Our block target for YAC is one minute. This would imply that there would be a maximum of 720 POS blocks per day. As YAC continues to grow, this may not offer many opportunities for people to mint their transactions. Therefore, is it possible to....
1) Mint more than one transaction at once/per block? (i.e. Five transactions of 10 YAC w/ one coin-year each, in an unlocked wallet would mint in the same block, and be returned a single transaction (50.50 YAC)
2) Increase/remove the 'coin-age' cap? (I believe transactions stop gaining 'coin-age' after 90 days)
1) Mint more than one transaction at once/per block? (i.e. Five transactions of 10 YAC w/ one coin-year each, in an unlocked wallet would mint in the same block, and be returned a single transaction (50.50 YAC)
2) Increase/remove the 'coin-age' cap? (I believe transactions stop gaining 'coin-age' after 90 days)
This would help reduce the number of PoS blocks generated by a single user and ensure they wouldn't loose any coin-age / 'interest' on their unspent transactions.
PoS target interval is 10 minutes. Setting it too low, however, would somewhat reduce the security of the network (lowering the active stake volume 10 times faster and we don't yet have enough PoS minters to negate this effect).
Problem with #1 is that it would kinda defeat the PoS minting pseudonymity if you would merge multiple addresses into one PoS block.
#2 would IMO also be bad as it would allow someone to absolutely dominate PoS minting for quite some time (as his coins would have a huge chance to be selected for PoS). You too late, you lose. 90 days is a plenty of time.
So we still think transactions will have a reasonable chance of being minted in 90 days? If so - that voids all of my concerns above.
I thought if the update prevented two POS blocks from being being consecutive, this would reduce the number of POS blocks to 720 per day. With less POS blocks, I was concerned that our transactions may sit for months (or years) before having a chance of being minted. Transactions would quickly hit their coin-age cap (90 days) and only a static few (~720) transactions would be minted each day. I have this issue with PPC - I have several transactions that haven't been minted in over a year and they are no longer gaining coin-age. They are all reasonably sized and have hundreds of coin-years in age. Never the less, they aren't minting - making them less appealing to hang on to (not to mention the full year I've wasted holding on to them). I just wanted to make sure we didn't introduce a bottleneck like this to YAC.