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Showing 3 of 3 results by django_92
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Board Announcements (Altcoins)
Re: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★
by
django_92
on 17/08/2015, 22:32:36 UTC
I have submitted a pull request.
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Topic
Board Announcements (Altcoins)
Re: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★
by
django_92
on 16/08/2015, 11:39:09 UTC
Changing the block reward make sense because mining rewards are the incentive to mine. Viacoin changed to merged mining, now it doesnt need to compete for miners. There is plenty precedent for this, including DOGE. I would be quite happy to submit a patch if it will get some serious attention.
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Topic
Board Announcements (Altcoins)
Re: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★
by
django_92
on 14/08/2015, 22:28:46 UTC
I have a suggestion for a better block subsidy as was being discussed a few weeks ago. Sorry for lurking, but I never had anything to say before. How about introducing the more traditional block halving from a set point in the future. Something along the lines of

Code:
main.cpp:

CAmount GetBlockValue(int nHeight, const CAmount& nFees)
{
    //...
    } else if (nHeight > 1400000) {
        int halvings = nHeight / Params().SubsidyHalvingInterval(); // 675000 blocks or 6 months
        // Force block reward to zero when right shift is undefined.
        if (halvings <= 64) {
            nSubsidy = 10 * COIN;
            nSubsidy >>= halvings;
        }
    }
}
return nSubsidy + nFees;

This would reduce the block schedule significantly in about 7 months from now.