You are viewing a single comment's thread from:

RE: Blockchain's Simple Economics

in #blockchain7 years ago

look close with an open mind with what this new concept is doing with open source Ethereum ERC-20 smart contracts, decentralized exchange and passive income. The game has passed the crypto kitties and is now #1 on the Dapp Radar. The smart contract is coded to tax 10% of the ETH. when users purchase the (P)roof (O)f (W)eak (H)ands tokens and divides the ETH. tax to people who are already holding and also 10% of when users sell “20% total”. The name of the game is to hold as long as you can while you get earnings from the constantly taxed “Strong hand” buys and the taxed “weak hand” sells. If you don’t want to play anymore, you can pull out all your earnings all at once but with a 10% tax fee that gets divided to the stronger hands. This is what the ERC-20 smart contract is programed to do. In my opinion, it will better than the proof of stake Vitalik is trying to change to. Doesn’t hurt to look at the contracts open source code at least. Don’t let the opportunity pass you by.
https://powh.io/?masternode=0x32c37e7ca38be1f85cd9e85c81ac9b6730f43e3e

Coin Marketplace

STEEM 0.24
TRX 0.26
JST 0.041
BTC 98556.18
ETH 3491.32
USDT 1.00
SBD 3.37