Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!
by
d5000
on 25/07/2014, 11:52:31 UTC
I've started a thread in the Slimcoin subreddit about the economic implications of Proof-of-burn, particularly price stability. Everyone is invited to share his/her opinion  Cool

http://www.reddit.com/r/slimcoin/comments/2bl751/can_proof_of_burn_lead_to_longterm_price_stability/

  Slimcoin is not a POB only coin. In addition in slimcoin; POB is dependent of POW that makes Slimcoin definitively not a reference for the Proof-of-burn concept.

That's true, but the price-stabilizing effects of PoB (my hypothesis) should apply to Slimcoin, as there is a significant variation of coin circulation / supply due to PoB (as of now, about 1/3 of all available coins are burnt after only 2 months).