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RE: Blockchain Heresy and Steem Economics: (Some) Steem platform inflation is a good thing! It just depends on how we use it!

in #witness • 7 years ago

I am standing 100% behind steem the blockchain since it is the most advanced blockchain currently in my opinion. However I fully agree that the distribution of steem is bad and was one of the reasons Steemit has been called a ponzi scheme in the past. In a perfect world we had the STEEM blockchain combined with SmartCash distribution model.

7 years ago in #witness by
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     7 years ago  

    what does smartcash do for distribution?

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       7 years ago  

      Paste from the smartcash homepage: "80% of the block reward has been allocated to fund SmartHive community proposals as well as the Hive Teams. 20% of the remaining block reward has been allocated to Mining (5%) and SmartRewards (15%)"

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