Quote from: FlipPro on November 11, 2011, 01:15:51 AM

Quote from: Syke on November 11, 2011, 12:21:01 AM

Quote from: FlipPro on November 10, 2011, 08:11:17 PM

Quote from: DeathAndTaxes on November 10, 2011, 07:54:42 PM

2) Your king has made sure there will be no "real millionaire" for years if not decades. So the idea that it will suddenly be decentralized in near future is false.

This is very simple. The more people sign on to the SolidCoin network, the faster the coins will inflate, and the faster we will have our first millionare.

Wrong. It doesn't matter how many people sign on to the network. There will be 5 coins generated every 2 minutes no matter how many people start using SolidCoin. A miner that maintains a massive 10% of the entire network hashpower will take 8 years to become a control node. It's highly unlikely that anyone will ever become a control node.

No you're WRONG, like the many hundreds of mis-informed FUD postings in this stupid forum.

"Another thing to remember is that with the difficulty modifier in place, it's not just "each block is worth 5SC" now. For each 100K of difficulty another 5SC is added. So at our current difficulty of 40000 an extra 40% of 5SC would be added, a block would be worth 7SC. With 5 blocks every 10 minutes, that means a total of 35SC would be generated in 10 minutes vs Bitcoins ideal of 50BTC. This is at current difficulty. As difficulty grows and we get more miners the amount of SolidCoins generated per hour will match that growth, whilst still maintaining a base cost of 10-30c of electricity to generate it."

http://solidcointalk.org/topic/375-new-economic-changes-coming-to-solidcoin/

While your are correct it is immaterial. Bitcoin doesn't have a 12M "control premine". Even if the generation rate increased by 300% to ~20SC there are only 262,800 blocks per year so that ~5M per year. To overcome the "King's blockade" would require over 2 years and this is if a single person owned every single coin. If say the richest person (er 2nd richest person behind King RealScam) had 10% of coins in circulation that would require ~120M coins. At 5M per years that is more than 2 DECADES. Also at any point in the future King RealScam could simply prohibit any new control nodes keeping absolute control into perpetuity.