RE: The Case For HBD Eating Up Hive

avatar

You are viewing a single comment's thread:

Don't blame the messenger, I need to be "this guy".

For the sake of network security max HBD supply nedds to tight to powered-up $HIVE. Especially with very few exchange listings of HBD. Isn't it potential attack vector? Somebody could amass relatively cheaply vast amounts of HBD to be converted during bear market to power up and gain control over the network



0
0
0.000
1 comments
avatar

I am trying to think how that would work. If the limit was increased to 20%, would that be an attack vector? It could be in theory. However, the mass expansion happens when the price is above $1 like that. That means one is paying a premium for the HBD, not getting it cheap.

It is something to consider and one would have to run some numbers to see where a point of vulnerability could arise.

I do agree, we need to get HBD listed on more exchanges though.

Posted Using LeoFinance Beta

0
0
0.000