Adilado 18 Posted July 26, 2017 Share Posted July 26, 2017 6 minutes ago, fedde said: Just to add a sidenote here. Foundation does not recive any more funds, so they are locked there for now. Only thing that makes it slowly move from foundation addresses to circluating coins (usable coins trough minings) is the demurrage, so already the foundation coins supply about 72% of the demurrage while the rest is from user addresses. Blocks are now @95.36743164 and it will stay that way forever as it's the demurrage of the 100mill coins. Sounds good BUT this need to be a proper lock on the blockchain. Not just "locked" until moved. So its very good that the demurrage is largely paid by foundation. Now we timelock those funds forever and demurrage gets drawn from there and nowhere else. fedde 1 Link to post Share on other sites
Rik8119 242 Posted July 26, 2017 Author Share Posted July 26, 2017 2 hours ago, Adilado said: Sounds good BUT this need to be a proper lock on the blockchain. Not just "locked" until moved. So its very good that the demurrage is largely paid by foundation. Now we timelock those funds forever and demurrage gets drawn from there and nowhere else. That was my vote too.. We have to wait what @jtimon says about it. Adilado 1 Link to post Share on other sites
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