Conquering crypto winter: inside #horizen’s move to increase its block reward
▻https://hackernoon.com/conquering-crypto-winter-inside-horizens-move-to-increase-its-block-rewa
During this ‘crypto winter,’ the slump in crypto prices has led to the shutdown of a number of projects.Most recently, the NEM Foundation, a community-sponsored non-profit organization that promotes the #blockchain of NEM, announced a massive downsizing of its 150-person staff.While the foundation says it’s not bankrupt, it admits that it only has about one month of funds left in the bank.Despite the hard times, some projects with governance and economic incentives in place have been able to weather the storm only partially scathed. One such project is Horizen, where I act as general counsel.I recently sat down with Rob Viglione, the company’s co-founder and CEO to get his insights on the declining prices. Rob elaborated on Horizen’s plan to use its unique tokenomic structure to survive the (...)