Re: ★★ DigiByte ★★ [DGB] A Professional Cryptocurrency ✈ Android Wallet, CoinedUp ✔

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.

Decreasing the block reward will make DGB more scarce and price will adjust to this. How will this help against multipools? Or am I missing somehting Tongue

The thought had nothing to do with increasing resistance from Multipool attacks Grin

I just think more people would be interested in a coin with a little bit more immediate value, and decreasing the amount you gain from mining is one of the ways to make it more valuable at a quicker pace.

Also, thanks for the response on these thoughts Digibyte. We should probably have another forum poll about all of this, let the community decide and all of that. We are still young enough for changes like this. It's good to get these things worked out sooner than later, afterall.