Vote on New PoS Parameters if PoW is removed

Economics Minting (Proof of Stake)
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I thought it would be a good idea to create a new topic to focus on a poll for the PoS parameters so it doesn’t get ignored in the previous thread. However the previous thread can be read for context: Changes to Proof-of-Stake Inflation and Rewards

The question assumes PoW is removed, which reduces overall inflation.

In the context of removing PoW, what PoS reward structure do you prefer?
  • 3% coinage / 0.25% static (Current)
  • 1% coinage / 1% static
  • 1.5% coinage / 1.5% static
0 voters

People can suggest alternatives, though these options appeared to be the most agreeable from the previous thread and I wanted to keep the options simple.

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don’t remove PoW is my option, since it’s not available in the poll

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Update the poll with more choices

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Agree. My vote would be 1%/1% and PoW stays.

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What choices? I kept things intentionally simple but you can create another poll if you wish.

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This is the expected inflation over the next 10 years assuming the current minting participation remains stable and without considering burnt fees. The blue line is the current inflation assuming a stable 39 PPC PoW reward.

As can be seen, I suggested 1.5% / 1.5% to better replace the removal of PoW inflation. 1% / 1% with the removal of PoW would cause a substantial drop.

PoS_Options_Inflation
PoS_Options_Inflation978×682 58.3 KB

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Till date total PPC was used in tx fees are less then 15K PPC. Peercoinexplorer.net - Peercoin (PPC) charts

I would also like to see we push tx speed to 3 min a block with lower inflation. Are you able chart inflation due to 3 min block? I would go for 1%/1% with the removal Of POW Unless we see significant rise in tx at that time we can run re-poll to increase inflation to 3% when we see more tx fees being spend.

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It would be the same. The block time has nothing to do with it as PoS rewards are calculated on an annual percentage basis.

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