Re: [ANN] [POW] EPIC - Epic Private Internet Cash | MimbleWimble | Dandelion++
Indeed; this is essentially BitGrin (Grin + Bitcoin emission + mining tax) minus the Grin acknowledgement.
When asked earlier what distinguishes this project from BitGrin, they claimed it has no mining tax, which it now does.
When asked earlier what distinguishes this project from BitGrin, they claimed it has no mining tax, which it now does.
There are key differences between Epic and Grin/Bitgrin, and this difference will increase as we progress on development. And again, we do acknowledge Grin in our white paper and soon to go public GitHub.
The budget emission is 8.8% first year and reduces 1.1% every year until zero. This is relatively much more modest than some coins and will help ensure we can continue developing and promoting. The ultimate goal is to transition from using a foundation to a decentralized autonomous organization.
dump from tax scared some miners.
There's still the foundation reward ratio per year, pretty much a dev tax however you want to look at it.
2x ppl running the show should this flop guess who's gonna dump on ya all