https://bitcointalk.org/index.php?action=merit;stats=sources

Where it is stated that:
Quote
Merit sources
There are 131 merit sources with a total merit generation of up to 21045 sMerit per 30 days

I was wanting to know these 21045 merits getting generated every 30days how are they generated? Is their generation something interesting like the generation of bitcoin? Like rate at which they are generated and their generation is halved or doubled after certain time?

Where are these generated merits go? Like the mined BTC are in Coinbase transaction and is go's to the miner.

sMerit is not a token and it is not generated by any algo or mining.  Cheesy 
Theymos can grant any amount of smerit to merit sources and all this is centralized.