Quote from: nur1labs on May 01, 2018, 02:22:28 PM

Quote from: lordgoth on April 30, 2018, 03:19:30 AM

Quote from: arcmetal on April 27, 2018, 10:44:24 AM

Quote from: nur1labs on April 26, 2018, 08:41:45 AM

i wanna vote arcmetal become head of sprouts dev. he help here. japan never...im stack bilion lol....still stuck or bug when wallet open too long ~_~

Thanks, I appreciate the vote of confidence, but the solutions I had in mind for this coin may not do anything to fix it. I don't know what would fix this coin. ... To explain, the only two fixes that come to mind are:

1) forking the code to have a reduced staking reward to reduce its inflation rate, and
2) a coin swap, maybe 10,000 to 1 to reduce the total circulation.

But there are problems with both of these things, mainly psychological. Briefly:

1) "reducing the stake reward". This would fix the problem of it inflation, but its high stake reward is what people like, so the coin could slowly die from lack of interest.

2) "10,000 to 1 coin swap". This may be the best solution, since it would reduce the circulation, and if the staking reward is left alone, it would give people a new start with the coin, and it would still be popular. But there are downsides. I just witnessed what happened to paccoin. They have a 1,000 to 1 swap happening now. You'd expect its value to remain, but to do so its price would have to jump up 1,000 times to what it was if its being reduced 1,000 to 1. Instead its price has gone up only 10 times, thus its value has dropped 100 times. Meaning, if your total paccoins were worth $100 before the swap, they are now worth $1. ... I can't say what will happen in a few months, but for now, its not pleasant.

So, I say, better ideas would be welcomed if they appear.

We can implement solutions that slow down the reward/supply without reducing the POS rate. Example:
- Increase the mature time ( like 1 month )
- Apply higher transferring fee ( 0.01 coin is way too low, let take 10M for 1B tranfer, I know this is the ridiculous fee, but It will burn the coin a lot. Apply the same for the minting case, if the reward is 1B, let take 10M fee. The ideal is the larger amount/reward you send/create, the fee will increase as much as possible

make fee high as possible for 1 mo then later reduce for reward PoW.

for make not inflation too high just make sure used new chain system to make implement environtment. after that remove old chain after cross chain. this~

"make fee high as possible for 1 mo" won't work. People just simply doesn't transfer anything in this 1 month. We will get "Nothing to stake" problem. Favour POW maybe the good solution but the coin won't be pure POS coin anymore and we will meet issue #1 as arcmetal mention.

If you don't want to swap/reduce the coin, the simple solution is finding way to burn it. I don't think the coin will have any real usage in the near future so high fee won't be big problem here.

Hey you can even apply fee for creating new wallet address. It will burn a lot of coin Grin