OK guys, while I appreciate everyone sharing thoughts and ideas, I think things are getting a little of course. We have a while to discuss and debate other aspects of the way things will work, crunch numbers, etc. Right now the question at hand, the one that sparked this flurry of conversation, has seen only one person weigh in with an opinion. Let's try and stay focused. How does everyone feel about the numbers s3v3n laid out? Are you in favor, or against? Why? There are a lot of smart people in here, with a lot of good questions, and a lot of valuable insight. If we don't try to keep the conversation revolving around one specific item at a time we will just go down the rabbit hole and never come to any firm conclusions on any particular subject. Again, for the sake of steering things back on course:
As we work on the PoS implementation that is still a few months away, We have been discussing some potential numbers for the Reward values for the PoS phase. We wanted to get everyones opinions, good or bad.. In the end this is a Community Driven Coin and thats the way we want it.
So here are some possible numbers, keep in mind that these are not in concrete, and are to stimulate some discussion. after a few days of discussion, if there are not any major issues i will post it for formal vote.
If for some reason you are not in favor, please explain why you feel this way.
PoS Phase 1: (50 DNET per block) Blocks 259201 - 777600 [518400 blocks per year] 25,920,000 DNET
PoS Phase 2: (25 DNET per block) Blocks 777601 - 1296000 [518400 blocks per year] 12,960,000 DNET
PoS Phase 3: (5 DNET per block) Blocks 1296001- 1814400 [518400 blocks per year] 2,592,000 DNET
PoS Phase 4: (2.5 DNET per block) Blocks 1814401 + [518400 blocks per year] 1,296,000 per yr there after
let us know your feelings..
Food for thought, personally, I am torn. I agree that we don't want to have billions of coins in the long run, and that cutting the rewards once we hit PoS is the thing to do. My concern is that these numbers may cut them too much too fast. I can envision a scenario where as we approach the end of PoW knowing the rewards will drop many masternode owners would shut them down and cash out. Without an equally drastic rise in the price at around the same time as the drop in rewards the return from running a masternode would be dramatically reduced. Masternode owners shutting down and cashing out would cause the price to drop, further exacerbating the reduced income from owning a masternode and perpetuating the cycle. I am sure things would level out at some point, but the unpredictability and volatility would not be good for the coin as a whole.
Feel free to tell me I am thinking about it all wrong, and why. I would like to see these numbers become the ones we use for PoS. At the same time, I want it to be because it is the right thing for the long term health of DarkNet, and not just because large holders, myself included, would stand to make a quick profit.
Cheers 
) we can cut staking rewards even more in my opinion.
