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Topic: RISE Community Vote for Rate of Inflation (Read 2016 times)

hero member
Activity: 882
Merit: 500
July 02, 2016, 03:06:34 PM
#30
yes im voted
legendary
Activity: 2730
Merit: 1288
I suggest deflation.

This way coins would circulate much faster since everyone would want to get rid of them.

IT would be great advantage against all competing coins.
sr. member
Activity: 448
Merit: 252
I would love to see this great new coin change. i voted yes

For fuck's sake, its not great...
legendary
Activity: 1680
Merit: 1010
Professional Native Greek Translator (2000+ done)
I would love to see this great new coin change. i voted yes
legendary
Activity: 924
Merit: 1000
I voted "Yes," apparently like everyone else who commented before me. Roll Eyes Howzabout knocking it down to Lisk's 5 per block?
sr. member
Activity: 279
Merit: 250
Yes
hero member
Activity: 700
Merit: 502
Professional translator

My proposal:

Year 1: 15 RISE per block, 115,768,000 Total coins with 15.77% annual inflation rate

Year 2: 12 RISE per block, 128,382,400 Total coins with 10.90% annual inflation rate

Year 3:   9 RISE per block, 137,843,200 Total coins with 7.37% annual inflation rate

Year 4:   6 RISE per block, 144,150,400 Total coins with 4.58% annual inflation rate

Year 5:   3 RISE per block, 147,304,000 Total coins with 2.19% annual inflation rate
full member
Activity: 616
Merit: 103
You gotta love these "well thought out" coins that need to change their specs mid-race. lol
If the dev can't even get the rewards right from the start what do you have to expect from such a project?

Trash it, there is better stuff.
hero member
Activity: 654
Merit: 545
Yes..........
 Halve the inflation.
legendary
Activity: 1260
Merit: 1046
YES :-)

Halve the current inflation.
hero member
Activity: 506
Merit: 510
Yes.

is too high!!!
sr. member
Activity: 448
Merit: 252
To Change or Not to Change the Rise Block Reward?

After concerns that the block reward is too high there is a chance to lower it if a large majority think it's worth doing.

To start with we'll run a yes or no poll for 2 weeks, if the Yes vote wins, we'll look at what the block reward should be changed to in round 2 of voting. If the majority is a No vote then block reward will remain the same.

Rise team would like to know what the community thinks about the current block reward which is set at 15 Rise per block.

At the moment it works out in the following way.

15 Rise per 30 seconds are forged.
30 Rise per minute
1800 Rise per hour
43200 Rise per day
15768000 Rise per year


Over the next 10 years Rise has the following rate of inflation.


Year 1: 115,768,000 Total coins with 15.76% annual inflation rate

Year 2: 131,536,000 Total coins with 13.62% annual inflation rate

Year 3: 147,304,000 Total coins with 11.98% annual inflation rate

Year 4: 163,072,000 Total coins with 10.74% annual inflation rate

Year 5: 178,884,000 Total coins with 9.67% annual inflation rate

Year 6: 194,608,000 Total coins with 8.81% annual inflation rate

Year 7: 210,376,000 Total coins with 8.10% annual inflation rate

Year 8: 226,144,000 Total coins with 7.49% annual inflation rate

Year 9: 241,912,000 Total coins with 6.97% annual inflation rate

Year 10: 257,680,000 Total coins with 6.51% annual inflation rate


Please vote Yes or No if you would like to see the Rise inflation rate changed!



Why are we voting on a message board? Most people here dont actually own RISE coins, why are they supposed to vote? WTF is wrong with you guys??? Just implement a friggin poll within the Rise wallet. Votes depend on the amount of RISE you actually own...

I mean; fuck off!
legendary
Activity: 1120
Merit: 1000
double the inflation rate  Roll Eyes
hero member
Activity: 1806
Merit: 515
For certain and I think they should be disabled for first 2-3 months till some development gets done.
full member
Activity: 322
Merit: 102
YES
hero member
Activity: 1542
Merit: 545
so leave 15 rise first year
next year 10 rise
next year 5 rise
next year 3 rise
next year 2 rise
next year 1 rise
and subsequent of the year 1 rise

No, if first year we have so high rate, without roadmap implementation, we ICO buyers will be BADGOLDERS FOREVER   Sad

I joint ICO cause I though its inflation rate is as low as other POS coins.
might
first year 10 rise
next year 5 rise
next year 3 rise
next year 2 rise
next year 1 rise
and subsequent of the year 1 rise
hero member
Activity: 728
Merit: 500
so leave 15 rise first year
next year 10 rise
next year 5 rise
next year 3 rise
next year 2 rise
next year 1 rise
and subsequent of the year 1 rise

No, if first year we have so high rate, without roadmap implementation, we ICO buyers will be BADGOLDERS FOREVER   Sad

I joint ICO cause I though its inflation rate is as low as other POS coins.
hero member
Activity: 1542
Merit: 545
so leave 15 rise first year
next year 10 rise
next year 5 rise
next year 3 rise
next year 2 rise
next year 1 rise
and subsequent of the year 1 rise
hero member
Activity: 1176
Merit: 512
Yes. Halve the inflation
full member
Activity: 136
Merit: 100
Crypt the insanity and Verge with Humanity
7.5 seems nice to all.
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