Post
Topic
Board Announcements (Altcoins)
Re: [RESURRECTION] Taking Beecoin to the Hive Flying!MANDATORY Client Update!
by
hacintosh
on 19/04/2014, 13:05:25 UTC
great to see soopy back....


this is what we have guys so far.... this is the final confirmation before it gets implemented... please comment if you're not sure.... then we need to push ahead.



algo = x11 +pos

block tax = 2% you,  2% bees 2% development projects.

POS = 5% first year going down to 1% following year

Block scaling = keep the same  or reduce slightly to keep POS from not pushing past 24B


The logo i think is quite individual...could take what we have and just improve it a little, but yes it does really stand out. Again can vote on that later.

This is what I feel:

algo = x11 + POS or blake256 + POS or HYBRID

block tax = 2% you,  6% GAMES AND GAMBLING,  2% development projects.

POS = 5% first year going down to 1% following year

Block scaling = keep the same  or reduce slightly

COINAGE = INCREASE TO 27BN - 30BN, SO THAT A MAJOR PART OF THE 3 - 6BN COIN INCREASE CAN FUND GAMES AND GAMBLING.

GAMES AND GAMBLING, WHICH I HAVE DISCUSSED WITH SOOPY, WOULD BE GREAT IF THEY COULD BE INCORPORATED INTO THE QT CLIENT.
If we have 3bn coins going to games that give out minimum amount of bees per game, per wallet, per day - this will be much more useful than giveaway faucets - it will force people to use the qt client, thereby securing the network. Games could attract non miners (office workers, teenagers on a train with mobile device, etc) to beecoin, but my concept could be to ensure that gamers typically earn less coins than miners, and that winnings are inversely proportional to hash power.

This is just an idea that I pointed to soopy, lets see what he has to say....


Games and gambling is good but 6%? what about the bees themselves?

Also it is good to have ROI projects to get people really invovled with things.

The increased coinage would support the large portion of coins going to games and gambling- also, a portion of the coins lost by gamblers could also be used for to support bees.

We could have, block tax = 2% DEV,  6% GAMES AND GAMBLING,  2% development projects, 2% bees

This large block tax is only good if we slightly increase coinage to 27bn.

This should be debated or challenged by other members of the thread.
That's total 12% of block tax, it's way too high. In my opinion, the total block tax should be less than 3%.
And increasing the total amount of bee coin may not be a good idea.