Leister
๐ค SpeakerAppearances Over Time
Podcast Appearances
When you need coins in circulation, they are minted.
Okay.
So once the chain is established, you mint the coins or yeah, you meant the coins.
You do not mind them.
You meant them once they're made available and in circulation, they're made up for sale, right?
So you might have presale, you open sale, whatever that is, or you distribute them, which is what we have at no point is mining part of it.
Then people were asking, well, then what's dag tech doing?
are they claiming to do they're claiming that there's some mining operations people did analysis around some of the data shown from dag tech and they speculate that the hardware that was presented is less powerful than most mobile devices well how can that then do any sort of mining if it's that low powered and you're talking about hardware that was specced to do roughly i think it says 600 of the coins per day there's open questions
Bottom line, what you have now does not match what they market on their site at all.
It's essentially a layer one EVM, no different than Polygon at this point.
Is that a negative?
It could be.
Part of the issue is, part of the issue, is them not just owning up to the change, the shift, because they've talked about, this is not the end game.
This is the first step.
And we eventually want to get here, which is the layer zero blockchain.
I'm not going to bore you with layer zeros here.
I think that's a waste of time.
That's what their goal is, but a layer zero, and this is not the end game.
And then they talked about another token.
Well, there's a lot they plan to do, whether or not any of that plan is going to bear any fruit.