Self Funding

From CryptoWiki

  • 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.