Post
Topic
Board Announcements (Altcoins)
Re: [NLG] The even greater Gulden thread!
by
Protwoco
on 04/04/2021, 09:28:04 UTC
You should have a look at syscoin if you like Gulden. In 2019 they reduced their block reward and added a 5% reward reduction annually.
Master nodes get 75% of the reward and miners 25%. They have a governance system where longer term masternodes get rewarded more.

I sold my Gulden for syscoin in 2020 and the coin has performed well in comparison. Gulden is still a good coin but without a reward reduction in the future after the devs increased the rewards by 80%, it left me hesitant to continue on and so far it looks like I made a good decision.

How does a decentralized coin like syscoin raise dev funding for all that development? I can understand how tokens do it but how do those developers make money.