Block-reward Developer Subsidy

Discussion in 'Questions' started by N3wb1e, Jul 23, 2016.

  1. 2017/12/15 - Decred v1.1.2 released! → Release Notes  → Downloads
  1. N3wb1e

    N3wb1e New Member

    Jun 12, 2016
    65
    12
    Europe
    I have question about integrated block-reward, developer-subsidy. How, when and to where it will be used?
     
  2. N3wb1e

    N3wb1e New Member

    Jun 12, 2016
    65
    12
    Europe
    There is no direct answer about it.
     
  3. adam2312

    adam2312 Jr. Member

    Jan 11, 2016
    118
    43
    Male
    This may answer your question:

    Self-Funded Development
    Decred includes a mechanism for self-funding development to ensure the project is and remains sustainable. A major sticking point for many open-source projects is that they require funding to survive, meaning they typically need to ask for donations and are limited by the funding they receive. To ensure that Decred remains free from the problems related to lack of funding, Decred's consensus rules include a 10% development subsidy in each block that is paid to a development organization on an ongoing basis.

    The current development organization is Decred Holdings Group, LLC (DHG), a Nevis-based organization. The development organization will be open to anyone who makes contributions to develop Decred, will remain transparent and issue regular financial statements biannually, and will publicly account for how funds are spent. This entity is built to be adaptable and open to community feedback and guidance, and may therefore change in the future if circumstances require adaptation for it to continue serving its goal to make and keep Decred development sustainable as the project and network scale upward.

    Source: https://wiki.decred.org/Introduction#Decred_Constitution
     
    N3wb1e likes this.
  4. N3wb1e

    N3wb1e New Member

    Jun 12, 2016
    65
    12
    Europe
    It was the answer, thanks. Now there´s topic if someone wonders the same.
     

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