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Title: RISE Community Vote for Rate of Inflation Post by: Alty on July 01, 2016, 07:17:58 AM Closed and new poll started due to incorrect information.
New poll here: https://bitcointalk.org/index.php?topic=1533894.new#new (https://bitcointalk.org/index.php?topic=1533894.new#new) Title: Re: RISE Community Vote for Rate of Inflation Post by: cebb on July 01, 2016, 07:26:40 AM 15% is too high inflation rate. I havent sold my ico coins even when everyone is dumping. If the reward is going to be this high, count me out of Rise.
No clone coin has survived such high inflation rate. Title: Re: RISE Community Vote for Rate of Inflation Post by: Aetsen on July 01, 2016, 07:30:02 AM I've not really seen many talk about it, but a reward of 7.5 would be fine. Halve the inflation. Won't matter in a year anyways with the innovation of Rise the value with be much, much more than it is now.
Title: Re: RISE Community Vote for Rate of Inflation Post by: wavespump on July 01, 2016, 07:31:15 AM Since we are DPOS coin, one of POS's core concept is low inflation rate, I don't think the current inflation rate is reasonable, this high rate could kill the ICO investors, it is not fair for us. 0-1 coin per block is the reasonable.
Btw, newbie account can't vote here. :-\ :( Maybe next week I can vote here when level up Title: Re: RISE Community Vote for Rate of Inflation Post by: adamgud on July 01, 2016, 07:34:49 AM Yes. Halve the inflation.
Title: Re: RISE Community Vote for Rate of Inflation Post by: atchoum6760 on July 01, 2016, 07:40:17 AM Yes
Title: Re: RISE Community Vote for Rate of Inflation Post by: cebb on July 01, 2016, 07:48:10 AM Lisk inflation is 5 Lisks/Block.
copy pasted from Lisk ANN Page: Supply: 100 million LISK + Forging Rewards (currently 5 LISK per block) ETH inflation will reduce to 1-2% after few months. WHY DEV WANTS RISE TO HAVE 15% INFLATION RATE?? WHO BENEFITS FROM SUCH HIGH RATE? Title: Re: RISE Community Vote for Rate of Inflation Post by: Bomgkolyadun on July 01, 2016, 07:48:22 AM I vote for the decline in inflation. 5-7 RISE on block. I say yes.
Title: Re: RISE Community Vote for Rate of Inflation Post by: AMATEX on July 01, 2016, 07:49:43 AM Yes.
is too high inflation rate Title: Re: RISE Community Vote for Rate of Inflation Post by: CREATIVE_Life on July 01, 2016, 07:52:29 AM Yes. Halve the inflation. :o Title: Re: RISE Community Vote for Rate of Inflation Post by: lonerusher on July 01, 2016, 07:52:39 AM 7.5 seems nice to all.
Title: Re: RISE Community Vote for Rate of Inflation Post by: andrikerch on July 01, 2016, 07:55:46 AM Yes. Halve the inflation
Title: Re: RISE Community Vote for Rate of Inflation Post by: nik009 on July 01, 2016, 08:00:35 AM 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 Title: Re: RISE Community Vote for Rate of Inflation Post by: wavespump on July 01, 2016, 08:06:43 AM 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 :( I joint ICO cause I though its inflation rate is as low as other POS coins. Title: Re: RISE Community Vote for Rate of Inflation Post by: nik009 on July 01, 2016, 08:12:49 AM 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 :( I joint ICO cause I though its inflation rate is as low as other POS coins. 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 Title: Re: RISE Community Vote for Rate of Inflation Post by: dipkiss on July 01, 2016, 08:37:05 AM YES
Title: Re: RISE Community Vote for Rate of Inflation Post by: BoldNinja on July 01, 2016, 09:33:10 AM For certain and I think they should be disabled for first 2-3 months till some development gets done.
Title: Re: RISE Community Vote for Rate of Inflation Post by: placebo on July 01, 2016, 09:50:56 AM double the inflation rate ::)
Title: Re: RISE Community Vote for Rate of Inflation Post by: Admiral_Bit on July 01, 2016, 10:12:42 AM 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! Title: Re: RISE Community Vote for Rate of Inflation Post by: BigWait on July 01, 2016, 10:17:49 AM Yes.
is too high!!! Title: Re: RISE Community Vote for Rate of Inflation Post by: ZenFr on July 01, 2016, 10:27:15 AM YES :-)
Halve the current inflation. Title: Re: RISE Community Vote for Rate of Inflation Post by: valtin on July 01, 2016, 11:40:09 AM Yes..........
Halve the inflation. Title: Re: RISE Community Vote for Rate of Inflation Post by: a fool and his money ... on July 01, 2016, 11:48:20 AM 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. Title: Re: RISE Community Vote for Rate of Inflation Post by: BOVO on July 01, 2016, 01:00:40 PM 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 Title: Re: RISE Community Vote for Rate of Inflation Post by: Axente on July 01, 2016, 01:24:35 PM Yes
Title: Re: RISE Community Vote for Rate of Inflation Post by: Nxtblg on July 01, 2016, 03:25:48 PM I voted "Yes," apparently like everyone else who commented before me. ::) Howzabout knocking it down to Lisk's 5 per block?
Title: Re: RISE Community Vote for Rate of Inflation Post by: killerjoegreece on July 01, 2016, 03:42:31 PM I would love to see this great new coin change. i voted yes
Title: Re: RISE Community Vote for Rate of Inflation Post by: Admiral_Bit on July 01, 2016, 05:55:41 PM I would love to see this great new coin change. i voted yes For fuck's sake, its not great... Title: Re: RISE Community Vote for Rate of Inflation Post by: Febo on July 02, 2016, 09:30:24 AM 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. Title: Re: RISE Community Vote for Rate of Inflation Post by: doktor1897 on July 02, 2016, 08:06:34 PM yes im voted
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