All Steem Dollars used to advertise in the promoted content section is going to the @null account. In a future hard fork all these Steem Dollars will be removed.
All Steem Dollars used to advertise in the promoted content section is going to the @null account. In a future hard fork all these Steem Dollars will be removed.
Can you elaborate on what that means? What is a "hard fork," and will those Steem Dollars effectively be removed from circulation (as in disinflation, or am I not understanding)?
Also, why is Null being funded with Steem Dollars rather than Steem?
the same question..!
Hardfork is when they write new instructions into the blockchain program.
I believe they will be removed from circulation but i am not sure.
i presume null is being funded with SBD instead of steem because SBD can be transfered directly and that all the rewards are SBD.