According to my math, this experiment coin has now 409600% inflation per year (2^12).
And after the hard fork (250000 coins per block) the inflation rate will be less than 0.30% per year.
Typical fee is 0.01 SHND.
Total market cap 16.5 millions of dollars (8 times less than XP and 7 times less than Paccoin).
Stronghands (10 addresses) rewarded 409600% per year have now 73.4% of total supply.
Only the strongest hands prevail,...,
According to https://www.coinexchange.io/network/peers/SHND most of nodes still in 60004.
And after the hard fork (250000 coins per block) the inflation rate will be less than 0.30% per year.
Typical fee is 0.01 SHND.
Total market cap 16.5 millions of dollars (8 times less than XP and 7 times less than Paccoin).
Stronghands (10 addresses) rewarded 409600% per year have now 73.4% of total supply.
Only the strongest hands prevail,...,
According to https://www.coinexchange.io/network/peers/SHND most of nodes still in 60004.
Your theorical maths are right facts show otherwise.
After 24 days from January 11th to this day the SHND supply went from 12T to 16.11T. At a theorical 100% rate it should be 21.6T So it's only a 43% staking percentage. The hardfork isn't not much needed then.
This percentage will continue to decrease overtime due to the nature of the actual limitation of the coin. So the hardfork is even less needed.
For the guys who are asking questions about their coins in the QT wallet here is the solution. Just don't download the new version and run on the old one the hard fork will fail and you will be able to stake your coins.
One doesn't apply a hardfork on a 30 days staking coin within 15 days or so. As shown above most nodes won't update the code. The hardfork isn't mandatory at all if noone updates it.
The hard fork isn't needed.
As I said if Bumba wants to hard fork he should ask CE to create (and pay for it) a new coin and issue it for free at 1:1 conversion rate. Like it was the case for ETC/ETH or the many forks on BITCOIN.
This is the only solution that doesn't need consensus. Otherwise it's a Hijack attempt regarding the total population using this coin (wich many are not even aware of Bumba).
You are not in crypto to be forced by a minority to tell you what you are supposed to do. Act accordingly.
Bumba is still very welcome to be the dev for SHND.
It is exactly what I will do. I will not update to the new version, but keep the old wallet running instead.
The monthly 100% rate is the only interesting parameter that differs stronghands from other cryptocurrencies.
We will get new buyers only because of that interesting experiment. To change it, will make stronghands completely uninteresting.
I will stay on the old chain and not using the new wallet.
Greed punish a fool!
But you will not be able to, if in the block there is a fork, then the old algorithm will cease to operate - you will lose your coins altogether.