Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ħ [HODL] Fork at Block 86000 - Update before July 11th - URGENT
by
wisebc
on 06/07/2016, 05:17:59 UTC


no that can't be right. it has to earn interest like a 12 month term deposit.

it does - just like any other hodl'd coins.

So technically instead of a receiving a reward of a block of 50 you'd end up with approximately 900 (in 12 months) once we reach block 8600? I put a block of 50 into a 12 month yesterday and it equated to 931 at maturity.  Obviously this will go down as the interest goes down.

Can we get confirmation this is how it will work?

Yes, exactly like that.

So I would imagine the pools will be taking their percentage off the top of the future HOdl'ed value before they send them on in a year, so if you pool mine 50 HOdl you will actually receive about 720 HOdl in a year.  No different I suppose than taking their 2% off un-HOdl'ed coins now.  What a bookkeeping nightmare for the pools though with interest rates constantly changing, and when do they start giving you interest, each time a block is found, or when you reach a threshold like 50 HOdl in shares earned?  I assume the pools are not intended to survive?