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Sa-Gar

Why supply is in billion not in million ?

#cryptocurrency #english #oasis
0

11 ответов

20 просмотров
Sa-Gar Автор вопроса

@JulioCesarSolar

0
04.08.2022
Shane-

yeah it would superb if there was a coin burn.. That will give more credibility

0
04.08.2022
Julio Cesar ◊ ETH Bogota-DeFi

Hello Sa! As you may know, the Oasis Protocol system architecture is divided into two Layers: The consensus Layer and the Paratimes Layer. The ROSE token will be used for transaction fees, staking, and delegation at the Consensus Layer. Also, ROSE probably will be used for transaction fees at most Paratimes built at Oasis Protocol. Each Paratime is a kind of Blockchain on its own, There could be up to 1,000, and each one supports 1,000 Transactions per second. We use billions instead of millions because we will have many transactions and data tokenizing happening in several ecosystems.

0
04.08.2022
Shane-
Julio Cesar ◊ ETH Bogota DeFi
May I ask why burning supply gives more credibilit...

that would give us more opportunity to appreciate in value

0
04.08.2022
Julio Cesar ◊ ETH Bogota-DeFi

Luna had a burning system. Probably still does

0
04.08.2022
Shane-
Julio Cesar ◊ ETH Bogota DeFi
Luna had a burning system. Probably still does

Luna is shit coin now.... bad developer with bad intentions... so i knew it will crash once i saw an interview of that guy.

0
04.08.2022
Julio Cesar ◊ ETH Bogota-DeFi
Shane
that would give us more opportunity to appreciate ...

Bitcoin doesn't use a burning system, and it has some credibility tho

0
04.08.2022
wilwixq-
Shane
very low supply though..

Supply by itself is not really so meaningful. If we moved the decimal place such that there is 100 million rose instead of 10billion and every rose is now worth 1/100th of a rose nothing would really change. It would not make burning any more or less meaningful

0
04.08.2022

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