What would people say if the emission curve was changed?
So we never change the number of total eventual coins, but the emission is tweaked slightly?
For example, if Monero had two minute blocks instead of one minutes blocks, but kept the reward the same, so that we essentially get half the release per year?
So we never change the number of total eventual coins, but the emission is tweaked slightly?
For example, if Monero had two minute blocks instead of one minutes blocks, but kept the reward the same, so that we essentially get half the release per year?
This would likely be accused of being an instamine (i.e. giving the people involved in the first month twice the number of coins, then shutting the door on everyone else).
We tried to propose some other ways of making this change early on, and it came reasonably close to happening, but it is much harder to do now.
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I don't think you can rule out that changes may
Because MRO has first mover advantage and a bigger development team we should be leading volume, hashpower and price by far, yet QCN is catching on (Has about 30% of our volume, price and hashpower) just because they do not have to endure 2.5% inflation per day.
Because MRO has first mover advantage and a bigger development team we should be leading volume, hashpower and price by far, yet QCN is catching on (Has about 30% of our volume, price and hashpower) just because they do not have to endure 2.5% inflation per day.
QCN has a high inflation rate per day as well, in fact it might be higher. This is more a function of the age of the coin than anything else, and will drop rapidly over time. So as I say with respect to solo mining, just be patient and it will work out. Seeking instant gratification rarely ends well.
