Some time ago, we all discuss about this, and make agreement about 21 day.
And now again, same discussion from scratch.
We will wait for Alzheimer to make proposal.
The issue is security, after analyzing the options, we realized that in order to encourage trust-nodes and staking for network security we should reduce the 21 day expiration to something more reasonable. We want full-nodes operating and want to reward them, however, we also don't want people jumping on and off the network every few days. 7 days seems like a good balance.
Making progress on wallet and GPU miner. Still on target for Nov 25th.
The team is certainly making progress in terms of developing consensus around core ideas and philosophy of Nexus.. hope to share our vision more intricately soon. Cheers
what is difference in 7 and 21 day.
What is secure 7 day and 21 day is not secure ?
if you start the wallet after few hours it come genesis block.
after 24 hour inactivity, when you start wallet again , after few hour is come another
genesis block. why is that more secure, than something else.
At this moment i have more reward to start wallet every 25 hour, and more genesis reward,
then trust reward.
i don't see logic in all this.
what you want to achieve with this whole concept. ?
At this moment this looking like POS reward for rich wallets with milions , and punish for someone with for exemple with 10000 coins.
If is more secure to run more wallets then you stimulate small wallets, not big one.
For example, genesis only for exactly 10 000 coins.
for more then 10 000 is no reward.
and reward base for 10 000 coins. Whit this attract 500 people, for exemple to staking 500 x 10 000 coins.
5 mil coins staking. this is 500 nodes. This is secure , right ?
Much more than 20 - 50 nodes.
if someone want to earn with staking, then you stimulate users to run more wallets.
this is good for network, marketing, and this expand user base.
And spread distributions, and less coins is on exchange. And pice go up.
