Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread -100% Original Codebase - Over 70 Active Team Members
by
jadedjack
on 20/05/2015, 03:03:23 UTC

@devs

Considering the upcoming plans for a Block Rewards Program...  I strongly urge you to take a look at this.

What you see there is an Infinite Loop AT running on the Qora blockchain (like a BEAST) that is increasing the txs' fees of generated blocks by 50 QORA.  Others can actually donate to the address which created the AT and extend the loop!   Cool


If (by any chance) you deem this approach superior to your current plans...  please consider implementing Automated Transactions (AT).

Aside from being an efficient way to run the Block Rewards Program...  NEM will benefit from all other AT use cases through the same changes to the code.  It doesn't take long to see the power behind the use cases presented thus far (ACCT, Auction, Crowdfunding, Dormant Funds, Lottery).


Although it won't be true (since I'm not part of the CIYAM Team)...  take it as a plug if you have to...  lol   Grin

Block reward are not a good idea. Look at FIMK. They had block rewards and are scaling it back because of large accounts getting larger exponentially. Node rewards, separate from block harvesting, is the way to go.