Post
Topic
Board Announcements (Altcoins)
Re: [ANN] bitGrow - POW/POS Hybrid
by
bitgrowchain
on 13/02/2017, 20:30:14 UTC
- Max Coins - estimated around 40Million

There will never be 40 million of these coins and you know it.  Pathetic attempt at obfuscating the fact that you and a couple other guys instamined virtually all the coins in existence and the PoW reward is rapidly trending towards zero.





Glad you pointed out the POW reward issue as I think it needs an adjustment.  The original intent was to prevent a flood of coins from a multi-TH asic miner and mass-dumping of coins.

You need to do the the match and calculate the rewards based on a 2minute block.  That's 30blocks an hour vs 6blocks for BTC...

So setting a minimum value for the POW reward at 10 or 5, and then half that over time should solve that problem.