Quote from: Symbiont on March 18, 2014, 12:20:12 AM

Quote from: buttonmc on March 17, 2014, 11:50:07 PM

I would suggest a decrease in half for reward paired with an increase length for block rewards:

example:

16 coins / 3 months

8 coins / 6 months

4 coins / 12 months

2 coins / 24 months

1 coin / 48 months

This will help bottle neck the high influx of coins for the short term while still preserving long term mining efforts.

I´m sorry, that doesn't work:

How about this: Add a 32 coin block reward step and it works out much better. I think this transition holds an advantage over a constant 18 month time interval for block rewards. The coin needs a well thought out bottleneck in current production that also doesn't kill mining in the future. Let's be realistic, unless smartcoin is an extremely valuable coin down the road, no one will ever mine it for a .0001 SMC block reward. Adding a 32 coin block reward in the mean time might be a good idea as well; smartcoin mining might die all together if the block reward drops to 16 at current prices.

Reward Blocks     Month     New Total
400000     1     0     400000     400000
1     2-999     0     998     400998
64     1000-111000     2     7040000     7440988
32     200000     5     6400000     13840988
16     400000    11     6400000     20240988
8     800000 23     6400000     26640988
4     1600000     47     6400000     33040988
2     3200000     95     6400000     39440988
1     6400000     191     6400000     45840988
0.5     12800000     383     6400000     52240988 * mining capped at 51.2M leaving a mining time table of ~30 years