Post
Topic
Board Announcements (Altcoins)
Re: ★★ DigiByte ★★ [DGB] A Professional Cryptocurrency ✈ Android Wallet, CoinedUp ✔
by
DigiByte
on 11/02/2014, 00:08:37 UTC
Ok here is what Goldcoin did when they lowered their block reward from 500 to 50.  A couple weeks later instant surge to the moon.  Of course it dropped back down aftwards but the new baseline was still 10-30x higher.  Mind you, this was with a coin most of the community hated.  Everyone LOVES Digibyte.



I'm up for a decrease in block rewards. Maybe 2000 or less a block?
Increasing the difficulty of obtaining DGB would certainly increase it's value. I think it would be better that way.
Also, everyone seems to want Kimoto Gravity Well, so I don't see why not. I need to look up on what exactly it does, but it seems like it makes it easier to recover from multipool attacks somehow.
We are looking into these ideas. We are also looking more into the gravity well.

Generally a hard fork and block reward change could cause much confusion among new users. Especially when a mandatory update is required.