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pmarreck
on Oct 28, 2016
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Zcash begins
As I said here:
https://news.ycombinator.com/item?id=12796310
I don't see how it's arguable for a
currency
to have a 10% cut for the founders. That's too high.
petertodd
on Oct 29, 2016
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Actually it's a 20% cut for the first few years; the 10% figure is only relevant if you're talking about the entire theoretical coin supply.
cheeze
on Oct 28, 2016
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Agreed 100%. That seems insane to me.
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I don't see how it's arguable for a currency to have a 10% cut for the founders. That's too high.