Quote from: twoturtles on September 29, 2016, 06:09:37 PM

Quote from: eiskalt on September 29, 2016, 07:02:48 AM

Quote from: twoturtles on September 29, 2016, 01:38:42 AM

The next stage of updates will come in stages by order of priority/necessity to support the upcoming changes. Before we do this, there are a few details to share with you all including a few proposals:

Suggestions/feedback from the community:

1. Lower the cost of masternodes from 5000 NEOS to 3000 NEOS. This would allow for more growth and a broader distribution.
2. Increase the block reward to 2 NEOS per block, giving each MN 1 and each staker 1.

If anyone has any thoughts on the above, please feel free to share. I'll be pushing some updates soon and coordinating the fork time pending feedback on the aforementioned. Poloniex is in the works and will be gradually added into the client as well as Bleutrade. Although, I've had conflicting opinions on in-wallet trading. Some have expressed that the wallet should be without these features to allow it to focus solely on base functionality. Thoughts?

regarding 1.:
I think most people don't set up masternodes, because they have to allow incoming connections. Changing the amount of NEOS for setting up a masternode will probably not change the situation.

regarding 2.:
around 550,000 NEOS per year will be created with the current reward schedule. That is already pretty high considering the total amount of NEOS existing. Instead of increasing the supply, I would be in favour of gradually decreasing the reward (say something like halving the reward every year, or every 550,000 blocks).

regarding in-wallet trading:
probably not worth the effort. I know that I will not use it.

Just an opinion ...

... btw, I like the new POS wallet and I was positively surprised when you announced the continuation of development.

Best of luck for the future of this coin.

Regarding #2, that's an excellent idea. Every 500,000 blocks, the reward will drop by .1 for the next 5 iterations (roughly every 347 days). Thank you for that feedback, quite a few others agreed with it as do we!

Yeaa down with a gradual decrease!

I don't use the in wallet trading, perhaps its worth removing to focus on other areas?
Lowering the cost of a MN probably wont have much of an effect as it still quite a mission for the GP to get one going. Unless there is docs coming for this or a one two click kinda thing in the wallet to set one up.