adolf512



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Activity: 532

Merit: 101









Full MemberActivity: 532Merit: 101 Fibonacci halvings September 28, 2016, 06:50:34 PM

Last edit: January 11, 2017, 12:20:52 PM by adolf512 #1



Number of blocks: reward



524284: 4096

524284: 2048

1048568: 1024

1572852: 512

2621420: 256

4194272: 128

6815692: 64

11009964: 32

17825656: 16

28835620: 8

46661276: 4

75496896: 2

122158172: 1

197655068: 0.5

319813240: 0.25

517468308: 0.125

837281548: 0.0625

1354749856: 0.03125

2192031404: 0.015625

3546781260: 0.0078125

5738812664: 0.00390625

9285593924: 0.001953125 (now after 28655 years at least 9 decimals will be needed).



It continues like that forever resulting in a total supply of 8589869056 which is the sixth perfect number. 25% is mined before the first halving, 37.5% is mined until the second halving and 50% is mined before the third halving. The numbers above are for a blocktime of 60 seconds resulting in halvings after 1,2,4,7,12,20,33,54,88,143,232,,, years and i believe this is the ideal distribution(25% mined after 1 years, 50% mined after 4 years).



This is just a suggestion in the case someone plan to start a new coin, for a



Marketcap(including future coins) needed for secure network assuming a 10x in price is needed for the same security after halving



1 years: 100000$

2 years: 1 million $

4 year: 10 million $

7 years: 100 million $

12 years: 1 billion $

20 years: 10 billion $

33 years: 100 billion $



If the new coin is successful the price will increase enough for the network to remain secure after each halving, of course most coins fail and then it does not matter how good the distribution model is. This distribution model can be applied to any new coin but it is most suitable for pure PoW and i actually think pure PoW is the best solution when implemented properly.



Number of blocks: reward

Quote from: blocktime of 15 seconds 2097136·1: 1024

2097136·1: 512

2097136·2: 256

2097136·3: 128

2097136·5: 64

2097136·8: 32

2097136·13: 16

2097136·21: 8

2097136·34: 4

2097136·55: 2

2097136·89: 1

2097136·144: 0.5

2097136·233: 0.25

2097136·377: 0.125

2097136·610: 0.0625

2097136·987: 0.03125

Quote from: blocktime of 30 seconds 1048568·1: 2048

1048568·1: 1024

1048568·2: 512

1048568·3: 256

1048568·5: 128

1048568·8: 64

1048568·13: 32

1048568·21: 16

1048568·34: 8

1048568·55: 4

1048568·89: 2

1048568·144: 1

1048568·233: 0.5

1048568·377: 0.25

1048568·610: 0.125

1048568·987: 0.0625

Quote from: blocktime of 60 seconds 524284·1: 4096

524284·1: 2048

524284·2: 1024

524284·3: 512

524284·5: 256

524284·8: 128

524284·13: 64

524284·21: 32

524284·34: 16

524284·55: 8

524284·89: 4

524284·144: 2

524284·233: 1

524284·477: 0.5

524284·610: 0.25

524284·987: 0.125

Quote from: blocktime of 120 seconds 262142·1: 8192

262142·1: 4096

262142·2: 2048

262142·3: 1024

262142·5: 512

262142·8: 256

262142·13: 128

262142·21: 64

262142·34: 32

262142·55: 16

262142·89: 8

262142·144: 4

262142·233: 2

262142·377: 1

262142·610: 0.5

262142·987: 0.25 Quote from: blocktime of 240 seconds 131071·1: 16384

131071·1: 8192

131071·2: 4096

131071·3: 2048

131071·5: 1024

131071·8: 512

131071·13: 256

131071·21: 128

131071·34: 64

131071·55: 32

131071·89: 16

131071·144: 8

131071·233: 4

131071·377: 2

131071·610: 1

131071·987: 0.5





Instead of having a halving every 4 years or something, wouldn't it be better to increase the time between each halving according to the Fibonacci numbers?Number of blocks: reward524284: 4096524284: 20481048568: 10241572852: 5122621420: 2564194272: 1286815692: 6411009964: 3217825656: 1628835620: 846661276: 475496896: 2122158172: 1197655068: 0.5319813240: 0.25517468308: 0.125837281548: 0.06251354749856: 0.031252192031404: 0.0156253546781260: 0.00781255738812664: 0.003906259285593924: 0.001953125 (now after 28655 years at least 9 decimals will be needed).It continues like that forever resulting in a total supply of 8589869056 which is the sixth perfect number. 25% is mined before the first halving, 37.5% is mined until the second halving and 50% is mined before the third halving. The numbers above are for a blocktime of 60 seconds resulting in halvings after 1,2,4,7,12,20,33,54,88,143,232,,, years and i believe this is the ideal distribution(25% mined after 1 years, 50% mined after 4 years).This is just a suggestion in the case someone plan to start a new coin, for a PoA coin the block reward would be split into one PoW reward and one PoS reward after 1572852 blocks.Marketcap(including future coins) needed for secure network assuming a 10x in price is needed for the same security after halving1 years: 100000$2 years: 1 million $4 year: 10 million $7 years: 100 million $12 years: 1 billion $20 years: 10 billion $33 years: 100 billion $If the new coin is successful the price will increase enough for the network to remain secure after each halving, of course most coins fail and then it does not matter how good the distribution model is. This distribution model can be applied to any new coin but it is most suitable for pure PoW and i actually think pure PoW is the best solution when implemented properly.Number of blocks: reward ▼▼▼ VITE ▼▼▼

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