Quote from: dzonikg28 on April 09, 2014, 03:10:07 PM

Quote from: keccak512 on April 09, 2014, 01:39:47 PM

Quote from: cayars on April 09, 2014, 12:06:42 PM

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.

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.

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.

Your "exhausted supplu" will be with 90% off coins mined just 4-5 months since lunch..i dont see who is that exhausted supplu ..you missing biggest oportunitu for alt coin and that is when great army of GPY miners redirect from litecoin..coin that atract that miners will be biggest alt coin...there are now gpy worth tens of milions of $ that are mining..coin that will have them will have huge invesments ..but this coin even it ahs most gpy friendly alg going for "we dont need miners" and security will be 0

The problem with the flood of GPU miners is that if they start mining at 200-600 coins/block when it drops they'll likely leave. If we can get some wider adoption (and thanks Kekkak for working on articles!) and the price does rise I don't think we'll have a big issue. The only thing that concerns me is the "network theory" that all alts, or at least most, will die and only a few will survive. I think HVC does have what it takes technically, but we need a much bigger market cap.