Quote from: Halofire on June 11, 2014, 05:54:11 PM

Quote from: btcMagnet on June 11, 2014, 05:48:07 PM

Quote from: Orangecoin on June 11, 2014, 05:33:09 PM

Orangecoin Official Masternode Specifications Presentation.

After many hours spent listening and talking to the community it is officially announced that Masternodes will pay 10% on top of the POS rate, with those coin coming from the final years from 45 down to 41.

Please view the presentation and understand we must move forward with the code.

Sry OC but my problem is... i do understand

knowing there is little hope here, i've reposted an alternate plan you may not have seen, since none of the MN-miner gang cared to comment on it (can't imagine why)
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maybe we are doing this the hard way
maybe we can install a market discovery system in the software

suppose we just charge by transaction (we have to pay for it somewhere you know).
We provide the MN clients with a bid line and maybe even a visual cue (to see other MN bids)

with bids specifying:

minimum trans charge and
% rate for trans over the minimum.

wallets could be programmed to use the lowest priced available MN.
trans traffic could be rerouted (to pay more) if availability problems arise
anxious senders could offer tips for faster service

In others words try to create conditions that allow free trade for this service, as oppose to trying to dictate parameters, which btw never works.

and we leave everything else as is.

[or maybe something like this that nails the real market,
we are getting nowhere trying to guess at it prices years from now,
hell we don't even know what it's worth today yet.
we are trail blazing here, and i think we need a whole new map]

What's the point of what I highlighted in orange if all the nodes get paid regardless whether they get used or not?

all nodes wouldn't necessarily be used, but if the low bid can't handle the traffic, the software selects the next lowest bid.

This is just a quick sketch of a plan, needs more detail im sure, but the point is we can work out something that discovers and maintains a fair market, and creates a vibrant and generously (not obscenely) paid network. so if we have to few nodes for instance, we raise the min trans rates, and then bidding takes over again.