This was my idea! I want copyright fees
(look at the links in my sig)
My criticism to this implementation:
- There should be NO possibility to release the reserve before the release date, like in a real bank deposit. That should give the coin more stability and it would be less vulnerable to crashes and panic sells.
- "Interest" rate is too high, should be less than 5%.
- "Interest" rate would best be flexible, higher when there is less interest in "staking", and lower when there are great amounts of staked coins.
So this implementation is only a B-. But I am interested how this plays out.