RFC 57: Safecoin Revised

[krnelson]

@mav

I would love to say ‘x = 50%’, but then get stuck on what the reward and storecost should be. I honestly cannot answer that. No algorithm seems appropriate. I’m totally open to new algorithms (see next step of a safecoin algorithm and exploration of live economy) and feel it’s a solvable problem (see health metrics), but so far nothing seems sufficiently sustainable to me. Perpetual Auction Currency feels like the closest thing we have right now to a working sustainable algorithm (although this is not without controversy!).

I have mentioned this before and it sounds like a problem well suited for system dynamics modelling via tools like Misky or similar, especially when more “almost real” Safecoin related data starts to come in from beta network tests.

@krnelson

Just a heads up: The Minsky project is probably the tool to use for anyone with the DE skills required to model Safecoin. I believe there is some work towards modelling BTC with this award winning tool as well.