Buying 100 ENG is an investment in your future ability to create tokens.

in eng •  5 years ago  (edited)

Buying 100 ENG is like an investment in your future ability to create a Steem-Engine token.

When you buy and stake enough you EMFOUR Engine Miner Four

Is PALNET the de facto Steem-Engine Tribe?

I have been wondering when ENg can be staked for access to Steem Engine Github.

With a 9000 Trillion or 9 Quadrillion ENG supply we have a long time before we run out. Supply of only Supply 3.861 Million will keep the ENG supply relatively scarce or more rare than steem

ENG (Circulating / Total / Max)
3.861 M / 4 M / 9,007 T

Steem Supply: 324,864,205 STEEM (Worth $68,216,060 SBD); $7,579,562 SBD (10.000% of supply); 123,558,307 Liquid STEEM (38.034% of supply)

So ENG Supply is almost 100 times less than steem. There is no Max supply for steem but there is for ENG, but it can be changed. But that would require a change to the Steem-Engine Github and @harpagon 's Steem Engine Smart Contract system and I need to learn more about this but I am pretty sure whoever has the access to steem-engine Github like @beggars and @holger80 and @someguy123 or maybe its @yabapmartt maybe, whoever has control of steem-engine github I believe can then make changes into the code of the Steem Engine side chain... or maybe you need to change the steem engine smart contract SSC by @harpagon or maybe im mistaken and its now hard wired into steem and youcant
ever change teh max supply BUT I believe you can if @aggroed and steem-engine wanted to using the github or the SSC system

Eitehr way, I want a system where the changes made to ENG and steem engine tokens themselves can only be changed by a majority vote by accounts controlled by stake holders in ENG itself. Github accounts may need to be attested to steem accounts but a tool to do steem github account attestation would be very useful for all of these steem github projects

Steem Engine Github is here:
https://github.com/steem-engine-exchange/

here is my ackza fork for Steem Engine the very first one ;)
https://github.com/ackza/steem-engine

heres my feature request for a new VAULT system, the first issue on steem engine github
https://github.com/steem-engine-exchange/steem-engine/issues/1

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