the inflation will always approach 0 if the block reward is constant, but it will take very long time with a constant block reward(several decades). Does a crypto currency really need a limited number of coins to have a value?
since people is interested in buying yacoin, dogecoin and even bernankoin the answear is probably no
Topic: how large should the final block reward be compared to the initial block reward? (Read 1840 times)
December 28, 2013, 03:58:16 PM
December 28, 2013, 01:45:50 PM
with my currency the final block reward will be at least 10% of the inition
http://en.wikipedia.org/wiki/Inflation
December 28, 2013, 01:38:21 PM
with my currency the final block reward will be at least 10% of the inition
http://en.wikipedia.org/wiki/Inflation December 28, 2013, 01:36:35 PM
assuming that transaction fees get's destroid.
I am working with this coin http://odincoin.boards.net/thread/1/odincoin and i am not sure what is optimal.
most coins today uses a scheme where most coins is created within a few yars, but some coins (such as dogecoin) uses a reward that only drops to a specific value. in the case with dogecoin it's 1% of the initial block reward, but then the miners will also recieve transaction fees(i think this is the case with dogecoin) with my currency the final block reward will be at least 10% of the initial one but what do you think is optimal?
this is supposed to be a general discussion, but if it turnes out to be about my coin i will change the the title and first post.
I am working with this coin http://odincoin.boards.net/thread/1/odincoin and i am not sure what is optimal.
most coins today uses a scheme where most coins is created within a few yars, but some coins (such as dogecoin) uses a reward that only drops to a specific value. in the case with dogecoin it's 1% of the initial block reward, but then the miners will also recieve transaction fees(i think this is the case with dogecoin) with my currency the final block reward will be at least 10% of the initial one but what do you think is optimal?
this is supposed to be a general discussion, but if it turnes out to be about my coin i will change the the title and first post.
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