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nuggetbram (OP)
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June 08, 2014, 01:56:41 PM |
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Out of all the masses of altcoins, which parameters do you feel work best? (I'm only dealing with pow here)
Should the rewards be low or high? Does fighting inflation by cutting rewards really help? What block times offer maximum satisfaction?
I personally believe that a consistent reward of 75 at 2 minute block times is the best (so good, I can't even remember what coin it's from)
What are your opinions?
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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Parazyd
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June 08, 2014, 01:57:54 PM |
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50 coins for block reward. Max of 21M coins. Block time of 10 minutes  |
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nuggetbram (OP)
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June 08, 2014, 02:10:29 PM |
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50 coins for block reward. Max of 21M coins. Block time of 10 minutes I can see that taking off... Hmm. Well, I guess we'll go with SHA-256 as many people have asics, and since it's computer related, we need a relevant name... Bytes are a computer term, but bytecoin's already taken... How about bitcoin! Sounds pretty good! I think we're onto something! |
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freebitcoins4u
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June 08, 2014, 02:57:53 PM |
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lots of coin rewards per block!
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Mr47
Newbie
 Offline
Activity: 3
Merit: 0
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June 08, 2014, 03:59:42 PM |
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Out of all the masses of altcoins, which parameters do you feel work best? (I'm only dealing with pow here)
Should the rewards be low or high? Does fighting inflation by cutting rewards really help? What block times offer maximum satisfaction?
I personally believe that a consistent reward of 75 at 2 minute block times is the best (so good, I can't even remember what coin it's from)
What are your opinions?
Quantity of coins for 1 block + liquidity should be good. I think that you can copy these parameters from MRO |
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JazzManLoveBTC
Newbie
Offline
Activity: 13
Merit: 0
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June 08, 2014, 04:17:38 PM |
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Out of all the masses of altcoins, which parameters do you feel work best? (I'm only dealing with pow here)
Should the rewards be low or high? Does fighting inflation by cutting rewards really help? What block times offer maximum satisfaction?
I personally believe that a consistent reward of 75 at 2 minute block times is the best (so good, I can't even remember what coin it's from)
What are your opinions?
Quantity of coins for 1 block + liquidity should be good. I think that you can copy these parameters from MRO But if there will be a lot of coins for 1 block it will loose all liquidity  |
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MidnightRon
Newbie
Offline
Activity: 49
Merit: 0
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June 08, 2014, 05:09:04 PM |
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Out of all the masses of altcoins, which parameters do you feel work best? (I'm only dealing with pow here)
Should the rewards be low or high? Does fighting inflation by cutting rewards really help? What block times offer maximum satisfaction?
I personally believe that a consistent reward of 75 at 2 minute block times is the best (so good, I can't even remember what coin it's from)
What are your opinions?
Quantity of coins for 1 block + liquidity should be good. I think that you can copy these parameters from MRO But if there will be a lot of coins for 1 block it will loose all liquidity Yeah maybe that's why he said about MRO coz it has an amazing parameters. |
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Mikez
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June 08, 2014, 06:00:02 PM |
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50 coins for block reward. Max of 21M coins. Block time of 10 minutes This just made me laugh. A lot. Thank you dear Sir!  |
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Parazyd
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June 08, 2014, 07:11:47 PM |
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50 coins for block reward. Max of 21M coins. Block time of 10 minutes This just made me laugh. A lot. Thank you dear Sir! Virtual fistbump. You're welcome |
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nuggetbram (OP)
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June 09, 2014, 12:30:37 AM |
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Out of all the masses of altcoins, which parameters do you feel work best? (I'm only dealing with pow here)
Should the rewards be low or high? Does fighting inflation by cutting rewards really help? What block times offer maximum satisfaction?
I personally believe that a consistent reward of 75 at 2 minute block times is the best (so good, I can't even remember what coin it's from)
What are your opinions?
Quantity of coins for 1 block + liquidity should be good. I think that you can copy these parameters from MRO But if there will be a lot of coins for 1 block it will loose all liquidity Yeah maybe that's why he said about MRO coz it has an amazing parameters. How exactly does monero's reward work? The post just says "smoothly" and I can't find in the arc as it's a cryptonote... |
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kelsey
Legendary
Offline
Activity: 1876
Merit: 1000
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June 09, 2014, 12:51:18 AM |
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raising the debt ceiling above 17 trillion |
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