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Topic: Zcash Minus 20% "Genius Tax" - page 2. (Read 2124 times)

member
Activity: 122
Merit: 10
October 30, 2016, 01:51:24 PM
#3
It could easily be removed, and then negotiated up.
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
October 30, 2016, 01:50:30 PM
#2
20% is ridiculous.

I don't think it should be removed though, but reduced to something like 0.5%
member
Activity: 122
Merit: 10
October 30, 2016, 01:37:55 PM
#1
Suprnova Mining Pools controls over 51% of the mining power on Zcash.

It is trivial to remove the 20% Founders Reward in Zcash with a hardfork, as I describe here.: https://medium.com/@heyrhett/zcash-miners-stop-paying-20-genius-tax-486d9f40884f

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