Several ways have been proposed for the project resumption, and i'm gonna tell you about the one, which was selected.
Many coins reward size decreases with time, or at least is constant. In the long term, it contributes to the price growth. However, the CACH reward increases over the years, and I even remember that on Nf14 reward was reduced to 16 CACH, but now on Nf19, when raising the power of the network requires a lot of effort, the reward is 70-80-90 CACH. In addition, here is another drawback; the reward amount is inversely proportional to the network complexity, the more complexity, the less CACH. It is absolutely not designed to involve a lot of people. The more people mining the less reward, and vice versa. The reward size, in upgraded Wallet is proportional to the network complexity, the more complexity, the more CACH reward. Also, taking into account the coin age, the change limits in reward have been reduced to minimum 40, and maximum 80. On the maximum network power, which I have seen at Nf19, the reward would be 50-60 CACH. The total amount per day would be 5000-6000 CACH for all miners, at the current price - this is not enough. We provide a program for mining support for 1-1.5 year. For this support from the project development reserve fund allotted 1000000-1500000 CACH. It will be distributed through mining on the pool, and the reward for the block will be set manually and amount to 80 CACH.
If the developed algorithm of complexity recalculation together with Spam-Hash control will show themselves properly, they will be used in other projects (questions have already been asked), and as a consequence, we could think about adding CACHeCoin to other Markets (Exchanges). Now the Markets on its own initiative does not add a coin, you have to pay for everything.
Im asking for the CACH holders, who have alive Wallets with coins purchased or mined from 2014 till 2017. We want to index your coin, and for analyzing this possibility write in this topic your CACH addresses.
I suppose we neednt a development team, but we need one enthusiast C ++ and Crypto. We need an enthusiast, who is interested in this, and who is already doing this for himself. In this case, the approach - how much will I be paid, if I do the given job, does not fit at all.
The reserve fund will be used for the project development, it was suggested to hide it; we have such opportunities, but decided to make it transparent. It was used and are using by very successful projects, the last thing, that amazed me is Monero. For protection from ASIC, they switch to another algorithm with stopping exchanges, they will clearly replenish the Moneros reserves, during the testing. Well, they replenished, its their own business, but they have legalized this replenishment every six months. I have read somewhere that for the protection from ASIC, Monero will change the algorithm every six months.
There are a number of issues, that we must resolve, before getting rid of the reserve fund:
when CACH would be added to other exchanges
when the development goes according to plan
when different services would be working
when, clearly the reserve fund balance will prevent price increases
Very informative and good start. I am not a programmer but I know friends who might be interested. However, Last time when I asked before the fork you said to leave my coins at Cryptopia .. Now you ask for CACH address, is that means I should move my coins to CACHE wallet or leave at Cryptopia ?
