Difference between revisions of "Self Funding"
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Latest revision as of 09:00, 23 January 2022
- A self funding blockchain uses a built in mechanism in which it gives a proportion of its block reward to fund development. More then not, stakers are allowed to vote on where the treasury funds are spent on.
- This was first done in Dash and many projects have since followed.
- In the case of Bitcoin, there was never a built in fund to pay developers. This has lead to developers having to ask/beg for money. Which is a possible attack vector on the network. Some argue this has already led to corporate capture in the form of Blockstream.
