Quote from: VeritasSapere on March 02, 2015, 08:44:01 PM

Quote from: kingscrown on March 02, 2015, 06:53:06 AM

so do u guys want a fork or not?

I think we should do a fork, however it is important that we do this correctly. first of all and i am adamant about this, we should not end POW. I present you with an alternative, instead we should introduce an emission curve for the mining reward, which in effect would reduce the reward for mining over time. Most other mined cryptocurrencies also have this feature. for example Bitcoin, Litecoin and Darkcoin. Introducing a emission curve would also reduce the total supply of Exclusivecoin making it more rare.

It is important that Exclusivecoin remains a currency that can be mined, at least in its formative years. There are many reasons why POW is favorable, most importantly are the factors of distribution and security. In terms of the economics it makes Exclusivecoin less inflationary, and the incentive for mining is maintained because of the potential increase in value offsets the reduced mining reward.

I think we should also reduce staking frequency, this should give the wallet less of a processor footprint and should increase its performance. It would still be two percent per year, however staking rewards would just not come in as often. Since if we are doing a fork it makes sense to introduce any useful changes now, doing a fork is a change on a fundamental level, and an important step in the evolution of any cryptocurrency. This is why it is so important that the community is included in this process and is able to participate and contribute. So if anyone has any ideas that you think we should implement in Exlcusivecoin then please speak up and share your ideas with us. Since it is the community that Exclusivecoin serves.

sounds like you know what you are talking about like i said before i am into any thing that gets this coin to where it belongs.And all i know is i am buying big time now because it is not going to stay at this price for long.And i am sure in the end that KC and the community will do what ever is right for our coin to excellerate