just common sense imho. Blockchains in their fundamental nature distribute the value creation function to the community but in Kadena its highly centralized and like I said, you are betting on a slot machine if you buy KDA. Can that change? for sure! Will it? no one knows.
What makes you think that kadena is centralized?
I hope they see that this can sway the entire community in the exact positive direction they’ve been trying to direct it since #Newkadena🤩
Well its a fact that 50% of emitted tokens until 2030 ar controlled by the team. The team has given nearly $0 of about a quarter billion + to projects (which is why there are no projects) and instead keep all the money from emissions that dilute the holders to build internal projects with no transparency. Now they question is, is this bad or good scientifically? Is it possible for a centralized emissions control to outperform the general market?
because each month all the platform emissions goto one corporation and the free market is punishing us for that because it’s not creating any TVL
because it is pow coin, to be centralized it need to be major hasharate amount in one hands which is not the case with Kadena
you gotta look up the tokenomics man, i wish i did before hand, but alas here we are, key it what can be done about it to save the ecosystem
it does not matter how many people mine or how large the network grows. 25% of their rewards (each block reward) goes to a central entity in new york
that wouldn’t be an issue except what is being done with these emissions other than being sold on the free market, instead of being reinvested in the businesses trying to build on kadena
it does not mean that kadena blockchain is centralized. it is just how tokenomics works
No that is untrue. its centralized in value creation, its decentralized in terms of nodes running the blockchain
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