Quote from: thelonecrouton on September 12, 2015, 12:23:12 AM

Suggestion: when mining is BN only, can all tx fees get added to the asset backing?

Reasoning: individual BN ops aren't going to be greatly affected, they are already paid their share of the block reward, but a steady trickle of fees over time will help the currency's backed %, making it that bit more appealing to investors.

I don't know if this would complicate what's currently being worked on, and it's not anything urgent, just a suggestion for some time in the future maybe.

On the subject of BN reward though, since BNs will in future be using presumably ~100x more CPU each, is there a case for upping the BN % a little to cover running costs? Running multiple BNs on $2/month VPS instances is no longer going to be an option.

Interesting idea, we can put it on the docket....man we have a long list of to-dos

As for upping the BN portion... I am not averse to the idea but we need to

1) Fully justify it and
2) Choose a reasonable number

This of course will have to be implemented in the next update, i already have 6 of my work horse machines trying to solo some blocks so we get past the current fork. Unless we delay the update until Monday (allows me time to also consider some of the changes i have in mind)

Just so you know, i am struggling with the logic behind service messaging, my problem is as follows and i would like some input:-

Should i attach messages to transactions and store them on the blockchain or maintain a side channel? Should they be in the clear or encrypted? Should i reduce the length the the exact max for msg formatting or allow messages and small pieces of data to be added to the chain (one click fashion) ? Should i mandate a cost for sending messages thereby monetizing Base nodes that only offer tx and message relay service?

To soothe the nerves of some of our users , the next update may have to be a UI only update.

Also I am thinking we should go closed source after this for a while.... anyone object? What would be the best software license to use? Should I craft a new one ?

Block reward halvings...i removed those in favour of the new distribution method..... do you think i should re-instate them? Or should we cme up with something more customized to suit our new distribution model?