I'd like to suggest that we make the shape of the reward curve adjustable by dynamic parameters that the witnesses can vote on. The "400" term in the denominator of the "modified linear" curve could easily be set by witnesses. If it turns out to be too high (which seems probable), the witnesses can change it.
You are viewing a single comment's thread from:
Witnesses already don't do a very good job with the parameters that exist, and arguably in few cases (difficult to prove, so I'm not going to go and make accusations) have been influenced by witness self-interest.
IMO it is better to come up with solutions that don't rely on witness input any more than absolutely necessary.
Thanks for sharing your thoughts on this; always good to hear what you think!
Thank you for this! I've been suggesting the same thing lately.
And maybe as a first cut, keep n^x but let the witnesses vary x in the range 1 < x <= 2. I think this makes a change, but keeps it close to the original intent, so we can evaluate the change and then let the witness tweak it from there, without the need for further hard forks.