rpietila Altcoin Observer

[rpietila]

The more I think about it, the better I like the idea that emission curve should be linear with a constant block reward.

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[smooth]

The more I think about it, the better I like the idea that emission curve should be linear with a constant block reward.

Not terrible at all. XCN approximates that for a very long time with its 10-year halving exponential curve. I've said before I like that aspect of it.

[Eastwind]

The more I think about it, the better I like the idea that emission curve should be linear with a constant block reward.

Not terrible at all. XCN approximates that for a very long time with its 10-year halving exponential curve. I've said before I like that aspect of it.

10 year half life is the main factor that I like XCN.

Linear emission is also good as in the long run, the inflation is low and does not give too much advantage to the early adopters.

[rpietila]

The more I think about it, the better I like the idea that emission curve should be linear with a constant block reward.

I actually believe that it would lead to more general trust on that the coin will retain its value, than the opposite of 100% premine and 0% inflation that is touted as "good and ultimate and the value will only ever go up because there will never be any more token X". Problem is the number of such tokens is growing at least linearly, and typically the developers abandon them as soon as the initial pump is over. Not formally abandon, but practically.

If a coin is used by a community, either as a store of value or transactional medium (typically and naturally both in varying proportions), it will have value based on the economic potential of the community. If the outsiders believe in the community, the coin may gain speculative value among outsiders. This has been the case with Bitcoin at times, but I would not rule it out happening with Monero soon, due to the special quality of its community. (It may have happened with some other coins some times also.)

If a coin is developed for outsiders, with the developer intent of receiving value out of it, instead of augmenting value to it, it will experience the initial pump and then die. Very bad coins may even fail the pump. (Not all pumps that look high are successful. A successful pump means that there is at least one sucker who buys into it, and that cannot be judged from the price or even the volume alone).

[drawingthesun]

Can someone show me a viacoin emission graph?

[Este Nuno]

What does VIA hope to improve over Counterparty?

Is Clearinghouse focused on smart contracts mainly? Decentralised exchange? If it's a decentralised exchange, what makes it better than the already existing NXT AE?

[coinsolidation]

Can someone show me a viacoin emission graph?

Put one together quickly:

source

[SlipperySlope]

If a coin is developed for outsiders, with the developer intent of receiving value out of it, instead of augmenting value to it, it will experience the initial pump and then die.

Thanks! This thread has numerous nuggets of wisdom for cryptocurrency developers.

My latest thinking is a coin with the same parameters as Bitcoin. Verified turn-taking replaces proof-of-work. Block rewards are shared among high-availability full node operators, who must join the Bitcoin foundation, ultimately as voting members, or local equivalent in order to support Bitcoin Core developers.

[aminorex]

the initial adoption of a coin with no command economy is necessarily speculative.  moreover all reserve demand is forever speculative.  while i contemn the use of coins as a means of fraud, which is enabled by factors extremely conducive to speculation, such as preplanned supply restrictions and/or demand expansions, it would be folly to paint all speculation with the same brush.  a declining emission creates incentives to speculate which are tunable such that it can satisy the parameters required to accomplish a useful bootstrap dispersion.  

with some time and effort the body of extant evidence from coin issuance should be quite adequate to form a quantitative and structural theory, such that an ideal emission curve may be conditionally derived - although the likelihood of such a theory being robust suffers from the sparsity of the data and the high dimension of the space.  in my view, empirical evidence so far suggests that monero has best approximated the ideal parameters for rapid adoption, among all coins in history.  that empirical evidence should suffice to refute a criticism founded on some teetering stack of theoretical hypotheses.

[blaaaaacksuit]

Can someone show me a viacoin emission graph?

Put one together quickly:

source

By the way, since yall are now discussing other alts that show promise like monero,  it might be in your interest to look into this guy's project.  

Coinsolidation I mean.

[SlipperySlope]

Here is the one-week resolution chart for Dogecoin vs CNY as presented by Bitcoin Wisdom. Note the strong upwards breakout from the bubble collapse resistance trendline that I drew from the January peak. Merged mining with Litecoin appears to have convinced speculators that the risk of a 51% attack has greatly diminished.

[smooth]

Can someone show me a viacoin emission graph?

Put one together quickly:

source

Perhaps normalize to total supply so all of the coins are at least on the same scale?

[jwinterm]

Can someone show me a viacoin emission graph?

Put one together quickly:

Perhaps normalize to total supply so all of the coins are at least on the same scale?

+1 would be nice to see.

[arnuschky]

Not sure if this is to OT, but what's your take on SuperNET? 

I have tried to coax some sensible answer out of the people in the supernet and btcd threads,
but honestly, it all seems to be techo-gibber to me. No meaning at all. But everyone claims
that there's so much behind it - even though nobody seems to understand what. It all hinges
on that single guy (jk777 or whatever) which seems to be extremely productive in terms of
coding and extremely incapable in terms of communication...

[rpietila]

Not sure if this is to OT, but what's your take on SuperNET? 

I have tried to coax some sensible answer out of the people in the supernet and btcd threads,
but honestly, it all seems to be techo-gibber to me. No meaning at all. But everyone claims
that there's so much behind it - even though nobody seems to understand what. It all hinges
on that single guy (jk777 or whatever) which seems to be extremely productive in terms of
coding and extremely incapable in terms of communication...

It can be honest.

But I have seen the same kind (ultimate assertivity and no verifiable content) before in my life. The word "network" is always in the name. The ones I have encountered before have always been either a delusion of the centerperson detached from reality, or a conjob.

Try to make a clear statement of business model for instance. If there is one, it can be evaluated.

[visual111]

Not sure if this is to OT, but what's your take on SuperNET? 

I have tried to coax some sensible answer out of the people in the supernet and btcd threads,
but honestly, it all seems to be techo-gibber to me. No meaning at all. But everyone claims
that there's so much behind it - even though nobody seems to understand what. It all hinges
on that single guy (jk777 or whatever) which seems to be extremely productive in terms of
coding and extremely incapable in terms of communication...

maybe this helps you?



just posted in BTCD thread

[Skinnkavaj]

Not sure if this is to OT, but what's your take on SuperNET?  

I have tried to coax some sensible answer out of the people in the supernet and btcd threads,
but honestly, it all seems to be techo-gibber to me. No meaning at all. But everyone claims
that there's so much behind it - even though nobody seems to understand what. It all hinges
on that single guy (jk777 or whatever) which seems to be extremely productive in terms of
coding and extremely incapable in terms of communication...

maybe this helps you?



just posted in BTCD thread

Looks simple.
With the centralization of coinomat.com company behind
It's not a currency (disclosure: I am here to invest in currencies not companies), it's like 50 company coins / assets built into 1 who is gonna buy all that? , most likely everyone will fail, you cannot launch the same thing all over again with the same company behind it.

[smooth]

Not sure if this is to OT, but what's your take on SuperNET? 

I have tried to coax some sensible answer out of the people in the supernet and btcd threads,
but honestly, it all seems to be techo-gibber to me. No meaning at all. But everyone claims
that there's so much behind it - even though nobody seems to understand what. It all hinges
on that single guy (jk777 or whatever) which seems to be extremely productive in terms of
coding and extremely incapable in terms of communication...

maybe this helps you?

It didn't help me, and I'm not being deliberately or apathetically critical of it. I try to understand things, which is why I went to the trouble of figuring out what his teleport thing was about. SuperNET is still a mystery to me, despite pictures like this, or perhaps because of them.

[farfiman]

[explorer]

Ahhh.  Now I get it!