Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MAST] MastCoin | CoinRecycler | ANON | New development roadmap
by
cryptomass
on 14/07/2014, 19:20:33 UTC
A second PoW period is still under discussion, but it does appear to be the best available solution to growing the MastCoin community, barring a substantial change in the current situation. Keep in mind that if adding a second PoW period increases the size and involvement of the community, it likely will increase the value of each coin, regardless of any increase in the total number of coins.

One solution to reducing any potential impact from increasing the number of coins would be to keep the total number roughly the same by lowering the PoS interest percentage to compensate.

My initial guess would be that if there was a second PoW period, it would not have SuperBlocks, and it would take place over a longer timeframe than the first one.

what if the generation of new mast would be done only in ways different than with traditional mining?
we already have pos, pot also could be added if not too difficult to implement. this would attract merchants as well.
also as has been already proposed, there could be a bonus each time someone recycles, a por, proof of recycle.

sidenote:
i understand when dev stays away from mast for days for lack of time to spare for this project.
i would also like to be more active as mast is my favourite coin, but i am in the peak of my real life job untill the end of august so
for now i can only put little time in it.
in a few weeks i'll be more present.

mass