Quote from: coblee on October 26, 2011, 04:22:17 AM

I know the SC supporters will all come here and explain why this is a good thing. That's pretty much expected. But in the end, it doesn't really matter because we're really not arguing about the same thing. SolidCoin is not even in the same ballpark as Bitcoin/Litecoin anymore.

SolidCoin supporters already know SolidCoin is very different to other Crypto Currencies, that's kind of why we're SolidCoin supporters in the first place... Wink

I'm not going to explain why the coin generation rate change is a good thing, people will have to make up their own minds about that, although I do agree with the reasoning behind the decision.

Yes, RS & the trusted nodes do have the power to change the client and the rules around block generation and there is nothing optional about this change, as the trusted nodes will upgrade to the new client and reject blocks from the old client. Continuing to run the old client will not work, which is different to if you decided to change the rules of Litecoin or Gavin decided to change the rules of Bitcoin. In those cases, people could carry on using the old client and reject your changes. Is it good for RS and the trusted nodes to have this sort of power? That all depends how much you trust them I suppose.

As an aside, I think Litecoin is small enough for you to get away with changes like this at this point, but if Gavin tried to mess with the arbitrary constants of BitCoin I think there would be a rebellion and you'd probably end up with most people not adopting the new client.

However, I'm not here to discuss the relative merits of Bitcoin, LiteCoin and Solidcoin or even the concept of trust. I'm here to correct some errors in your assertions and other assertions in this thread:

1:The Coin rate will change "Somewhere between block 45000 and 50000", exact block to be announced later.

2: The change to block generation will not take effect in Beta 8, it will take effect in a planned future release which does not yet have a version number decided.

3: The change is not "for the next 5000 blocks", I think you are being confused by the "Between blocks 45000 and 50000" part. Once SolidCoin changes to 5SC base generation per block, it will be permanent and is highly unlikely to ever change again (although it will still be possible if need be).

Thanks as always for paying such careful and close attention to the SolidCoin project and helping us spread the news of our changes. For more information, please visit the SolidCoin Wiki:

http://wiki.solidcoin.info