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April 29, 2013, 06:19:22 AM |
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Hi guys, I'm t rying to design a new coin and I wanna get some help from this forum. Right now I'm trying to design the generation logic and method of the coin, following is my method: 1. one block per minute 2. First year 32 coins per block 3. From the second year, coins per block double, that means the second year 64 coins per block, the third year 128 coins per block 4. In the eleventh year, 8192 coins per block, this is the top 5. From the 12th year, coins per block reduce by half 6. In the 22th year, per block include 32 coins, then the number of coins per block wouldn't change forever.
In this logic, the total coins generated will be 17222860800(the first 22 years) + 168190 coins every year (From the 23rd year) .
How do u think about this method. At first, the coins grow up, I wanna make this coin to be fair enough for later miners and users; And I don't want to limit the total number of the coin because I want to make this coin as similar as the real world money? What's your suggestions? I wanna find a way that can be dynamic change the number of coins per block, maybe considering the compute difficulty and the whole net hash power.
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