I did some research on KDA because I think PoW

Question

I did some research on KDA because I think PoW

is supperior to PoS in terms of security and decentralidation. KDA claiming to be the only scalable PoW system made me get interest in this project. So the most interesting part is, how are miners profitable while transaction cost almost nothing? So KDA achieves this by having inflationary tokenomics and rewarding miners with KDA tokens every month. Currently its worth 50million dollar which are allocated to miners every month. The token supply is fixed with a max achieved in 120 years. However, there is a continuous selling pressure by the miners. Ofcourse the value can go up when more projects and transaction along with TVL is achieved. However my major concern remains the tokenomics with so much power of the miners.

#blockchain #cryptocurrency #english #kadena

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11.12.2021

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george p

M T
Sure you would like to see a more balanced power w...

I think you choose the wrong tech if you don't like miners

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11.12.2021

M T · Accepted Answer

M T

Sure you would like to see a more balanced power where miners do not have so much control. It will take time. Certainly we do not want to have a centralised chain. I remember eos became one due to their governance voting system. Let’s wait and see

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11.12.2021

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I did some research on KDA because I think PoW

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