Re: ] ShadowCash | ShadowSend v2 IS ALIVE ! ** MANDATORY WALLET UPGRADE! ⋆⋆⋆
Hey child_harold, did you see this part of the thread? Coolstoryteller, along with the slide presentation on the new website seem to suggest that leaving your coins in Shadow may not be the total best thing for the network, although its still helpful. Actually it seems if you change from SDC to Shadow and then back to SDC, those anonymous outputs remain forever. So it seems the most help we can do to the network is transfer back and forth between Shadow and SDC many times. Every time we do it, it makes more anonymous outputs that remain forever.
Also good on the tweet. I will light Craptsy up in the trollbox later too, starting Monday when I know user Mullick will be in there.
Yup . I saw. But hard to believe it (unless a core dev confirms)
Having 50% shadow and 50% SDC i always assumed was optimal balance.
Irregardless step 1 always involves converting SDC > Shadow
Shadows are the networks anon tokens we NEED more
currently @~330k/6.5million (i.e. ~4%)
^not good enuff more Shadow
Ok well I guess the jury is still out then
But I think you are right its still important to have a large pool of Shadow. It will still help guard against certain attacks against anonymity on the network if there is a large pool of Shadow to blend transactions in with.
Ive been wrong b4 and Ill be wrong again.
However we can both be right:
SDC>Shadow>SDC>Shadow>SDC>Shadow>SDC>etc etc ad infinitum will (over time) create a system which is more "FUN"
whilst SDC > Shadow is all the while desirable
YES.
-more anon I/O (i.e. Shadow) = good
-more Shadow = less SDC
SO.
with only 2% pos interest and a decreasing supply of staking SDC (long live anon i.e. Shadow) is this the only deflationary crypto-currency atm?
hmmmm
So youre saying when I get my SDC convert it into SHADOW and then re convert that SHADOW back into SDC? or keep 50/50 split?
I think it really depends what your goals are. Its good for the network to make transfers many times between Shadow and SDC. Its also good for the network to leave a portion or % of your holdings in Shadow. But its also good for the network to be staking your coins, which requires SDC. You cannot stake Shadow, you can only stake SDC. A healthy network will have a good balance of all of these things. So perhaps if you plan to leave your coins offline and not stake, then you may convert a higher % into Shadow. If you want to stake your coins to receive 2% annually then you may want a high % of your coins in SDC.
Also as a note, sometimes you will run into errors when trying to convert Shadow back to SDC, it will say not enough available anonymous outputs of that ring size. You can fiddle with the ring size and the amount of Shadow you are changing to SDC to get it to work. As the network grows this will become less of a problem. By converting many times between Shadow and SDC, we increase the available anonymous outputs making the network solve this problem better over time.