@DEV, can you brief this coin, it's a little hard to understand since it's different to other alt coins.
Sure!
Typically when a Coin (Let's Say Litecoin) is mined the difficulty will adjust along side the networkhashrate. Naturally, after a pre-set number of blocks the coin reward per-block will cut in half ((1/2)Subsidy * Coin). Bitcoin runs the same way; After nNumber of blocks Bitcoin's reward value(Subsidy) will be cut from 25 Coins/Block to 12.5 Coins/Block (See Bitcoin Clock:
http://bitcoinclock.com/). Most coins run this way, wheather they are SHA-256, Scrypt, Scrypt-N, etc.,.
After a while of studying how the Halving Function ((1/2)Subsidy * Coin) pitted against market exchange & trade psychology / trends, we found that during periods of Reward-Halving, there would be a strong sell-off across the scope of all exchanges. This would in turn hurt the smaller miners and profit some larger miners, but also hurt the larger miners who weren't acting 'Market Makers.'
During these terms of 1/2(Decay) we realized that the number of active miners on the network is also effected. There often is an influx on hashing power on any given coin network revving, ready, and mining for the difficulty to drastically change, and there to be a strong sell-off on the exchanges. This miner, if timed correctly, can mine what we call the difficulty / exchange arbitrage and make a decent profit. However, there are also long term miners who sit and wait out these fluctuations, almost equaling the numbers of the miner who targets these arbitrages.
To combat this issue of a highly volatile coin during Reward Halving Terms, we decided to not only smooth out the Exponential Decay Curve, but to move as close to the Natural Decay Curse as possible, thus allowing miners and targetedMining to be more profitable and more stable in the long run. There will still be trade arbitrage, but it will be much smaller. But now, we have limited the effecting variables causing this vast fluctuation in exchange rates.
To achieve this, and to achieve a near Natural Decay Curve, we have set RedOakCoin to decay 0.00016% after block #17280. This means that there will be a steep dropoff from 129.53 to 115 ROC / Block. Now, ROC will transition past original 1/2 Decay terms in a longer amount of time, thus increasing the term-length of RedOakCoin, while providing additional exchange-market price stability, and security for miners who can not profit, and get hit with lower profits due to the psychological influence of Decay-Miners.
