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Leicester

๐Ÿ‘ค Speaker
1280 total appearances
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Appearances Over Time

Podcast Appearances

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Allegedly Showing 100 Billion More Coins After Opening Deposits (OOC)

We saw neither of those.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Allegedly Showing 100 Billion More Coins After Opening Deposits (OOC)

They've been scrubbed off the site.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Allegedly Showing 100 Billion More Coins After Opening Deposits (OOC)

Speaking of what else has been scrubbed off the site, Joshua Sack, who was previously allegedly in charge of the miners, is no longer there.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Allegedly Showing 100 Billion More Coins After Opening Deposits (OOC)

No longer a block dag.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Allegedly Showing 100 Billion More Coins After Opening Deposits (OOC)

It's now just CEO and Jeremy.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Allegedly Showing 100 Billion More Coins After Opening Deposits (OOC)

Okay, I'm not even going to talk about those two.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Allegedly Showing 100 Billion More Coins After Opening Deposits (OOC)

It's not worth it.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Allegedly Showing 100 Billion More Coins After Opening Deposits (OOC)

But something else was brought to my attention.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Allegedly Showing 100 Billion More Coins After Opening Deposits (OOC)

If you look on the main page, they've changed all the different wallet addresses, which are supposed to be the breakout of all the tokenomics, how the tokens are distributed.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Allegedly Showing 100 Billion More Coins After Opening Deposits (OOC)

They now have gotten rid of any mention of minor rewards.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Allegedly Showing 100 Billion More Coins After Opening Deposits (OOC)

Remember, you were supposed to get minors like last year.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Allegedly Showing 100 Billion More Coins After Opening Deposits (OOC)

There's no longer mention of minor rewards, only staking rewards.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Allegedly Showing 100 Billion More Coins After Opening Deposits (OOC)

Why?

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Allegedly Showing 100 Billion More Coins After Opening Deposits (OOC)

Because you only have a layer one chain.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Allegedly Showing 100 Billion More Coins After Opening Deposits (OOC)

That's essentially a copy of Ethereum and or one of the other layer ones.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Allegedly Showing 100 Billion More Coins After Opening Deposits (OOC)

It's a regular Ethereum chain.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Allegedly Showing 100 Billion More Coins After Opening Deposits (OOC)

That's proof of stake.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Allegedly Showing 100 Billion More Coins After Opening Deposits (OOC)

That's why you can stake in a proof of stake.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Allegedly Showing 100 Billion More Coins After Opening Deposits (OOC)

There'll be no mining.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Allegedly Showing 100 Billion More Coins After Opening Deposits (OOC)

So I'm just simply saying they have gotten rid of any mention of minor rewards on that list.