But the contention is that if we cap coin*age with any type of limit then it could be gamed.
Anything can be gamed, but make it hard enough and hopefully you'll get a 80/20 split (80% of people will not intentionally cheat).
"Is it better to be clubby with no users" or "be with a botnet and a lot of new users"
If you want to make it easy for people to participate, remove the barriers. New BBP member should be ready to go in less than 7 minutes after wallet download and sync. No ABN, no set up for pool mining. Provide a default biblepay.conf that has everything they need to start mining. GSC could be easier to setup too, but it'd be at the cost of other features. Documentation is good up to point, but making it so easy documentation is minimal.
Well... This is going to sound funny but I have never even known of these guides that were out there and have been part of the community for close to 4 months.
Let's put a readme.txt that points to all the relevant links. Include this in the same folder as biblepay-qt.exe is. Last part of the Windows installation is a checkbox (default on) that asks to open the readme.txt
Put FAQ items on a screen on in overview. Mining yes/no, abninfo, solo vs pool mining, hash per second, current abn weight (exec getabnweight 125000 1), etc.
Here's a sample biblepay.conf I would use.
# -------
# mining
# fill this in explaining what each settings and numbers mean
# ------
gen=1
genproclimit=-1
minersleep=325
# -----
# generic smart contract (gsc)
# -----
disablegsctransmission=1
pog_coinagepercentage=-1
pog_foundationdonation=-1
healing_coinagepercentage=-1
healing_foundationdonation=-1
cameroon-one_coinagepercentage=-1
cameroon-one_foundationdonation=-1
gscclientminerfrequency=43200
changequantity=10
I agree with everything in this post after the first sentence, I think this is a very good post and very valuable advice.
However I have a very strong disagreement with this:
Rob: But the contention is that if we cap coin*age with any type of limit then it could be gamed.
Sun: Anything can be gamed, but make it hard enough and hopefully you'll get a 80/20 split (80% of people will not intentionally cheat).
No, we cannot do that. The element that you underestimate within that logic allows one single bad actor (and they will come) to circumvent the entire reward set for all the rest, and that ends up lowering the integrity of the entire coin (and once that happens it has no value at all, and then people dont trust you).
Right now, we have fully reconcilable emissions going in a hard way to sanctuaries who provide service, to heat miners who officially mined real POBH blocks, to POOM miners who really sponsored children, and finally to POG users who really tithed. All coin*age given back is reconcilable 100%. So the environment is 100% trustworthy right now. I would never want it any other way. However, the environment has the barriers you mentioned above, and the financial entry barriers.
So another words, I assert that a coin distribution model cannot be "leaky" or "hackable" with any less than 100% integrity. Im still open to ideas for spreading the money from the rich to the poor (similar to the coin*age cap idea etc), but so far there hasnt been any.
Also, on the "anything can be gamed" comment: Not true. We cannot be gamed right now, because the model is not flawed.