Quote from: jwinterm on July 18, 2014, 05:22:14 AM

Quote from: styxical on July 18, 2014, 03:48:04 AM

Quote from: odaxis on July 18, 2014, 02:03:09 AM

Quote from: styxical on July 17, 2014, 11:00:57 PM

ALL changing coin minting rate at this time will do is scare people away - including lots of your current supporters.

ppl are already scared.
just take a look at current diff and hashrate. d'u want to see it at the same rates as execoin's?
see coinedup buy orders - there are none.

I'd rather see those rates than see the coin ruined. You can recover from a bad price - you can't recover ruined trust.

I agree 100% with you styxical, but I think it's worth considering going to an exponentially decaying block reward, rather than halving every four years, if the same amount of coins are released over the same time period for the life of the coin, then it should help reduce inflation a bit immediately, but not really change anything long term.

Also, since that would require a hard fork, maybe at the same time change algorithm and possibly implement the shark bite multipool thingamajig or some variant of it, such as block maturity time rather than block reward.

Key factor in my model of inflation proposition is keeping max amount of coins unchanged.

The only difference in long term is the time period - when we will see the max amount of coins
- so the key difference between Bitcoin/Litecoin/Vertcoin and my model is:

Time period is not hardcoded.

This time is variable, matched to the current situation, let say: hardcoded is flexibility.
And flexibility is usually good thing.

If we have greater success of coin (that means: huge network hashrate growth)
- then this time period is shorter, and can be shorter,

what is key matter here, and what is already confirmed by Litecoin case.

(I agree: this future key hard fork - should carry all approved improvements together)