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Title: Distribution model of coins, altcoins Post by: Ovum on March 25, 2017, 02:05:02 PM Hi,
Is there any coin with a distribution phase graph similar to logistic growth? I was thinking that would be the most reasonable approach, because in the beginning the coins do not have worth and so there's no point in securing the network, and no need for so much printing. Wouldn't that way lead to a more decentralized currency, the miners would have time to join, and less rush in the initial phase as with logarithmic distribution? If not, why not? Title: Re: Distribution model of coins, altcoins Post by: raphma on March 25, 2017, 03:32:46 PM it's getting rare these days, but yeah, we still have new coins without a big premine/instamine or something like.
but it generally have bigger rewards in the start and it slowly decrease(otherwise it would inflate till 1 satoshi and it wouldnt be interesting to miners at start). Title: Re: Distribution model of coins, altcoins Post by: monsanto on March 25, 2017, 04:08:49 PM Interesting idea, but then how are the devs gonna get all the moolah? ;)
I think maybe you're also going to have massive inflation so there would be little incentive to hold, since any holders share of the market cap would be rapidly decreasing. You'd need massive adoption to offset that. Basically anyone buying in early would be paying for all the people to join later, so there'd be little incentive to be an early adopter too. Title: Re: Distribution model of coins, altcoins Post by: maku on March 25, 2017, 04:39:09 PM It is very simple why this model of distribution is not used, because it is not viable from the economic point of view.
Launching an altcoin is all about good start, by using logistic curve patter you are preventing a good start of your coin. How would you entice people to join mining if the early adopters/people decided to trust your coin from the very start wouldn't get rewarded more? Title: Re: Distribution model of coins, altcoins Post by: Ayers on March 25, 2017, 05:11:45 PM Hi, Is there any coin with a distribution phase graph similar to logistic growth? I was thinking that would be the most reasonable approach, because in the beginning the coins do not have worth and so there's no point in securing the network, and no need for so much printing. Wouldn't that way lead to a more decentralized currency, the miners would have time to join, and less rush in the initial phase as with logarithmic distribution? If not, why not? there were some in the past with very slow inflation curve if that what you mean, but they were not good as intended because usually the interest of investors is only early, and it fade away quickly, dragging it off so much isn't good in crypto, last example was lbry, started with low reward and went very high up to 500, then again down, not really what you mean but similar yes Title: Re: Distribution model of coins, altcoins Post by: klarki on March 25, 2017, 07:40:11 PM Is such a model is not used in the Bitsend coin?
Title: Re: Distribution model of coins, altcoins Post by: Fatoshi on March 25, 2017, 08:40:12 PM Is such a model is not used in the Bitsend coin? You're probably I'm guessing trying to say something positive about Bitsend which I fully endorse but seriously try stringing words together that actually fucking mean something.....it's so much more enjoyable for the reader. Title: Re: Distribution model of coins, altcoins Post by: QUANTUM-Project on April 14, 2017, 05:14:17 PM We are proud to announce the start of the Quantum presale period. The presale will start on April 15th, 2017.
http://www.quantumproject.org/ |