Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Q2C] QubitCoin new secure hashing (CPU/GPU) (NEW) Update 0.8.4.1
by
nymusr
on 28/03/2014, 12:56:26 UTC
Quote
lol. It's not bad. It's a low inflation coin. Less than 1% a year. The main thing is how to keep the block-chain safe with a low reward.
I think you cant... a least with a coin with 21 days cycle... in some months it will be giving 1 Q2C. Who will mine to receive $0.0004 or even $0.04?
If low diff block is in danger. If high diff no miners, no blocks, no transactions.
I think previous dev saw that... and disappeared.

Maybe increase the minimum block reward. Higher inflation but more incentive for miners.

Broadcasting checkpoints on the network (like ppcoin) can help. But that is a centralized solution.

Well... bag holders don't want to ear about reducing cycle or increase min block reward... so its a problem for sure.
Broadcasting checkpoints on network means a dev with interest to keep around for years... and that's too a problem when almost everything is mined.