Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> What happens to the other 9,500,000 app coins? Who 'owns' them for purposes of profit distribution and opinion weight?

Effectively the product's wallet owns them, but opinion weight is based entirely on your ownership of "vested" coins. If you may have 5% (to start) of the total coins, but you have 100% of actively votable coins.

And yep, minting there was confusing. Minting happens only at explicit event so everybody can control their dilution. When bounties are awarded their coins come from the products "unvested" coin pool.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: