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RE: (COS) contentOS a new blockchain content operating system - bursting out the scene!!! πŸš€πŸš€πŸš€

in #contentos β€’ 3 years ago

So 3speak but front other chain?

Question, i see you backing, but, how does it generates money, like hive? By vote and stack system? Where is the white paper of that, im gonna do my own research.

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https://www.contentos.io/#section-group-sgNsgLSB5u1RZkPxx3ykh9-2

According to the white paper:

"The built-in economic system automatically settles rewards to block producers, dAPP creators, content creators and curators in accordance with the reward plan formulated by the Contentos Foundation...
Like the Contentos Mainnet 1.0, the Beacon chain also has a built-in economic system, which conforms to the Contentos' reward plan of releasing 3.5 billion COS tokens over a 12-year term.
After each new block is produced, the economic system will mint a certain numbr of rewards and deposit them into the prize pool..."

I was trying to find out more about staking and prize pool distribution. Seems like it is a voting system, I just got into it and need to do some more research too in order to find out exactly what and how staking works and if it's beneficial. Good Question.

Gotta ask where the money comes and where it goes, simple but real.

3.5billon... that is a bit much if is blogging, too little if is videos... Weird move.

I will read it later, just as i end my post of the day about discord and communitys on hive XD