What about PoS and
change addresses?
I hope you took care of that. I do not want to have my 20 days reset whenever I move a small sum out of my wallet.
Change: If I send, there are usually two target addresses involved. Only one of the two amounts is actually moved out of the wallet to the recipient, the other one is going straight back, into a change address in my wallet. So that 2nd sum has left the wallet yes, but only to end up in it again, within seconds. Imagine there is a 1 mio input from which I spend a 7 MINT output - that results in a second 999,993 MINT output, to my change address, so it ends up back in my wallet.
Still, I fear, the 20 days period is reset for both amounts, right?
As your wallet does not yet support
"coin control", I cannot even know which of my existing coin piles are touched. With one tx of 10 MINT, I might destroy 20 days of PoS of 20 billion coins. Am I wrong? If not:
Please hardcode that if outgoing and incoming into change addresses happens, the coin age is preserved. Or it that is not consistent, then:
I suggest, that you (a) lower the 20 days, (b) implement coin control.
Implement coin control. Lowering the 20 days is not a good idea as it is an important aspect of the coin design, security/sustainability.
So basically you want people to hord their mint coins, and not touch them for at least 20 days, to then collect some interest?
You want me to use another currency for my daily usage, and mint just for storing wealth?
I could only trust that concept, if the price of mint-to-other-currencies were not falling too much. But why wouldn't it fall? Apart from storing wealth, mint seems useless - because as soon as I move some of my coins, the 20 days are reset?
I don't see how all that could be a revolutionary new currency.
I want to be able to send and receive money, buy pizza, exchange for other currencies - and while I am not using my money, I want to collect interest for it - immediately- , and in PoS, use it for helping to secure the network.
What about the "reservebalance" command? Does that help?
What about having a clear and short manual in the next wallet version?
What about implementing a BUTTON / TAB (like for PoW mining) "open wallet for minting"
sorry if there were already answers to my earlier post, I can impossibly read all the postings of each thread that I am posting in, and bitcointalk is a really really really bad system for following up on a discussion, it's more like everyone shouting at everyone else on a marketplace, with some people hoping there is a thread of consistent discussion happening nevertheless. So please quote me then I can at least use the search function to search for "drakoin". Thx.