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hope the price will rise with the new POS reward

Quote from: mrz123 on June 15, 2015, 06:11:56 PM

Why not make it 1 coin per block or something instead?
If its a static number, people know what to expect to earn.

I'm guessing that this would be better for those who have invested more into the coin, as their stake rewards would be better than those who may have only invested a fraction of some of the other investors.

3% PoS (to kick in on Friday with a hard fork + new wallet) seems fair to me. Also, glad to hear that the coin will be capped at 4-5M.

Quote from: kampretkabur on June 15, 2015, 07:59:02 PM

hope the price will rise with the new POS reward

It has already started to move ,just few hrs ago people were dumping their coins even at 400 sat but now lowest sell price is 925 sat , i hope in few hrs it will cross 1.5K .So news regarding inflation fork is really showing a movement in coin's price.

I think people would like to see a fixed number rather than % for the new POS hardfork. At least I would like to see if one day we would be trading at 1$ USD to see 1 Graviton (1 dollar) per stake in my wallet. That would make a inflation of 365.000 new coins per year and if it would be 3% it would be 150.000 coins per year. If you want to go for percentage for POs staking than make it 5% instead of 3%

I have pushed the updated code and updated the 64-bit windows wallet link. A 32-bit wallet will be available shortly and the Android APK will also be updated.

The hardfork will occur at block 67,000, which should arrive approximately on Friday June 19th. At block 67,000, the stake reward will adjust to a flat 0.25 GRAV per block which is approximately equivalent to 3% per annum at a 3M coin supply.

I also included a fix for better synchronization of the list of Gravitator nodes.