Post
Topic
Board Announcements (Altcoins)
Re: [ANN] AEON 2nd gen cryptonote, anon, mobile-friendly, scalable, pruning
by
Factor0008
on 03/11/2015, 18:11:57 UTC

DrkLvr_ makes a sound suggestion with lowering the % each year/period. I assume you would calculate a per block percentage, so the "compounded interest" would not only be per year, but would be from each block reward.

And maybe the percentages are so low compared to the time-line we are looking at.

 
  
If you're going to go into reducing the %'s each year and other complicated mechanisms, you might as well just remain at a fixed block reward.  The "Keep it simple principle" holds true here.  In my mind it's either a low fixed rate (inflationary), or a fixed block reward (disinflationary).  I think we should choose between those two.  
  
I'm fine with the fixed blocks that were planned to be implemented, but if we want to move to 0.75% - 0.9% fixed rate, I'd be OK with that too.

Pegasus, what about a "proof of share"?

Where would be only for a amount of shares submitted;
>3day at Arux pool with I5-3331cpu / R7 240 gpu. I got [4,841,899] of shares (didn't mined all the day long) #example

let's say the reward would be from 10kk shares to 30kk shares (every 5k the reward, that would cost a month mining to reach the max?)

that would "invite" new miners (For the amount of coins for the few blocks mining at the start), create new coins for the network and increase it's power.