My understanding of RAC was it was a weekly half life, so days 0-7 = 100%, 8-14 = 50%, 15-21=25%, etc. etc.
So by my understanding after a week you can roughly estimate that a particular machine will do about double that over the long haul
1 week 50%
2 weeks 75%
3 weeks 87.5%
4 weeks 93.75%
... ...
99% at 7 weeks.
Is that a misunderstanding?
Additionally, I was thinking and wondering if there might be some benefit to the system to require a larger "stake" for higher RAC? This could alleviate the phone / unbanked poor issue and also be more equitable for the larger RAC users (like it seems like I'm going to be one of). So basically a graduated system where there were three or four tables for Biblepay UTXO Reward Chart or maybe making it a percentile based affair? Such as Stake amount required = 2*RAC for 100% (just spit balling)? Looking at the leader board, I see a good number of users with RAC in the tens of thousands (and again, I may be one of them at some point), but I don't believe it to be equitable that a 1000 RAC user and a 10,000 RAC user both require the same 50K BBP stake for 100%.
Beyond that, it seems like PoDC is working very very well! Are we still on target for a mid-to-end-of-March (barring any other significant issues) shift to PoDC?
Yeah, its a misunderstanding of RAC, possibly due to not understand the nature of exponents or what half life of 30 days means.
On day 2 you would have 33% of your RAC in place, on day 8 : 66%, and on day 14 : 90%, roughly similar to what I said in the prior posts.
(By the time the half life hits, you have 90% of your Stabilized RAC in place)! The Half life is 14 days!
Regarding the second idea, I dont think its beneficial to create arbitrary rules that promote people to split wallets and CPIDs (as thats all they would do, is split the cpid into two if they had to have higher balances). In addition its important that we run this system for one year in the most simple form possible in order to support it and debug it, then vote on the most important changes after its live for a few quarters.