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Author Topic: What is the 'fairest' way to distribute a currency?  (Read 2381 times)
OrientA
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September 17, 2014, 09:26:18 AM
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PoW mining plus slow emission such as half every 10 years. A small percentage of mined coins is paid to developers.
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September 17, 2014, 10:12:00 AM
 #22

PoW mining plus slow emission such as half every 10 years. A small percentage of mined coins is paid to developers.

I assume you are a miner then?
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September 17, 2014, 10:23:00 AM
 #23

fairest distribution is the good old long term mining schedule.

And that, my friends, would be Myriadcoin. No other coin features a more fair distribution through mining. But looking at how unpopular Myriadcoin is one cannot help but conclude that nobody is actually interested in fair distribution. Hence, all these thousand threads on fairness are completely pointless.


Good Points.

The Crypto holders of today have the advantage over future adopters of tomorrow. However there are always going to be new Altcoins and crypto assets which future entrants will mine/buy/support. In a sense this is the fairest thing. Everyone wants to buy a coin at its cheapest point, no one wants a currency whose price is spiking, that's why distribution is really dispersed across all the different currencies with each person holding some and not others.

As well as this a coin whose dev team and supporters put in time and effort deserve reward for that work, so when buying into a successful coin you are paying for that effort that has been put in, making the coin what it is. That's fair to.
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September 17, 2014, 10:28:36 AM
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PoW mining plus slow emission such as half every 10 years. A small percentage of mined coins is paid to developers.

I assume you are a miner then?

Yup.
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