History will not look back kindly at digitalcoin if the dev arbitrarily decides to reduce the block reward to increase scarcity and please investors.
I completely agree. It's already happening with WDC.
I'll be really disappointed if DGC follows suit.
^^this
The reason for doing it would be the unexpected arrival of profit switching miners and pools. This change means a large portion of the alt coin hash power are uninvolved profit seekers. When deciding on the current rate, that was not taken into consideration. These miners do not hold like regular miners do and so are having a disproportionately negative effect on the currency.
Also, I will never make an arbitrary decision over matters that affect others in the community. Voting is the common mechanism.
IMO, cutting reward by half (50%) is dangerous.
If DGC mining doesn't get profitable, lots of miners will fallback on another alt coin.
This could lead to panic selling on the currency, that will lead to even less profitability. And so on...
I think DGC (with current reward ans stales ajustment) is just as profitable as LTC (i switch my miners regularly between both currencies)
If you cut mining rewards by half, i dunno if i would continue mining DGC (even if i really believe in this coin's future !)
Well, that's just my (newbie) opinion :-)
All the best for your future projects (bank/exchange)