Quote from: Tsegicalicol on March 21, 2021, 03:08:57 PM

Quote from: Sinotek on March 20, 2021, 08:02:04 PM

Quote from: Protwoco on March 20, 2021, 06:51:51 PM

Quote from: Toldyouso on March 20, 2021, 02:28:59 PM

I was one of the few voices at the start who was against the reward change from 1000 to 100 and when they went ahead with the change Rijk never adjusted the max supply to compensate. Next year if the rewards remained the same with the 4 year halving schedule, 75% of the total supply would of been mined out.

Next year Gulden will only have 35% of the total supply mined out and a long way to go before 75% is achieved. This scares off investors.

To correct the situation the total supply needs to be adjusted to where current supply is 75% and a reward halving introduced on the 3rd April 2022 when the next reward halving was expected to take place.

Someone else in the team or community can work it out but the max supply will need to be adjusted close to 760 million to bring the initial reward structure back into balance with a reward halving starting on 3rd April 2022 and every 4 years after.

I do like your suggestion. It also gives the devs 5 years of good funding while also catering to the users and putting the blockchain in sync with where it should be with the circulation % vs Max coins.

Is this proposal worth mentioning in the #GAB channel on slack?

Seems like a reasonable thing to suggest in Slack, they’ll discuss the max supply cut for sure, I heard it’s in the list. Reward halving I’m not entirely sure.

Gulden advisory board and Rijk I can't see having an issue with the reward halving.

Look what is coming for Novo.
99% reduction in max supply
Reward halving from 0.1 to 0.05
Witness to have 75% and miners 25% of the reward.

Looks like they flexible to change.

Novo up 400% in a week after the above announced changes. Lets see what is coming for Gulden after the meeting on Wednesday this week.