/biz/ - Business & Finance

PIVX IS A SCAM.
>DEVELOPERS HIDING AND STACKING LARGE VALUE

"Quote from: s3v3nh4cks(MAIN DEVELOPER) on September 01, 2016, 09:16:50 PM

We just burned the 60k at block 279917.

If you look at the Total Coins in the previous block, you will see that this block is 60k less. The coins were sent as a network fee which are destroyed.
But why network fee was destroyed and not given to miner?


Yes, at the change to PoS, network fees are now destroyed. Though it is fractional, it does help overtime with inflation, and now we can remove coins from the total coin cap if needed... :) instead of having them just sit there at an address somewhere. Thats how burning coins should work.. :) "

>BURNING COINS = PRIVATE STACK FOR DEVS


DEVS ARE THE WHALE, I REPEAT, DEVS ARE THE WHALE PUSHING DOWN THIS SINKING SHIIP