comment
Qitmeer Network's Unique Distribution and Reward Model
The initial distribution of Meer coins includes a genesis output that accounts for 24% of the total supply. Within this, the founding team holds roughly 4%, totaling 8.4096 million Meer, while the Medina testnet phase accounts for 20%, or 42.048 million Meer. The majority, 76%, is allocated through the Proof of Work process.
Unlike typical cryptocurrencies that implement sharp "halving" events, Qitmeer employs a "smooth decay" model for reducing block rewards. For additional insights, further details are available through the provided links.
Source available for registered users Sign Up Free
AI Analysis
The distribution strategy of Meer coins reveals a significant initial allocation, with nearly a quarter dedicated to genesis output, indicating a well-planned initial structure. The distribution to th...
AI Recommendation
Investors and stakeholders should consider the implications of the initial distribution, particularly the large reward allocated during the Medina period, which could impact market dynamics. The 'smoo...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.