sorry can't go it's like 8000 miles away
Maybe EMD can be the 'fair' crypto of choice for Hampshire freemen
must photo the event pls!
If there is a choice only between POS and AuxPoW, I choose AuxPoW.
bigger fan of AuxPoW
and if that is done then the Fork ought reduce the reward
from 15/min to 1/min sound about right ... or 0.33 EMDs/block
(you can let the rewards run high for 4 months or so to get the mining pools adopt it into their MM lineup)
this gives a longer mining life without increasing total coins (MAX)
keep the block speed
EMD is a gem
When we did the takeover, I always envisioned keeping EMD as a miner's coin, which AuxPoW will help provide.
Regarding the reduction of the block reward... It halves around June, so That would be a good time to do the fork and reduce the future block reward even further. I'm thinking dropping the reward to 1 per block, at that time, for either 6 months or 1 year and then halving to 0.5 per block. I do not want to drop the reward too drastically, at first; yet still put a plan into place to significantly reduce it within the next year or so.
As for the block speed; that will not be changing. One of the great things that EMD, as it is now, has going for it is the block speed. Making longer blocks takes away one of the selling points for EMD as a currency. The block speed plays an important role in how we want to market EMD in an upcoming venture.
There will be a lot happening between now and June. We will be announcing the EMZ initiative and a future project that will kick off in June within the next month. In the meantime, we will be preparing the code for the next fork of EMD to further reduce the block reward and add AuxPoW. As soon as that code is released, we will begin work on the mobile/online wallet which is at the heart of the upcoming June project.
I can't add much. This sounds pretty damn good.
Going mobile wallet is key, but no rush let others get the app coded right. We can copy. Right now the mobile wallets are good, but lack stuff like easy copy paste (geared more towards QR code but forgot simple things like click link and pay or how hard it is to copy paste addies on a little tiny phone). And yeap speed matters in the mobile game