Re: [XRA] RateCoin | PoS | Unique Generous Rewards

I am interested in making some very unique and fun protocol changes to XRA.
Of course I will want the full support of the community to do this, and I won't be releasing all of the details right at this second.

All right, what did you thought with your volcanic mind?
At least some clues to make us fantasize?

I will warn you not to build this branch yet, because it is jumbled full of testnet only purely test only code (and may corrupt your valid chain if you launch this wallet on the mainnet). https://github.com/presstab/ratecoin/tree/voting

What I would love to do is turn XRA into a fully dynamic coin, that can change parameters on the fly without any hard forks. It will be up to the stakers to insert their votes into their minted block and then the coin will change according to the votes. For example I will be preliminarily be testing this with stake rate, but I believe it could also be applied to min/max stake weight age, block time target, etc.

Will of course take some heavy testneting first.

Very interesting, can stake rate be defined to go up or down based on tot supply - amount on a burned coin address and some other parameters?
IW

Of course it could, but what I have in mind is different. Each user would set a setting in their wallet with their preferred stake rate, and when they mint a block their vote is added to the voting pool. The rate will be calculated using an average of something like the last 100 staked blocks votes.

Thank you, i think i see where you are going with this.
IW