[justsomeguy123]

Maybe renewal makes sense to prevent squatting but the question remains: who receives the money paid??

If the money were to be used to secure the network somehow, it would make sense.

If the money just goes to the creators... it was all just a money grab.

[anunay03]

I am unsure about the speicfics but Handshake appears to burn the money paid. So that's fine.

However most of the potential token supply (like 50%) was premined/airdropped to ssh keys of Github users with >15 followers.

[dingleberry420]

Except that the money in this case is actually electricity and all you're doing is advancing global warming.

[justsomeguy123]

> Handshake appears to burn the money paid. So that's fine.

That's not necessarily fine if the fee is in custom tokens. By burning they are just reducing supply, locking in the amount paid and increasing the value of their huge holding. It's pretty terrible.

[anunay03]

Oh I mean it's fine as a concept, since everybody gets the money (in a situation where all the tokens were obtained "naturally").

Ofc in this case the Devs and the "sponsers" have 10% of it, so yea.