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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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19140264 No.19140264 [Reply] [Original]

>Premise: When a new monetary asset is created the key problem is a matter of distribution - how to rationally distribute it to a wide number of participants such that anyone can acquire it and all units are distributed at-cost. Bitcoin's entire fixed-supply is being distributed fairly and at-cost, however Ethereum and the tokens created on it have not undergone the same process. As such, the value held by Ethereum and its tokens continually inflate as more are created at various cost with unpredictable distribution. 6ix9ine Chain is designed to return scarcity properties to the Ethereum chain using POL (proof of life), captured in a single fixed-supply asset with deflationary qualities, a fixed amount of tokens will be burned for every week out of prison that 6ix9ine manages to survive, this will create an exponential scarcity within the token and a subsequent equilibrium in value based on 6ix9nine's ability to survive.
>Why proof of life over traditional forms of consensus?: This is an experiment in darwinian theory, the aim being to create a consensus method that is more closely aligned with the order of reality, and in doing so, create a distribution method that is rational in regard to nature.
>Why 6ix9ine?: In seeking out a subject for this experiment, It was decided that for thoroughness, our subject would have to be somebody who was currently living outside of civilised convention, though the general principle of proof of life can be extrapolated onto other subjects. We chose 6ix9ine specifically because his general ethic is aligned more so with the natural order of archaic man.

Fuck you jan jan btw

>> No.19140409
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19140409

>>19140264
YOUR BESTIES A DICK SUCKA

>> No.19140576

>>19140264
0xc7B5A5003Ccd64f56fA04C7209b9a130565e80c3

>> No.19141107
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19141107

>696969.000 69C

based, OP delivers

>> No.19141116

Is it on any exchanges yet?

>> No.19141190 [DELETED] 

0xf9f216D8eF0C106E04D7383Df2ace2023A82B3b9