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RE: In Defense of Consortium Blockchains
Yeah, I think it's a shame they felt the need to reduce the power down period. It encourages short-term thinking all around.
Yeah, I think it's a shame they felt the need to reduce the power down period. It encourages short-term thinking all around.
13 weeks is still an eternity in the cryptocurrency space, but yeah, I signed up and invested with a full understanding of the two-year commitment. I would have been okay with keeping it in place. Others argue it scared investors away.
It definitely made me not interested. Too much commitment. I came back when the time frame was shortened.
Because you were penalized with an increased rate of dilution (aka debasement) for not powering up for 2 years (1 year weighted average for powering down)?
See my other reply to @smooth about this.