Quote from: editfmah on August 30, 2018, 08:38:05 AM

Quote from: cyberspacemonkey on August 30, 2018, 08:37:31 AM

Quote from: editfmah on August 30, 2018, 08:27:52 AM

Quote from: cyberspacemonkey on August 30, 2018, 02:15:08 AM

Quote from: rgsnedds on August 28, 2018, 09:16:07 AM

Quote from: editfmah on August 28, 2018, 09:03:37 AM

So, the poll posted on Discord was as follows: (This probably isn't the best place to hold a poll but hey!)

1) Should we stick with the current Fiat style of denomination or move to satoshi style? (0.00 :thumbsup: , 0.00000000 :thumbsdown: ) ?

2) There will be another Blockchain restart, no-one will loose any tokens, does everyone understand this or will I get loads of DM's and Mentions on here (Yes I Understand :thumbsup: , no I need to be banned :smiley: :thumbsdown: )

You have to think about more than just the perceived value of what you have mined so far when thinking about the next question. Because just because something is scarce does not automatically add value, there also has to be liquidity.

People HODL'ing really hurts a currency if there is not enough to have movement on exchanges, so wanting only 10MM in circulation will kill everything flat if you want this coin to succeed. But also you do not want everything to be too numerous either.

With that in mind, would you like the economic target to be (estimated) (all at 0.00 denominations, otherwise far more tokens need to be produced :

1) 100M Veldspar (around 50M Tokens)
2) 500M Veldspar (around 250M Tokens)
3) 1BN Veldspar (you get the point)
4) 10BN, Veldspar
5) 100BN Veldspar
6) 1TN Veldspar
7) Other(edited)

Oh, i missed this?!

Is the poll still ongoing? I would vote to move to satoshi style denomination and for supply I guess I'm ok with 10BN Veldspar.

Yes it's still open until I feel everyone has had a fair say and put their positions forward. So is that 10BN + 8dp, would be 1,000,000,000,000,000,000 units. I'd hate to think about the size of the blockchain at that point. 8dp, and 100M feels more sustainable. But I will take note of your wants.

Maybe I should phrase it as how many tokens should it be likely possible to mine.

Damn, I just didn't take the blockchain size into account, what you're proposing is actually a lot more reasonable then.

Hey, i'm up for anything. I love a challenge!

After reading your Medium article, I think it actually makes more sense switching to the fiat style denomination and 100M Veldspar would be best in order to keep the blockchain size small.