[BitShares 2.0 Technologies] Stakeholder-Approved Project Funding (Discussion)

Started by xeroc, June 07, 2015, 04:20:14 PM

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monsterer

#4
June 08, 2015, 09:03:08 PM
Can workers get paid in MPAs?
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xeroc

#3
June 08, 2015, 08:50:03 PM
Quote from: monsterer on June 08, 2015, 08:44:53 PM
Is the reserve pool new, or just part of the existing market cap?
These are the BTS that would have been created by dilution anyway ... but dilution rate does not change .. 50 BTS / 10 secs .. or 5BTS per sec ..
It's just a different presentation ..

monsterer

#2
June 08, 2015, 08:44:53 PM
Is the reserve pool new, or just part of the existing market cap?
My opinions do not represent those of metaexchange unless explicitly stated.
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xeroc

#1
June 07, 2015, 04:20:14 PM Last Edit: June 08, 2015, 06:31:05 PM by xeroc ¯\_(ツ)_/¯
BitShares 2.0 Technologies
Stakeholder-Approved Project Funding



A self-sustaining funding model
BitShares is designed to be self funding and self-sustaining by giving the stakeholders the power to direct where blockchain reserves are spent. BitShares has a reserve pool of 1.2 billion BTS (about $8 million dollars) that automatically grows as transaction fees are collected and the share price rises. Each day the blockchain is authorized to spend up to 432,000 BTS (about $77,000 per month); enough to hire a small team to maintain the network for years even with no price appriciation.

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