Post
Topic
Board Announcements (Altcoins)
Re: Bottlecaps v1.5.2 Just Released Checkpoint Node New Wallet Design! Please Update
by
Sikon024
on 30/10/2013, 13:09:12 UTC
Here is a make or break proposal for CAPs:
   Make the POS equivalent to at least 30% interest per year... for the next 10 years.
   For holders it means a doubling of their position every 3 years.

I didn't agree with this idea at first because of what PoS stake interest did to CENT's price.  However i could agree with a  15-20% per year PoS generation If it required 1 year to mature.  Or possibly a graduated system where investors stake 10% the first year, 15% the next and so on.  We need to find a balance between generating long term bag holders and watering down the coin supply.  I think the annual PoS bonus may do this.

I love the name bottlecaps but I see it's up for debate due to its impression on 'traditional' investors (Disclosure: I loved the game fallout so I have a biased opinion). I think the CAP acronym is still valuable.  Just to throw out some ideas: CryptoCapitol, CryptoCAP, and CAPcurrency are some mainstream options.

A slight diff adjustment to a 5-10% higher diff per mh/s (would spoil my good mining) but also deter the autosellers.  This would prevent the current GDC situation: It is still profitable to mine and dump gdc into oblivion.

Getting CAP on another exchange or two would help attract some more needed attention too.  Of course trading options, uses and services are key.

Just my two cents...