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Ironically, if this coin was traded on a cryptocurrency exchange it would probably trade at above 0$ and therefore deviate from its 0$ peg. Edit: I spoke too s
by olalonde 4y ago
Ironically, if this coin was traded on a cryptocurrency exchange it would probably trade at above 0$ and therefore deviate from its 0$ peg.
Edit: I spoke too soon. They anticipated this issue and prevented it by setting the total supply to 0. Brilliant.
- yellowapple 4y agoWouldn't setting the supply to zero produce a trade value of infinity? Likewise, you'd want an infinite supply for a $0 peg.
- evanb 4y agoCareful; you need to apply L'Hopital's rule.
- raphlinus 4y agoI so want to own this coin, and was initially disappointed by this news, but then realized that by an application of hard work and a certain amount of investment, it is possible for me to own just over half of the total market cap. Good thing it is provably safe against 51% attacks.