Quote from: hacintosh on April 20, 2014, 02:11:59 PM

Quote from: GREEDYJOHN on April 20, 2014, 12:53:49 PM

Members were suggesting small tax with 24bn BEES - I was suggesting a larger block tax with 30bn BEES.

WE NEED SLIGHTLY MORE BEES, because we are already at 14bn+.

Even with 30bn, we may not see 22bn this year, because 30bn is to be achieved AFTER MANY YEARS OF COMPOUNDED POS.

So, even if we have 30bn, we need to make all our progress within the 14 - 22bn BEE range. We need to market BEECOIN aggressively within this range.

Soopy will soon be around, he is working hard behind the scenes.

I don't want to be rude, but please stop pushing ideas without critical proof. To plan a successful coin require a lot of understanding of game theory. Be careful trying something that may eventually back fire on ourselves.

As we all know, we currently have some issues with beecoin:
1. Most of the bees are left including the original dev.
2. The Beecoin net hash rate is very low and under frequent attack by multipools. So currently most of the coins are mined by the multipools. There are huge coins waiting to be dumped.
3. Beecoin price is very low.
4. Over 60% of beecoin have been mined.

What we need to act immediately is:
1. Change the algorithm. We need a hard fork, changing the algo from scrypt to X11 or blade256. So that we can keep the multi pools away, and avoid the incoming scrypt ASICs.
2. Change the random block rewords.
3. Adding POS.
4. Adding block tax. The tax rate is just some constant variables the bees need to decide at the last moment. But the work on the new wallet should be start right away.

As the the games or something else, these are the things that can be wait. We don't want to build the Rome city in a day.

Soopy is performing changes in 3 stages, in this order:
- Algorithm (x11 plus POS)
- Block tax
- Games

I AGREE THAT WE NEED TO CHANGE THE RANDOM BLOCK REWARDS