6 ms·
I work at Stellar. re: the distribution method: mining obviously has many benefits, but it's still limited to people who are highly technical and/or who have mo
by joyce 12y ago
I work at Stellar. re: the distribution method: mining obviously has many benefits, but it's still limited to people who are highly technical and/or who have money to spend. That eliminates most people in the world. We wanted to provide much broader access to digital currency to normal folks, and so stellars will be given away for free at the click of a button. Hope that helps clarify.
- mappum 12y agoThe fact that you're giving it to users isn't what raises questions, it's that you're first issuing it to yourself so that you control who gets it.
- napoleond 12y agoBut isn't Stellar intended for technical folk? Like, it's supposed to be a currency used between gateways, right? Where the gateways provide an interface to less technical people? I understand that peer-to-peer is also a possible use case, but realistically the people who don't know how to mine aren't going to care about transferring cryptocurrencies... that's why the gateways are valuable in the first place.