Post
Topic
Board Announcements (Altcoins)
Re: Energi [NRG] Cryptocurrency for World Adoption | PoS | MN | No-ICO or Premine |
by
bhunter1976
on 30/04/2020, 18:13:02 UTC
While I don't like the aggressive tone of the above post, this needs to be addressed.

Can anyone (on the team) confirm or explain these accusations?

It would be quite an issue if what he/she is saying is true.

It has been posted a few times in this thread and shared on our other platforms when it was published originally, but I'll post the link and a brief explanation again.

The EBI team identifies threats and only threats to the community/network are blacklisted and THEN masternodes decide three options listed in the article.
Once the voting deadline passes, there’s a final vote to decide what to do with the frozen funds. There are a few options:
A) Freeze for a more extended period.
B) Drain the wallet and return the NRG to their rightful owner(s), i.e. a victim in a case of a hack or to an exchange.
C) Revoke, which lifts the blacklist and unfreezes the coins.

https://medium.com/energi/how-were-putting-security-at-the-heart-of-energi-6c6dd463a818