Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [TERA PLATFORM] [DApp, PoW, CPU, 1000 TPS]
by
coloredcoin
on 07/05/2019, 07:45:08 UTC
Is there a plan to decrease the mining rewards,or pool will be dry up soon.

See news from 23.03.2019 on https://terafoundation.org:

Quote
The parametric diagram-calculator of the future new formula
https://terafoundation.org/emission.html

Params:

Point 43 - start new formula
Point 45 - approximating point
KTera multiplier in the new formula of payment of awards
Formula: One billionth of the remainder of undistributed amount of coins multiplied by constant KTera

Reward=KTera*Account0/1000000000

The reward will be reduced so that mining can be done for another 100 years. We expect feedback from users and miners to make an informed decision.

Also pls read my article:
https://medium.com/@progr76/imperative-sharding-bd65e1fa4754

If there are more blockchains inside the TERA network, the profit from merging mining will grow. Is not it?




Thanks.
My opinion is decreasing mining rewards now,and make the system more sustainable.
Another,possible to issue tokens with light wallet? or release .exe local wallet ,make run full node more easily,so this will accelerate token applications,and contribute fees to 0 pool.

About the sharding blog,it's rather promising,ethereum is at the same level about the sharding updates.