Quote from: Milkshake on May 13, 2013, 11:32:48 AM

Difficulty 50: 3.08 coin reward for block ID 1
> 3.08 coins per person
Difficulty 100: 5.16 coin reward for block ID 1
> 2 people, 2.58 coins per person
Difficulty 500: 21.83 coin reward for block ID 1
> 10 people, 2.18 coins per person
> Without elasticity: 0.31 coins per person

I have proposed an idea very similar to yours at
https://bitcointalk.org/index.php?topic=197449.msg2054936#msg2054936
but I don't have time to implement it.

So I am very happy to see this difficulty-related-rewards type of coin coming out with your effort and time!

Here's my several concerns, would appreciate it if you could answer them:

1. Most importantly, if the rewards are not proportional to difficulty, its not real fairness. Someone could make a fairer one and attract people mining over there. In my opinion, coin reward for block ID 1 should be equal per person regardless of difficulty. The "halved every nine months" thing is enough to constrain the inflation. Actually the inflation is decreasing every year because the estimated coins generated per year is constant.

2. Could you give the function of coin rewards vs. difficulty?

3. Difficulty Retarget time?

Other: Moore's Law says the "hashrate" will double every 18 months. But no one knows the future and many other devices might be developed to support scrypt-algo. So I think the "halved every nine months" is reasonable.

Thanks and I hope this coin to be successful!

wisscot

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