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It has an uncapped supply, and inflates at 1% per year. It doesn't really seem to offer anything compelling other than its A-list investors. It was also created
by brndnmtthws 9y ago
It has an uncapped supply, and inflates at 1% per year. It doesn't really seem to offer anything compelling other than its A-list investors. It was also created by the same person who brought the world eDonkey 2000, Mt. Gox, and Ripple.
- nebulous1 9y agoThose are all very successful projects. All the bad stuff that happened at Mt Gox occurred after he sold it to Karpelès.
- horsecaptin 9y agoIsn't it's main value prop fast transactions? It isn't really meant for storing value is it?
- watoc 9y agoI don't have an opinion on Lumens but the fact that the supply is uncapped would make it much more suitable as a currency.