@Noise. Any plans for the rest of this and next year for TRK?
Currently I'm busy with other stuff but planning some kind of PR campaign for TRK soon enough.
Also I think it would be good to expand the inflation control further by lowering max stake amount cap.
Let's say change max stake amount from 200 coins to 100 coins for the next year and then set it to 50 coins forever or something like that.
Not sure yet though. What do you guys think?
200% interest will create 200% inflation unless your market/demand is 200% or better.
So long term I think we should seriously consider lowering interest.
Is there a way to adjust interest as a result of market price and /or coin supply ?
Stake reward is capped, currently max possible stake reward limited to 200 coins per block so the actual inflation for the last year was something around 130%.
I believe the best and most effective way to avoid hyperinflation and keep coin value is to keep 200% stake rate but limit max reward cap gradually in a few steps down to 50 coins per block or so.
Inflation, imho, classic inflation is years off as long as the ratio of coins being kept in one's balance for coin staking purposes remains the same, circa 90%, the last time i calculated it. Its like a voluntary lock up or burn, where the staking interest is preserved, taken off the market, not thrown back on the market, instantly, as in pow mining. I think that btc fud is the main cause of price drop, not just for Truck, but almost every alt coin and that as btc scaling settles in Truck prices will keep rising as those mbtc's being generated daily by the TruckCoin virtual generator starts to become significant coinage! I vote for doing nothing this year, just watch and if I am right Truck value will keep increasing with a healthy/healthier btc.