Detective Deft Defector on Nostr: From my limited knowledge, Doge for instance has no supply cap, and verify a block ...
From my limited knowledge, Doge for instance has no supply cap, and verify a block every two minutes I believe. 10k coin per block reward. Admittedly, that's actually better monetary policy than the dollar. (It's not absolute scarcity, it's inflationary by nature and way less decentralized than BTC, but it's probably less corruptable than fiat.) And XRP is a closed loop system where all the tokens were minted on the outset of their protocol. There's everything you could imagine I would think. Some copy the BTC script and just nuance it, like Bitcoin cash (I think) has 4 MB blocks where BTC has 1 MB blocks.
Some use proof of work, some use proof of stake, some burn tokens to send transactions (which I think is true for xrp)
It's a big wild world of all sorts of new tricks people are figuring out. I actually am not hardnosed about BTC being the only one that will succeed, it just does it better and did it first.
Some use proof of work, some use proof of stake, some burn tokens to send transactions (which I think is true for xrp)
It's a big wild world of all sorts of new tricks people are figuring out. I actually am not hardnosed about BTC being the only one that will succeed, it just does it better and did it first.