Topic: [ANN] microCoin MRC - alcurEX - Scrypt-Jane - nFactor - page 41. (Read 374702 times)

Quote from: halibit on May 03, 2014, 08:32:32 AM

I can make code fix:
nSubsidy = (310000 - ((nHeight - 310000) * 0.01)) * COIN;
is not right.
What we want to be?

I have windows and linux computer ready for compile new wallets, jus give me right code.

1/ nSubsidy = (10000 - ((nHeight - 10000) * 0.01)) * COIN; if we keep 10K reward

2/ nSubsidy = (1000 - ((nHeight - 1000) * 0.01)) * COIN; if we make it 1K reward

You guys confirm ?

Don't want to quess. Are you sure about the code?

I think
nSubsidy = (310000 - ((nHeight - 10000) * 0.01)) * COIN; if we keep 10K reward

Yes right ! Sorry my bad

megog

newbie

Activity: 14

Merit: 0

Quote from: halibit on May 03, 2014, 08:32:32 AM

I can make code fix:
nSubsidy = (310000 - ((nHeight - 310000) * 0.01)) * COIN;
is not right.
What we want to be?

I have windows and linux computer ready for compile new wallets, jus give me right code.

1/ nSubsidy = (10000 - ((nHeight - 10000) * 0.01)) * COIN; if we keep 10K reward

2/ nSubsidy = (1000 - ((nHeight - 1000) * 0.01)) * COIN; if we make it 1K reward

You guys confirm ?

Don't want to quess. Are you sure about the code?

I think
nSubsidy = (310000 - ((nHeight - 10000) * 0.01)) * COIN; if we keep 10K reward

phil92

newbie

Activity: 47

Merit: 0

I can make code fix:
nSubsidy = (310000 - ((nHeight - 310000) * 0.01)) * COIN;
is not right.
What we want to be?

I have windows and linux computer ready for compile new wallets, jus give me right code.

1/ nSubsidy = (10000 - ((nHeight - 10000) * 0.01)) * COIN; if we keep 10K reward

2/ nSubsidy = (1000 - ((nHeight - 1000) * 0.01)) * COIN; if we make it 1K reward

You guys confirm ?

Don't want to quess. Are you sure about the code?

Not 100%, that's why I'm asking for other inputs

halibit

legendary

Activity: 1596

Merit: 1006

Quote from: Bansheroom on May 03, 2014, 08:29:36 AM

I can make code fix:
nSubsidy = (310000 - ((nHeight - 310000) * 0.01)) * COIN;
is not right.
What we want to be?

I have windows and linux computer ready for compile new wallets, jus give me right code.

1/ nSubsidy = (10000 - ((nHeight - 10000) * 0.01)) * COIN; if we keep 10K reward

2/ nSubsidy = (1000 - ((nHeight - 1000) * 0.01)) * COIN; if we make it 1K reward

You guys confirm ?

Don't want to quess. Are you sure about the code?

djm34

legendary

Activity: 1400

Merit: 1050

Quote from: Buratino on May 03, 2014, 08:28:11 AM

Quote from: Buratino on May 03, 2014, 08:28:11 AM

We can make hard fork with right code.
How about if we drop block reward stable 1,000 for rest of life as many asking?

+1
Seems 24 billions number of coins is enough excessive amount for circulation.

We have more tha 25 billions of coins already and yes, i vote for this solution now.

it will kill the coin
A coin is only interesting when you can get some... if nobody can't get any coin (except early adopter...) there won't be any interest in it.
(nobody will mine 1000 coin/block at 1sat... and the price won't increase fast)

Bansheroom

sr. member

Activity: 434

Merit: 250

We can make hard fork with right code.
How about if we drop block reward stable 1,000 for rest of life as many asking?

+1
Seems 24 billions number of coins is enough excessive amount for circulation.

We have more tha 25 billions of coins already and yes, i vote for this solution now.

randywald

hero member

Activity: 600

Merit: 500

What if we make reward 10,000 descending by 0.1 or 0.05 every block and not 0.01 until we reach 1,000?

phil92

newbie

Activity: 47

Merit: 0

I can make code fix:
nSubsidy = (310000 - ((nHeight - 310000) * 0.01)) * COIN;
is not right.
What we want to be?

I have windows and linux computer ready for compile new wallets, jus give me right code.

1/ nSubsidy = (10000 - ((nHeight - 10000) * 0.01)) * COIN; if we keep 10K reward

2/ nSubsidy = (1000 - ((nHeight - 1000) * 0.01)) * COIN; if we make it 1K reward

You guys confirm ?

djm34

legendary

Activity: 1400

Merit: 1050

Quote from: halibit on May 03, 2014, 08:17:06 AM

We can make hard fork with right code.
How about if we drop block reward stable 1,000 for rest of life as many asking?

It isn't (in my opinion) a good idea (as it just advantage big bag holders)
May-be once alcurex will be in business so there will be more incentive on mining MRC.
But for now it is too early and will scare away the small miners (and those having already large amount, won't see any interest in keeping mining for practically no reward).
Doing this will kill either the coin or the network (or both)

It should decrease gradually (as planed) to 1000

Bansheroom

sr. member

Activity: 434

Merit: 250

This is why that happen:
Coin is not broken, but it is not correct if there need to be count down for 0.01 steps:

Code:

else if(nHeight >= 310000) // Decreasing block size, slowing down with -0.01 steps. ** Blocks: 310001 - rest
{
nSubsidy = (310000 - ((nHeight - 310000) * 0.01)) * COIN;
if (nSubsidy <= 1000) nSubsidy = 1000; //

Actually it count down correct but not from 10,000coins, but from 310000 coins.

That means we have an unwanted dilution of 300.000 coins every 32 seconds, about 810 MILLION coins every day this is not fixed.

The question is and was: How and WHEN will this be fixed.

Buratino

legendary

Activity: 1151

Merit: 1003