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RE: ERC20 : BEP20 Bridge

in LeoFinance • 4 years ago

In fact, even LEO itself is pretty centralized because witnesses do not confirm our tokenomics or transfers.

Didn't Hive-Engine started their own decentralized node system, that incentivize server owners with BEE inflation? I thought that would handle LEO as well. Of course, the tokenomics are still done via a centralized entity via the LEO and ultimately the Hive-Engine team. At least that is how I assumed this would be the system now.

At the peak of the mega-bubble, transaction costs on BTC/ETH could skyrocket to as high as $1000.

LOL. That could turn very much in our favor!

4 years ago in LeoFinance by
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         4 years ago 

        Yeah I guess they did!
        Good catch.
        Everything is on chain as well so technically it could be confirmed by third parties the entire time.

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               4 years ago 

              Good point. How does exactly leo remain flexible with its tokenomics? Do they need the approval of most hive-engine witnesses in order to make a change?

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