Quote from: costicam on July 25, 2014, 03:16:28 AM

Quote from: Infinium8 on July 24, 2014, 10:40:19 AM

Thanks!

I've sent requests on Hitbtc, Polo and Swaphole.

I have yet another idea that might be good for this coin.
The transaction fees should also increase as difficulty increases. It makes perfect sense, more hash power, more expensive transactions, since the miners put up a lot more resources to make this happen.
And I'm thinking of this because log2 increases very slowly after a while. Well at least it increases and not decreases.

Did you make any graphs on how the reward would increase as difficulty rises?

The transaction fees should increase in a more linear fashion. Say to make block reward + (average tx fees per block over the last n blocks) = a total reward that goes up more linearly. Hash power costs money so it needs to be paid for.

Once again since it's a mixing coin, it's only fair that the people mixing should be paying this fee, and the miners who provide the service should get paid.
For the end user that's mixing, it's all the same, if the miners don't get it, the traders will. Traders make it fluctuate, so the end user ends up paying exponentially more, as soon as more coins end up in the traders' wallets.
Then mining may become no longer be profitable and the coin will die, then we have to start another bubble coin, where only the early miners make some real money.

Everything you've written is correct. This is envisaged in all currencies, even in Bitcoin.

There's the mining services market. Some miners are greedy and want to get as big a reward as possible. So they choose transactions which maximizes their incomes. Miners receive only the fee from transactions, which means that they maximize the amount of the fee. If mining stops being profitable, they will start accepting transactions with a large fee.

The decision is within the responsibility of the miners community. Also, if only a half of the miners accept this decision, this will decrease the speed of cheap transactions. I think it's too early to make such decisions.