IONomy 2019 Q1 Acomplishments (Milestones)
Draft version from Wild's Depot community R & D team
M1)
Used IIP 3 to flood the ION coin supply with 6M additional ION coins causing drop in value to the ION investors
Response from ionomy; 14 March 2019
ION Block Reward Revised for ION Staking wallets and Masternodes
With the implementation of an ION Improvement Proposal (IIP #3: Revised block reward schedule), the ION block reward schedule has been updated to account for a network that is larger and more active than what was envisioned when the White Paper was published in 2016.
At about the same time that the fork occurred in February of 2019, the scheduled halving from 11.5 ION per block down to 5.75 occurred as planned.
With the adoption of IIP #3, that
block reward level will be maintained for the next five years, instead of declining again in early 2020. This revision will sustain the incentive for masternodes to operate on the network. That’s important because
masternodes constitute a secondary network layer that offloads work, keeping transactions on the core ION network fast and efficient.
Rewarding masternodes optimizes current usage and prepares the network to
accommodate all the token transactions in the future.
Recommended ION Improvement Proposals that prepares for the ION network growth:IIP-WildOnION-Node-Responsibility - Implement secondary network control & limits (currently in Draft status available to public)
https://ion.community/topic/2787/ion-improvement-proposal-wildonion-node-responsibility/5IIP-Add-Developer-Assets-to-ION-Blockchain white paper (needs to be created by ION Core Team and/or PWR-GRID team)
IIP-Increase-ION-Blockchain-Reward-with-Smart-Nodes-18-coins (currently being drafted with assistance of Ionomy Founders)
https://bitcointalksearch.org/topic/m.50203837@Korvas128 It is amazing how much
shit can flow when
positive forward attitude is applied
ION Masternode count stable at 500
https://masternodes.pro/stats/ion/statistics