Removing tail emission or starting it at..

[abhishek1104]

To the best of my knowledge the static emission will be 1.20000000000 Aeon

I propose to remove the tail emission or start it much lower ,with an emphasis on promoting the usability of those so long decimal places....

We are having up to 12 decimal places in each unit of Aeon and still the tail emission is set to start fixing it at 1.2 Aeon per 4 minute block.

Why not start at 0.120000000000 or at 0.012000000000 or much below it.....

Keeping into consideration of dynamic block size for which tail emission will play an important role...Why can't we have declining slowly towards 0 (promoting the use of those so long decimal places with assumption that in future they would be of something worth,not assuming that they would always be worthless FOREVER.)

[stoffu]

I think it's extremely difficult, next to impossible, to change the emission rule without contention at this so much later point since the launch. IMO, it is one of the most important social mantra that must be preserved no matter what (except for real existential threat).

Personally, I think the tail emission rate of 0.3 AEON/minute is reasonable, and making it smaller doesn't seem to solve any problem. After all, the goal was to ensure that there will continue to be enough incentive for miners. Why do you think lowering the amount could be better?

with an emphasis on promoting the usability of those so long decimal places....

I don't understand what you mean by this. Those decimal places will be as useful as they are, regardless of the tail emission rate.

Keeping into consideration of dynamic block size for which tail emission will play an important role...Why can't we have declining slowly towards 0

The dynamic block size mechanism will stop working if the block reward approaches to zero.

Lastly, Aeon's original social positioning was to be Monero's clone, including the emission schedule. If you want the emission schedule to be changed, you'd better start a new chain, like Wownero did.

[abhishek1104]

I appreciate your views. Just to make it clear I am never ever in favour of starting a new chain of Aeon..

Just wanted to know the technical perspective of keeping it fixed at 0.3 Aeon / min not below that.

If I am not wrong then in Monero as well tail emission never got full agreement from the community in history as well.

[stoffu]

If I am not wrong then in Monero as well tail emission never got full agreement from the community in history as well.

AFAIK there was no severe contentions about the concept of tail emission and the actual rate. If I’m wrong, could you provide some links?

Some coin parameters like emission rate have to be chosen arbitrarily (as long as reasonable); it’s difficult to say which specific value is optimal.

[abhishek1104]

That's fair enough. What's your 2nd paragraph says is what I am saying exactly....

Anyways very interesting threads (not to prove anyone wrong or right -- dynamic Blockchain logic holds it against virtually everything) https://bitcointalk.org/index.php?topic=753252.msg12440450#msg12440450

I am just for proposing a critical healthy discussion related to reconsider the fixed rate of tail emission in Aeon.If community along with core devs and other intellects agree.(Even if the value differs from Monero)

Same points as following

https://www.reddit.com/r/Monero/comments/8goy71/tail_emission_critical_discussion_why_notwhywhy/

[stoffu]

To me, the need for the tail emission seemed as obvious as the need for the PoW for consensus mechanism (instead of others like PoS). If one was opposed to it, she wouldn't join the protocol in the first place. As such, I'm a bit hesitant to call this discussion "critical and healthy", although expressing opinions never hurts.

[abhishek1104]

That's absolutely OK.

I am also not against it completely,just mainly for reconsideration of 0.3 Aeon per minute (or 300 milli aeons per minute with still 8 decimal places) ,that's it.

Or simply why not to reduces those very high Fancy decimal places...And irrespective of it is considered or not it is not a blocker for me ,not to hold/use/trust Aeon (will mainy remain as dissent on this part that's it) ..

[stoffu]

Decimal place has no role here; it’s only for the sake of visual perception. All amounts are internally represented as integers, e.g. 0.3 Aeon is internally 3*10^11. What you proposed here is to reduce that number to whatever, which I’m strongly against. Do you still intend to push your proposal?

[abhishek1104]

Well I rest my case here.

Though personally I agree with all the points apart from 3*(10 pow 11) value fixation logic nothing more or less than that.

As per proposal it's all on community,Dev's etc to decide on the same.Still there is long time for tail emission to start and not so critical at this point of time,in future if it is considered then would be great ,if not then also fine.

Also hope you start working on BP implementation soon and keep doing great work for Aeon...

[BigslimVdub]

I believe the current tail emission will work as needed so long as the network sees normal usage and transactions in blocks.

[stoffu]

apart from 3*(10 pow 11) value fixation logic nothing more or less than that.

So you don’t seem to be agreed with the idea of tail emission in the end. Maybe then Wownero is better fit for you which doesn’t have tail emission; it’s also a fairly launched coin.

[bitlamas]

Unless there are some concrete reasons as to why the network would benefit from lowering the tail emission start point, I don't think it's a good idea. In fact, I actually believe there are many (non-technical) benefits on AEON following the same 0.3 coins per minute rate. It puts AEON on par with XMR and that can be good thing.

[iamsmooth]

I don't see any consensus in favor of this change nor do I see meaningful discussion of it, so I'm going to close this.