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1  Alternate cryptocurrencies / Announcements (Altcoins) / An idea for a zcash fork on: April 25, 2017, 04:14:34 PM
I would like to see another zcash fork, it should have segwit from day 0 and the following distribution model

number of blocks: reward

131071·1: 16384
131071·1: 8192
131071·2: 4096
131071·3: 2048
131071·5: 1024
131071·8: 512
131071·13: 256
131071·21: 128
131071·34: 64
131071·55: 32
131071·89: 16
131071·144: 8
131071·233: 4
131071·377: 2
131071·610: 1
131071·987: 0.5

blocktime: 4 minutes
blocksize: 2MB
anonymity: 100% via ZK-snarks
segwit: from day 0
total supply: 8 589 869 056
premine: 0%
If you want to add money for development please comment in the thread
2  Alternate cryptocurrencies / Altcoin Discussion / Fibonacci halvings on: September 28, 2016, 06:50:34 PM
Instead of having a halving every 4 years or something, wouldn't it be better to increase the time between each halving according to the Fibonacci numbers?

Number of blocks: reward

524284: 4096
524284: 2048
1048568: 1024
1572852: 512
2621420: 256
4194272: 128
6815692: 64
11009964: 32
17825656: 16
28835620: 8
46661276: 4
75496896: 2
122158172: 1
197655068: 0.5
319813240: 0.25
517468308: 0.125
837281548: 0.0625
1354749856: 0.03125
2192031404: 0.015625
3546781260: 0.0078125
5738812664: 0.00390625
9285593924: 0.001953125 (now after 28655 years at least 9 decimals will be needed).

It continues like that forever resulting in a total supply of 8589869056 which is the sixth perfect number. 25% is mined before the first halving, 37.5% is mined until the second halving and 50% is mined before the third halving. The numbers above are for a blocktime of 60 seconds resulting in halvings after 1,2,4,7,12,20,33,54,88,143,232,,, years and i believe this is the ideal distribution(25% mined after 1 years, 50% mined after 4 years).

This is just a suggestion in the case someone plan to start a new coin, for a PoA coin the block reward would be split into one PoW reward and one PoS reward after 1572852 blocks.

Marketcap(including future coins) needed for secure network assuming a 10x in price is needed for the same security after halving

1 years: 100000$
2 years: 1 million $
4 year: 10 million $
7 years: 100 million $
12 years: 1 billion $
20 years: 10 billion $
33 years: 100 billion $

If the new coin is successful the price will increase enough for the network to remain secure after each halving, of course most coins fail and then it does not matter how good the distribution model is. This distribution model can be applied to any new coin but it is most suitable for pure PoW and i actually think pure PoW is the best solution when implemented properly.

Number of blocks: reward
Quote from: blocktime of 15 seconds
2097136·1: 1024
2097136·1: 512
2097136·2: 256
2097136·3: 128
2097136·5: 64
2097136·8: 32
2097136·13: 16
2097136·21: 8
2097136·34: 4
2097136·55: 2
2097136·89: 1
2097136·144: 0.5
2097136·233: 0.25
2097136·377: 0.125
2097136·610: 0.0625
2097136·987: 0.03125
Quote from: blocktime of 30 seconds
1048568·1: 2048
1048568·1: 1024
1048568·2: 512
1048568·3: 256
1048568·5: 128
1048568·8: 64
1048568·13: 32
1048568·21: 16
1048568·34: 8
1048568·55: 4
1048568·89: 2
1048568·144: 1
1048568·233: 0.5
1048568·377: 0.25
1048568·610: 0.125
1048568·987: 0.0625
Quote from: blocktime of 60 seconds
524284·1: 4096
524284·1: 2048
524284·2: 1024
524284·3: 512
524284·5: 256
524284·8: 128
524284·13: 64
524284·21: 32
524284·34: 16
524284·55: 8
524284·89: 4
524284·144: 2
524284·233: 1
524284·477: 0.5
524284·610: 0.25
524284·987: 0.125
Quote from: blocktime of 120 seconds
262142·1: 8192
262142·1: 4096
262142·2: 2048
262142·3: 1024
262142·5: 512
262142·8: 256
262142·13: 128
262142·21: 64
262142·34: 32
262142·55: 16
262142·89: 8
262142·144: 4
262142·233: 2
262142·377: 1
262142·610: 0.5
262142·987: 0.25
Quote from: blocktime of 240 seconds
131071·1: 16384
131071·1: 8192
131071·2: 4096
131071·3: 2048
131071·5: 1024
131071·8: 512
131071·13: 256
131071·21: 128
131071·34: 64
131071·55: 32
131071·89: 16
131071·144: 8
131071·233: 4
131071·377: 2
131071·610: 1
131071·987: 0.5


3  Alternate cryptocurrencies / Altcoin Discussion / [poll] optimal block time on: May 22, 2014, 01:31:52 PM
assuming that the difficulty can be increased at most 0.5% per block(adjusted every block based on the previous block time).

The advantage with fast block time is
-the difficulty can be adjusted more quickly
-more confirmations can be done for a given time(makes <50% attack harder)
-A solo-miner or small pool will receive a more even income of new coins

the disadvantage with fast block time is that the effective hashrate decreases which makes it easier to do a >50% attack. The typical blocktime for altcoins seams to be 60 seconds, however their is some exceptions such as fastcoin(12 seconds) and geistgeild(experimental, 15 seconds), both these have bean running for a large period of time, wordcoin tried a target block time of 15 seconds but changed to 30 due to a lot of issues with orphans.

The blocktime can sometimes be a lot less than the target block time, especially during instamining

4  Alternate cryptocurrencies / Altcoin Discussion / how large should the final block reward be compared to the initial block reward? on: December 28, 2013, 06:36:35 PM
assuming that transaction fees get's destroid.

I am working with this coin http://odincoin.boards.net/thread/1/odincoin and i am not sure what is optimal.

most coins today uses a scheme where most coins is created within a few yars, but some coins (such as dogecoin) uses a reward that only drops to a specific value. in the case with dogecoin it's 1% of the initial block reward, but then the miners will also recieve transaction fees(i think this is the case with dogecoin) with my currency the final block reward will be at least 10% of the initial one but what do you think is optimal?

this is supposed to be a general discussion, but if it turnes out to be about my coin i will change the the title and first post.
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