Okay. To get the balls rolling for the reduced max coin supply and/or decreasing, here are the proposals that can be voted by masternode owners.
Thanks to kokokoin for providing a template to go by. So first proposal is what kokokoin proposed. Second is a less aggressive model for variety.
Both provide at least 2.5x or 3.5x the current coin supply (respectively) at end of PoW. So it still increases by a fair bit.
Still keeping 4 more months of PoW while generating less auto-sell pressure & lessen daily inflation during PoW phase.
Feel free to vote, provide feedback and/or make proposals of your own.
They are my first attempt at proposal creation. Was a good practice.
Proposal #1
- Name: PoWRewardReduction1
- Variable PoW block reward halving every 50k blocks (approx every 34 days)
- Coin Supply During PoW Phase: 26 518 750
Blocks 1 - 59 200:
POW reward: 250 DNET
Total supply: 14 800 000
Blocks 59 201 - 109 200:
POW reward: 125 DNET
Total supply: 21 050 000
Blocks 109 201 - 159 200
POW reward: 62.5 DNET
Total supply: 24 175 000
Blocks 159 201 - 209 200:
POW reward: 31.25 DNET
Total supply: 25 735 500
Blocks 209 201 - 259 200
POW reward: 15.625 DNET
Total supply: 26 518 750
To vote in favor = "mnbudget vote f6c17c059a6cc173d13f8a851b6408e1a2129d1ced040e46c7689a0a5a9bca42 yes"
To vote against = "mnbudget vote f6c17c059a6cc173d13f8a851b6408e1a2129d1ced040e46c7689a0a5a9bca42 no"
(use 'vote-many' instead of 'vote' to vote using all your MN at once via controller wallet)
Thanks to kokokoin for providing a template to go by. So first proposal is what kokokoin proposed. Second is a less aggressive model for variety.
Both provide at least 2.5x or 3.5x the current coin supply (respectively) at end of PoW. So it still increases by a fair bit.
Still keeping 4 more months of PoW while generating less auto-sell pressure & lessen daily inflation during PoW phase.
Feel free to vote, provide feedback and/or make proposals of your own.
They are my first attempt at proposal creation. Was a good practice.
Proposal #1
- Name: PoWRewardReduction1
- Variable PoW block reward halving every 50k blocks (approx every 34 days)
- Coin Supply During PoW Phase: 26 518 750
Blocks 1 - 59 200:
POW reward: 250 DNET
Total supply: 14 800 000
Blocks 59 201 - 109 200:
POW reward: 125 DNET
Total supply: 21 050 000
Blocks 109 201 - 159 200
POW reward: 62.5 DNET
Total supply: 24 175 000
Blocks 159 201 - 209 200:
POW reward: 31.25 DNET
Total supply: 25 735 500
Blocks 209 201 - 259 200
POW reward: 15.625 DNET
Total supply: 26 518 750
To vote in favor = "mnbudget vote f6c17c059a6cc173d13f8a851b6408e1a2129d1ced040e46c7689a0a5a9bca42 yes"
To vote against = "mnbudget vote f6c17c059a6cc173d13f8a851b6408e1a2129d1ced040e46c7689a0a5a9bca42 no"
(use 'vote-many' instead of 'vote' to vote using all your MN at once via controller wallet)
Quote
"PoWRewardReduction1" : {
"Name" : "PoWRewardReduction1",
"URL" : "bitcointalk.org/index.php?topic=1262920.msg14082472#msg14082472",
"Hash" : "f6c17c059a6cc173d13f8a851b6408e1a2129d1ced040e46c7689a0a5a9bca42",
"FeeHash" : "8498541b71ca65dc7daa840c7c1f4d37e7c25c507844a3a33248ccd046cfaa6d",
"BlockStart" : 43200,
"BlockEnd" : 108000,
"TotalPaymentCount" : 1,
"RemainingPaymentCount" : 0,
"PaymentAddress" : "DMAUefC1YXGtoQDxMxTcHmf9JQUK5MLsa7",
"Ratio" : 0.00000000,
"Yeas" : 0,
"Nays" : 0,
"Abstains" : 0,
"TotalPayment" : 10.00000000,
"MonthlyPayment" : 10.00000000,
"IsEstablished" : false,
"IsValid" : true,
"IsValidReason" : "",
"fValid" : true
},
"Name" : "PoWRewardReduction1",
"URL" : "bitcointalk.org/index.php?topic=1262920.msg14082472#msg14082472",
"Hash" : "f6c17c059a6cc173d13f8a851b6408e1a2129d1ced040e46c7689a0a5a9bca42",
"FeeHash" : "8498541b71ca65dc7daa840c7c1f4d37e7c25c507844a3a33248ccd046cfaa6d",
"BlockStart" : 43200,
"BlockEnd" : 108000,
"TotalPaymentCount" : 1,
"RemainingPaymentCount" : 0,
"PaymentAddress" : "DMAUefC1YXGtoQDxMxTcHmf9JQUK5MLsa7",
"Ratio" : 0.00000000,
"Yeas" : 0,
"Nays" : 0,
"Abstains" : 0,
"TotalPayment" : 10.00000000,
"MonthlyPayment" : 10.00000000,
"IsEstablished" : false,
"IsValid" : true,
"IsValidReason" : "",
"fValid" : true
},
Proposal #2
- Name: PoWRewardReduction2
- Variable PoW block reward reducing by 50 every 50k blocks (approx every 34 days)
- Coin Supply During PoW Phase: 39 800 000
Blocks 1 - 59 200:
POW reward: 250 DNET
Total supply: 14 800 000
Blocks 59 201 - 109 200:
POW reward: 200 DNET
Total supply: 24 800 000
Blocks 109 201 - 159 200
POW reward: 150 DNET
Total supply: 32 300 000
Blocks 159 201 - 209 200:
POW reward: 100 DNET
Total supply: 37 300 000
Blocks 209 201 - 259 200
POW reward: 50 DNET
Total supply: 39 800 000
To vote in favor = "mnbudget vote ce4d6c02169d85bd86eaf7fc545c639093a0ad95891f36d0e9ce90ecc7aabff4 yes"
To vote against = "mnbudget vote ce4d6c02169d85bd86eaf7fc545c639093a0ad95891f36d0e9ce90ecc7aabff4 no"
(use 'vote-many' instead of 'vote' to vote using all your MN at once via controller wallet)
- Name: PoWRewardReduction2
- Variable PoW block reward reducing by 50 every 50k blocks (approx every 34 days)
- Coin Supply During PoW Phase: 39 800 000
Blocks 1 - 59 200:
POW reward: 250 DNET
Total supply: 14 800 000
Blocks 59 201 - 109 200:
POW reward: 200 DNET
Total supply: 24 800 000
Blocks 109 201 - 159 200
POW reward: 150 DNET
Total supply: 32 300 000
Blocks 159 201 - 209 200:
POW reward: 100 DNET
Total supply: 37 300 000
Blocks 209 201 - 259 200
POW reward: 50 DNET
Total supply: 39 800 000
To vote in favor = "mnbudget vote ce4d6c02169d85bd86eaf7fc545c639093a0ad95891f36d0e9ce90ecc7aabff4 yes"
To vote against = "mnbudget vote ce4d6c02169d85bd86eaf7fc545c639093a0ad95891f36d0e9ce90ecc7aabff4 no"
(use 'vote-many' instead of 'vote' to vote using all your MN at once via controller wallet)
Quote
"PoWRewardReduction2" : {
"Name" : "PoWRewardReduction2",
"URL" : "bitcointalk.org/index.php?topic=1262920.msg14082492#msg14082492",
"Hash" : "ce4d6c02169d85bd86eaf7fc545c639093a0ad95891f36d0e9ce90ecc7aabff4",
"FeeHash" : "9f818fb33e46ff0e0ff789f1ef677bf1302ce0e7c888ea434b54f0e8cda711c8",
"BlockStart" : 43200,
"BlockEnd" : 108000,
"TotalPaymentCount" : 1,
"RemainingPaymentCount" : 0,
"PaymentAddress" : "DMAUefC1YXGtoQDxMxTcHmf9JQUK5MLsa7",
"Ratio" : 0.00000000,
"Yeas" : 0,
"Nays" : 0,
"Abstains" : 0,
"TotalPayment" : 10.00000000,
"MonthlyPayment" : 10.00000000,
"IsEstablished" : false,
"IsValid" : true,
"IsValidReason" : "",
"fValid" : true
}
"Name" : "PoWRewardReduction2",
"URL" : "bitcointalk.org/index.php?topic=1262920.msg14082492#msg14082492",
"Hash" : "ce4d6c02169d85bd86eaf7fc545c639093a0ad95891f36d0e9ce90ecc7aabff4",
"FeeHash" : "9f818fb33e46ff0e0ff789f1ef677bf1302ce0e7c888ea434b54f0e8cda711c8",
"BlockStart" : 43200,
"BlockEnd" : 108000,
"TotalPaymentCount" : 1,
"RemainingPaymentCount" : 0,
"PaymentAddress" : "DMAUefC1YXGtoQDxMxTcHmf9JQUK5MLsa7",
"Ratio" : 0.00000000,
"Yeas" : 0,
"Nays" : 0,
"Abstains" : 0,
"TotalPayment" : 10.00000000,
"MonthlyPayment" : 10.00000000,
"IsEstablished" : false,
"IsValid" : true,
"IsValidReason" : "",
"fValid" : true
}
Thank you for going ahead and following through with submitting a proposal. It wasn't really that hard once you did it, was it?
There are a few problems I see with your proposals.
You propose to change the rewards per block at block 59200, yet don't set any type of a deadline for voting. Typically it set for you, but seeing as how you want to start the change before voting would technically be over, you should probably specify a block to be the deadline for voting.
You also intend to have the change take effect in ~10 days, I think you may need to allow more time before the change would go into effect, I would suggest allowing a week for voting and a week for the change to go into effect, at a minimum, that may even be a little quick. I can make the change in the source quickly, and put out new wallets, but everyone should be given ample opportunity to update their wallets.
With that said, again, regardless of my personal stance on your ideas, thanks for actually submitting proposals, without that type of community involvement no changes to the reward structure or anything else will help to maintain, and increase the value of DarkNet.
I mean if MasterNode reward is higher than Mining 
