Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
r0ach
on 27/07/2014, 04:39:25 UTC
4. It has a novel block chain debasement (emission) schedule based on an algorithm that relates to difficulty change. I need to study this before commenting.

I don't like variable block reward based on hashrate/difficulty.  We've already seen it in Darkcoin and others before it.  It mostly serves as a pyramid scheme attribute.  If I did debasement in PoW, I would use flat 1% most likely, 2% max.  I'm not a believer in PoW anymore at all though besides it's vital need in distribution.  It's a complete dead end.  Summary of issues = the cartoon I created below: