can anyone help with a conf file & nodes?
thanks
thanks
Afaik you don't need the nodes at all because it's hardcoded in the new client.
But if you insist:
Code:
debug=0
server=1
daemon=1
rpcallowip=127.0.0.1
rpcallowip=192.168.0.*
rpcallowip=localhost
rpcport=41684
# RPC information
rpcuser=user
rpcpassword=pass
Just a musing on the current implementation of Slimcoin.
Based on the burn decay rate of 0.001427 / day, as we approach 1.6 million coins burnt, the rewards tends to zero as the decay rate equals reward rate. The only reward would be from fees.
At such a burn decay rate, 2342 coins will decay, which would equal the PoW generation rate if the difficulty is 10 (3.5 SLM block reward * 720 / day), which is roughly 1Ghs, thus achieving kind of an equilibrium.
It provides quite an interesting dynamic circulation ceiling which tends to 1.6 million SLMs with heavy usage, yet increases gradually to 250 million with low volume.
Based on the burn decay rate of 0.001427 / day, as we approach 1.6 million coins burnt, the rewards tends to zero as the decay rate equals reward rate. The only reward would be from fees.
At such a burn decay rate, 2342 coins will decay, which would equal the PoW generation rate if the difficulty is 10 (3.5 SLM block reward * 720 / day), which is roughly 1Ghs, thus achieving kind of an equilibrium.
It provides quite an interesting dynamic circulation ceiling which tends to 1.6 million SLMs with heavy usage, yet increases gradually to 250 million with low volume.
Quite informative, thanks a123.
