RE: I propose a decrease in dillution of the Gridcoin

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I propose a decrease in dillution of the Gridcoin

in gridcoin •  7 years ago 

For many months now research rewards are around 27k per day, i.e. even less than you are proposing.

Is the goal to be noticed by investors? (i.e. price increase?)

I believe this will make GRC more noticeable for investors

See how well Stellar is seen; Dogecoin has market cap ~20x higher despite ~ 250x higher number of coins... and they produce more coins a year than a total number of GRC.

gridcoin
7 years ago by

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      ·  7 years ago 

    Doesnt Dogecoin have a cap?

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        ·  7 years ago 

      unless it changed since launch, no, it's just halving every x amount of blocks.

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          ·  7 years ago (edited)

        No, extra 5.256 billion coins mined every year - constant (13x more than total GRC supply)

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            ·  7 years ago 

          I also believe this is one of the questions we have to ask ourselves in this community:

          What is Gridcoin's main goal?

           - To reward researchers and promote the whitelisted BOINC projects?

 - To have a cryptocurrency which has a "real real world" use for the mining protocol and a true alternative to other cryptocurrencies?

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