Quote from: 8-bit-Party on June 29, 2015, 01:28:54 PM

Quote from: Gumbork on June 29, 2015, 12:35:23 PM

Great. I think its time you start fixing the issues here. How about those masternode fixings?

Masternodes work awesome, their number grows constantly, nothing to fix. I assume you mean fixing inflation by reducing masternode profits or increasing masternode entry level.
In that case I have made proof it's not big deal on our new github on freshly created alpha branch

https://github.com/8bit-dev/8bit/commit/60c1141682d6a09442e9668dbdd51e6335e97515

this commit sets up masternode cost to 888 8BIT, reduces hipos block value to 0.65 8BIT with 0.44 as masternode payment with hardfork at block 288888. So simple.
Those values are pretty random, just to show you how important right and widely agreed decision is required. We can't contact exchanges again after 2 weeks with YET ANOTHER MASTERNODES PAYMENTS RELATED hardfork. I have already suggested how such important values should be chosen in one of my previous posts. We have to change it with full confidence we are all happy with decision.

imho pay-out is good as it is, 888 8BIT per mn would be cool though. Project pay-out should be considered along with project scope & lifecycle. The lower the pay-out the less time there is for early investors to build their position, and for the developer to deliver. Once investors are "leaving" the project will be like a desert walk. With leaving I do not mean the core followers, but the investors that provide the affluence with which developments will proceed more smoothly.

We need a bit of coin supply to grow the market as well!

To combat the "inflation" I refer to my earlier post:

Quote from: Orestes on June 20, 2015, 04:18:35 PM

But we have a fixed amount so lets say we increase with 1. Over a starting amount of one. Supply will increase in the following way.

1 | 2 | 3 | 4 | 5 | 6 | 7 | ... | ∞

increment then is

0 +1 +1 +1 +1 +1 +1 | ... | +1

0(0) + 1*(1) + 1/2*(2) + 1/3*(3) + 1/4*(4) + 1/5*(5) + 1/6*(6) + | ... | + 1/∞*(∞)

Final term: 1/∞=0

so you see in time, inflation is literally of no concern. Given enough time there will be a shortage of supply.

But I understand that right now it looks like inflation is killing. And it might even look like that for a whole year. But once there is enough wealth locked up in the coin, with a decent supply. Then inflation would be barely noticable yet remain profitable.

Now think about this one step further...

8Bit shows that it is probable that no more then 25% of all coins will be directed at MasterNodes. This ensures profitability for quite some time. But once there are a lot of nodes, lets say 25% of an ∞ supply. Then your reward will decrease to 0. Why? Too much (∞)competition.

Therefore there will come a point of equilibrium for the total amount of MasterNodes with respect to cost/return.
Fees for services then offer a solution. Because they are outside of theses restrictions. Its scalability is directly linked to market usage.