The main point, looking at the coin’s emission, is that the coin was primarily designed to give a lot of coins to early miners. It’s main goal was not to find prime gaps for many years.
That’s fine. A lot of the coin economy is about trying to hype up things and convince people to pretend that this or that coin has some incredible value because bags shouldn’t go to waste.
I’m fine with that, and wish well for the development of gapcoin since I have a small amount. Eventually there will be a shift to genuine science coins which use taskwork by miners, and I will keep watching for that, but gapcoin is an interesting coin that may do well on its current path.
Gapcoins focus has always been prime gap discovery ... since block 1 ... that is gapcoin's Proof-of-Work functionality.
- https://github.com/gapcoin/Gapcoin-PoWCore
The emission is relative to the network difficulty (and of course the block halving). Again, ...
* Block reward proportional to the current difficulty
* Block reward halving every 420000 (about 2 years)
* Cap: about 10 - 30 million GAP
* Difficulty adjusts every block and increases logarithmically (it will probably take years to get to 50)
The economic model, in this regard, might be considered somewhat superior to Bitcoin.
Gapcoin mining, relative to Bitcoin has not even been pushed (logarithmically) much past the center of the spiral (network difficulty).
...
As with Bitcoin, don't blame the code because you didn't (or couldn't) mine from block 1.
Don't blame the market or others because you didn't (or couldn't) buy coins when the price of market was relatively low.
Don't SPNDL and complain that you didn't HODL, because trust me, no one cares! Not even 1 Satoshi.
greed != prime_gaps [citation needed !?]