You guys are forgetting how long did take for the Ethereum to be released as it is. What if PoS takes 1 more year or it is impossible to implement in current environment? Who do you think will wait for so long? Decreasing block reward will also decrease inflation and day-by-day dumping, but it will also decrease security, which is totally unacceptable for a project who pretends to be serious.
While SHIFT core devs are working (on whatever....), the coin itself needs marketing. It's that simple.
Pretends to be serious? Sorry sir, we have different view on how things should be handled. You are not the only one who have big experience of cryptos, that i can assure you. Do not pretend to be the only one who knows how to handle SHIFT, try to stay humble, i know the SHIFT team will. By acting superior will get you no where, although i respect your advice and we will of course take it into consideration.
Humble Regards
By "pretends to be serious" I didn't mean you are not acting professional and I wasn't trying to offend you or acting like smartass. I just gave you a hint that reducing block reward
at current situation (let's face it - at the moment you guys are holding like 30% of entire supply and yet there are
no real plans (at least they were not presented in details in front of the people in here)) will be probably a coin-killer. Why? Because if you really want to play in "long term", then you must be aware that this will not affect the price of the coin in short term, because it will not create demand... it will only reduce miners, therefore security (hashrate) and interest from newcomers.
You don't care about the price and believe me -
I fully understand that, because I don't care either (for any given coin and
if there are clear plans about it's future), but this is also a business in some way. When someone create a product (or clone it... whatever - that doesn't really matter), then this guy/s must take responsibility about it's future development. If you don't have the time for other things than tech development, then you can search for guys who have the time and are willing to work
for the SHIFT itself - not about the BTC they can earn tomorrow, in one week or in 10 years (at least this is the way I see it, when people here say that they care about cryptocurrencies and are not just some mercenaries).
How about we talk about some real stuff now?
You asked if it's okay to reduce the block reward? In my eyes that means you are worried about the price, despite you are not saying it. Maybe with reducing the block reward you want to win some time and avoid a situation, in which the coin is dumped to like 10 satoshi, until you announce/launch something significant you have in mind. Maybe you really want to reduce inflation (which imho sounds unserious giving the circumstances).
With that said, I want to clarify that I am not pretending to know (or foresee) everything about SHIFT, or try to regulate your work. This is a forum, where anybody by presumption can expres his opinion. At the end, this is
your project and is up to you whether to take some opinions into consideration or accept it as trolling.
Best regards,
Spartak