Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [AC] Official Asia Coin Revival | Hard Fork and Voiding Pre-Mine
by
johntseng
on 06/05/2014, 14:03:49 UTC
I personally think a swift change PoS rate from 70-100% to 2-5% is not a good idea, it's a very big change for a coin and its specification. I very much prefer a more slow gradual decrease on shorter intervals (e.g. instead of jumping from 100% in year 1 to 2% in year 2, we can do a slow decrease every 1-2 months until we get to 2% within 2-3 years).

I don't think the original developer thought about the long-term PoS issues of the coin, this is evident from the code he wrote but this is something that we need to decide.

Base on your idea, I make an example here:
          171,000,000.00000000   
Y1M1   199,500,000.00000000   100% //first 2 month, 100% best to attract people to invest and hold and stabilize the price after patch.
Y1M2   226,100,000.00000000   80% //another 2 month
Y1M3   248,710,000.00000000   60% //another 2 month, till here are the first half year, and have relative better interest than next half year.
Y1M4   265,290,666.66666700   40% //another 2 month
Y1M5   278,555,200.00000000   30% //another 2 month
Y1M6   287,840,373.33333300   20% //another 2 month, end of the first year.
Y2M1   295,036,382.66666700   15% //another 2 month
Y2M2   299,953,655.71111100   10% //another 2 month
Y2M3   303,953,037.78725900   8% //another 2 month
Y2M4   306,992,568.16513200   6% //another 2 month
Y2M5   309,039,185.28623300   4% //another 2 month
Y2M6   310,584,381.21266400   3% //another 2 month
Y3   316,796,068.83691700   2% //third year starts, 2%
Y4   323,131,990.21365600   2%
Y5   329,594,630.01792900   2%
Y6   336,186,522.61828700   2%
Y7   342,910,253.07065300   2%
Y8   349,768,458.13206600   2%
Y9   356,763,827.29470700   2%
Y10   363,899,103.84060200   2%