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You can only burn a little since: 1.)If you burn too much the whole pricing and ordering mechanism for operations does not work any more. Burning is only going
by Paradigma11 6y ago
You can only burn a little since:
1.)If you burn too much the whole pricing and ordering mechanism for operations does not work any more. Burning is only going to lead to big players in mining/staking and consumers making direct side arrangements.
2.) There is less incentive to stake since burning benefits all regardless if you stake or not. Its essentially a stock buyback. But sure you still have the inflationary block generation as rewards.
- Paradigma11 6y ago"But sure you still have the inflationary block generation as rewards." To be more precise: You are still penalized by dilution/inflation if you dont stake.