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October 09, 2017, 12:26:52 AM |
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I am creating a new cryptocurrency and I would like to ask a recommendation of the amount of coins to be mined per block. Originally I was thinking to mine 10 coins per block every 15 seconds. This would give me 20 million coins per block in a year. It looks like this would be too much for a new , unknown currency, so it would not appreciate quickly. But if I set the reward per block to 1 coin, this would be not very appealing for miners to mine it. Considering that the currency was not yet emitted in sufficient amount, it would be a problem to acquire it.
So my question is, based on your experience, is the scarcity of a cryptocurrency a big problem ?
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