Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FIMKrypto: NXT spinoff 30s blocks, POW-like rewards, national income *FIMK
by
xibeijan
on 08/07/2014, 22:30:28 UTC
Reward the first account whose balance is less than or equal to 1M FIM starting at block 10,000.  That's an easy way to skew the rewards toward small stakeholders.

Give 50% to account at 10,000 (likely to be large stakeholder) and 50% to first small account following block 10,000 (guaranteed to be small stakeholder).
What prevents the large stakeholders from dividing their holdings to several smaller accounts, if we start to considerably favor small accounts? The annoyance just slows them down and wastes energy.

I'm not sure how the math works, but will X amount of FIMK forge the same number of blocks split across multiple accounts as it will in a single account?

Yes, same amount. But it would require huge amounts of accounts to be generated by big account-owner, 1800 accounts for that 18 million to take it down to 10000 balance each. I would not do it if I forged millions in a year anyway.


Skewing toward small stakeholders don't work. We ran these rounds with Nxt before.
It would take me about 5 minutes to write a scrypt that can distribute my account into 10k chunks.

I seriously doubt any big stakeholder would waste time doing this.  If you really wanted to, then you could find a way to distribute to smaller stakeholders.