i disagree its not lack of excitement over inflation, most of the dedicated stakers are doing so because they want to support the network not stake crazy amounts to dump every day.
Stakers are a different breed of animal when compared to miners. To stake efficiently you need to commit yourself, by buying a significant amount of CBX, and this fact alone demonstrates that a staker has at least some attachment to CBX and agrees to the CBX philosophy to some degree.
I don't think that it would be typical of a staker to dump coin like miners do.This is why I don't mind rewarding stakers a little more.
The idea of CBX as a store of value is more important then being produced generate more coins every day.
There is an economical value to the "effort" of maintaining the network i.e.
staking. By today's low valuation of CBX and the low PoSP participation of CBX in general, it is clear to me that
this economical value is not being met by current parameters; i.e. it's not economically interesting enough to
most people. Humans are economical creatures: if a certain endeavour is not lucrative enough to them, they look elsewhere.
This is why
I voted option 2 of the Poll - increase inflation very slightly to make staking and masternode creation more economically interesting
while still maintaining a low inflation profile.
change the block time target so they evenly spaced out to be at least 2-3 minutes apart or even 4-6 minutes apart instead of the current
This would make CBX slower, and thus remove one of it's key advantages, so I disagree with this one.
There also the memory issue that still need to be resolved, an issue with they how the wallet is not orphaning blocks when a wallet splits off from the network,this prevents it reconnecting and adopting the longest chain that other nodes are on and leads to downtime as we have to take the wallet offline and resync from our last backup or snapshot. I've had to do this twice in the last month.
I have to agree with you on that one, the current CBX Vault is very memory hungry, and it is impossible to sync CBX without extra help which can be intimidating to non-technically inclined people.
This, to me, is unacceptable, which is why I am proposing to use brand new software and it would be nice also to reset the blockchain to current values to alleviate the slight blockchain bloating problem that CBX has.
... complete rebase to blackcoin code and then make the changes required to continue with the existing CBX blockchain and provide a more stable environment for us CBX stakers. ( I also run BLK node alongside CBX node, and it uses alot less memory and never have issues with needing to resync/getting cut off from network etc)
I am not sure BlackCoin has masternodes, from which you can't have true anonymity with BlackCoin; but I'll have a closer look.
Anonymity along with metal fungibility, ties well to the "Digital Precious Metal" idea CBX has.
Poll
