Re: [ANN]Joincoin (J) ToR Anonymous All Algorithm mining! *1.3 WALLET UPDATE!*
Any timeline for the accelerated mining plan prior to POS implementation? Thanks in advance
Just to give a brief update:
There is still difficulty in switching to POS; therefore it won't happen.
The only choice now is to continue POW.
It should be fair to have POW reward halving starting from an accelerated relaunch ending in final block rewards of around 0.2 Joincoins after 5-6 halvings.
In any schedules, the halving would be short. We have to end in a fixed reward; otherwise, it will quickly drop to nearly zero. Even at 0.2 Joincoins/block, it is still about equivalent of about 5% annual rate initially.
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Hopefully, with stable prices and mining profitability, more mining pools will come, to improve the all-algo images of the Joincoin.
I have been following this for a few weeks
and i have mined J as well
at the moment its a very good coin with its block reward at 2 J if you start changing that then it won't be profitable to mine sha anymore.
Not sure what your long term plans are for the coin but you could do a 1-1 swap if you do want to go down the POS side of things.
Just my thoughts
you got a very good community here but they all need to speak out more.
Keep up the good work guys I LOVE Joincoin