Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BRO] *ICO* STARTING!! Breakout Coin |Virtual Mining Rig|CELEBRITIES|Gaming
by
myagui
on 26/10/2014, 15:56:11 UTC
Adding to my earlier post:
Since you guys are considering possibly removal of the PoW, I hope you're also evaluating different schemes that keep some duration of PoW, but with revised rewards regarding the total emission. I think that a short PoW for a (much) smaller amount of BRO, would still be beneficial towards a healthier distribution and reaching a wider audience.

Here's just an example, please don't take these numbers too seriously.
Previously: 2 year PoW, generating 7 million BRO with Bergstake.
Updated: 1 month PoW, generating 100K BRO with Bergstake.

However dramatic the change in total BRO generated by PoW, it is proportional to the initial plan, but shorted to a month's duration of PoW. It would allow for a wider audience to take part in BRO, as long as there would be pool support to distribute Bergstake to the individual miners. As stated earlier I'm happy with removing PoW entirely. I just think that we should evaluate all options.

Perhaps a vote should be called upon before completing the ICO? Could take a snapshot of investor opinions at halfway through the ICO duration, so that there's still time for others to make up their mind after a definitive plan is known.