Symbiont
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March 16, 2014, 07:19:59 PM Last edit: March 17, 2014, 11:13:21 AM by Symbiont |
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Maybe we should collect the thought about this here as well. There were some interesting proposals in the main thread.
Like new block halving time - 3, 6, 12, 24 month - and so on.
Maybe we would change it at block 111.000 for example:
Block 1: 400,000 SMC Block 2-999: 1 SMC = 998 SMC Block 1000-110,999: 64 SMC = 7,039,936 SMC
in total = 7,440,934 SMC (2 month)
next 400,000 blocks (+6 month) x 32 SMC = +12,800,000 SMC
in total = 20,240,934 SMC (8 month)
next 400,000 blocks (+6 month) x 16 SMC = +6,400,000 SMC
in total = 26,640,934 SMC (14 month)
next 400,000 blocks (+6 month) x 8 SMC = +3,200,000 SMC
in total = 29,840,934 SMC (20 month)
next 400,000 blocks (+6 month) x 4 SMC = +1,600,000 SMC
in total = 31,440,934 SMC (26 month)
next 400,000 blocks (+6 month) x 2 SMC = +800,000 SMC
in total = 32,240,934 SMC (32 month)
next 400,000 blocks (+6 month) x 1 SMC = +400,000 SMC
in total = 32,640,934 SMC (38 month)
... this will last forever
Let´s see how BTC is doing it:
50 BTC every 10 minutes = 144 block x 50 BTC per day = 7,200 BTC per day = 0,00034285714% of all BTC per day
Let´s see what this will be for SMC:
0,00034285714 x 51,200,000 = 17,555 SMC per day / 2,160 blocks = 8,13 SMC reward per block!!!
BTC block halving every 210,000 blocks = 4 years
My 2 cents are:
Let´s have 2x the BTC reward (=16 SMC) and 18 month halving time.
in total = 7,440,934 SMC (2 month)
next 1,200,000 blocks (+18 month) x 16 SMC = +19,200,000 SMC
in total = 26,640,934 SMC (20 month)
next 1,200,000 blocks (+18 month) x 8 SMC = + 9,600,000 SMC
in total = 36,240,934 SMC (38 month)
next 1,200,000 blocks (+18 month) x 4 SMC = + 4,800,000 SMC
in total = 41,040,934 SMC (56 month)
next 1,200,000 blocks (+18 month) x 2 SMC = + 2,400,000 SMC
in total = 43,440,934 SMC (74 month)
next 1,200,000 blocks (+18 month) x 1 SMC = + 1,200,000 SMC
in total = 44,640,934 SMC (92 month)
...
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