Inflation is a curse in the financial sector. Even in the cryptocurrency world, it is an issuance model best avoided altogether. The Stellar Foundation acknowledges it may be best to get rid of these excess assets altogether. Although first proposed a year ago, the team is now ready to remove the inflation mechanism from its ecosystem altogether. Stellar has Inflation Contrary to what most people may think, Stellar is a digital asset which effectively has an inflation mechanism. As it is not a traditional cryptocurrency like Bitcoin or Ethereum, having such a mechanism does make a fair bit of sense.
The post Stellar Developers aim to Remove Inflation From the Ecosystem appeared first on The Merkle Hash.
Powered by WPeMatico