Quote from: no-ice-please on October 23, 2016, 04:52:50 AM

Quote from: Murch on October 22, 2016, 03:51:44 AM

Quote from: jwinterm on October 22, 2016, 03:14:21 AM

Crosspost from HUC forum:

Has there been any discussion of making the fees for hunter creation dynamic? I think there are a couple of options here:

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If you think about it, as any coin grows bigger, the mining becomes less and less accessible to the masses. We may just have to accept that this is a natural law of crypto. After discussing in that thread, I think (correct me if I'm wrong anyone) that the game wasn't necessarily meant to be profitably mined by everyone. I'm starting to think that that's not such a bad thing. It allows the devs to continue developing and provides them time to work on blockchain optimization without having to worry about sudden bloating of the size. A dominant mining operation won't kill the coin but 0 full nodes will.

As price increases vs fiat then more money is available to miners. Right now huntercoin is worth 0.02 usd or 2 u.s. cents. At that price most people in the world outside the wealthiest countries are prevented from playing. If the price were usd 1 per huntercoin it would be as it has been. Almost nobody could afford to play unless the price drops dramatically and since there is no way to predict the future price, game cost should be either dynamic, cheap or free.

You are using the phrase 'profitably mined' but the thing that huntercoin offers is 'human mining' which in crypto is going to be a tidal wave eventually, as more and more people realize that they can use the mining of a currency to motivate some human interaction with a computer. The big issue is that if the price were low enough mining farms might take over the coin in poor countries, as is happening with neucoin, which is being dominated by poor Asian workers. Huntercoin should step in front of neucoin and others in that market. The 'profitably mined' issue is trivial compared to the potential growth of the coin if it is sent wild into poor countries. A very fair coin like huntercoin, which offered practical human mining, i.e., a reasonable fee that did not exclude poor countries, would be a news event.

You completely missed the point I was trying to make. First of all, we went into far more detail about all this in the gameplay changes thread on the huntercoin forum, so take a look through that. I was also advocating for a lower cost to open it up to more people. The issue with doing so is that it would make the blockchain way too big. On the order of at least several hundred gigs eventually. And the point I was making in my post is that mining always becomes prohibitively expensive to normal people as the market cap grows. Are you sure you understand how expensive it is to mine bitcoin? or litecoin? or dogecoin? Any coin with a market cap above 1M?

It will never be possible for people in those countries to actually make a decent amount off of something like huntercoin. That's a pipe dream. Huntercoin mining is a competitive game for money. That in itself makes what you're suggesting impossible. Only way you could change that is to remove the competitive, which would be silly.

Murch

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