Re:Eu.org, free domain names since 1996
by dingleberry420 on Tuesday June 07, 2022 @08:04AM
(#31652911)
Except that the money in this case is actually electricity and all you're doing is advancing global warming.
Re:Eu.org, free domain names since 1996
by justsomeguy123 on Wednesday June 08, 2022 @06:21AM
(#31665329)
> Handshake appears to burn the money paid. So that's fine.
That's not necessarily fine if the fee is in custom tokens. By burning they are just reducing supply, locking in the amount paid and increasing the value of their huge holding. It's pretty terrible.
Oh I mean it's fine as a concept, since everybody gets the money (in a situation where all the tokens were obtained "naturally").
Ofc in this case the Devs and the "sponsers" have 10% of it, so yea.
However most of the potential token supply (like 50%) was premined/airdropped to ssh keys of Github users with >15 followers.