Comment

Comment by muneeb

Muneeb from Blockstack here. The Stacks blockchain is needed to anchor user identities in a system that is not controlled by any single company.

The App Mining rewards are incentives for developers to improve their app quality. I'd recommend this research paper to dig deeper in to the game theory behind App Mining: https://blog.blockstack.org/app-mining-game-theory-algorithm...

The source of money is newly minted tokens, just like in Bitcoin the miners operating the nodes and processing transactions get the newly minted tokens.

parent muneeb 7 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton