Re: [ANN] [ZEIT] ★ZeitCoin★ COMMUNITY [FULLY POS | 15%] [ZEIT KNIGHTS]
Cool Changes, If the Community Decides to become an Ultra Low Inflation Coin.
Here are the Software Changes that are required if the Community Votes to go Ultra Low Inflation.
1. Interest rate change to 0.0005% (0.000005) per year, that would leave us only gaining ~ 180,000 new coins per year . (Thanks to Fred for the % recommendation)
(Price per coin will rise.)
2. Minimum Stake Age Changed to 1 Day (This will allow coins to be staked faster, so more coins will be defending our network security, Difficulty Increase)
(Major increase in Our Network Security)
3. Blocks no longer Split after staking, stake amount just adds to the block amount. (Recombining smaller blocks will no longer be necessary)
(Meaning you can keep Larger amounts in fewer Blocks and use less resources.)
1. Interest rate change to 0.0005% (0.000005) per year, that would leave us only gaining ~ 180,000 new coins per year . (Thanks to Fred for the % recommendation)
(Price per coin will rise.)
2. Minimum Stake Age Changed to 1 Day (This will allow coins to be staked faster, so more coins will be defending our network security, Difficulty Increase)
(Major increase in Our Network Security)
3. Blocks no longer Split after staking, stake amount just adds to the block amount. (Recombining smaller blocks will no longer be necessary)
(Meaning you can keep Larger amounts in fewer Blocks and use less resources.)