This is what I understand and I guess you help me with these points.
If I tithe x amount, there is no guarantee on:
1) How much I will be paid
(depends on how much others tithed in the block my tithe was put into - not predictable)
2) When I will be paid
(depends on which block my block is put into - not predictable )
3) If I will be paid
(assuming there are a lot of wallets tithing because of the one in 410 chance of receiving a pool reward per block - Also, what happens if a malicious actor floods the pool with small tithes from multiple wallets?)
Additionally, I can tithe the same everyday and will receive very different rewards (depending on how much others tithe and the block my tithe is put into).
Am I guaranteed to receive more than what I am tithing under any circumstances. (For example, only being able to tithe once until I receive my reward from that tithe then I can tithe that reward) or is there a risk that I will lose that money?
Did I misunderstand something? If not, I don't understand how you can tell me that it does not mean that mining using POG will be highly unpredictable based on these factors.
Concerning the extra coins, I can give you this insight as an investor. These extra coins are guaranteed to be liquidated as the foundation cannot pay its bills with it. That means a guaranteed increase of supply on the market (not the coin), without an increase of demand.
I was talking about the other features because you often talk about how our resources are limited (and I agree with that). I was just linking to that fact and saying where I think resources would be better spent. Resources spent on POG means that they can't be spent somewhere else.
I think the features/improvement mentioned in my previous post would be more effective to attract users. Wouldn't being able to see what the project is doing (supporting children, being able to write to them, etc.) directly into the wallet not be more enticing that anything else?
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Not related to the conversation but can we ask Bloom to provide some sort of invoice/written documentation? I noticed that they are the only charity we are supporting that is not doing it unless I missed it.
First of all, the pool idea was quite capable of paying exactly the owed and accrued amount - on time - and in a scalable way. The only reason I added the uncertainty principle is to prevent gaming the system on a particular exact day when the pool is empty - say for instance no one tithed, to allow one small group to tithe for a sure profit (as the predictable payment system would have resulted in a certain profit). So, we introduced a 1/410 chance of a single tithe being included in a payment block.
However, since we have 205 blocks per day, that does not mean the system is not predictable over a one week or one month span. In contrast to solo mining, where you do not know that you will solve a block in one month.
So even though you make these pointed questions as a trap, the answer is that if investor A tithed 100 bbp once, they would only have a 50% (205/410) chance of being paid THAT DAY for the tithe. However, if Investor B tithed 10 times over 10 days, they would have had 4100 chances of being paid and therefore would be paid approx 3 times (yes, this is not guaranteed in such a short example, but statistically after a month of 12,000 blocks, we are reaching a 99% certainty that one persistent tither would be paid). Meaning that Investor B would receive 3 payments (on average) in only 10 days - each of a higher value (depending on which of the 10 tithes were chosen). This effect means that the pool system does pay regularly over longer periods.
If a malicious actor floods the pool with smaller tithes, they get more frequent payments, but each tithe has only a 1/410 chance of being included, and as the wiki shows, smaller total payments pay less % than one large payment (since they lose out on the exponential weight). Its not gaming because the primary question at the beginning of the day is : Will tithing be profitable or not? The question is answered depending on how many tithes are in the pool.
So yes, if you want to participate for 30 days, you would know with relative certainty if its worth tithing each time you tithe and over the long run your results would bear that out. Its the same as our difficulty level. If the Dash difficulty drops below a certain threshhold, x11 miners jump in to try to solve a block, and pools jump in, but there is no guarantee the block will be solved - but the profitability level was enough to prompt the pool to jump in.
The only thing I agree with in your summary is the "amount" of coins that would be liquidated monthly. I am concerned that the number of coins tithed to the orphan foundation for mining should not exceed a certain threshhold. For example, maybe if we could cap that at 6 mil tithes per month, then this system wouldn't affect our mission (or stray from the fundamental percentages). I don't like the idea of liquidating more than the allocated charity budget per month in coins that were originally designated for mining.