He is asking if the Coin Generation during each round has a limit for how many rounds it will happen or if ti goes on forever.
This seems like too much of a change from what bitcoin already is, not to mention the tons of people with mining rigs and ASICs who would fight this change tooth and nail.
This seems like too much of a change from what bitcoin already is, not to mention the tons of people with mining rigs and ASICs who would fight this change tooth and nail.
Thanks wiseman, you got my question right.
I'm a little confused with the incentives for keeping participating nodes online in this new proposal. Thus my previous question.
I don't know if the proposal adopts a similar rewarding approach like BTC (using new block lottery in early stage and transaction fees after all coins are mined).
It doesn't look like there is such a thing as transaction fees in this system, so I guess they the lottery portion to go on forever? But really though, this will never get added into bitcoin itself, waaaay too different from some of the defining things of bitcoin. He might as well make an altcoin using this system.