Post
Topic
Board Announcements (Altcoins)
Re: [ANN] LOGICOIN [LGC] X11 PoW | Android Wallet | Merchant Friendly | No Premine
by
DarkAGeS
on 22/07/2014, 07:00:38 UTC
Considering quick & dirty subsidy fix while waiting for pulse:
When difficulty is under 50 then reward is 20
if difficulty is under 100 reward is 10
otherwise reward is 5
I am not sure about this change. You should implement it very carefully. Or may be you should not at all.
Now reward is 6.25 and have transparent schedule of changing.
You want to increase it 3 times at once (to 20), increase inflation 3 times - what is a point?
And if hashrate start to increase - reward will be halfed. This is incomprehensible for common miners.
Multipools don't care - they have automated algorithms. All coins are in the same boat regarding to multipools.
I think every stable coin shoud touch block reward and inflation changes only in special cases - we have not such situation.
Look at vertcoin - price has fallen 10 times, but devs (and vertcoin has authoritative devs) don't hurry to change inflation in spite of bugholders weeping.

Logicoin.info
please think carefully about this moment.

upd: at least don't implement this dirty fix while waiting for pulse.
Pulse is new technology and can attract new miners and investors, but dirty fix is just... dirty Smiley