Yeah, 5 million is WAY too low for a masternode. We have over 4 billion coins already, and we are adding 40.5 million LDOGE per day for another 15 weeks or so. Even then it will only drop down to 13.5 million LDOGE per day at block 250k. I'd vote for 25-50 million LDOGE for a masternode to be honest. Seeing as LDOGE is set to inflate at the rate of about 5 billion coins per year forever, it's not like we will be having a major shortage of coins for new masternodes.
Also, I haven't loaded up the new wallet to check out yet, but the way aquitasIJ described it was that we should be running multiple instances of the daemon for each masternode. Not trying to be a whiner, I swear, but even if the fork needs to be delayed it would be nice if it could be set up so we could do this all from the qt rather than having to run all these instances of the daemon. Props on getting this far, but I get the feeling I am not alone when I say may as well delay the masternode implementation until it's 100% perfect.
When you put it like that, the inflation does seem high.Also, I haven't loaded up the new wallet to check out yet, but the way aquitasIJ described it was that we should be running multiple instances of the daemon for each masternode. Not trying to be a whiner, I swear, but even if the fork needs to be delayed it would be nice if it could be set up so we could do this all from the qt rather than having to run all these instances of the daemon. Props on getting this far, but I get the feeling I am not alone when I say may as well delay the masternode implementation until it's 100% perfect.
What if the block reward goes down to 3k or 1k ldoge per block instead of 30k?
5 million for masternodes is a good amount though. This allows many people to make masternodes if litedoge becomes popular.
Currently 5 million is more that 0.11% of the total coins. So its not small.
I own about 38 million ldoge myself. And to me this is a huge amount! so making the masternodes 25-50 million each is really too big. 5 million is good imo. If you think about it, 5 million litedoge is a bigger % of litedoge than 100 million doge is to dogecoin.
25M is ok
