Post
Topic
Board Announcements (Altcoins)
Re: BiblePay - New Coin Launch - Official Thread
by
inblue
on 13/09/2017, 07:48:54 UTC
@bible_pay Any chance of fixing the difficulty adjustment sooner, the difficulty is increasing exponentially and block rewards are at 25% now.

No, it's better that rewards are as small as possible. Smiley Because:

At this point we are harder to mine, and have less reward per block, so the exchange being a free market should take that into account and BBP may increase in value.

Definitely understand the supply vs demand side but at the same time the difficulty bug will eventually will be fixed in few months and when its back to 20k rewards, the equation will change. Current situation is good for short time gain but in order for the coin to prolong through years it has to have consistency.

You should read the dev's post here, it certainly isn't a bug but an intended feature, only it's less than the dev imagined. TLDR: He said it will be left like that and that a slight adjustment could be made sometime in the future, if necessary. So I doubt there will be 20k rewards again.