Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
luchins
on 18/05/2020, 02:36:44 UTC
BTC<->ETH still lacks a good interop bridge
ERC tokens form a massive economy and provide an immediate solution for stablecoins

Hi thank you for  your answer  I'd have another question
I have red  this  on their  website


Treasury
The treasury is a cryptographically sealed public address that holds money allocated to it by the network
10% of the block rewards go to the treasury.
Used to fund any Stakenet related development, project, marketing campaign, et cetera…
No centralized entity owns or has access to the money in the treasury.
Funds proposals must be submitted and voted democratically by the Masternodes.
It is effectively owned by no one and everyone at the same time.


what is this Treasury?  Doesn't  seem weirc  that  there  is  this public address ''used to fund  any Stakenet activity? Could you einlight me on this?