You got to do a gradual reduction of rewards, otherwise price will keep faltering.
Guess nobody is here to hear this.
Sorry I did notice your post before and meant to reply, but I never got round to it.
I disagree - for two reasons:
1. Hardforking to change the economics of the system is a terrible idea - even if miners went along with such a suggestion, it would still damage trust in the parameters of the chain - certainty is important.
2. Price isn't faltering, and even if it were, the people who are watching the price every 5 minutes are probably better off in something other than VTC. If someones primary focus is "what can I sell this for today in terms of fiat or BTC" that implies to me a fundamental preference for either fiat (in which case I have no idea why that person would be involved with cryptos) or BTC (in which case I have no idea why that person would be involved in an ASIC resistant coin). If your main interest is in mining a chain that resists ASICs because of a belief that they are bad for security, or you're invested in VTC because of the same belief, then I doubt you'd care much what the price was today.
Actually, my suggestion was to put in a gradual reduction of supply instead of halving every 4 years. The maths would be kept as such as to keep the total supply constant (similar to like, say, Worldcoin).
Anyways, with Scrypt ASICS out there and Auroracoin getting attacked, the benefits of VTC should be obvious. I just feel if VTC has a more 'modern' specs (the halving every 4 years looks archaic to me), that would be cool.
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