5 ms·
Demurrage's value is equal to miners' reward. This greatly limits Freicoin to not set a too high percentage. Imagine 50% of the existing money reserve going int
by Giszmo 14y ago
Demurrage's value is equal to miners' reward. This greatly limits Freicoin to not set a too high percentage. Imagine 50% of the existing money reserve going into bookkeeping of Freicoin transactions. To put 5% into perspective consider exchange rate changes between well established currencies. 5% per year is nothing.