Re: [ANN][AID] AidBit | Digital-currency redefined | POW/POS | Groestl | Charity
Opinions are not equal to facts .. just look at the cold hard numbers ... 3% of the coin supply is 3% of the coin supply.
Granted, you get yours over time (which is indeed less morally apprehensive then taking it all at once at the start), but either way in the end 3% is yours.
I happen to run my own pools (at 1%) for Groestl-based coins, and this is plenty to cover the operational cost. Just put a 1-2% fee on your official pool and remove the percentage of every block. I woud not just mine but would consider hosting a pool then too.
If you really think you need 3% of your entire coin supply to cover your hosting, you do show not much trust in the potential value of your own coin or you have picked the most expensive hosting company in the world
Granted, you get yours over time (which is indeed less morally apprehensive then taking it all at once at the start), but either way in the end 3% is yours.
I happen to run my own pools (at 1%) for Groestl-based coins, and this is plenty to cover the operational cost. Just put a 1-2% fee on your official pool and remove the percentage of every block. I woud not just mine but would consider hosting a pool then too.
If you really think you need 3% of your entire coin supply to cover your hosting, you do show not much trust in the potential value of your own coin or you have picked the most expensive hosting company in the world
True, but you have to understand that we are not one man band. Also, our target audience are ordinary people and a reasonable amount of dev funds will go into marketing efforts, and not to mention all the support that will be required...
And one more thing regarding 10 percent charity funding. It is not in any way mandatory. The basic idea is that we offer ordinary people an option to help others... And as options go, you always have a choice...