Quote from: ebliever on May 11, 2015, 12:48:23 PM

Quote from: Snail2 on May 11, 2015, 12:46:33 PM

I miss the "No, it would cause high rate of inflation and fall in prices." option. Such an action would increase the coin output tenfold what would make even the current price unsustainable. Who would/could buy so many coins. It's only viable if the reward goes down to 2.1 BTC from 21 BTC.

In the discussion above it was proposed to change the block reward time at the next halving. The block reward would go from 12.5 BTC to 1.25 BTC. No change in coin supply. (I'd be dumping my coins ASAP if someone started jacking with the coin supply.)

This is what happens when one doesn't read any posts (even though there are only a few) and spams.

Quote from: solex on May 11, 2015, 06:32:46 AM

On reddit, Gavin has responded favorably to cryptodude1's proposal that Bitcoin's 10 minute block interval be reduced to 1 minute.
If it is done at the next block reward halving (about July 2016) the block reward would drop from 25 BTC to 1.25 BTC in order to maintain the 21 million BTC limit. Difficulty would be reduced by 10x.
-snip

Essentially nothing would be changed in regards to the supply.

Quote from: inBitweTrust on May 11, 2015, 12:27:09 PM

One minute confirmations are unacceptable. We need 1 second confirmations. Alts boasting of faster block confirmations is mainly marketing fluff as anyone knows that you can purchase items instantly with bitcoin by looking at the mempool and other variables.

Lets stop wasting our time on half measures and solutions and work on truly innovative solutions-
https://bitcointalk.org/index.php?topic=970822.0

The real question is why the developers (or just Gavin) are focusing on changing the block size limit or block generation time instead of this?
From my quick look and basic understanding of what the proposed Network would be, I'm actually quite amazed. Hopefully we see something soon in regards to the Lightning Network.