3 ms·
Where can I see the source of your information where it is said they will control all the mining nodes and there will be mining?
by viach 8y ago
Where can I see the source of your information where it is said they will control all the mining nodes and there will be mining?
- thecatspaw 8y agoAdmittedly, nowhere, after all this whole article is based on speculation. But I really doubt that facebook is going to release a coin which they cannot control. What is their case for creating a coin if they have no control over it?
- viach 8y agoThey could have a roadmap to slowly distribute initial stake over the time, for example (if used PoS, which I think the most probable plan). And the case would be not to own the biggest stake and control everything, but instead having a popular cryptocurrency with APIs natively integrated with Facebook's services. It'll bring new users and developers to their platform, which has the real value.