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The pay outs are in Stacks (STX) tokens. Only the pilot phase was in USD/BTC which came from a developer growth/marketing budget that Blockstack PBC funded. Se
by muneeb 7y ago
The pay outs are in Stacks (STX) tokens. Only the pilot phase was in USD/BTC which came from a developer growth/marketing budget that Blockstack PBC funded.
See this post for details: https://blog.blockstack.org/app-mining-plans-to-pay-blockstack-developers-1000000-in-stx-per-month/ https://blog.blockstack.org/app-mining-plans-to-pay-blocksta...
Newly minted tokens as incentives have been in use since Bitcoin started 10+ years ago. We are using that concept for developer incentives.