Post
Topic
Board Announcements (Altcoins)
Re: Bubble is coming... are you ready?
by
MickGhee
on 01/09/2024, 17:05:49 UTC
im not sure what you are asking.  my comments are intended to describe the technical limitations of a p2p stream.   what im describing is how the (data) swarm would work around the stream.   there is no monetary reward for the stream other than the revenue generated through likes and follows earned during the broadcast  or as a post on the network.

the reward scheme is as always POW  mining, we just added a compression round  (second reward) for mining the smallest block size as well as the hash difficulty reward,  so there is a mining reward, a compression reward, and a third smaller random reward given to a random post made during the block round.  but all posts can be liked by a viewer, which is like a way of supporting content creators, and follows also are paid by the "follower" to the creator.

this money generated through likes and follows is "taxed" and the TAX gets "burned"  as a way to control inflation. this is how we regulate the economy.

so

miners and "huffers" (compression) and random content creators  " mine" the coins into existence

they support the creators

the tax is burned

the burn is recycled

the mners mine new coins

this should theoretically give us a supply which both infinitely produces new coin at the bottom and also remains  a limited supply that dosen't grow  beyond the cap ... in theory anyway