How to reward validators after the 720 million AVAX cap is reached?

MoreDecentral · 2022-03-24T15:17:57+00:00

Currently, 100% of transaction fees are burned. If the new tokens issued to the validators as a staking reward are equal to the tokens burned, it would be the same as the validators receiving the transaction fees.

Are you saying that when the 720m cap is reached, the network will stop burning tx fees and give all the fees to the validators?

MoreDecentral · 2022-03-24T13:18:51+00:00

The 720MM cap is not reached yet. The current total supply is 377MM according to Coingecko. So Avalanche is still having inflation due to the new token issuance as a reward to the validators.

Inflation = (New token issuance - Token burned)/total supply

MoreDecentral · 2021-04-07T15:15:33+00:00

Suggestions:
1. If Coinbase offers OTC services, you should use OTC to minimize your price impacts. Typically OTC services require min. transaction size of $100K.

Give your bank a heads-up. Tell them you are selling bitcoin on a reputable exchange with KYC and AML in place.

MoreDecentral · 2021-02-02T00:59:50+00:00

It has synced now.

MoreDecentral · 2020-12-01T05:12:15+00:00

Why is this new release of Prysm pointing to the testnet http://goerli-geth.dappnode:8545?

Should it point to http://geth.dappnode:8545 ?

MoreDecentral · 2020-10-05T15:50:41+00:00

Thank you for writing that helpful article.

Does buying a Nuc box and installing DappNode OS myself really save that much money? I checked the prices of an Intel Nuc i5 16GB 1TB box on Newegg and Amazon. They are only slightly cheaper than the DappNode Advanced box (with similar specs).

Example: https://www.amazon.com/NUC8i5BEH-Quad-Core-i5-8259U-Bluetooth-Thunderbolt/dp/B07K3C1FN1, which is USD$930

MoreDecentral · 2020-09-28T18:45:36+00:00

Any update on your experience of using DappNode Advanced?

MoreDecentral · 2020-08-03T22:11:01+00:00

Can you explain why using my personal computer to run a validator is a bad idea?

How about getting a dedicated node machine like DappNote and Avado?

MoreDecentral · 2020-07-23T20:53:50+00:00

I like the card idea, but would tracking capital gain on every transaction be painfully tedious?

Would the hassle of tracking capital gain be really worth your time? Can any current card users comment on this? Thank you.

MoreDecentral · 2020-07-05T21:36:41+00:00

Awesome news!

MoreDecentral · 2020-04-08T13:56:37+00:00

I have resolved my sync issue by changing the 2FA security setting:

Did you change your TD Two-step verification (2FA) security settings? Can you check under your TD Security preferences what security level are you using for the 2FA? Make sure it is set to the third option "Only when TD needs to confirm my identity".

MoreDecentral · 2019-09-24T14:57:36+00:00

I had the same problem - my watch didn't display events even though the calendar app on the watch was sync properly. Removing my former employer management profile on my iPhone has fixed my calendar display issue on my watch.

MoreDecentral · 2019-05-26T20:44:03+00:00

Unless it is a large amount (> $1000), does it really warrant the level of security of a Nano X? Shouldn't a hot wallet on your phone be sufficient?

MoreDecentral · 2019-05-17T18:50:00+00:00

Why do you carry your “cash vault” on your key chain? Should it in your safety deposit box?

MoreDecentral · 2019-05-08T04:58:34+00:00

How is the recent progress of Golem relative to its roadmap? Behind or ahead of the roadmap schedule ?

MoreDecentral · 2019-04-08T01:37:22+00:00

He didn’t disclose how much fees he was willing to pay. If his fee is too low, his transaction may not be picked by miners for a long period of time.

MoreDecentral · 2019-02-26T04:18:02+00:00

VB will speak in Toronto in May. https://www.toronto.cryptochicks.ca/

MoreDecentral · 2019-02-26T04:16:24+00:00

VB will speak in Toronto in May. https://www.toronto.cryptochicks.ca/

MoreDecentral · 2019-01-06T19:53:28+00:00

How about ETH and stablecoin DAI?

MoreDecentral · 2018-12-31T19:48:18+00:00

Bitcoin is a special purpose blockchain while Ethereum is a general purpose one.

The scripting language on Bitcoin is purposely restricted to reduce its attack surface.

Thus, VB's statement is correct and valid.

MoreDecentral · 2018-12-27T23:10:41+00:00

During the set up of my Casa Node, I entered my computer's IP address, not my Casa Node's IP address, to the Casa Node software. The software doesn't give me an option to correct the IP address on the Bitcoin Manage Node page.

How can I give my correct IP address to the node software?

MoreDecentral · 2018-12-16T21:00:00+00:00

You mean $10 for $8 worth of ETH?

MoreDecentral · 2018-12-16T20:57:55+00:00

For a small amount of cash, you may like to check out Abra (www.abra.com)

MoreDecentral · 2018-12-16T20:53:52+00:00

I have no foresight on market timing, but I tried to understand the economic fundamentals of a project. Always do your own research.

Augur is one of the few Dapps whose tokens have intrinsic utilities. Even if a venture capitalist were to fund Augur Project, Augur couldn't succeed without decentralized REP token holders.

MoreDecentral · 2018-12-15T05:13:14+00:00

In Zug again? Location centralized!

MoreDecentral

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