How do you plan on addressing what I called the "suicide" phase?
We don't plan to address it because we do not share your doomsday opinion.
So you don't agree with the math I put forward? Then please debunk the math.
Like it or not, the current mint rate is what has been voted for. Also, we do not believe a steep decline in the block reward (if that happens) would necessarily be bad. A low block reward could detract some miners, but an exhausted supply could also put upward pressure on the price, which would serve to attract miners. No one can predict the future. There are some very successful altcoins, most notably Quark, that have undergone sharp drops in mining reward. Our view is that this factor alone does not determine the future of a coin. However, miners are free to adjust their votes according to their beliefs.
My point is the vote really has little to do with anything. It's an "illusion" of control. No matter what the vote is, the limit to sustain phrase changes so drastically in block rewards that it an of itself is a major problem.
You say "A low block reward could detract some miners". I say almost ALL miners unless the value of the coin magically jumps accordingly by 100 fold or so.
You really think an exhausted supply will put upward pressure on the price and attract more miners? Really? If a combination of the value of the coin at current time multiplied by the block reward isn't profitable enough to get miners to switch over to HVC then how will HVC attract more miners? It will take around a hundred fold increase in value of coin to make up this difference to attract miners.
So you are essentially banking the life of the coin on these premises expressed above and don't see the possibility network nodes collapsing and hash rates dropping to the point of causing security issues which will further devalue the coin?
Wrt. temporal retargeting we conducted large-scale tests and found that it works very well. We had a look at the timewarp exploit and fix. As far as we know time-warp does not impact Heavycoin. We use completely different code in this section. This does not mean that there could not be an exploit one day, but if there were, it's not the end of the world because software can be updated and further improved.
Good to know on the temporal retargeting. Thank you for taking the time to explain that.
If you don't want to discuss the issues in a logical manner, then I guess we will find out in a couple of months who is correct.
I surely wish you all the best regardless of any "tone" in any of my posts.
Carlo
Thanks for wishing us all the best mate but it seems to be a difference of opinion here, like Keccak I do not share your opinions of the coin being dead in a couple of months. You know changes will not be implemented the way you would like so maybe it is best if you stopped posting as your negativity serves no purpose.