Amanda Johnson news
PR Decentralized: How Dash Succeeded in DAO-Powered Public Outreach
Bitcoin and many other cryptocurrencies functioning off Blockchain distributed ledger technology operate in an open-source environment without centralized ownership or command structure. Under this model, only miners, those who mint new coins and process network transactions, receive funding directly from the cryptocurrency itself in the form of the block reward, or all new coins created. Dash, a cryptocurrency emphasizing mass adoption and usability, breaks from this model by offering only 45 percent of the block reward to miners and reserving 10 percent of new coins minted to fund development and other projects. Community projects Reddit user Tigerix, when contrasting the …
Decentralization / March 7, 2017