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"ether is there simply as a token to facilitate payment of transaction fees and incentivize mining" Translation: Ether is there simply for our pre-mine profit
by wcummings 10y ago
"ether is there simply as a token to facilitate payment of transaction fees and incentivize mining"
Translation:
Ether is there simply for our pre-mine profits :)
- heliumcraft 10y agoBy pre-mine you mean crowdfunded to fund development ofc... If there is a way to do something like Ethereum or Maidsafe WITHOUT the freaking money I would LOVE to hear about it. It would be nice if we could work on this type of technology without all the toxicity of get-rich-fast trolls and the silly tribalism.
- wcummings 10y ago>If there is a way to do something like Ethereum or Maidsafe WITHOUT the freaking money I would LOVE to hear about it. Bitcoin started with a bunch of people running some hobbyist cryptographer's buggy cpp to generate worthless tokens. You don't need millions of dollars to build free software.