I'm guessing 500-1000 will put us just under 1 billion per year (although I could be way off because I can't math.) I think it's a fair change which will be good for the adoption and use of the coin long term. What we want to avoid (and I believe we are avoiding it) is the current situation with scamcoins where they say "80million total coins, 1k per block" etc, then lower max coins to 20mil and drop the block reward sharply. I know nobody here has even mentioned that, but I just want to assure newcomers this won't happen.
right, this is simply to prolong the life to mine, here are the calculations I made for the block rewards in its current state
we are at block 72,720 at the time of this post, so the next rewards reduction is coming soon.
I'm gonna throw out a few ideas to see what you think. How do you guys feel about a short boost in block reward as the new wallet hits?, sort of an incentive (& wallet update celebration) for new miners to get in & mine some serious coin as we did during launch, say back to 50,000 trl for 10,000 blocks, then droppping it back down & continuing the reduction?
The new wallet can be released a couple weeks to a month at the most is my rough guess.
