@CriptorealDev: Could you please give us some explanation about the halving?
The first halving was planned in ~3 years.
So we would do this halving in July. OK. but why continue the next halving at a rate of 6 months afterwards?
Is there not a risk that the currency in circulation will never (or in a very long time) exceed 10% of the total suply initially planned?
Why not reduce the mining reward only? 30 for PoW and 60 for PoS?
Then, any news about the betting Site incorportating CRS as payment method? I want to use my hard earned CRS
Hi chem96,
I know I'm not the dev but since we are waiting, I would like to speculate on some ideas. While I cannot answer questions since I'm not a dev, I still enjoy the discussion and hope it is okay with you.
So yeah, a halving now is quite a HUGE difference from the original plan of doing it 3 years from now. And what has driven this? Well, the announcement correlated the move to Nicehash's support for Lyra2z. However, the development team did not indicate a desire to fork the algorithm. Instead, the strategy seems to be to make acquisition more difficult. I imagine the thought here is that only people who truly see long term value in CRS will continue to mine it after the halving.
But now there is something else to consider in addition to Nicehash and that is FGPA mining. Nicehash brought a lot more focused nethash on lyra2z coins. Well, FPGA marks something like a 10x or more performance and efficiency boost and could eventually outpace GPU nethash to similar factors. In my opinion, this is another scenario favoring active development teams that would fork an algorithm rather than adjust an easy setting in the existing algorithm.
I don't know what CRS next move will be but it seems they are active and busy according to a discord manager. The betting site integration is still being worked. GitHub shows the last commit was about 2 weeks ago. Nothing terrible that I see. Signs of development and activity continue.
