Dash is the biggest coin I can think of that does this. 10% of rewards go to the Dash treasury. Dash established the masternode crypto, other coins decended from Dash's codebase may have similar developer funds.
Topic: Cryptocurrency that takes fees from miners (Read 236 times)
Thank you so much guys. you are all amazing.
Imagine if a company that stands by high ethical standards devotes that percentage
for something serious that benefits only the community and the whole community can
see that the respective amount is used in such way 😏
Imagine if a company that stands by high ethical standards devotes that percentage
for something serious that benefits only the community and the whole community can
see that the respective amount is used in such way 😏
A portion of Zcash's block reward goes to the "founders". A portion of Dash's block rewards go to people chosen by the master nodes.
Generally altcoin developers control a large portion of the supply at the beggining, which serves as their reward for developing a coin, so there's no need for them to get additional coins by taking a cut from miner's rewards. And it would somewhat lower miner's incentives to participate in the network, which in turn would lower the network's overall security. But theoretically it can be implemented, and a few years ago there was a lot of altcoins that claimed to devote percentage of transaction fees to some cause, and that would require the same mechanism.
Is there a cryptocurrency where part of the mining reward (1% or 2%) goes to the parent organisation? If yes, which is the cryptocurrency?
I did my research and I could not find anything.
I also thought about cryptocurrencies where instead of the mining reward, part of the transaction fees are sent to the parent organisation. Still couldn't find anything.
Any help would be appreciated
I did my research and I could not find anything.
I also thought about cryptocurrencies where instead of the mining reward, part of the transaction fees are sent to the parent organisation. Still couldn't find anything.
Any help would be appreciated
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