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Archived Proposals / Re: The Future of PODC - Proof of Distributed Computing
« on: February 28, 2019, 01:36:28 PM »
It is a difficult decision but I think that for the long term, POG has more chances to succeed.
However, I think that POBH (reward to the person who solved the block) should be higher. I would set it back to 4% and fully replace PODC by POG (37.5%)
Why? We need to give the opportunity to newcomers to mine some blocks (with some reasonable rewards) and earn some BBP for doing POG later. Otherwise, we are forcing the newcomers to buy BBP in order to start doing POG and this is reducing drastically our opportunities to grow.
A POBH less than 1% (current setup) will demotivate newcomers to start mining BiblePay.
This is only my opinion.
However, I think that POBH (reward to the person who solved the block) should be higher. I would set it back to 4% and fully replace PODC by POG (37.5%)
Why? We need to give the opportunity to newcomers to mine some blocks (with some reasonable rewards) and earn some BBP for doing POG later. Otherwise, we are forcing the newcomers to buy BBP in order to start doing POG and this is reducing drastically our opportunities to grow.
A POBH less than 1% (current setup) will demotivate newcomers to start mining BiblePay.
This is only my opinion.