Post
Topic
Board Announcements (Altcoins)
Re: CRYPTO BULLION (CBX) | Inventor of PoSP!
by
elambert
on 16/12/2016, 14:08:21 UTC
Yes we could burn it, but it will lead to less block reward

Yes, good point about block reward but even though its a smaller number, it would still be the same amount with regard to the percentage of the overall supply so really a non-issue.

If we took this path, another option to consider would be to boost the PoSP reward for a set period (1 year for example) so that the CBX removed from circulation are restored via PoSP distribution. So after the 1 year we would be back to where we are now before the burn of stolen funds at which point we could reduce the reward back to the current level.

This would be an interesting solution to the issue of the stolen CBX and would at the same time highlight CBX as people are made aware of the 1 year of higher interest...

Lets continue the discussion here and brainstorm some to create a few options for a new survey to determine a consensus strategy/plan.