Really you should have a static block reward + fees, which never changes. The value of mining is determined by market worth. Coin mining would just cut off at whatever cap you want it to eventually reach. To that end, I don't think I've ever seen a coin gain 'value' by being fully mined. Usually at the end of the mine, there is a big 'boost' which is usually just a pump, and then it's all dumped and the coin fades to nothingness as they don't have anything going for them besides mining, which was driving all the interest.
I disagree about how a coin should work. I think it is vitally important that people know the total quantity of the coin, and that this quantity is final. The problem with all the fiat currencies that always end up worthless is indeed that they keep on printing more and more. If burst was one of those coins where the supply is unlimited, i would never have started mining. With the current math of burst you know that it is a store of value, that it is in a way just like holding gold. I think a reason that many people shy from most current PoS coins as they are set up, is indeed that they suck as store of value, because you need to keep your wallet open just to keep the value, otherwise you lose out fast due to interest being paid by printing more coins, and debasing all existing coins.
I know that opinions differ reg. wether a currency should be worth less and less each year, or wether it should have a fixed amount in existance, and thus be worth more and more (as at least some coins will be lost over time). - we will probably figure this one out once and for all by looking at all the altcoins and cryptos in 10 years, and do the stats on what has survived and is being used. The current stats are way in favor of coins where the total supply is fixed. This lesson seems to also have bene learned in the real world historically, where people tend to spend the bad currency and keep the good, which makes sure that the good currency keeps its price and buying power over time.
I think a lot of over emphasis is placed on 'scarcity' of a coin. A lot of coins never reach the point where scarcity actually makes it more valuable or is even a useful attribute. Even Bitcoin hasn't been fully mined yet, and when it does, the entire mining ecosystem that has been built around it will collapse, although it will definitely survive it, mining itself drives almost all coins. You can trade any coin, that doesn't mean it's worth paying attention to though. Arguably what makes Burst unique is the mining process and that pretty much alone has been driving it along (as well as the mining community that has built up around it).
The worth of a cryptocoin today I believe is definitely not based off of how many there will eventually be. There are plenty of coins that have failed while being very limited or having a extremely small mine window.
Burst could have a unlimited mine window and as long as the supply is controlled, it would still be in the same position it already is. There are very few if any coins that have been helped by making coins rare. That just kills off the mining community, which then kills off the coin. It's all about controlling supply, which was another part of what I talked about.
What do you exactly want to see? Maybe i can add it.
@whoever runs
http://burstcoin.eu/Do you think you could add the ability to sort average block time on a weekly and daily basis? Also please add the ability to break down blocktimes into smaller increments. More tools for analysis, the better.
Adding a graph like BTC wisdom, where you could see the block breakdown by days would be great.
