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    Author Topic: [ANN] official NovaCoin thread - the original PoS+scrypt coin.  (Read 282750 times)
    Balthazar
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    January 12, 2014, 08:01:19 PM
    Last edit: January 13, 2014, 12:02:21 AM by Balthazar
     #1001

    Which do you think would be most beneficial to the coin?
    I think that it's all about balance.  Smiley Traders and miners are parts of self-regulated system.

    I think it is safe to say that there are currently scrypt FPGAs in the wild or at least a dump truck full of new GPUs mining scrypt from profits of the past months.  As these FPGAs start to ship out, the NVC difficulty will more than likely increase which will make the block reward smaller.  Anyone else think we will see < 1 NVC PoW block reward in 2014?  Talk about a rare coin!
    For the reward lower than 1.00 we need a difficulty higher than 240000000. I doubt that it's possible in 2014. Roll Eyes

    Code:
    Difficulty Reward

    500 8.872989
    1000 7.904935
    2000 7.042496
    3000 6.582306
    4000 6.274151
    5000 6.045097
    6000 5.864168
    7000 5.715426
    8000 5.589633
    9000 5.480975
    10000 5.385569
    20000 4.797996
    30000 4.484473
    40000 4.274529
    50000 4.118476
    60000 3.995211
    70000 3.893874
    80000 3.808172
    90000 3.734145
    100000 3.669145
    100000 3.669145
    200000 3.268837
    300000 3.055235
    400000 2.912202
    500000 2.805885
    600000 2.721905
    700000 2.652865
    800000 2.594477
    900000 2.544043
    1000000 2.499759
    2000000 2.227032
    3000000 2.081508
    4000000 1.984060
    5000000 1.911627
    6000000 1.854412
    7000000 1.807376
    8000000 1.767597
    9000000 1.733236
    10000000 1.703066
    20000000 1.517259
    30000000 1.418114
    40000000 1.351724
    50000000 1.302376
    60000000 1.263396
    70000000 1.231351
    80000000 1.204249
    90000000 1.180840
    100000000 1.160285


    Anyway, we can change PoW reward function to make a reward drop slower or faster, if this would be requested by majority of users... But this would require a voting like it happened with PoS reward function before.
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