Proposes to create a new wallet and do reduce AWARD half after 3 months
BECAUSE
there is too much inflation in SMARTCOIN
1 month = 5 000 000 coin
6 months = 30 million / total 52 million /
6 months after award halves
which means that the next six months will dig
6-12 month = 15 million
i.e. the first year total
30 000 000 / of the first 6 months /
+
15 million / second of six months /
=
45 million / 1 year /
i.e. for 1 year will run almost all the coins ....?
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will stop inflation and will enable everyone who want to join and to mining before three months have passed .... it will not happen suddenly and is publicly and will happen after 2 months of block 200 000
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let the public to vote on whether to introduce a new wallet and reduce by half the prize of three months
What do you think
I also notice that too, I've been watching the block explorer for the past few weeks and the amount of SMC is increasing extremely fast. Making it 2-3 months wouldn't hurt. It would help push SMC value up. As reward halves sooner, amount of SMC mined starts to slow demand and being that its harder to mine, people will just buy SMC as its cheaper and hence pushing the value up making mining profitable again.
Maybe we can vote on it?
A block halving would not mean a price increase, if not, definitely not as fast as you may expect. What you can instantly expect is a huge drop in hash rate and the difficulty, making it extremely easy to perform blockchain attacks and other malicious things. Desperately halving the block rewards will only show how impatient and incapable we are in raising the price naturally.
Despite this, I'm still open to a vote.