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What 'event' is your thread referring to? Some alt-coin that pre-mined lots of coins?
This might not be such a bad idea.
"Stake" is a powerful motivating force for benevolence. But if you don't own a significant chunk of the money, what's keeping you honest?
This might not be such a bad idea.
"Stake" is a powerful motivating force for benevolence. But if you don't own a significant chunk of the money, what's keeping you honest?
It doesn't matter what coin I'm talking about. If it applies, it applies.
Stake is not a bad thing. There's nothing wrong with the dev mining as soon as the client is posted on github. When in the code you give certain address advantages, then you have a problem.
