Grin is being forked for reduced inflation!

You should think of it as % of all coins that will be minted, and it makes most sense to do the opposite

That is the feature we use to get to where we need to Go. Our emission model is our anthem, and I think these forks are very cute.

The name is terrible too. And the optics.

bitcoins coin model is terrible; its just there weren’t alternative opinions at the time.

4 years is much to long, and halvenings cause choas in the economy even if speculation will spread it out over the year, its still causes damage.

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Hereby I am proudly announcing my own fork of BitGrin itself.
It will be called BitGrinCash+ (The “+” in the name is avoid further forks from mine.)
It will be somehow different! Launch will be Feb 6th 2019!!!
I have to think, how this can actually work even before your own launch. Details to follow…

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I will join you. This sounds like a great idea. Bitcoin 2.0. Let’s just call it that.

Ok, great Idea, but let´s keep the “+” (To secure the chain!)
Now I have to rewrite the whitepaper. Luckily it is very short.

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  • Pre-mine: ~ 0.2% of the block reward generated in the first 3 years*

No thanks.

Current iflation rate 1 grin per sec (or 60 grin per minute). The time is asset. Time is money. Infinite emission is infinite only at infinity. Real emission finite time interval. The actual number coins after 1 year 31-32 millions grin coin. After 100 years about 3.15 billion coins. The issue is always finite coin lifetime. US Dollars emission also finite coin lifetime. Despite the fact that billions of dollars are issued per month. Moreover, for the development of the economy always needs new coins. The issue of money has always been and it can not be stopped if you want your coin to become a means of payment. At a cost of 10, the capitalization of the grin project in 100 years will be only 31 billion. Is that much??? The option issue that is now the most promising for the future of the GRIN coin!

I keep hearing this idea that a linear, constant block reward is going to cause inflation to be crazy, but with linear emission rates, inflation tends towards zero. As the total supply goes up, the percentage of the total supply added each year gets smaller and smaller. This is an ideal monetary policy for a currency that has the purpose of transacting. Bitcoin is going to have major problems as a transactional currency once the block reward hits zero as fees are going to skyrocket.

Good luck with your fork coin, but I’m sticking with grin core. I’m not in this for a deflationary policy that will pump the coin for the early investors in the short term but kill it in the long term.

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I agree that woke is probably the one to watch closely here. The team there understands cryptoeconomics like nobody else.

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That block reward at height 1 on Grimble looks legit -

pub fn reward(height: u64, fee: u64) -> u64 {
	let reward;
	if height == 0 {
		reward = BLOCK_TIME_SEC * GRIMBLE_BASE;
	} else if height == 1 {
		reward = 100_000 * GRIMBLE_BASE;
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I suggest adding a few more zeros.

Already turned out to be a shortsighted scam

At least get some lols out of it :grinning:

Hehe hey buddy, ironic, that’s what we ended up doing!

Epic is designed to be Btc 2.0