We are currently considering the following changes to BlueCoins economic and technical structure:
- Dropping the PoS activation to Block 50,000 lowering the initial issuance to 500 Million BLUE instead of 1 Billion.
- Changing the PoS reward to 1.5% yearly and giving the other 1.5% to the miners who opt-in to secure the network for life. Initial annual inflation rate would be roughly 15 million BLUE.
- Maintaining the X11 PoW algorithm beyond block 50,000.00 effectively making BlueCoin a hybrid PoS/PoW coin, and ensuring that the network is secured against 51% attacks.
I like everything except the PoS interest rate. You need to give people an incentive to hold the coin by raising the interest rate then slowly dropping the interest rate every year until it is say 1%. You could lower the block reward gradually to offset this.
