Post
Topic
Board Altcoin Discussion
Re: [NEW CURRENCY] Maria 2.0 was banned, here is her proof. The birth of Bytecoin!
by
TradeFortress 🏕
on 03/04/2013, 06:22:10 UTC
Very interesting altcoin, watching.

Well, strictly speaking nothing makes it interesting, as it is a straightforward clone of bitcoin with zero improvements or additions.

A huge difference is the block reward. You get 50 BTE vs 25 BTC
I think you're stupid.

Bitcoin started with a block reward of 50 BTC.

plus, the block reward does not matter, 500 BTE would mean each BTE is only worth 1/10 as much.

No need to be so rude. I mean for my 18 yr old son who just hear about mining, realizes its almost impossible for him. He has a Gaming alienware laptop, bytecoin.
There is a need when someone is commenting when they don't even know basic economics.

Right now the difficulty is artificially low due to the 4x diff increase cap, but the block reward doesn't matter at all. The only thing that matters is the curve, and how much total coins will be mined.

I can make a coin where the block reward is 50 million multicoins, with a total money supply of 50 trillion. Would your 18 year old son mine that?