A true private blockchain with a capped supply is a recipe for disaster IMO. considering the tokens right now are dirt cheap, anyone with a spare 10000$ can easily dry up the liquidity and pump the prices, immediately profiting; because you cant pinpoint it down to one whale like you can with a transparent ledger, such volatile downright illegal market manipulation will simply go undetected.
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DisgracedDoctor@mander.xyz · 2 pts · 2y
A true private blockchain with a capped supply is a recipe for disaster IMO. considering the tokens right now are dirt cheap, anyone with a spare 10000$ can easily dry up the liquidity and pump the prices, immediately profiting; because you cant pinpoint it down to one whale like you can with a transparent ledger, such volatile downright illegal market manipulation will simply go undetected.