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If there are vulnerabilities, those vulnerabilities will be exploited. That will reduce the currency value and the value of their 'founders reward'
by sigmar 10y ago
If there are vulnerabilities, those vulnerabilities will be exploited. That will reduce the currency value and the value of their 'founders reward'
- lend000 10y agoNot if they cash out during "IPO." I don't like the idea of a founder/developer pool, but if they are going to have one, there should be a vesting period, such that the granted coins cannot be moved for X years after receiving them. This will keep the incentive alive, and I think Ethereum would have a lot more potential if something like this was employed.
- jackgavigan 10y agoThis is exactly what Zcash did. The Zcash Founders' Reward "vests" over four years.