Post
Topic
Board Announcements (Altcoins)
Re: [GPUC] GPU Coin | GPU sale Friday~ Get a TOXIC R9 280X for $300
by
silverfern
on 31/03/2014, 21:52:56 UTC
I`ve sent mail to CEO that he didn`t reply to.. IMHO it is a technical problem with coin economy.. coin is too fast in relation to business growth.. it will even out eventually as business grows..

IMHO fast coin does not encourage miners to stay on the network to protect it over long period of time..

I agree the coin economy is misaligned with business growth at present... it's kind of a scary downwards spiral atm.

You know.. we could hard-fork this coin and reduce rewards or change rewards schedule, as needed... could still pull it off at this point given low adoption rate.  Just requires everyone to updated their clients.

 

I agree we need to do something, but others have a point about the direct market manipulation. But if it needed to be done, this is the best time. There is just too many coins available at the moment, which people can just mine and dump easily.

I don't know if it were to make a difference if we reduce the rewards, would it?