Quote from: ofeefee on June 18, 2016, 02:43:00 PM

Quote from: HelloToAll on June 16, 2016, 12:20:11 AM

My thoughts on the coin and how to drive interest back into it would be for us to move to a system like most are after when they look to a coin for currency purposes. That is a system that drives some sort of deflationary aspect to the coin. As i can not lie getting the amount from staking is amazing, i can also see why the coin could over time die if it does not fix its inflationary aspect. (or find its purpose in the world of alt coins)

Though I am not here just to fret on the problems of the coin (in my opinion) .... but to talk to the community about an idea for fluttercoin 2.0 so to say....
One I wish to message the community about the idea to make sure it is embraced by all (or at least the vast majority)
Secondly to ask Ofeefee if one he agrees my idea is good for the coin, and also if he could possibly work to implement it!

Lastly, my idea..... Undecided

Well the coin has been out for almost 2 and 1/2 years, and is still trading so that is good... but as more coins are created... more coins are created, if you catch my drift. To combat the inflation in the coin that we would see if this is not addressed, I suggest implementing a deflationary aspect to the POS algorithm, Basically a block having the would see the amount staked halfed in increments doubling in time after implementation.

So to put it in information that is basic and easier to understand what i mean by all this.....

Flutter pos 2.0 would start on the 1,000,000th block... starting at 2.5% (doubling in difficulty) (2.5ish years into creation)

First halfing (second really, first of flutter 2.0) block 2,000,000th... 1.25%(doubling in difficulty) (2.5 years later)
(3,000,000th block... this is when the doubling in time will first be noticed as 1.25% will continue till the 4,000,000th block)
2nd halfing block 4,000,000th .... 0.625%(*******) (5 years after that)

3rd halfing block 8,000,000th ...... 0.3125% (10 years after)

4th halfing block 16,000,000th ..... 0.15625% (20 years after)

5th halfing block 32,000,000th ..... 0.078125% (40 years after) (this would be 80 years after the first coin was minted roughly)
And so on

Please share how you all feel about this idea!? Cheesy

and I do like it and it's not incredibly aggressive, so you want to half the percentage on the schedule?
so right now it starts at 100% top annual stake if diff is low and fluctuates as the block time adjusts

1 mil block we cut it to 50%, then 25%, then on and on? So if we cut it to 50%, current rate would go from around 20% to 10%, and so on. So around block 4million it's 12.5% max rate, but it would be more like 2% annual stake. I will need to reduce the lower limit, coin was designed to produce no less than 5% annual stake, so what would lower limit be?

Getting a bit desperate, are we? You should be concerned about creating some use cases for this coin not about the supply... Only reason some people were holding this was because it gave good pos awards.