Post
Topic
Board Announcements (Altcoins)
Re: DubaiCoin-DBIC دبي كوين
by
4fanbtc
on 21/02/2016, 18:30:10 UTC
the return of sha256

Ticker: DBIC
Algorithm: SHA256
Supply: 10 500 000
Premine: 1%
Pos: 4% monthly
Number Of Blocks: 350 000
60 Seconds Per Block
10 Blocks to Confirm
Min. Staking Age: 30 days

Block Rewards:

1: ~ 1% Premine
2-100: 0 (instamine protection)
101-50,000: 100 (~ 1 month)
50,001-100,000: 50 (~ 1 month)
100,001-150,000: 25  (~ 1 month)
150,001-200,000: 12.5  (~ 1 month)
200,001-250,000: 6.25 (~ 1 month)
250,001-300,000: 3.125 (~ 1 month)
300,001-350,000: 1.5625 (~ 1 month)


looks ok, but may i suggest re-considering the min stake age?
this being a somewhat "hi-pos" coin, the 30 day min age is brutal!
this will be a hi-pos trading coin that noone can stake! (is your premine staking now?)
just a suggestion Wink
Dubai is my shit so ill be in either way haha

DubaiCoin-DBIC is a longterm coin and will have active development, I agree the 30 day staking age is a lot but bare in mind that this is not a hipos coin.

The pre mine is not staking now and at launch we will split the pre mine and that way there will be no advantage for dev's.