Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FIMKrypto: NXT spinoff 30s blocks, POW-like rewards, national income *FIMK
by
lovely89
on 09/07/2014, 07:26:30 UTC
Skewing toward small stakeholders don't work. We ran these rounds with Nxt before.
It would take me about 5 minutes to write a scrypt that can distribute my account into 10k chunks.

I seriously doubt any big stakeholder would waste time doing this.  If you really wanted to, then you could find a way to distribute to smaller stakeholders.

I was talking about skewed distribution in general, and why won't it work.
If we are still talking about the 10k rewards, I honestly don't care, and I don't even know why we are talking about it this much. It worth 0.03 BTC currently, less than 20 bucks.


lol. 20 bucks today can easily become 10,000 USD tomorrow in the crypto world.  Everyone knows this.

The only way to successfully distribute coins evenly to people is to have those people uniquely identified. Without a central authority, or without the mass cooperation of every single person involved, people will always be able to game the system. It's not even about effort, it's about ability. This makes any attempt to reward smaller stakeholders futile.