how you plan to compensate the lost for us ( i hold >20000 BSTY) from mining , buying and pool fee... now if you make the block 1024 all my work is gone from 20 blocks?
At this point you agreed with the 50 reward that's why you mine. I cannot do anything about this. For now, should stop mining, as of now the coin has ZERO value. It is insecure, with the 50 block reward.
But if from block 29200 you like 1024 reward block, install my version.
Anyway for this to work, *most* users must install this, including exchanges and pools.
So we need many users to express their support.
Your work with 50 reward block will still be valid, because the reward change occurs only after block 29200, until then, the 2 versions are compatible.
edit:
As for compensation, if you are amongst the first to mine at 1024 reward, you will get a lot of coins, but eventually a lot of people will mine, so you will be finding less blocks yourself (but more valuable). But once more people start mining, the coin will once again be secure, and the exchanges should accept it, so it will have value. Still until the difficulty raises above 2.048, you will still earn more coins. For your reference, diff was never higher than 1.000 when the reward was 347.
And I must insist that it is not my fault that the coin is insecure, the BSTY team did this to you, I ONLY EXPOSED THE FLAW.
ok i understand your point... make it simple for us that we love BSTY ... clone the code, change the name in anything you want, gain miners trust, gain exchange trust, gain market value, work hard on it and then maybe you will have community support.
I prefer to be with someone honest and simple as BSTY community that joining one guy like you that did not help, have selfish atitude, and did not even try to improve this coin.
At end the crypt coin projects are here to help all of us from going out from central and controlled bank systems