Quote from: safar1980 on May 07, 2023, 01:13:28 PM

Quote from: CryptoGrizzly on May 07, 2023, 01:01:04 PM

Quote from: chup on May 07, 2023, 06:06:30 AM

Quote from: FP91G on May 03, 2023, 12:45:16 PM

The initial block reward is 2000 GPN coins, of which the miner receives 51% for keeping the chain secure. The block reward decreases by 1% every month due to our custom halving algorithm. Mining is a great way to support the Gamepass Network and earn GPN coins while doing so.[/i]

Read: Mining is a great way to fulfill someone's greedy dreams with rest 49% of the block reward.

This is crazy for sure.

This is a big commission. 10-20% on the team's budget and project development looks good if the project does not have funding. When almost half of the coins are taken from miners, the interest of miners in such a coin quickly disappears.

It's not 10-20% for them.

They have a PoG system right now on Dota2 it seems. From the whitepaper:

"Network
The Gamepass Network runs on its own cryptocurrency called the GPN coin (GPN). GPN is a
proof-of-work coin that uses the KawPow algorithm to protect against ASIC miners. GPN has a
total supply of 8.75 billion coins, which are distributed as follows:
- 51% to miners who protect the network by generating blocks;
- 41% to gamers who play games on the Gamepass Network;
- 8% to developers who maintain and improve the Gamepass Network.
GPN has a unique halving algorithm that reduces the block reward by 1% each month.
In this whitepaper, we will describe in more detail the features, architecture, roadmap, team,
legal aspects, and risks of the Gamepass Network."

crsminer

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