Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [BLRY] ***BILLARY COIN***| PoW/PoS | BREAKING NEWS: PARTNERSHIP ANNOUNCED
by
djslick
on 17/06/2016, 01:30:21 UTC
I'm looking into this as we speak, this is not the intended result as I did explain, PoW blocks were supposed to continue to mine until there were 150,000 PoW blocks, not 150,000 TOTAL blocks. I apologize for this, it is our first coin, and up until now things have been smooth sailing, I was wondering when we'd encounter our first hiccup Smiley

That being said, the end result is that the coin is even more rare than expected. there are approx 8,900,000 coins that have been mined through PoW or PoS, so we're at under 10 mil, which makes the relative value of each coin a lot higher.

Again, we're looking into seeing if this can be fixed, and exactly where the fuckup happened in the main.cpp, however as it stands, there are much worse things that could have happened. At the end of the day, the coins are worth more as they are more rare. Perhaps you can see the silver lining here. Thank you for bringing this to our attention.

This will also have the unintended side-effect of stopping the multipool miners who were just constantly dumping their mined coins, so it should have an immediate effect on the trading price.