Quote from: eduffield on March 21, 2014, 04:04:49 PM

Hello everyone and happy Friday!

Anyone who's been around long enough knows nothing in Darkcoin is ever set in stone and we listen to the community. Last time we removed the block halving we received a lot of crap, here's the problems with yearly halving.

- It's too fast and could destroy the coin
- It's way too much (50% per year)
- We already have formula for controlling the supply

Problems with not having a fixed supply:

- We'll have a constant amount of inflation forever. Most of us are in the austrian camp of economics, so I'd like to fix this.

In true Darkcoin fashion, I'd like to propose a solution that no other crypto has and fixes all of the issues. A yearly reduction of supply of 20%. With this we'll hit the cap of coins near 2056. I'm guessing we'll have somewhere near 25M coins (12M minimum, 49M maximum. Depends on how many miners we attract).

Let's have a vote!

https://bitcointalk.org/index.php?topic=525093.0

Hi Everyone,

I want to give my 3 cents :

1)   Variable Rewards :
With DarkCoin there is a variable reward formula against difficulty (with a minimum of 5), so we cannot know exactly how many coins will been generated every year, worse in 5 or 10 years. Generally people don't like the "unknown". Can we find a formula that permit us to have a more controlled number of coin generated with the time? For example the range between Min and Max go from 10 to 45 million its huge. If someone ask how many coins in total? Waht to answers ? Between 10 to 45 ??

For this may be we can imagine a variable yearly reduction of the rewards? Witch depend on how many coins where generated year -1 ?

2)   Smoothly reduction :
I like the idea of a smoothly reduction : not 20% in a shot every year but something like 1% every month or even less every day. What I saw is that the market may become instable around the reduction

3)   Should we forget definitively about the 84 million initially announced?

4)   If the total coin generated is less than what announced, some people will complain again about the high % of the coin early mined / total supply.

5)   I think it should be the last modification of the reward, so we have to take a good decision all together. May be too much modification can been seen unporofesional

sorry for the english.