Post
Topic
Board Announcements (Altcoins)
Re: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer
by
Murphy
on 21/07/2014, 22:34:41 UTC
https://vertcoin.org/block-maturation-vote/

Official Block maturation vote:

Increasing the block maturation period may discourage, not necessarily defeat, multipools by increasing the uncertainty of the value of each mined block. Multipools need to sell as fast as possible because its decision to mine the coin is based on the profitability. Some have cited the obvious negative of such a change would be that coins remain un-spendable for longer for everyone. Also, theoretically, if traditional pool operators decide to pay miners before the full block maturation period, it may incent people to switch away from P2P, which by its nature requires the full block maturation period as rewards are paid directly.

By how much should we increase block maturation time (if at all)?
 No change
 Add 1 day
 Add 3 days
 Add 7 days
 Add 14 days



source: http://www.reddit.com/r/vertcoin/comments/2bazva/official_block_maturation_vote/

If there's going to be a block maturation time I see no reason why we shouldn't go all out and make it 14 days for the best deterrent against multipools. Can anyone provide an argument against this?