Post
Topic
Board Announcements (Altcoins)
Re: DubaiCoin-DBIC دبي كوين
by
Makingsure
on 21/02/2016, 18:39:22 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.

good enough, thx for the answers! Wink