Re: [ANN][FLT] Fluttercoin Ƹ̵̡Ӝ̵̨̄Ʒ | Proof of Transaction 3.0 | Update v0.7.5.18
Do not change what exactly? 
We need more dialog, why do you think these changes are bad for the coin long term? The goal is to build something into this coin to help it to be a viable coin that is not just a over inflated coin that one day could become worth nothing. As with the system right now... the least amount i stake a month is not less than 2%(maybe only 1.8% sometimes) making it so i make 20% of my holdings per year, let alone if i hold them each month i will have compounding interest so in the end i would end up making even more.
This is not a good level of inflation, this type of inflation has destroyed real world currency time and time again! Why do you believe a system that has proven to fail time and time again in real world (tangible) currency is a viable system for a digital one?
While i believe that it has been good for the coin for the initial 1,000,000 blocks, as it has helped to actually give out a fair distribution of the coins without that being the initial purpose of the high inflation rate (high PoS payouts).
But, again these are just thoughts. I think its great and best for the coin to start a deflationary aspect to our PoS! Would we be first to have a PoS coin that deflates like this? I personally do not know that many PoS coins other than FLT, NXT, and Qora... but if we were the first to do that kind of PoS system it might even draw some attention towards us (not saying we would be though, i do not know) and maybe a few more developers that could help ofeefee out! and have more brains for more ideas for the coin!
And lastly maybe rebuild the awesome community that seemed to use to be here! I was not around in the glory days (the beginning)... but, I wish to build toward another glorious future!
We need more dialog, why do you think these changes are bad for the coin long term? The goal is to build something into this coin to help it to be a viable coin that is not just a over inflated coin that one day could become worth nothing. As with the system right now... the least amount i stake a month is not less than 2%(maybe only 1.8% sometimes) making it so i make 20% of my holdings per year, let alone if i hold them each month i will have compounding interest so in the end i would end up making even more.
This is not a good level of inflation, this type of inflation has destroyed real world currency time and time again! Why do you believe a system that has proven to fail time and time again in real world (tangible) currency is a viable system for a digital one?
While i believe that it has been good for the coin for the initial 1,000,000 blocks, as it has helped to actually give out a fair distribution of the coins without that being the initial purpose of the high inflation rate (high PoS payouts).
But, again these are just thoughts. I think its great and best for the coin to start a deflationary aspect to our PoS! Would we be first to have a PoS coin that deflates like this? I personally do not know that many PoS coins other than FLT, NXT, and Qora... but if we were the first to do that kind of PoS system it might even draw some attention towards us (not saying we would be though, i do not know) and maybe a few more developers that could help ofeefee out! and have more brains for more ideas for the coin!
And lastly maybe rebuild the awesome community that seemed to use to be here! I was not around in the glory days (the beginning)... but, I wish to build toward another glorious future!