Heavycoin mining will open up a new dynamic because of decentralized block reward voting. Miners who are greedy and have little stake could vote for the maximum block reward of 1024. However, this will increase the supply of Heavycoin and decrease their profits. Other miners, who are not greedy, or who already have a sufficient stake, might vote for a lower block reward -- even zero -- in order to decrease the supply and to slow the minting rate. Either way, this is going to be interesting!
Voting RPC interface:
Quote
setvote - set your block reward vote
getvote - get your current block reward vote
getmaxvote - get the maximum allowed vote for this phase
getphase - get the current voting phase name (eg. "Mint", "Limit" or "Sustain")
getsupply - get the current money supply
getreward - get the current block reward
getmaxmoney - get the maximum possible money supply
Miners should set this option to a 1024 block payout.The IPO/Premined coins have a value already of what investors paid for them. It is important to make this premined percentage as small as possible. This is possible by setting this value to 1024. This will make more money for miners as the investors will have to hold their coins for years if they want to get their investment back.This seems like good logic. +1