Hey Matt. Ok lets make the math: 720 Blocks a day * 25 Quit per Block = 18000 Quit per day| 60 Days to Block 100,000, also 60 Days* 18000 Quit per day = 1,080,000 Quit to pos switch + 5,457,800 (Mineded Coins+Premine) ~ 6,500,000 Quit when pos switch come. 6,500,000 with an yearly interest 5% = 325,000 Quit per year, 30 mio max Coinsupply. This szenario takes many years to reach the max number of coins, i dont know is it good for this coin? what say others? and when we make a scaling interest when full pos come like : first year 20%, second year 15%, third 10%, than min 5% per year. But with this big interest your have after 5 years only 10,500,000 Mio Coins. I think Quit Dough must spreed out to the people, need more miners and a longer pow phase, more attention on the markt and every where, new markt like bittrex. i think a coin likes this one must reach the max Coinsupply in 5 years or so, 20 or 30 years makes no sense or? Your shop is allready working matt? every one can buy with Quit Dough yes? Than we need an big Articel plus an big exchange, otherwise nobody cares in your coin. When this Coin gets Attention, and get an easily Entry for people who dont know what crypto is but need E-Cigs, than we go to Skyrocking! Thats only what im thinking, have a nice day and looking forward!
Cheers
Hay Ruff
All good points, So going from 100 to around 25 per block seems better and gets the coins into the market but without a flood, raising POS interest seems like its needed as well so people get a reward for holding not dumping or buying. So much of the plan requires a stable and higher price. The team at Quit would really like to peg quit to product one day.
Cheers for the input Matt