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Who and how issues the new money? how do you decentralize that? Otherwise you have a central bank and a database is more efficient.
by spiorf 6y ago
Who and how issues the new money? how do you decentralize that? Otherwise you have a central bank and a database is more efficient.
- dieortin 6y agoThat’s a problem that has already been solved in various ways by existing cryptocurrencies. For example, NANO was premined and then distributed via a faucet that required solving CAPTCHAs. Other cryptos just award holders more coins, or use other solutions.