I've held bitcoin a long time, starting to diversify and pretty new to alt-coins but done some research. I think this coin has a lot of potential and I'm considering buying it. I have a few concerns that someone might know more about.
Right now it looks like the inflation rate is pretty high ~30% monthly. I realize this asymptotically approaches 0%, but even after 3 years, we are still close to ~30% yearly. Is there any plan to slow down the inflation rate at some point in the future and perhaps cap the supply the same way Ethereum plans to? Was the 314 coin block reward just a random number?
I've downloaded the wallet/mining client and been solo mining on my laptop with ~200kH/s, though no coins have ever showed up. I have never mined before and was wondering if and when I should expect something? I'm hardly the tech type, just barely managed to get that far.
Do we know when a larger exchange like Poloniex would pick this coin up?
I noticed this seems to be the only coin that is part of the Ethereum Alliance. Is there any real competition for a smart contract based music coin at the moment? Tao Coin? Do we know what exactly the connection is within the Ethereum alliance?
Anything else I should know?
Inflation will slow down in ~2 years or so due to the difficulty ice age. Most likely then it will go POS.
You won't find any blocks mining with your laptop.
Poloniex? Not anytime soon, they got bigger issues they are dealing with at the moment.
