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Block Version 9 and Constant interest. #617

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tomasbrod
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  • Foundation for block version 9.
    • block trigger height arbitrary
  • Constant interest of 12 grc per block.

@Quezacoatl1
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Can we have some other number than 12? We want to reduce the complexity and 12 seems random.

I propose 20 (bigger than 1.5% interest so we keep the promise of 1.5% interest rate if investors stake).

@ghost
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ghost commented Sep 14, 2017

I think it works out at 15 if you remove the foundation funds from the total supply.

@Quezacoatl1
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15 is much better than 12, but a "round" number would be more appropiate IMO. Sadly 10 (would be best I think) is too low.

@tomasbrod
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tomasbrod commented Sep 14, 2017

I am not happy with discussion of the amount here. Go argue in the mega-thread #106. But average interest per last 200 000 blocks was 11.567 GRC per block. That is why I choose 12. It can be literally any number.

@tomasbrod
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Candidate for Erkan-Yilmaz/Gridcoin-tasks#43 ?

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2 participants