Announcements (Altcoins) section of bitcointalk contains 1021 pages. Each page contains 40 topics.
Thats ~ 40 000 startups. Almost all of them failed. ~ 50 were successful. Xmr, doge, eth etc.
This site has lots of people that can do this. Server administrators. Coders. Nodes, wallets, sites of the project.
I am not good at that. I see what coin must have. And i see what must be removed.
Let's suppose we start that project. And we use Kaspa updates. They add smart contracts.
That part of update must be deleted from this new coin. No smart contracts support at all.
Hard decision? I see it right. Do you?
Common, we do nothing. They provide code. Working smart contracts update. Can you resist installing it? Because the will to reject is needed here and understanding why. I do that part for the project. Not coding and other important things. I do what i am good at.
Store of Value and Smart Contracts are different pathes. It is wrong to try to combine them in 1 blockchain. Understanding this is important and i give this and more.
This new coin will succeed by making right choices and not making wrong. Not to do wrong things is very important.
Topic: 1.5% fixed Inflationary pow kaspa fork suggestion (Read 102 times)
why don't you try it on yourself and then on other people, I actually don't really like the ideas of people like you, you only try to suggest it to other people but don't try it yourself.like a loser.
Emission schedule for new coin:
First year, each month:
150 000 000 printed for the 1 month
300 000 000 printed for the 2 month
450 000 000 printed for the 3 month
600 000 000 printed for the 4 month
750 000 000 printed for the 5 month
900 000 000 printed for the 6 month
1 050 000 000 printed for the 7 month
1 200 000 000 printed for the 8 month
1 350 000 000 printed for the 9 month
1 500 000 000 printed for the 10 month
1 650 000 000 printed for the 11 month
1 800 000 000 printed for the 12 month
Starting second year, each year:
585 000 000 printed for 2 year (5% inflation)
491 400 000 printed for 3 year (4% inflation)
383 292 000 printed for 4 year (3% inflation)
263 193 840 printed for 5 year (2% inflation)
201 343 288 printed for 6 year (1.5% inflation)
204 363 437 printed for 7 year (1.5% inflation)
207 428 888 printed for 8 year (1.5% inflation)
210 540 322 printed for 9 year (1.5% inflation)
213 698 427 printed for 10 year (1.5% inflation)
216 903 903 printed for 11 year (1.5% inflation)
Total supply
11 700 000 000 year 1
12 285 000 000 year 2
12 776 400 000 year 3
13 159 692 000 year 4
13 422 885 840 year 5
13 624 229 128 year 6
13 828 592 565 year 7
14 036 021 453 year 8
14 246 561 775 year 9
14 460 260 201 year 10
14 677 164 104 year 11
14 897 321 566 year 12
15 120 781 389 year 13
15 347 593 110 year 14
15 577 807 007 year 15
15 811 474 112 year 16
16 048 646 224 year 17
16 289 375 917 year 18
16 533 716 556 year 19
16 781 722 304 year 20
17 033 448 139 year 21
17 288 949 861 year 22
17 548 284 109 year 23
17 811 508 370 year 24
18 078 680 996 year 25
18 349 861 211 year 26
18 625 109 129 year 27
18 904 485 766 year 28
19 188 053 052 year 29
19 475 873 848 year 30
19 768 011 956 year 31
20 064 532 135 year 32
20 365 500 117 year 33
20 670 982 619 year 34
20 981 047 358 year 35
21 295 763 069 year 36
21 615 199 515 year 37
21 939 427 508 year 38
22 268 518 920 year 39
22 602 546 704 year 40
22 941 584 905 year 41
23 285 708 678 year 42
23 634 994 308 year 43
23 989 519 223 year 44
24 349 362 011 year 45
24 714 602 441 year 46
25 085 321 478 year 47
25 461 601 300 year 48
25 843 525 320 year 49
26 231 178 199 year 50
26 624 645 872 year 51
27 024 015 561 year 52
27 429 375 794 year 53
27 840 816 431 year 54
28 258 428 677 year 55
28 682 305 107 year 56
29 112 539 684 year 57
29 549 227 779 year 58
29 992 466 196 year 59
30 442 353 189 year 60
30 898 988 487 year 61
31 362 473 314 year 62
31 832 910 414 year 63
32 310 404 070 year 64
32 795 060 131 year 65
33 286 986 033 year 66
33 786 290 824 year 67
34 293 085 186 year 68
34 807 481 464 year 69
35 329 593 686 year 70
35 859 537 591 year 71
36 397 430 655 year 72
36 943 392 115 year 73
37 497 542 996 year 74
38 060 006 141 year 75
38 630 906 233 year 76
For the first year we do initial distribution. More each month. Miners join over time. And this becomes fair. First miners earn less. Coin is not accumulated in one hand, it is distrubuted among everyone.
By the end of first year total supply is 11.7b coins. Distributed among miners.
After this we go 5% inflation for second year, then 4% inflation third year. Till we reach target final inflation 1.5%. 6th year of the project. 1.5% inflation forever uncapped. Every 12 monthes we take total supply. Multiply it by 0.015. That is the amount we print next year. 1.5% new supply. We divide it by the numbler of blocks generated per year. And this is our block reward for the next year.
PoW and 1.5% inflation. Pure SoV. No smart contracts and other useless shit. This can not be changed.
Updates can improve protocol. We take Kaspa 1bps, we can install updated 10bps.
Every update must be voted by miners. Time to validate code. 90% vote yes - update is installed. 10% vote no - rejected.
This must be done. This is global SoV coin. Everything else is not, it will die. In order to "win" this race we need to make right decisions:
1. Positive inflation. We go 1.5%. This might be 2, 0.9. Inflation just needs to be in that range. Everything from 0.8-2 is correct. We go for 1.5%. Every other project with wrong inflation dies.
2. PoW. This is simply the right distribution. I will explain it later. Every other project loses SoV property.
3. SoV. We go for Store of Value only. We do not go NFT, Smart contracts etc. To reject false things. This is the right thing to do. Projects that go take it all will collapse.
4. Voting for every update by miners. If project has "dev team" that decides. Such projects are fake. They will die.
So as you see this coin will be global SoV. Because it has right properties. And does not have and reject wrong properties. It is important not only to do right things. But to be able to reject wrong. Wrong things lead to death. Why not go smart contracts? We add it - our blockchain increases mcap! See? Everyone will fall for this trap. And they will die. SoV does not need anything else. Value of smart contracts is useless. You will be able to use any smart contracts you wish. By paying with SoV coin. You don't need for the gold to be used as bricks in your walls or to be your food. You will pay with gold for workers and they will do the job. And you will buy products and services with gold.
First year, each month:
150 000 000 printed for the 1 month
300 000 000 printed for the 2 month
450 000 000 printed for the 3 month
600 000 000 printed for the 4 month
750 000 000 printed for the 5 month
900 000 000 printed for the 6 month
1 050 000 000 printed for the 7 month
1 200 000 000 printed for the 8 month
1 350 000 000 printed for the 9 month
1 500 000 000 printed for the 10 month
1 650 000 000 printed for the 11 month
1 800 000 000 printed for the 12 month
Starting second year, each year:
585 000 000 printed for 2 year (5% inflation)
491 400 000 printed for 3 year (4% inflation)
383 292 000 printed for 4 year (3% inflation)
263 193 840 printed for 5 year (2% inflation)
201 343 288 printed for 6 year (1.5% inflation)
204 363 437 printed for 7 year (1.5% inflation)
207 428 888 printed for 8 year (1.5% inflation)
210 540 322 printed for 9 year (1.5% inflation)
213 698 427 printed for 10 year (1.5% inflation)
216 903 903 printed for 11 year (1.5% inflation)
Total supply
11 700 000 000 year 1
12 285 000 000 year 2
12 776 400 000 year 3
13 159 692 000 year 4
13 422 885 840 year 5
13 624 229 128 year 6
13 828 592 565 year 7
14 036 021 453 year 8
14 246 561 775 year 9
14 460 260 201 year 10
14 677 164 104 year 11
14 897 321 566 year 12
15 120 781 389 year 13
15 347 593 110 year 14
15 577 807 007 year 15
15 811 474 112 year 16
16 048 646 224 year 17
16 289 375 917 year 18
16 533 716 556 year 19
16 781 722 304 year 20
17 033 448 139 year 21
17 288 949 861 year 22
17 548 284 109 year 23
17 811 508 370 year 24
18 078 680 996 year 25
18 349 861 211 year 26
18 625 109 129 year 27
18 904 485 766 year 28
19 188 053 052 year 29
19 475 873 848 year 30
19 768 011 956 year 31
20 064 532 135 year 32
20 365 500 117 year 33
20 670 982 619 year 34
20 981 047 358 year 35
21 295 763 069 year 36
21 615 199 515 year 37
21 939 427 508 year 38
22 268 518 920 year 39
22 602 546 704 year 40
22 941 584 905 year 41
23 285 708 678 year 42
23 634 994 308 year 43
23 989 519 223 year 44
24 349 362 011 year 45
24 714 602 441 year 46
25 085 321 478 year 47
25 461 601 300 year 48
25 843 525 320 year 49
26 231 178 199 year 50
26 624 645 872 year 51
27 024 015 561 year 52
27 429 375 794 year 53
27 840 816 431 year 54
28 258 428 677 year 55
28 682 305 107 year 56
29 112 539 684 year 57
29 549 227 779 year 58
29 992 466 196 year 59
30 442 353 189 year 60
30 898 988 487 year 61
31 362 473 314 year 62
31 832 910 414 year 63
32 310 404 070 year 64
32 795 060 131 year 65
33 286 986 033 year 66
33 786 290 824 year 67
34 293 085 186 year 68
34 807 481 464 year 69
35 329 593 686 year 70
35 859 537 591 year 71
36 397 430 655 year 72
36 943 392 115 year 73
37 497 542 996 year 74
38 060 006 141 year 75
38 630 906 233 year 76
For the first year we do initial distribution. More each month. Miners join over time. And this becomes fair. First miners earn less. Coin is not accumulated in one hand, it is distrubuted among everyone.
By the end of first year total supply is 11.7b coins. Distributed among miners.
After this we go 5% inflation for second year, then 4% inflation third year. Till we reach target final inflation 1.5%. 6th year of the project. 1.5% inflation forever uncapped. Every 12 monthes we take total supply. Multiply it by 0.015. That is the amount we print next year. 1.5% new supply. We divide it by the numbler of blocks generated per year. And this is our block reward for the next year.
PoW and 1.5% inflation. Pure SoV. No smart contracts and other useless shit. This can not be changed.
Updates can improve protocol. We take Kaspa 1bps, we can install updated 10bps.
Every update must be voted by miners. Time to validate code. 90% vote yes - update is installed. 10% vote no - rejected.
This must be done. This is global SoV coin. Everything else is not, it will die. In order to "win" this race we need to make right decisions:
1. Positive inflation. We go 1.5%. This might be 2, 0.9. Inflation just needs to be in that range. Everything from 0.8-2 is correct. We go for 1.5%. Every other project with wrong inflation dies.
2. PoW. This is simply the right distribution. I will explain it later. Every other project loses SoV property.
3. SoV. We go for Store of Value only. We do not go NFT, Smart contracts etc. To reject false things. This is the right thing to do. Projects that go take it all will collapse.
4. Voting for every update by miners. If project has "dev team" that decides. Such projects are fake. They will die.
So as you see this coin will be global SoV. Because it has right properties. And does not have and reject wrong properties. It is important not only to do right things. But to be able to reject wrong. Wrong things lead to death. Why not go smart contracts? We add it - our blockchain increases mcap! See? Everyone will fall for this trap. And they will die. SoV does not need anything else. Value of smart contracts is useless. You will be able to use any smart contracts you wish. By paying with SoV coin. You don't need for the gold to be used as bricks in your walls or to be your food. You will pay with gold for workers and they will do the job. And you will buy products and services with gold.
Halvings from economical point of view are nothing more than interest rate. When you read about Fed changing rate from 5.25 to 5.5. That's it. The new inflow. Printed money. Not exactly the same thing. But it's too long to explain. Lets say that interest rate is proportional to inflation and to printed money. Yes, all governments print. And conceal that fact. They print new money and pay salaries to army, teachers etc. Everything that is funded by government. Yes it is a form of tax. But we are not talking about this now.
We are talking about currency. That has interest rate schedule. It started in 2009 with ~200%. I don't know the real numbers. But lets say. Then this interest rate halves every 4 years.
Look at this chart https://charts.bitbo.io/inflation/
Such behavior is simply crazy from economical point of view. This asset dies.
No one ever consulted economists while creating artificially programmed electronic crypto currencies. You simply take from bitcoin. What you don't understand. Halvings. And then you program this code. That part you are professional. But that part that you have taken with trust. WIth faith. Is it right? You took halvings with your faith in Satoshi Nakamoto. That is a mistake. Faith is wrong. Logic is right.
All you need to do. Is to imagine different variants with gold.
1) Gold mining increases. They bring more and more from meteorites. Gold inflation goes 1.5% =>5% =>10%.
2) Gold inflation remains 1.5% for the next 100 years
3) Gold production stops. No new gold can be mined.
If you think about this. You will understand that the first case kills gold as SoV because high inflation burns all savings in gold. And people stop using it.
The third case leads to total supply of gold like in Btc. All kept in vaults. People stop using it. Because that is simply unfair to all human population. Except 100 hoarders.
And the second variant is the same thing that we have for 5000 years. That thing made Gold to be gold.
Things i tell you now are obvious for big institutional players like BlackRock etc. They have economists. They know this from the start. Yet they are silent. Economists are people. And people want to make money. And it is job of economists to make money on economically uneducated masses. If economist of a big firm sees something he doen't run and cry about it. He uses it to make money. To make money on the crowd that does not understand what he understands. That's how this profession works. No economist will ever tell you his real thoughts, only lies. There is very real reason why what i am telling you here no one tells anywhere.
Satoshi Nakamoto is an inventor. He invented new technology. But also said some wrong things. About inflation.
There is no such economical term "halving". If we look prior to 2009 such word did not exist at all. The thing i want to say is that we must separate the new technology blockchain from economical beliefs of its creator.
If someone invents electricity, a car. And he also tells you something about our world. Well that is interesting. But the first part is true - his invention. And the second one is not. It's just his beliefs
Satoshi Nakamoto said that Inflation is the source of all Evil in this world. Inflation is nor good nor bad. It's economical indicator, like temperature. It can be warm or cold. But we can't say that "temperature is bad". Satoshi proposes 0% inflation which is ... also a level of inflation.
Gold historically served as money. And gold has constant inflation 1.5%. It changes. Sometimes it's 1%. Sometimes 2%. But an average over 5000 years 1.5%.
So when fiat was created. What did they do? They made an emulation of gold. 1.5% gold inflation is nothing else but Interest rate. So they created fiat. And they print it at the rate 3-5%. That's more than gold. Some countries like Switzerland keep interest rate 1-1.5%. Like gold. Some countries keep it 0.5%. Like Japan. So what i want to tell here is that economy as science has gathered a lot of information about Interest rate. Basically low interest rate is bad. High is bad. And the gold level is perfect.
I suggest to fix mistakes that Satoshi did. Take his technology. And use it to create gold emulation coin. Fixed 1.5% inflation. Bitcoin, Eth and Kas die. From low inflation. Eth inflation is 0. Think about it. Someone has 100 000 eth in his account. And there is no production of eth. Why exactly do you need to buy it? Do you accept this system. Or do you oppose it?
All eth is already devided between hoarders. There is no new eth inflow. How can this system work as world SoV?
Think about this. Time is needed. I hope that community understands it. That SoV must be inflationary. Like gold.
Eth already has 0% inflation. And kas goes same by 2030. And btc by 2032. That's why i want you to look at eth. Because this is the future of all other crypto coins.
I want you to notice very important thing: btc and eth are not the same over time. They change.
Eth became SoV when it was inflationary PoW.
How can you prove it that PoW->PoS 1%inflation->0% inflation do not lead to big changes
You basically say that they changed everything. And nothing is gonna change. That's wrong.
The bitcoin that was in 2010 had 100% inflation. The one we have now has 1.6%. 2 different currencies.
https://charts.bitbo.io/inflation/
Don't you find it strange that Satoshi first said "inflation is the enemy". Then he built artificial currency with 100% inflation?
We are talking about currency. That has interest rate schedule. It started in 2009 with ~200%. I don't know the real numbers. But lets say. Then this interest rate halves every 4 years.
Look at this chart https://charts.bitbo.io/inflation/
Such behavior is simply crazy from economical point of view. This asset dies.
No one ever consulted economists while creating artificially programmed electronic crypto currencies. You simply take from bitcoin. What you don't understand. Halvings. And then you program this code. That part you are professional. But that part that you have taken with trust. WIth faith. Is it right? You took halvings with your faith in Satoshi Nakamoto. That is a mistake. Faith is wrong. Logic is right.
All you need to do. Is to imagine different variants with gold.
1) Gold mining increases. They bring more and more from meteorites. Gold inflation goes 1.5% =>5% =>10%.
2) Gold inflation remains 1.5% for the next 100 years
3) Gold production stops. No new gold can be mined.
If you think about this. You will understand that the first case kills gold as SoV because high inflation burns all savings in gold. And people stop using it.
The third case leads to total supply of gold like in Btc. All kept in vaults. People stop using it. Because that is simply unfair to all human population. Except 100 hoarders.
And the second variant is the same thing that we have for 5000 years. That thing made Gold to be gold.
Things i tell you now are obvious for big institutional players like BlackRock etc. They have economists. They know this from the start. Yet they are silent. Economists are people. And people want to make money. And it is job of economists to make money on economically uneducated masses. If economist of a big firm sees something he doen't run and cry about it. He uses it to make money. To make money on the crowd that does not understand what he understands. That's how this profession works. No economist will ever tell you his real thoughts, only lies. There is very real reason why what i am telling you here no one tells anywhere.
Satoshi Nakamoto is an inventor. He invented new technology. But also said some wrong things. About inflation.
There is no such economical term "halving". If we look prior to 2009 such word did not exist at all. The thing i want to say is that we must separate the new technology blockchain from economical beliefs of its creator.
If someone invents electricity, a car. And he also tells you something about our world. Well that is interesting. But the first part is true - his invention. And the second one is not. It's just his beliefs
Satoshi Nakamoto said that Inflation is the source of all Evil in this world. Inflation is nor good nor bad. It's economical indicator, like temperature. It can be warm or cold. But we can't say that "temperature is bad". Satoshi proposes 0% inflation which is ... also a level of inflation.
Gold historically served as money. And gold has constant inflation 1.5%. It changes. Sometimes it's 1%. Sometimes 2%. But an average over 5000 years 1.5%.
So when fiat was created. What did they do? They made an emulation of gold. 1.5% gold inflation is nothing else but Interest rate. So they created fiat. And they print it at the rate 3-5%. That's more than gold. Some countries like Switzerland keep interest rate 1-1.5%. Like gold. Some countries keep it 0.5%. Like Japan. So what i want to tell here is that economy as science has gathered a lot of information about Interest rate. Basically low interest rate is bad. High is bad. And the gold level is perfect.
I suggest to fix mistakes that Satoshi did. Take his technology. And use it to create gold emulation coin. Fixed 1.5% inflation. Bitcoin, Eth and Kas die. From low inflation. Eth inflation is 0. Think about it. Someone has 100 000 eth in his account. And there is no production of eth. Why exactly do you need to buy it? Do you accept this system. Or do you oppose it?
All eth is already devided between hoarders. There is no new eth inflow. How can this system work as world SoV?
Think about this. Time is needed. I hope that community understands it. That SoV must be inflationary. Like gold.
Eth already has 0% inflation. And kas goes same by 2030. And btc by 2032. That's why i want you to look at eth. Because this is the future of all other crypto coins.
I want you to notice very important thing: btc and eth are not the same over time. They change.
Eth became SoV when it was inflationary PoW.
How can you prove it that PoW->PoS 1%inflation->0% inflation do not lead to big changes
You basically say that they changed everything. And nothing is gonna change. That's wrong.
The bitcoin that was in 2010 had 100% inflation. The one we have now has 1.6%. 2 different currencies.
https://charts.bitbo.io/inflation/
Don't you find it strange that Satoshi first said "inflation is the enemy". Then he built artificial currency with 100% inflation?
The supply alone is not sufficient to create value. Let us take the example that I decided a bitcoin hardfork, so that the total supply would be reduced from 21 million Bitcoins to 10 million Bitcoins, and I decided to invest in this currency at an amount of 10 billion dollars. Will it achieve the same success and value as Bitcoin after 15 years, inevitably? no. demand is important and more important than supply. If humans find a metal that has properties like gold and a cheaper price than gold with the possibility of mining, the value of gold will decrease.
kaspa will be like other 99,999% coins that have 0 value
kaspa will be like other 99,999% coins that have 0 value
I am not talking about miners salary to keep servers up once everything is mined. I am talking about low inflation problem. Historical SoV gold is inflationary. Bitcoin works for now. Because currently btc's inflation is 1.6%. And becomes 0.8% next halving. Which is also gold level of inlation. But by the year 2032 it goes 0.2%. Project dies. Satoshi Nakamoto's idea was bright. But he was not an economist.
I want you to think. To imagine yourself in 2040. Old guys have all the bitcoin. Would you like such a currency or would you oppose it.
Lets imagine there is no more gold to mine. For how long will it keep its SoV price? Not for long. Hoarders might have it in vaults. Noone else will use it. 1.5% constant gold inflation is an important property of that metal that made it SoV voluntarily. Fiat is forced to be used. Noone forces to accept gold.
Do you really believe that once bitcoin goes 0.2% or almost no new supply. Everyone on earth will kneel to Michael Saylor and other hoarders? No. Btc will lose its SoV property. And will be dumped. Bitcoin has a programmed death. Self destruction mechanism.
I want you to think. To imagine yourself in 2040. Old guys have all the bitcoin. Would you like such a currency or would you oppose it.
Lets imagine there is no more gold to mine. For how long will it keep its SoV price? Not for long. Hoarders might have it in vaults. Noone else will use it. 1.5% constant gold inflation is an important property of that metal that made it SoV voluntarily. Fiat is forced to be used. Noone forces to accept gold.
Do you really believe that once bitcoin goes 0.2% or almost no new supply. Everyone on earth will kneel to Michael Saylor and other hoarders? No. Btc will lose its SoV property. And will be dumped. Bitcoin has a programmed death. Self destruction mechanism.
Here i want to post some of my vision of crypto currency.
The only source of value is the ability to be Store of Value (99,999% coins have 0 value)
Store of Value is created by PoW mining mechanism.
PoS is a wrong path. You earn coins by holding coins.
The best Digital SoV is the one that emulates Gold.
Gold is being used for thousands of years. Its properties are the best.
Gold has inflation ~1.5%. Miners produce each year 1.5% more than the previous year.
Inflation creates a constant supply of new gold. Punishes hoarders. Because slowly, gold in vaults inflates. And this makes it fair for the new generation to earn gold.
SoV is proportional to global GDP. Global GDP grows - the amount of gold increases. Balancing things.
Bitcoin has a decreasing inflationary model. Inflation decreases by 50% every 4 years. It will be 0.2% with a 2032 halving. In 8 years bitcoin will become almost 0% inflationary. Production of new btc will halt.
This is good for hoarders. If you have btc - good. If you don't - bad. Unfair system. People will oppose it. Btc will start to lose its SoV property. High inflation burns savings. Low and 0 inflation is good for hoarders. Gold level of inflation 1.5% is actually the best level.
Gold miners for 5000 years produce new gold. 1.5% more each year. And this is the best SoV model.
Lots of coins claim to emulate gold. Yet none of them actually do. There is no crypto coin that emulates gold.
I suggest to create PoW 1.5% fixed inflation coin. Exactly like gold. Punishes hoarders. Creates new supply. Fair to the next generations. Like gold.
So what is my suggestion? We have Kaspa. The best PoW code. Real-time pow payments. I suggest to create 1.5% fixed inflation Kaspa fork. Use Kaspa code. Install their updates. But the one thing that is different - inflation. Fixed 1.5% inflation. Kaspa. But rewards for blocks increase 1.5% each year forever. Uncapped.
Kaspa reaches 0.2% inflation by 2030. Btc by 2032. Eth is already 0% inflation. Low inflation kills all these projects. They are against people. Good for hoarders. Not fair for the new generations.
And 1.5% fixed inflation kaspa fork will become the best Store of Value + method of payment. Once it becomes obvious for masses that low inflation is bad.
I simply give my ideas. For others to use. I hope that someone here will make this fork. No premine, fair start etc.
I also recommend a fresh start. Kaspa distribution is just awful. Basically they did everything for whales and rich to get it all. Very bad. If someone is doing this. I will propose the best solution how to distribute it better. Contact me.
The only source of value is the ability to be Store of Value (99,999% coins have 0 value)
Store of Value is created by PoW mining mechanism.
PoS is a wrong path. You earn coins by holding coins.
The best Digital SoV is the one that emulates Gold.
Gold is being used for thousands of years. Its properties are the best.
Gold has inflation ~1.5%. Miners produce each year 1.5% more than the previous year.
Inflation creates a constant supply of new gold. Punishes hoarders. Because slowly, gold in vaults inflates. And this makes it fair for the new generation to earn gold.
SoV is proportional to global GDP. Global GDP grows - the amount of gold increases. Balancing things.
Bitcoin has a decreasing inflationary model. Inflation decreases by 50% every 4 years. It will be 0.2% with a 2032 halving. In 8 years bitcoin will become almost 0% inflationary. Production of new btc will halt.
This is good for hoarders. If you have btc - good. If you don't - bad. Unfair system. People will oppose it. Btc will start to lose its SoV property. High inflation burns savings. Low and 0 inflation is good for hoarders. Gold level of inflation 1.5% is actually the best level.
Gold miners for 5000 years produce new gold. 1.5% more each year. And this is the best SoV model.
Lots of coins claim to emulate gold. Yet none of them actually do. There is no crypto coin that emulates gold.
I suggest to create PoW 1.5% fixed inflation coin. Exactly like gold. Punishes hoarders. Creates new supply. Fair to the next generations. Like gold.
So what is my suggestion? We have Kaspa. The best PoW code. Real-time pow payments. I suggest to create 1.5% fixed inflation Kaspa fork. Use Kaspa code. Install their updates. But the one thing that is different - inflation. Fixed 1.5% inflation. Kaspa. But rewards for blocks increase 1.5% each year forever. Uncapped.
Kaspa reaches 0.2% inflation by 2030. Btc by 2032. Eth is already 0% inflation. Low inflation kills all these projects. They are against people. Good for hoarders. Not fair for the new generations.
And 1.5% fixed inflation kaspa fork will become the best Store of Value + method of payment. Once it becomes obvious for masses that low inflation is bad.
I simply give my ideas. For others to use. I hope that someone here will make this fork. No premine, fair start etc.
I also recommend a fresh start. Kaspa distribution is just awful. Basically they did everything for whales and rich to get it all. Very bad. If someone is doing this. I will propose the best solution how to distribute it better. Contact me.
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