Assuming that the market remains at its current state, for

Question

Assuming that the market remains at its current state, for

how long can the team keep working on the project before needing to get funding from investors?

The runway for the foundation is projected for about 4-5 more years. By that time we are about a decade into development of CKB, and for something that was intended to run without central control, in my opinion seems like it would be ok for the foundation to cease operation.

I am sure that resources are a concern that come to mind with the idea of Nervos without the Nervos Foundation, many community members will tell you that there is an in-protocol treasury that is currently being burned, and it can be turned on via hard fork. The amount that is being burned is currently in the realm of a few hundred million CKB per year.

Of course CKB is an open source software project, I would be concerned if the idea would be that people would only contribute because they are being paid to, but I understand this is purely an ideal to start with and go from there. The in-protocol treasury has been designed to help alleviate some of the difficulties we've see in Bitcoin development.

#cryptocurrency #english #nervos

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01.06.2023