chain and I'm a hodler but today I wanted to add some and I was checking the explorer and looking at the rich list I was shocked!! Top 2 addresses hold more then 50% of the total supply!? Is there any explanation to this?
To know more about the supply & issuance of $CKB 👉👉 linktr.ee/ckbtokenomics
they're exchanges
What exchanges and how can we confirm that? It's just a huge number and it's rare with L1's and that's scary, even exchanges can dumb like we have seen with binance and ftx or because of regulatory reasons!
#1 is Binance, #2 is the ecosystem fund
why is it scary?
Because if someone with that size of wallet dumb on the market, it would crush guys like me lol
To know more about how to store $CKB securely: linktr.ee/nervosbuddy 👀
the funds in the Binance wallet are held on behalf of their users
To know more about how to store $CKB securely: linktr.ee/nervosbuddy 👀
It's good to know that, will ckb coin remain inflationary or is there any plan to make it deflationary?
there are no plans to change issuance, the network should operate without this kind of influence
To know more about the supply & issuance of $CKB 👉👉 linktr.ee/ckbtokenomics
The CKB issuance model follows the same value proposition as BTC, a fixed and predictable economic model. Therefore it is an invariant of the network that must not be modified. By the way, CKB works as a long-term (years) deflationary asset for DAO depositors. More info: https://medium.com/@Chema_es/understanding-the-economic-model-of-nervos-ckb-408e2b74478b https://www.cryptowendyo.com/bitcoin-ethereum-nervos-inflationary-deflationary/
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