Hi, all!
My manservant and I were just chatting about cryptos, and Bitshares came up, and we wanted to know more about internal funding. If you wouldn't mind taking the time to answer, we'd love to know:
1 - From my chat with Dan Larimer, I understand that new coins can be/are created to fund development. Is that correct? If so, how precisely is it decided how much will be created, and when? And how is consensus achieved?
2 - Does it require a sort of "worker" proposal to get coins created to fund development?
3 - Is there a limit to how many new Bitshares can be created to pay workers?
4 - How does the Bitshares blockchain get commanded to create the new coins upon consensus to do so? Like is there a cryptographic way from within all the voters' wallets that they can vote to create new coins?
Alright, that about does it for me. I understand this is a lot -- if there is already-published documentation somewhere that I can simply go and read for myself, I'd be happy to receive it!
And let me add that we're thrilled to have BitShares as the sponsor for our last two episodes, and 18 more to go! Here's today's episode, in case you missed it:
https://www.youtube.com/watch?v=aHlIKf7bHFg- Amanda
@TheDailyDecrypthttp://TheDailyDecrypt.com