Quote from: GREEDYJOHN on March 01, 2016, 09:12:13 PM

Quote from: jc12345 on March 01, 2016, 08:45:41 PM

Quote from: GREEDYJOHN on March 01, 2016, 07:52:47 PM

Quote from: PoSeX on March 01, 2016, 07:43:06 PM

Well you guy's got some quite valid points there and If we agree to those then the wallet's will have to be re-made etc with updated src with said things again, I am happy with what ever tho just glad we can get this ball rolling again Wink

When will you release block explorer?

It would be good if the POS rewards were coded in a manner that encourages hoarding of coins and staking.

- ANTI-INSTAMINE

First few POS blocks should have very low rewards, like 1% POS, for 2 days, to discourage POS INSTAMINING by DEV team. It is the DEV team that releases wallets, so they will have UNFAIR time advantage over everybody else.

- RANDOM POS REWARDS OR POS REWARDS INCREASING AND DECREASING IN CYCLES:

Example,
block 0 - 5000 = 1% POS (ANTI-INSTAMINE)
block 5001 - 10000 = 20% POS
block 10001 - 15000 = 50% POS
block 15001 - 20000 = 80% POS
block 20001 - 25000 = 100% POS
block 25001 - 30000 = 200% POS
block 30001 - 35000 = 500% POS
block 35001 - 40000 = 1000% POS
block 40001 - 45000 = 100% POS
block 45001 - 50000 = 200% POS
block 50001 - 55000 = 500% POS
block 55001 - 60000 = 1000% POS
block 60001 - 65000 = 100% POS
65001 - end = 10% POS

The proposed schedule already looks much better than the original one. The chain however will not start from scratch and will continue from 10017(25). I would rather than giving 0.1 POW blocks keep it at 0 reward otherwise people will rape the POW blocks. POW should just be there to move the chain if necessary.

Yeah, this was just an example.

The POS/POW blocks should continue from where it stopped (block 10017, as you claim) with 5000 ANTI-INSTAMINE BLOCKS. These blocks should have very tiny POS rewards, like 1%, to prevent DEV team from having an EXTREMELY unfair advantage, because they will always have their wallets ready before everybody else.

Also, from the example, POS rewards should be increasing with time, to increase buying pressure. 1000% POS reward is OK as maximum POS, but I think that POS rewards should be coded to fluctuate up and down, so that buying pressure is maintained for a long time.

We need to go back to the old fashioned way, where coins need a "maturity period" of up to 5 days before they earn their stake rewards. This will also discourage DUMPING.

You in PEX also?