zlacker

[parent] [thread] 1 comments
1. kgwgk+(OP)[view] [source] 2022-05-19 14:45:13
“We propose a cryptocurrency, Terra, which is both price-stable and growth-driven. It achieves price-stability via an elastic money supply, enabled by stable mining incentives.”

“Terra achieves price stability by creating stable incentives for mining (PoS consensus) via highly predictable rewards. We propose a framework to evaluate the stability of Terra’s peg under stress. […] Our findings, based on 1 million years’ worth of simulation data, indicate that Terra’s peg is highly robust under both forms of stress.”

replies(1): >>cutebo+Tk
2. cutebo+Tk[view] [source] 2022-05-19 16:20:20
>>kgwgk+(OP)
Growth driven is a nice euphemism for ponzi scheme.
[go to top]