Post
Topic
Board Announcements (Altcoins)
Re: NEM Official Thread - Beta is almost here[Updates & Discussion]
by
nottrulyevil
on 12/10/2014, 11:58:00 UTC
Regarding the unclaimed stskes, has anyone suggested a dutch auction with proof of burn? Or equal distribution of them to all holders of nem on a specific date and time.

These are the only two fair distributions imo.

Yes, those two options have been suggested but for various reasons been rejected. An equal distribution would create tons of problems (how to handle those who've sold on the NXT AE etc.) and the stake holders already have enough NEM (NEM need to be spread).

Burning the NEM is in my option still an acceptable solution but it has also been rejected.

Jyrvalor posted an imo great proposal (although not sure how, and if it should/can be implemented).

https://forum.nemcoin.com/index.php?topic=2501.msg6395#msg6395