You are viewing a single comment's thread from:

RE: Gridcoin StakeV8 in effect for 4000 blocks: stats and analysis

in #gridcoin7 years ago (edited)

Fixed block reward does not need to reduce over time, cause block per day is constant. It is the "coin*age" interest that is actually increasing: every day, there are more coins and from these coins, even more interest is paid. The "coin*age" interest creates exponential inflation, while BOINC rewards inflate linear, therefore interest is bound to take-over research at some point in the current system.

Sort:  

Yeah, changing to fixed block rewards would be good but it will make it even harder to stake so I thing we need to come up with the best solution for easily rewarding researchers first.